SCHEDULE: Chagee Holdings: Boyu Hu Group Discloses 28.44% Stake

A Schedule 13G filing reveals that Boyu Hu and affiliated entities collectively hold a 28.44% beneficial ownership in Chagee Holdings Limited's Class A ordinary shares.

Summary

• Boyu Hu and a group of affiliated entities, including XVC Fund II LP, XVC SSF II LP, XVC Management Ltd., Qanttea LP, Youth Power Limited, Ningbo Meishan Bonded Port Area Ecksi Solution Investment Partnership (Limited Partnership), and Putian Aikesi Coordinate Investment Partnership (Limited Partnership), have filed a Schedule 13G.
• The filing indicates that Boyu Hu, through direct and indirect control, beneficially owns 34,265,303 Class A ordinary shares of Chagee Holdings Limited.
• This aggregate ownership represents 28.44% of the outstanding Class A ordinary shares.
• Based on the total outstanding ordinary shares (185,752,490, comprising 120,478,383 Class A and 65,274,107 Class B shares), Boyu Hu's beneficial ownership accounts for 18.45% of the total ordinary shares.
• Considering the voting structure where Class A shares have one vote and Class B shares have ten votes, Boyu Hu's beneficial ownership represents approximately 4.43% of the aggregate voting power of the total issued and outstanding ordinary shares.
• XVC Management Ltd., which controls XVC Fund II LP and XVC SSF II LP, collectively holds 23,237,019 Class A shares, representing 19.29% of Class A shares and 3.01% of total voting power.
• Youth Power Limited, controlling Qanttea LP, holds 4,939,291 Class A shares, representing 4.10% of Class A shares and 0.64% of total voting power.
• Ningbo Meishan Bonded Port Area Ecksi Solution Investment Partnership (Limited Partnership) holds 4,644,404 Class A shares (3.85% of Class A, 0.60% of total voting power).
• Putian Aikesi Coordinate Investment Partnership (Limited Partnership) holds 1,444,589 Class A shares (1.20% of Class A, 0.19% of total voting power).

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It provides transparency regarding significant stakes but does not inherently convey positive or negative news about the company's operations or financial performance.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

This filing is a standard disclosure of significant beneficial ownership, common in the financial industry for transparency regarding large stakes held by individuals or investment groups in publicly traded companies. It does not provide specific industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes, which can influence perceptions of control and potential future strategic directions.
• Regulatory Bodies: Fulfills SEC disclosure requirements for beneficial ownership exceeding 5%.

Key Dates

Keywords

Chagee Holdings, Beneficial Ownership, Schedule 13G, Class A Shares, Voting Power, Institutional Investor, XVC Fund, Boyu Hu