SCHEDULE: Vipshop Holdings: Key Insider Boosts Stake to 11.1%

Arthur Xiaobo Hong, a key insider, has increased his beneficial ownership in Vipshop Holdings Limited to 11.1% of Class A ordinary shares, including shares held through High Vivacity Holdings Limited.

Summary

• High Vivacity Holdings Limited beneficially owns 8,707,142 Class A ordinary shares of Vipshop Holdings Limited, representing 8.8% of the class.
• High Vivacity Holdings Limited is ultimately wholly owned by the Nasa Stand Trust.
• Arthur Xiaobo Hong beneficially owns an aggregate of 11,202,794 Class A ordinary shares, representing 11.1% of the class.
• Mr. Hong's beneficial ownership includes 2,495,651 Class A ordinary shares acquirable within 60 days after June 30, 2025, and the 8,707,142 Class A ordinary shares held by High Vivacity Holdings Limited.
• Mr. Hong has the power to direct the trustee of the Nasa Stand Trust regarding the retention, disposal, and voting rights of the shares held by High Vivacity Holdings Limited.
• The voting power beneficially owned by High Vivacity Holdings Limited represents 3.6% of the total outstanding voting power of the Issuer.
• The voting power beneficially owned by Arthur Xiaobo Hong represents 4.6% of the total outstanding voting power of the Issuer.
• The percentage of class is calculated based on 98,625,072 issued and outstanding ordinary shares (83,064,714 Class A and 15,560,358 Class B) as of June 30, 2025.
• Each Class A ordinary share is entitled to one vote, while each Class B ordinary share is entitled to ten votes.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that inherently conveys positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by a significant shareholder and insider, Arthur Xiaobo Hong, in Vipshop Holdings Limited. It does not provide broader industry trends or competitive analysis but highlights a key individual's continued substantial stake in the company, which is common for founders or long-term executives in publicly traded firms.

Related Party Transactions

• Arthur Xiaobo Hong's beneficial ownership includes shares held by High Vivacity Holdings Limited, which is ultimately wholly owned by the Nasa Stand Trust. Mr. Hong has the power to direct the trustee of the Nasa Stand Trust regarding these shares, establishing a related party control relationship.

Stakeholder Impact

• Shareholders: Provides transparency regarding the significant ownership stake and control exercised by a key insider, Arthur Xiaobo Hong, which can influence corporate governance and strategic decisions.

Key Dates

Keywords

Vipshop Holdings Limited, Beneficial Ownership, Schedule 13G, Arthur Xiaobo Hong, High Vivacity Holdings Limited, SEC Filing, Class A Shares, Insider Ownership, Nasa Stand Trust