SCHEDULE 13G/A: Worldwide Success Group and YU Haifeng Amend Stake in Highest Performances Holdings, Disclosing 1.32% Ownership
Beneficial Ownership Report
Worldwide Success Group Limited and YU Haifeng have filed an amended Schedule 13G, revealing a beneficial ownership of 1.32% in Highest Performances Holdings Inc.'s Class A Ordinary Shares.
Summary
- Worldwide Success Group Limited and YU Haifeng have filed an Amendment No. 2 to their Schedule 13G regarding their beneficial ownership in Highest Performances Holdings Inc.
- The filing indicates that Worldwide Success Group Limited and YU Haifeng collectively beneficially own 18,111,000 Class A ordinary shares of Highest Performances Holdings Inc.
- This ownership represents 1.32% of the total ordinary shares outstanding, calculated based on 1,372,547,538 ordinary shares (comprising 372,547,538 Class A and 1,000,000,000 Class B) as of January 2, 2025.
- Worldwide Success Group Limited, a British Virgin Islands company, is wholly owned by YU Haifeng, a citizen of the People's Republic of China.
- Both reporting persons share voting and dispositive power over the 18,111,000 shares.
- The percentage of aggregate voting power for each reporting person is 0.02%, considering the different voting rights of Class A (1 vote) and Class B (100 votes) ordinary shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or forward-looking statements that would indicate a positive or negative sentiment. It is neutral in tone.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership, which provides transparency regarding significant shareholdings in publicly traded companies. It does not offer insights into broader industry trends or competitive dynamics, but rather details a specific investor's stake.
Related Party Transactions
- Worldwide Success Group Limited is wholly owned by YU Haifeng, and both are reporting persons in this filing, indicating a direct related-party ownership structure.
Stakeholder Impact
- Shareholders: Provides transparency regarding the ownership structure and the identity of a significant, albeit non-controlling, shareholder group.
Key Dates
| Date | Description |
|---|---|
| 10/04/2024 | Date of event which requires filing of this statement |
| 01/02/2025 | Date as of which the total outstanding ordinary shares of the Issuer were recorded for percentage calculation |
| 02/14/2025 | Date of signing for the Schedule 13G Amendment No. 2 |
Keywords
Highest Performances Holdings Inc., Worldwide Success Group Limited, YU Haifeng, Schedule 13G, Beneficial Ownership, Class A Ordinary Shares, SEC Filing, Shareholding Disclosure, Investment, Corporate Governance
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