SCHEDULE: Banyan Partners Discloses 5.2% Stake in Yatsen Holding

Banyan Partners III Ltd. and its affiliated funds reported a combined beneficial ownership of 5.2% of Yatsen Holding Limited's Class A Ordinary Shares.

Summary

• Banyan Partners Fund III, L.P. beneficially owns 54,668,026 Class A ordinary shares of Yatsen Holding Limited.
• Banyan Partners Fund III-A, L.P. beneficially owns 9,415,519 Class A ordinary shares.
• Banyan Partners III Ltd., as the general partner of both funds, has shared voting and dispositive power over an aggregate of 64,083,545 Class A ordinary shares.
• This aggregate ownership represents 5.2% of the outstanding Class A ordinary shares.
• The calculation is based on 1,236,592,748 Class A ordinary shares and 600,572,880 Class B ordinary shares outstanding as of February 28, 2025.
• Each Class A ordinary share is entitled to one vote, while each Class B ordinary share is entitled to twenty votes.
• The aggregate Class A ordinary shares beneficially owned by Banyan III GP represent approximately 0.5% of the total issued and outstanding ordinary shares' aggregate voting power.

Sentiment

Score: 5

Explanation: This is a routine beneficial ownership disclosure (Schedule 13G Amendment No. 5) and does not contain information that would typically indicate a positive or negative sentiment regarding the issuer's performance or outlook. It merely updates ownership percentages.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

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