Sec Form 13G Filing - Jinhou Sun filing for - 2025-02-07

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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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  (1) Consists of (i) 1,669,790 Class B Shares held by Hope Youxin Capital Ltd for which our director, Mr. Sun serves as director and is deemed to hold voting and dispositive power and (ii) 3,942,945 Class A Shares held by Youxin XHB Capital Ltd for which Jinhou Sun shares voting and dispositive power with Shaozhang Lin and Weizhao Feng as members of Hainan Youxin Small Partner Investment Partnership (Limited Partnership), the sole shareholder of Youxin XHB Capital Ltd. Shaozhang Lin, Jinshou Sun and Weizhao Feng share voting power by contractual arrangement.(2) The percentage of the class of securities is calculated by dividing the number of shares beneficially owned by the reporting person by all of the Issuer's issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024.(3) Represents 18.4% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the reporting person by the voting power beneficially owned by all of the Issuer's holders of Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Each Class A ordinary share is entitled to one vote per share and each Class B ordinary share is entitled to twenty votes per share on all matters submitted to the shareholders for a vote.


SCHEDULE 13G



Comment for Type of Reporting Person:  (1) Represents 1,669,790 Class B Shares held by Hope Youxin Captial Ltd. The address of Hope Youxin Captial Ltd is Start Chambers, Wickham's Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. Jinhou Sun, a director of Hope Youxin Captial Ltd is deemed to hold voting and dispositive power over the shares held by Hope Youxin Captial Ltd.(2) The percentage of the class of securities is calculated by dividing the number of shares beneficially owned by the reporting person by all of the Issuer's issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024.(3) Represents 16.41% of the total outstanding voting power. The percentage of voting power is calculated by dividing the voting power beneficially owned by the reporting person by the voting power beneficially owned by all of the Issuer's holders of Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2024. Each Class A ordinary share is entitled to one vote per share and each Class B ordinary share is entitled to twenty votes per share on all matters submitted to the shareholders for a vote.


SCHEDULE 13G


 
Jinhou Sun
 
Signature:/s/ Jinhou Sun
Name/Title:Jinhou Sun
Date:02/07/2025
 
Hope Youxin Capital Ltd
 
Signature:/s/ Jinhou Sun
Name/Title:Jinhou Sun/director
Date:02/07/2025
Exhibit Information

Joint Filing Agreement

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