SCHEDULE 13G/A: LEUNG Tan and HONG KONG GREATER POWER VENTURES Disclose 15.66% Stake in Golden Heaven Group Holdings

LEUNG Tan and HONG KONG GREATER POWER VENTURES LIMITED have jointly disclosed a beneficial ownership of 15.66% in Golden Heaven Group Holdings Ltd.'s Class A ordinary shares.

Summary

• LEUNG Tan and HONG KONG GREATER POWER VENTURES LIMITED collectively beneficially own 6,000,000 Class A ordinary shares of Golden Heaven Group Holdings Ltd.
• This aggregate ownership represents 15.66% of the issuer's Class A ordinary shares outstanding as of December 31, 2024.
• The total percentage is calculated based on 34,323,604 Class A ordinary shares issued and outstanding.
• The 6,000,000 shares consist of 2,000,000 Class A ordinary shares directly held by HONG KONG GREATER POWER VENTURES LIMITED.
• Additionally, 4,000,000 Class A ordinary shares are issuable to HONG KONG GREATER POWER VENTURES LIMITED upon the exercise of warrants within 60 days after December 31, 2024.
• LEUNG Tan is the sole owner (100%) of HONG KONG GREATER POWER VENTURES LIMITED, establishing a direct beneficial ownership link.
• The filing is an Amendment No. 2 to a Schedule 13G, indicating a passive investment intent under Rule 13d-1(c).

Sentiment

Score: 6

Explanation: The disclosure of a significant beneficial ownership stake by a single entity/individual is generally viewed as a neutral to slightly positive signal, indicating investor confidence without implying active management involvement or strategic changes.

Positives

• The disclosure of a significant beneficial ownership stake (15.66%) by LEUNG Tan and HONG KONG GREATER POWER VENTURES LIMITED may signal confidence from a substantial investor in Golden Heaven Group Holdings Ltd.
• The inclusion of 4,000,000 shares from warrant exercise indicates a potential future increase in the investor's direct equity stake, reinforcing long-term interest.

Risks

• The potential exercise of 4,000,000 warrants within 60 days after December 31, 2024, could lead to a slight dilution for existing shareholders, although this is already factored into the reported percentage.

Future Outlook

The reporting persons have the right to acquire an additional 4,000,000 Class A ordinary shares through warrant exercise within 60 days after December 31, 2024, indicating a potential increase in their direct equity stake in the near future.

Industry Context

This filing is a standard disclosure of a significant passive ownership stake in a publicly traded company. It reflects an investor's position rather than operational or strategic industry trends, but it does indicate continued investor interest in Golden Heaven Group Holdings Ltd.

Stakeholder Impact

• Shareholders: May view the significant stake as a positive indicator of investor confidence in the company's long-term prospects. The potential warrant exercise could lead to minor dilution but also signals commitment.

Next Steps

• Potential exercise of 4,000,000 warrants by HONG KONG GREATER POWER VENTURES LIMITED within 60 days after December 31, 2024, which would convert into Class A ordinary shares.

Key Dates

Keywords

Golden Heaven Group Holdings Ltd., LEUNG Tan, HONG KONG GREATER POWER VENTURES LIMITED, Beneficial Ownership, Schedule 13G, Class A ordinary shares, Warrants, Passive Investment, Equity Stake, Shareholding