SCHEDULE 13G/A: Key Investors Disclose Significant Stake in Baosheng Media Group Holdings Ltd

An amendment to a Schedule 13G filing reveals that PBCY Investment Limited and its parent entities, Pubang Landscape Architecture (HK) Co., Ltd. and Pubang Landscape Architecture Co., Ltd., collectively hold a significant beneficial ownership in Baosheng Media Group Holdings Ltd.

Summary

• PBCY Investment Limited, a British Virgin Islands company, beneficially owns an aggregate of 213,811 ordinary shares of Baosheng Media Group Holdings Ltd, representing 13.93% of the class.
• Of these, 57,561 shares are held directly by PBCY Investment Limited with sole voting and dispositive power.
• An additional 156,250 shares are held of record by PBCY Investment Limited, but are beneficially owned by Pubang Landscape Architecture (HK) Co., Ltd. (10.18% of class) and Pubang Landscape Architecture Co., Ltd. (10.18% of class) through their ownership structure.
• Pubang Landscape Architecture (HK) Co., Ltd., a Hong Kong entity, indirectly owns 156,250 shares through its 86.35% ownership of PBCY Investment Limited.
• Pubang Landscape Architecture Co., Ltd., a Chinese company, indirectly owns 156,250 shares through its wholly-owned subsidiary, Pubang Landscape Architecture (HK) Co., Ltd., which in turn owns through PBCY Investment Limited.
• The beneficial ownership percentages are calculated based on 1,534,487 ordinary shares of Baosheng Media Group Holdings Ltd issued and outstanding as of December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing beneficial ownership, which is neutral in sentiment. It provides transparency but does not inherently convey positive or negative news about the company's performance or prospects.

Risks

• Concentration of ownership: A significant portion of the company's shares are held by a small group of related entities, which could influence corporate decisions and potentially limit the influence of other shareholders.

Future Outlook

NA

Industry Context

This Schedule 13G/A filing is a standard regulatory disclosure required by the U.S. Securities and Exchange Commission (SEC) when an entity acquires beneficial ownership of more than 5% of a class of a company's voting equity securities. It provides transparency regarding significant ownership stakes, which can be relevant for understanding control, potential strategic interests, and investor influence within a publicly traded company.

Comparison to Industry Standards

• The filing adheres to the standard SEC disclosure requirements for beneficial ownership exceeding 5%, as mandated by Rule 13d-1(c) of the Securities Exchange Act of 1934.
• The detailed breakdown of sole and shared voting/dispositive power, along with the hierarchical ownership structure, provides the transparency expected in such filings, aligning with best practices for investor information.

Related Party Transactions

• The filing details an indirect ownership structure where Pubang Landscape Architecture Co., Ltd. (PRC) wholly owns Pubang Landscape Architecture (HK) Co., Ltd. (Hong Kong), which in turn owns 86.35% of PBCY Investment Limited (British Virgin Islands). This establishes a clear related-party ownership chain for the disclosed beneficial shares.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes, which can influence corporate control and strategic direction.
• Regulatory Authorities: Fulfills SEC disclosure requirements, ensuring compliance and market transparency.

Key Dates

Keywords

Baosheng Media Group Holdings Ltd, PBCY Investment Limited, Pubang Landscape Architecture (HK) Co., Ltd., Pubang Landscape Architecture Co., Ltd., Beneficial Ownership, Schedule 13G, SEC Filing, Ordinary Shares, Shareholding, Corporate Governance