SCHEDULE 13G: OLP Capital Management and Principals Disclose 6.37% Passive Stake in Atour Lifestyle Holdings
Beneficial Ownership Report
OLP Capital Management Ltd, along with its principals Di Fan Shen and Richard Li, have disclosed a passive beneficial ownership of 6.37% in Atour Lifestyle Holdings Ltd, as reported in a recent Schedule 13G filing.
Summary
- OLP Capital Management Ltd, a Hong Kong private company, and its principals, Di Fan Shen and Richard Li (both Canadian citizens), jointly reported beneficial ownership of Atour Lifestyle Holdings Ltd.
- The reporting persons collectively own 21,607,185 Class A ordinary shares of Atour Lifestyle Holdings Ltd.
- This ownership represents 6.37% of the Class A ordinary shares outstanding.
- The 21,607,185 Class A ordinary shares are represented by 7,202,395 American Depositary Shares (ADSs), with each ADS representing three ordinary shares.
- The percentage of ownership is based on 339,104,792 Ordinary Shares outstanding as of June 12, 2024, according to a 424B5 filing by the Issuer.
- The shares are held with sole voting and sole dispositive power by each of the reporting persons.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual regulatory disclosure of beneficial ownership and does not convey positive or negative sentiment beyond the routine nature of such filings.
Future Outlook
The document does not contain any forward-looking statements or guidance.
Industry Context
This filing indicates a significant passive investment in Atour Lifestyle Holdings Ltd, a company operating in the hotel and lifestyle industry. Such disclosures provide transparency regarding major shareholders, which is a standard aspect of public market operations.
Stakeholder Impact
- Shareholders are informed of a significant passive stake held by OLP Capital Management Ltd and its principals, providing transparency regarding the company's ownership structure.
Key Dates
| Date | Description |
|---|---|
| 2024-06-12 | Date as of which 339,104,792 Ordinary Shares outstanding were reported by the Issuer in a 424B5 filing. |
| 2024-12-31 | Date of event which required the filing of this statement (reporting period end). |
| 2025-02-14 | Date of filing and signature by reporting persons. |
Keywords
Atour Lifestyle Holdings, OLP Capital Management, Beneficial Ownership, Schedule 13G, Institutional Investment, Class A Ordinary Shares, ADSs, Passive Investment, Hotel Industry
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