Sec Form 13D Filing - Xi Zeng filing for Fangdd Network Group Ltd. (DUO) - 2024-12-16

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

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 (“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).






SCHEDULE 13D



Comment for Type of Reporting Person:
Represents one Class A ordinary share, 28,693 Class B ordinary shares and 15,159 Class C ordinary shares directly held by ZX INTERNATIONAL LTD, a British Virgin Islands company, which is wholly owned by Mr. Xi Zeng.Calculated based on the number in Row 11 above divided by 35,766,573 outstanding ordinary shares of the Issuer as a single class, being the sum of (i) 35,664,228 outstanding Class A ordinary shares, (ii) 87,186 outstanding Class B ordinary shares, and (iii) 15,159 outstanding Class C ordinary shares, as of the date of this Schedule 13D. Holders of Class A ordinary shares, Class B ordinary shares and Class C ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote, whereas (x) each Class B ordinary share is entitled to ten votes and is convertible into one Class A ordinary share at any time by the holder thereof and (y) each Class C ordinary share is entitled to 10,000 votes and is convertible into one Class A ordinary share at any time by the holder thereof. Class A ordinary shares are not convertible into Class B ordinary shares or Class C ordinary shares under any circumstances. Accordingly, ordinary shares beneficially owned by Mr. Xi Zeng represent approximately 80.7 percent of the aggregate voting power of the total outstanding ordinary shares of the Issuer.


SCHEDULE 13D



Comment for Type of Reporting Person:
Represents one Class A ordinary share, 28,693 Class B ordinary shares and 15,159 Class C ordinary shares directly held by ZX INTERNATIONAL LTD, a British Virgin Islands company.Calculated based on the number in Row 11 above divided by 35,766,573 outstanding ordinary shares of the Issuer as a single class, being the sum of (i) 35,664,228 outstanding Class A ordinary shares, (ii) 87,186 outstanding Class B ordinary shares, and (iii) 15,159 outstanding Class C ordinary shares, as of the date of this Schedule 13D. Holders of Class A ordinary shares, Class B ordinary shares and Class C ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote, whereas (x) each Class B ordinary share is entitled to ten votes and is convertible into one Class A ordinary share at any time by the holder thereof and (y) each Class C ordinary share is entitled to 10,000 votes and is convertible into one Class A ordinary share at any time by the holder thereof. Class A ordinary shares are not convertible into Class B ordinary shares or Class C ordinary shares under any circumstances. Accordingly, ordinary shares beneficially owned by ZX INTERNATIONAL LTD represent approximately 80.7 percent of the aggregate voting power of the total outstanding ordinary shares of the Issuer.


SCHEDULE 13D

 
Xi Zeng
 
Signature:/s/ Xi Zeng
Name/Title:Xi Zeng
Date:12/16/2024
 
ZX INTERNATIONAL LTD
 
Signature:/s/ Xi Zeng
Name/Title:Xi Zeng/Director
Date:12/16/2024
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