Highest Performances Holdings INC Schedule 13D activist filings

WJ Management Company Limited, wholly owned by Dejun Yu, has disposed of a substantial portion of its Class A Ordinary Shares in Maase Inc., reducing its beneficial ownership to 14.57%.

Golden Brighter Limited, a major shareholder in Maase Inc., has disposed of over 18.6 million Class A ordinary shares.

Golden Brighter Limited and Baron Ren disclose a reduction in their beneficial ownership of Maase Inc. Class A Ordinary Shares to 19.10% following recent share disposals.

Arts Wing Limited, wholly owned by Robert Liu, has amended its Schedule 13D filing to report beneficial ownership of 78,564,455 Class A ordinary shares in Maase Inc., representing 17.77% of the outstanding shares.

WJ Management and Dejun Yu's beneficial ownership in Maase Inc. decreased to 23.41% following the Issuer's recent share issuance.

Golden Brighter Limited and Baron Ren's beneficial ownership in Maase Inc. decreased to 26.23% due to the issuance of new Class A Ordinary Shares by the company.

Arts Wing Limited and Robert Liu's beneficial ownership in Maase Inc. decreased to 25.97% due to the issuance of new Class A Ordinary Shares by the company.

Maase Inc.'s beneficial ownership in AIFU Inc. has been diluted to approximately 1.33% following AIFU Inc.'s recent issuance of over 102 million Class A ordinary shares for an acquisition.

Yinan Hu divests his stake in Maase Inc. through Sea Synergy, transferring control to Jianguo Cheng and Wei Yang, who now hold 1.39% of Class A shares.

WJ Management Company Limited, controlled by Dejun Yu, sold 10 million Class A Ordinary Shares of Maase Inc. for $20 million, reducing its stake to 25.96%.

Maase Inc.'s beneficial ownership and voting power in AIFU INC. significantly decreased following AIFU's issuance of 5 million Class B ordinary shares to a third party.

Arts Wing Limited and Robert Liu have disclosed a 28.80% beneficial ownership stake in Maase Inc. following an acquisition transaction.

Equality Group Ltd. and Hongyu Wang have disclosed a 0.35% beneficial ownership stake in Maase Inc., representing 11.34% of voting power, following recent corporate actions by Maase Inc.

Golden Brighter Limited and Baron Ren have disclosed a 29.10% beneficial ownership stake in Maase Inc., acquired through share consideration in two recent acquisitions.

WJ Management Company Limited and Dejun Yu jointly report beneficial ownership of 29.10% of Maase Inc.'s ordinary shares following recent acquisition-related share issuances.

Moonlit Group Ltd. and Katherine Wang report a 1.74% beneficial ownership in Maase Inc., holding 56.70% of the total voting power following recent corporate actions.

Maase Inc. filed an amended Schedule 13D, reporting a 10.35% beneficial ownership in AIFU INC. following a 1-for-400 reverse share split and a significant share issuance by AIFU.

Yinan Hu and his entities, Sea Synergy Limited and Summer Day Limited, disclosed a 2.00% beneficial ownership stake in Maase Inc. following recent corporate transactions.

Moonlit Group Ltd. and Katherine Wang have filed an amended Schedule 13D, disclosing a 2.51% beneficial ownership in Maase Inc., representing 63.00% of the voting power.

Equality Group Ltd. and Hongyu Wang have filed an amended Schedule 13D, disclosing a 0.50% beneficial ownership stake in Maase Inc., representing 12.60% of voting power.

WJ Management Company Limited and Dejun Yu have acquired a 41.95% beneficial ownership in Maase Inc. through a share-based acquisition of Carve Group Ltd.

Golden Brighter Limited and Baron Ren disclose a 41.95% beneficial ownership stake in Maase Inc. following an equity-based acquisition.

Highest Performances Holdings Inc. has significantly reduced its beneficial ownership in AIFU INC. to 30.45% through a series of open market and private share sales in May 2025.

Yinan Hu and affiliated entities, Sea Synergy Limited and Summer Day Limited, have converted 400 million Class B ordinary shares into Class A shares of Highest Performances Holdings Inc. and subsequently sold a portion, significantly reducing their voting power while maintaining a substantial equity stake.

Equality Group Ltd. and its sole director, Hongyu Wang, have filed an amended Schedule 13D disclosing a 7.29% beneficial ownership stake, representing 100,100,000 shares and 16.45% voting power, in Highest Performances Holdings Inc. for investment purposes.

Moonlit Group Ltd and its sole owner Katherine Wang have filed an amended Schedule 13D, revealing beneficial ownership of 36.43% of Highest Performances Holdings Inc.'s total ordinary shares, representing 82.27% of the aggregate voting power, primarily through Class B shares.

Moonlit Group Ltd, wholly owned by Katherine Wang, has acquired 500 million Class B ordinary shares of Highest Performances Holdings Inc. for $500,000, establishing a 36.43% beneficial ownership and 49.81% of the total voting power.

Equality Group Ltd. and its sole director, Hongyu Wang, have disclosed a 7.29% beneficial ownership stake, representing 9.96% of voting power, in Highest Performances Holdings Inc. through a recent share subscription.

Highest Performances Holdings Inc. has completed the acquisition of 510 million Class B ordinary shares of AIX INC., increasing its beneficial ownership to 51.67% and securing 51.01% of the voting power, making it the controlling shareholder.

Highest Performances Holdings Inc.'s CEO, Yinan Hu, through his entities Sea Synergy Limited and Summer Day Limited, has increased his beneficial ownership to 36.05% of the company's ordinary shares, representing 39.95% of the total voting power, via a $400,000 share subscription.