Filing Details

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

     

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Weidai Ltd.

(Name of Issuer)

 

Class A Ordinary Shares, par value of US$0.000002

(Title of Class of Securities)

 

G9T19C 105

(CUSIP Number)

 

December 31, 2022

(Date of Event Which Requires Filing of this Statement)

 

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

o	Rule 13d-1(b)
o	Rule 13d-1(c)
x	Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s 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.

 

The information required in 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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP No. G9T19C 105
	1	Name of Reporting Persons Hakim Unique Technology Limited
	2	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)	o
		(b)	x
	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 4,849,630
	6	Shared Voting Power 0
	7	Sole Dispositive Power 4,849,630
	8	Shared Dispositive Power 0

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 4,849,630 Class A ordinary shares(1)
	10	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o
	11	Percent of Class Represented by Amount in Row (11) 6.9% (2)
	12	Type of Reporting Person (See Instructions) CO

  

⁽¹⁾ In the form of 969,926 American deposit shares (the “ADSs”).

 

⁽²⁾ This percentage is calculated based on 70,447,177 ordinary shares, comprised of 35,375,777 Class A ordinary shares and 35,071,400 Class B ordinary shares, reported as outstanding by Weidai Ltd. (the “Issuer”) as of December 31, 2022. Each ADS represents five Class A ordinary shares. Each Class B ordinary share is convertible at the option of the holder into one Class A ordinary share. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. The rights of the holders of Class A ordinary shares and Class B ordinary shares are identical, except with respect to conversion rights (noted above) and voting rights. Each Class B ordinary share is entitled to five votes per share, whereas each Class A ordinary share is entitled to one vote per share.

 

 

CUSIP No. G9T19C 105
	1	Name of Reporting Persons Strait Innovation Internet Co., Ltd.
	2	Check the Appropriate Box if a Member of a Group (See Instructions)
		(a)	o
		(b)	x
	3	SEC Use Only
	4	Citizenship or Place of Organization the People’s Republic of China

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 4,849,630
	6	Shared Voting Power 0
	7	Sole Dispositive Power 4,849,630
	8	Shared Dispositive Power 0

	9	Aggregate Amount Beneficially Owned by Each Reporting Person 4,849,630 Class A ordinary shares (3)
	10	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  o
	11	Percent of Class Represented by Amount in Row (11) 6.9% (4)
	12	Type of Reporting Person (See Instructions) CO

 

⁽³⁾ In the form of 969,926 ADSs.

 

⁽⁴⁾ This percentage is calculated based on 70,447,177 ordinary shares, comprised of 35,375,777 Class A ordinary shares and 35,071,400 Class B ordinary shares, reported as outstanding by the Issuer as of December 31, 2022. Each ADS represents five Class A ordinary shares. Each Class B ordinary share is convertible at the option of the holder into one Class A ordinary share. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. The rights of the holders of Class A ordinary shares and Class B ordinary shares are identical, except with respect to conversion rights (noted above) and voting rights. Each Class B ordinary share is entitled to five votes per share, whereas each Class A ordinary share is entitled to one vote per share.

 

 

Item 1.
	(a)	Name of Issuer: Weidai Ltd.
	(b)	Address of Issuer’s Principal Executive Offices: Hongxin Science and Technology Park, No. 668, Jianshe 3rd Road, Xiaoshan District, Hangzhou, Zhejiang Province, The People’s Republic of China
Item 2.
	(a)	Name of Person Filing: This Schedule 13G/A is jointly filed, pursuant to a Joint Filing Agreement attached hereto as Exhibit 99.1, by the following persons (collectively, the “Reporting Persons”):   Hakim Unique Technology Limited Strait Innovation Internet Co., Ltd.      Hakim Unique Technology Limited directly holds 4,849,630 Class A ordinary shares in the form of 969,926 ADSs of the Issuer. Hakim Unique Technology Limited is wholly-owned by Strait Innovation Internet Co., Ltd., which is a public company listed on the Shenzhen Stock Exchange.
	(b)	Address of Principal Business Office or, if none, Residence: The address of the principal business office of Hakim Unique Technology Limited is Craigmuir Chamers, Road Town, Tortola, VG 1110, British Virgin Islands.   The address of the principal business office of Strait Innovation Internet Co., Ltd. is 6/F, Tianji Building, No. 181 Tianmushan Road, Xihu District, Hangzhou, Zhejiang Province, the People’s Republic of China.
	(c)	Citizenship: Hakim Unique Technology Limited is an entity organized under the laws of the British Virgin Islands.   Strait Innovation Internet Co., Ltd. is an entity organized under the laws of the People’s republic of China.
	(d)	Title of Class of Securities: Class A ordinary shares, par value US$0.000002.
	(e)	CUSIP Number: G9T19C 105 *This CUSIP number applies to the Class A ordinary shares.  CUSIP number 94861A 207 applies to the ADSs of the Issuer, each representing five (5) 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.
	(a)	Amount beneficially owned:      See Item 9 of the respective cover page for the aggregate number of shares that are beneficially owned by each Reporting Person as of December 31, 2022.

	(b)	Percent of class:      See Item 11 of the respective cover page for the percentage of shares that are beneficially owned by each Reporting Person as of December 31, 2022.
	(c)	Number of shares as to which the person has:
		(i)	Sole power to vote or to direct the vote
		(ii)	Shared power to vote or to direct the vote
		(iii)	Sole power to dispose or to direct the disposition of
		(iv)	Shared power to dispose or to direct the disposition of      See Items 5 through 8 of the respective cover page for the number of shares that are beneficially owned by each Reporting Person as of December 31, 2022 as to which there is sole or shared power to vote or direct the vote, and sole or shared power to dispose or direct the disposition.
Item 5.	Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.   o
Item 6.	Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
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 Group.
Not applicable.

 

Item 10.	Certifications.
Not applicable

 

 

SIGNATURE

 

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

 

Date: February 9, 2023
Hakim Unique Technology Limited
By:	/s/ Yanan Wang
	Name:	Yanan Wang
	Title:	Director
Strait Innovation Internet Co., Ltd.
By:	/s/ Yang Cao
	Name:	Yang Cao
	Title:	Chairman

 

 

EXHIBIT INDEX

 

Exhibit No.		Description
99.1		Joint Filing Agreement, dated February 9, 2023, by and among Hakim Unique Technology Limited and Strait Innovation Internet Co., Ltd.