SCHEDULE 13G/A: GGV Capital Entities and Managing Directors Disclose 5.5% Stake in QuantaSing Group Limited

Sentiment:

Beneficial Ownership Statement


Multiple GGV Capital entities and their managing directors have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 5.5% of QuantaSing Group Limited's Class A ordinary shares as of March 31, 2025.

Summary

  • GGV Capital VI Entrepreneurs Fund L.P. and its general partner, GGV Capital VI Entrepreneurs Fund L.L.C., beneficially own 237,219 Class A ordinary shares of QuantaSing Group Limited, representing 0.2% of the class.
  • GGV Discovery I, L.P. and its general partner, GGV Discovery I L.L.C., beneficially own 5,498,838 Class A ordinary shares, representing 5.3% of the class.
  • Jixun Foo, Jenny Hong Wei Lee, Jeffrey Gordon Richards, Glenn Solomon, and Hans Tung, as Managing Directors of both GGV Capital VI Entrepreneurs Fund L.L.C. and GGV Discovery I L.L.C., each share beneficial ownership of 5,736,057 Class A ordinary shares, which represents 5.5% of the class.
  • The percentage of ownership is calculated based on 103,776,127 Class A ordinary shares outstanding as of June 30, 2024, as reported in QuantaSing Group Limited's Annual Report on Form 20-F filed on August 29, 2024.
  • The reporting persons explicitly disclaim status as a 'group' for the purposes of this Schedule 13G filing.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's operational or financial performance.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Disclosure of significant institutional ownership provides transparency regarding the company's ownership structure and may signal investor confidence from GGV Capital.

Key Dates

DateDescription
2024-06-30Date of Class A ordinary shares outstanding calculation (103,776,127 shares) as reported in Issuer's Annual Report on Form 20-F.
2024-08-29Date Issuer's Annual Report on Form 20-F was filed with the SEC, reporting shares outstanding.
2025-03-31Date of event which requires filing of this statement (beneficial ownership snapshot date).
2025-05-15Date of filing of this Schedule 13G Amendment No. 3.

Keywords

QuantaSing Group Limited, GGV Capital, Schedule 13G, Beneficial Ownership, SEC Filing, Class A ordinary shares, Institutional Investor, Venture Capital, Shareholding Disclosure

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