Filing Details

Accession Number:
0001193125-20-165149
Form Type:
13G Filing
Publication Date:
2020-06-10 07:49:33
Filed By:
Eastern Bell Xix Investment Ltd
Company:
Yunji Ic. (NASDAQ:YJ)
Filing Date:
2020-06-10
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Li Yan 271,832,540 0 271,832,540 0 271,832,540 23.2%
Eastern Bell XIX Investment Limited 215,032,540 0 215,032,540 0 215,032,540 18.3%
Eastern Bell XII Investment Limited 56,800,000 0 56,800,000 0 56,800,000 4.8%
Suzhou Zhongding No 215,032,540 0 215,032,540 0 215,032,540 18.3%
Suzhou Zhongding No 56,800,000 0 56,800,000 0 56,800,000 4.8%
Shanghai Dingying Investment Management Center (Limited Partnership) ( ) 0 271,832,540 0 271,832,540 271,832,540 23.2%
Suzhou Zhongding Hengtang Equity Investment Management Center (Limited Partnership) ( ) 0 215,032,540 0 215,032,540 215,032,540 18.3%
Shanghai Zhongding Investment Center (Limited Partnership) ( ) 0 56,800,000 0 56,800,000 56,800,000 4.8%
Filing

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Yunji Inc.

(Name of Issuer)

Class A ordinary shares, par value $0.000005 per share

(Title of Class of Securities)

98873N 107**

(CUSIP Number)

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

**

This CUSIP number was assigned to the American Depositary Shares (ADSs) of Yunji Inc. (the Issuer), which are quoted on the Nasdaq Global Market under the symbol YJ. Each ADS represents ten Class A ordinary shares, par value $0.000005 per share (Class A Ordinary Shares) of the Issuer.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 


  1    

  NAME OF REPORTING PERSON

 

  Li Yan

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Peoples Republic of China

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  271,832,540(1)

  6     

  SHARED VOTING POWER

 

  0

  7     

  SOLE DISPOSITIVE POWER

 

  271,832,540(1)

  8     

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  271,832,540

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   23.2% of Class A Ordinary Shares, or 12.8% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 2.5% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  IN

 

(1)

Represents (i) 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX Investment Limited, and (ii) 56,800,000 Class A Ordinary Shares held by Eastern Bell XII Investment Limited, each as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B ordinary shares, par value $0.000005 per share (Class B Ordinary Shares and together with Class A Ordinary Shares, Ordinary Shares) issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

2


  1    

  NAME OF REPORTING PERSON

 

  Eastern Bell XIX Investment Limited

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  British Virgin Islands

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  215,032,540(1)

  6     

  SHARED VOTING POWER

 

  0

  7     

  SOLE DISPOSITIVE POWER

 

  215,032,540(1)

  8     

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  215,032,540

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   18.3% of Class A Ordinary Shares, or 10.1% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 2.0% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  CO

 

(1)

Represents 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX Investment Limited, as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

3


  1    

  NAME OF REPORTING PERSON

 

  Eastern Bell XII Investment Limited

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  British Virgin Islands

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  56,800,000(1)

  6     

  SHARED VOTING POWER

 

  0

  7     

  SOLE DISPOSITIVE POWER

 

  56,800,000(1)

  8     

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  56,800,000

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   4.8% of Class A Ordinary Shares, or 2.7% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 0.5% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  CO

 

(1)

Represents 56,800,000 Class A Ordinary Shares held by Eastern Bell XII Investment Limited, as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

4


  1    

  NAME OF REPORTING PERSON

 

  Suzhou Zhongding No. 3 Venture Capital Center (Limited Partnership) (苏州钟鼎三号创业投资中心有限合伙)

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Peoples Republic of China

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  215,032,540(1)

  6     

  SHARED VOTING POWER

 

  0

  7     

  SOLE DISPOSITIVE POWER

 

  215,032,540(1)

  8     

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  215,032,540

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   18.3% of Class A Ordinary Shares, or 10.1% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 2.0% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Represents 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX Investment Limited, as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

5


  1    

  NAME OF REPORTING PERSON

 

  Suzhou Zhongding No. 4 Venture Capital Center (Limited Partnership) (苏州钟鼎四号创业投资中心有限合伙)

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Peoples Republic of China

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  56,800,000(1)

  6     

  SHARED VOTING POWER

 

  0

  7     

  SOLE DISPOSITIVE POWER

 

  56,800,000(1)

  8     

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  56,800,000

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   4.8% of Class A Ordinary Shares, or 2.7% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 0.5% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Represents 56,800,000 Class A Ordinary Shares held by Eastern Bell XII Investment Limited, as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

6


  1    

  NAME OF REPORTING PERSON

 

  Shanghai Dingying Investment Management Center (Limited Partnership) (上海鼎迎投资管理中心有限合伙)

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Peoples Republic of China

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  0

  6     

  SHARED VOTING POWER

 

  271,832,540(1)

  7     

  SOLE DISPOSITIVE POWER

 

  0

  8     

  SHARED DISPOSITIVE POWER

 

  271,832,540(1)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  271,832,540

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   23.2% of Class A Ordinary Shares, or 12.8% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 2.5% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Represents (i) 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX Investment Limited, and (ii) 56,800,000 Class A Ordinary Shares held by Eastern Bell XII Investment Limited, each as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

7


  1    

  NAME OF REPORTING PERSON

 

  Suzhou Zhongding Hengtang Equity Investment Management Center (Limited Partnership)

  ( 苏州钟鼎恒棠股权投资管理中心有限合伙)

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Peoples Republic of China

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  0

  6     

  SHARED VOTING POWER

 

  215,032,540(1)

  7     

  SOLE DISPOSITIVE POWER

 

  0

  8     

  SHARED DISPOSITIVE POWER

 

  215,032,540(1)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  215,032,540

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   18.3% of Class A Ordinary Shares, or 10.1% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 2.0% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Represents 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX Investment Limited, as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

8


  1    

  NAME OF REPORTING PERSON

 

  Shanghai Zhongding Investment Center (Limited Partnership) (上海钟鼎创业投资中心有限合伙)

  2    

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3    

  SEC USE ONLY

 

  4    

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Peoples Republic of China

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  0

  6     

  SHARED VOTING POWER

 

  56,800,000(1)

  7     

  SOLE DISPOSITIVE POWER

 

  0

  8     

  SHARED DISPOSITIVE POWER

 

  56,800,000(1)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  56,800,000

10    

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11    

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

   4.8% of Class A Ordinary Shares, or 2.7% of all Ordinary Shares(2)

  The voting power of the shares beneficially owned represent 0.5% of the total outstanding voting power.

12    

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Represents 56,800,000 Class A Ordinary Shares held by Eastern Bell XII Investment Limited, as further disclosed in Item 4.

(2)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, 2020, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020.

 

9


ITEM 1.

 

  (a)

Name of Issuer:

Yunji Inc. (the Issuer)

 

  (b)

Address of Issuers Principal Executive Offices:

15/F, South Building, Hipark Phase 2

Xiaoshan District, Hangzhou 310000, Zhejiang Province

Peoples Republic of China

 

ITEM 2.

 

  (a)

Name of Person Filing:

(i) Li Yan

(ii) Eastern Bell XIX Investment Limited

(iii) Eastern Bell XII Investment Limited

(iv) Suzhou Zhongding No. 3 Venture Capital Center (Limited Partnership) (苏州钟鼎三号创业投资中心有限合伙)

(v) Suzhou Zhongding No. 4 Venture Capital Center (Limited Partnership) (苏州钟鼎四号创业投资中心有限合伙)

(vi) Shanghai Dingying Investment Management Center (Limited Partnership) (上海鼎迎投资管理中心有限合伙)

(vii) Suzhou Zhongding Hengtang Equity Investment Management Center (Limited Partnership) (苏州钟鼎恒棠股权投资管理中心有限合伙)

(viii) Shanghai Zhongding Investment Center (Limited Partnership) (上海钟鼎创业投资中心有限合伙) (collectively, the Reporting Persons)

 

  (b)

Address of Principal Office:

Each of the Reporting PersonsRoom A, 7/F, No. 1777, Century Avenue, Pudong New District, Shanghai 200122, Peoples Republic of China

 

  (c)

Citizenship:

Each of Eastern Bell XIX Investment Limited and Eastern Bell XII Investment LimitedBritish Virgin Islands

Each of the other Reporting PersonsPeoples Republic of China

 

10


  (d)

Title of Class of Securities:

Class A ordinary shares, par value $0.000005 per share, of the Issuer (Class A Ordinary Shares), represented by the American Depositary Shares (ADSs) of the Issuer.

The Issuers ordinary shares consist of Class A Ordinary Shares and Class B ordinary shares, par value of $0.000005 per share (Class B Ordinary Shares and together with Class A Ordinary Shares, Ordinary Shares). Holders of Class A Ordinary Shares and Class B Ordinary Shares have the same rights except for voting and conversion rights. Each Class B Ordinary Share is convertible at the option of the holder at any time into one Class A Ordinary Share. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance. Each Class B Ordinary Share is entitled to ten votes per share, whereas each Class A Ordinary Share is entitled to one vote per share.

 

  (e)

CUSIP Number:

98873N 107.

This CUSIP number was assigned to the ADSs of the Issuer. Each ADS represents ten Class A Ordinary Shares.

 

ITEM 3.

If This Statement Is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

Not applicable.

 

ITEM 4.

Ownership

 

Reporting Person

   Amount
beneficially

owned
    Percent
of
class(7)
    Percent
of
aggregate
voting
power(8)
    Sole power to
vote or direct
the vote
    Shared power
to vote or
direct the vote
    Sole power to
dispose or to
direct the
disposition of
    Shared power
to dispose or
to direct the
disposition of
 

Li Yan

     271,832,540 (1)      23.2 %(4)      2.5     271,832,540 (1)      0       271,832,540 (1)      0  

Eastern Bell XIX

     215,032,540 (2)      18.3 %(5)      2.0     215,032,540 (2)      0       215,032,540 (2)      0  

Eastern Bell XII

     56,800,000 (3)      4.8 %(6)      0.5     56,800,000 (3)      0       56,800,000 (3)      0  

Suzhou Zhongding No. 3

     215,032,540 (2)      18.3 %(5)      2.0     215,032,540 (2)      0       215,032,540 (2)      0  

Suzhou Zhongding No. 4

     56,800,000 (3)      4.8 %(6)      0.5     56,800,000 (3)      0       56,800,000 (3)      0  

Shanghai Dingying

     271,832,540 (1)      23.2 %(4)      2.5     0       271,832,540 (1)      0       271,832,540 (1) 

Suzhou Zhongding Hengtang

     215,032,540 (2)      18.3 %(5)      2.0     0       215,032,540 (2)      0       215,032,540 (2) 

Shanghai Zhongding

     56,800,000 (3)      4.8 %(6)      0.5     0       56,800,000 (3)      0       56,800,000 (3) 

 

11


 

(1)

Represents (i) 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX Investment Limited (Eastern Bell XIX), a company incorporated in the British Virgin Islands, or the BVI, as further disclosed in in note (2) below, and (ii) 56,800,000 Class A Ordinary Shares held by Eastern Bell XII Investment Limited (Eastern Bell XII), a company incorporated in the BVI, as further disclosed in note (3) below.

(2)

Represents 215,032,540 Class A Ordinary Shares held by Eastern Bell XIX. The registered address of Eastern Bell XIX is Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI. Eastern Bell XIX is wholly-owned by Suzhou Zhongding No. 3 Venture Capital Center (Limited Partnership) (苏州钟鼎三号创业投资中心有限合伙) (Suzhou Zhongding No. 3), whose general partners are Shanghai Dingying Investment Management Center (Limited Partnership) (上海鼎迎投资管理中心有限合伙) (Shanghai Dingying) and Suzhou Zhongding Hengtang Equity Investment Management Center (Limited Partnership) (苏州钟鼎恒棠股权投资管理中心有限合伙) (Suzhou Zhongding Hengtang), each of which is ultimately controlled by Mr. Li Yan. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, each of Suzhou Zhongding No. 3, Shanghai Dingying, Suzhou Zhongding Hengtang and Mr. Li Yan may be deemed to beneficially own all of the shares of the Issuer owned by Eastern Bell XIX.

(3)

Represents 56,800,000 Class A Ordinary Shares held by Eastern Bell XII. The registered address of Eastern Bell XII is Trinity Chambers, P.O. Box 4301, Road Town, Tortola, BVI. Eastern Bell XII is wholly-owned by Suzhou Zhongding No. 4 Venture Capital Center (Limited Partnership) (苏州钟鼎四号创业投资中心有限合伙) (Suzhou Zhongding No. 4), whose general partners are Shanghai Dingying and Shanghai Zhongding Investment Center (Limited Partnership) (上海钟鼎创业投资中心有限合伙) (Shanghai Zhongding), each of which is ultimately controlled by Mr. Li Yan. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, each of Suzhou Zhongding No. 4, Shanghai Dingying, Shanghai Zhongding and Mr. Li Yan may be deemed to beneficially own all of the shares of the Issuer owned by Eastern Bell XII.

(4)

23.2% of Class A Ordinary Shares, or 12.8% of all Ordinary Shares.

(5)

18.3% of Class A Ordinary Shares, or 10.1% of all Ordinary Shares.

(6)

4.8% of Class A Ordinary Shares, or 2.7% of all Ordinary Shares.

(7)

Calculated based on 1,173,204,162 Class A Ordinary Shares and 949,960,000 Class B Ordinary Shares issued and outstanding as of February 29, as set forth in the Issuers annual report on Form 20-F filed on April 24, 2020. Each Class B Ordinary Share is convertible at the option of the holder at any time into one Class A Ordinary Share. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance.

(8)

The percentage of aggregate voting power beneficially owned by each Reporting Person is calculated by dividing the voting power beneficially owned by such Reporting Person by the voting power of all of Class A Ordinary Shares and Class B Ordinary Shares as a single class. Each Class B Ordinary Share is entitled to ten votes per share, whereas each Class A Ordinary Share is entitled to one vote per share.

 

ITEM 5.

Ownership of Five Percent or Less of a Class

Not applicable.

 

ITEM 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

 

12


ITEM 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

 

ITEM 8.

Identification and Classification of Members of the Group

Not applicable.

 

ITEM 9.

Notice of Dissolution of the Group

Not applicable.

 

ITEM 10.

Certification

Not applicable.

 

 

13


SIGNATURE

After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: June 10, 2020

 

Li Yan
By:  

/s/ Li Yan

Name:   Li Yan
Eastern Bell XIX Investment Limited
By:  

/s/ Yanhua Sun

Name:   Yanhua Sun
Title:   Director
Eastern Bell XII Investment Limited
By:  

/s/ Junping Yin

Name:   Junping Yin
Title:   Director
Suzhou Zhongding No. 3 Venture Capital Center (Limited Partnership) (苏州钟鼎三号创业投资中心有限合伙)
By:  

/s/ Junping Yin

Name:   Junping Yin
Title:   Authorized Signatory
Suzhou Zhongding No. 4 Venture Capital Center (Limited Partnership) (苏州钟鼎四号创业投资中心有限合伙)
By:  

/s/ Yingchun Zhu

Name:   Yingchun Zhu
Title:   Authorized Signatory

Shanghai Dingying Investment Management Center (Limited Partnership) (上海鼎迎投资管理中心(有限合伙))
By:  

/s/ Li Yan

Name:   Li Yan
Title:   Authorized Signatory
Suzhou Zhongding Hengtang Equity Investment Management Center (Limited Partnership) ( 苏州钟鼎恒棠股权投资管理中心(有限合伙))
By:  

/s/ Li Yan

Name:   Li Yan
Title:   Authorized Signatory
Shanghai Zhongding Investment Center (Limited Partnership) (上海钟鼎创业投资中心(有限合伙))
By:  

/s/ Tao Tang

Name:   Tao Tang
Title:   Authorized Signatory

LIST OF EXHIBITS

TO SCHEDULE 13G

 

Exhibit No.

  

Description

A    Joint Filing Agreement