Filing Details
- Accession Number:
- 0001104659-18-007396
- Form Type:
- 13G Filing
- Publication Date:
- 2018-02-08 06:11:48
- Filed By:
- Chen Wenbin
- Company:
- Yintech Investment Holdings Ltd
- Filing Date:
- 2018-02-08
- SEC Url:
- 13G Filing
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 |
---|---|---|---|---|---|---|
Wenbin Chen | 401,749,920 | 0 | 401,749,920 | 0 | 401,749,920 | 28.7% |
Coreworth Investments Limited | 400,000,000 | 0 | 400,000,000 | 0 | 400,000,000 | 28.6% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1 )*
Yintech Investment Holdings Limited
(Name of Issuer)
Ordinary Shares, par value $0.00001(1)
(Title of Class of Securities)
98585M108(2)
(CUSIP Number)
December 31, 2017
(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 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).
* This is an amendment to that certain Schedule 13G filed on February 14, 2017, which is available on EDGAR under File/Film Number: 005-89642, 17602151 (the Original 13G). This amendment restates the entire text of the Original 13G, as required by Rule 13d-2 of the Act, and includes updates to Item 4 as a result of certain share options that may be exercised in exchange for American Depositary Shares (ADS) that are convertible into Ordinary Shares, which have vested to, but have not been exercised by, Wenbin Chen between the date of the Original 13G and December 31, 2017.
(1) Some of the holdings reported herein are in the form of ADS, which may be exchanged for ordinary shares of the Issuer, par value $0.00001 (Ordinary Shares) at a 1:20 ratio.
(2) The CUSIP Number listed throughout this filing is the CUSIP assigned to the ADS of the Issuer.
CUSIP No. 98585M108 | 13G |
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| 1. | Names of Reporting Persons | |||||
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
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| (a) | o | ||||
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| (b) | o | ||||
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| 3. | SEC Use Only | |||||
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| 4. | Citizenship or Place of Organization | |||||
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Number of | 5. | Sole Voting Power | |||||
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6. | Shared Voting Power | ||||||
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7. | Sole Dispositive Power | ||||||
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8. | Shared Dispositive Power | ||||||
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| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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| 11. | Percent of Class Represented by Amount in Row (9) | |||||
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| 12. | Type of Reporting Person (See Instructions) | |||||
(3) Based on 400,000,000 Ordinary Shares owned by Coreworth Investments Limited as of the date of the Original 13G and certain exercisable share options granted to Wenbin Chen. Between the date of the Original 13G and December 31, 2017, Wenbin Chen was vested with certain share options that can be converted into 87,496 ADS, which are equivalent to 1,749,920 Ordinary Shares of the Issuer. Wenbin Chen has not exercised any of the rights associated with the aforementioned share options. Wenbin Chen is the sole shareholder of Coreworth Investments Limited and thus has the sole voting and dispositive power over the Ordinary Shares held by Coreworth Investments Limited.
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CUSIP No. 98585M108 | 13G |
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| 1. | Names of Reporting Persons | |||||
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
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| (a) | o | ||||
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| (b) | o | ||||
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| 3. | SEC Use Only | |||||
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| 4. | Citizenship or Place of Organization | |||||
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Number of | 5. | Sole Voting Power | |||||
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6. | Shared Voting Power | ||||||
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7. | Sole Dispositive Power | ||||||
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8. | Shared Dispositive Power | ||||||
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| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||||
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| 11. | Percent of Class Represented by Amount in Row (9) | |||||
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| 12. | Type of Reporting Person (See Instructions) | |||||
(4) Based on 400,000,000 Ordinary Shares owned by Coreworth Investments Limited as of the date of the Original 13G and December 31, 2017. Wenbin Chen is the sole shareholder of Coreworth Investments Limited and thus has the sole voting and dispositive power over the Ordinary Shares held by Coreworth Investments Limited.
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Item 1. | |||
| (a) | Name of Issuer: | |
| (b) | Address of the Issuers Principal Executive Offices: | |
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Item 2. | |||
| (a) | Name of Person Filing: Coreworth Investments Limited | |
| (b) | Address of Principal Business Office: 12th Floor, Block B, Zhenhua Enterprise Plaza, No. 3261 Dongfang Road, Pudong District, Shanghai, 200125, The People's Republic of China
Coreworth Investments Limited P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands | |
| (c) | Citizenship: Coreworth Investments Limited is organized under the laws of the British Virgin Islands | |
| (d) | Title of Class of Securities: | |
| (e) | CUSIP Number: | |
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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: | ||
| (a) | o | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
| (b) | o | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | o | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
| (d) | o | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
| (e) | o | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| (f) | o | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
| (g) | o | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
| (h) | o | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
| (i) | o | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); |
| (j) | o | A non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J); |
| (k) | o | Group, in accordance with § 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d1(b)(1)(ii)(J), please specify the type of institution:____________________________ |
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| Not applicable. |
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Item 4. | Ownership. | ||
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | |||
| (a) | Amount beneficially owned: The following information with respect to the ownership of the Ordinary Shares of the Issuer by each of the Reporting Persons is provided as of December 31, 2017. The percentage of Ordinary Shares beneficially owned by each Reporting Person is based on a total of 1,398, 224,000 Ordinary Shares of the Issuer outstanding as of September 30, 2017, as reported in the Issuer's most recent Form 6-K filed on November 29, 2017.
Coreworth Investments Limited, a company incorporated under the laws of the British Virgin Islands, holds 400,000,000 Ordinary Shares. Between the date of the Original 13G and December 31, 2017, Wenbin Chen was vested with certain share options that can be converted into 87,496 ADS, which are equivalent to 1,749,920 Ordinary Shares of the Issuer. Wenbin Chen has not exercised any of the rights associated with the aforementioned share options. Wenbin Chen is the sole shareholder of Coreworth Investments Limited and thus has the sole voting and dispositive power over the Ordinary Shares held by Coreworth Investments Limited. Wenbin Chen does not directly own any Ordinary Shares of the Issuer as of December 31, 2017, and except as disclosed herein, does not have any right to acquire Ordinary Shares within 60 days from December 31, 2017, including through exercise of any option, warrant or right. | |
| (b) | Percent of class: See Row 11 of the cover page for each Reporting Person. | |
| (c) | Number of shares as to which the person has:
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| (i) | Sole power to vote or to direct the vote: See Row 5 of the cover page for each Reporting Person. |
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| (ii) | Shared power to vote or to direct the vote: 0 |
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| (iii) | Sole power to dispose or to direct the disposition of: See Row 7 of the cover page for each Reporting Person. |
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| (iv) | Shared power to dispose or to direct the disposition of: 0 |
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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 5 percent of the class of securities, check the following o. | |||
| Not applicable. | ||
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Item 6. | Ownership of More than Five Percent on Behalf of Another Person. | ||
| Not applicable. | ||
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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. | ||
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Item 8. | Identification and Classification of Members of the Group. | ||
| Not applicable. | ||
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Item 9. | Notice of Dissolution of Group. | ||
| Not applicable. | ||
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Item 10. | Certifications. | ||
| Not applicable. |
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SIGNATURES
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.
Dated: February 8, 2018 |
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| WENBIN CHEN | |
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| By: | /s/ Wenbin Chen |
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| Name: Wenbin Chen |
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| COREWORTH INVESTMENTS LIMITED | |
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| By: | /s/ Wenbin Chen |
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| Name: Wenbin Chen |
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| Title: Authorized Signatory |
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