SCHEDULE: Banyan Partners Amends Yatsen Holding Stake

Banyan Partners Fund III, L.P., Banyan Partners Fund III-A, L.P., and Banyan Partners III Ltd. filed an amendment to their beneficial ownership of Yatsen Holding Limited's Class A Ordinary Shares.

Summary

• Banyan Partners Fund III, L.P. beneficially owns 12,383,206 Class A ordinary shares of Yatsen Holding Limited.
• Banyan Partners Fund III-A, L.P. beneficially owns 2,134,339 Class A ordinary shares.
• Banyan Partners III Ltd., as the general partner for both funds, has shared voting and dispositive power over an aggregate of 14,517,545 Class A ordinary shares.
• These holdings represent 1.0% of outstanding Class A shares for Banyan Fund III, 0.2% for Banyan Fund III-A, and 1.2% for Banyan III GP.
• The aggregate voting power represented by these Class A shares is 0.09% for Banyan Fund III, 0.02% for Banyan Fund III-A, and 0.11% for Banyan III GP, due to the dual-class share structure where Class B shares have 20 votes each.
• The calculation is based on 1,837,165,628 total ordinary shares outstanding as of February 28, 2025, comprising 1,236,592,748 Class A and 600,572,880 Class B shares.
• The reporting persons explicitly disclaim status as a 'group' for Schedule 13G purposes.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership, which is inherently neutral in sentiment.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Yatsen Holding Limited, Class A Ordinary Shares, Beneficial Ownership, Schedule 13G, Banyan Partners, Institutional Ownership, SEC Filing, Equity Stake