SCHEDULE 13G: HongShan Capital Group Discloses 5% Passive Stake in YXT.COM GROUP HOLDING LIMITED

A group of entities and individuals led by HongShan Capital and Neil Nanpeng Shen have disclosed a passive beneficial ownership of 5.0% in YXT.COM GROUP HOLDING LIMITED's Class A Ordinary Shares.

Summary

• HSG Growth VI Holdco E, Ltd., HongShan Capital Growth Fund VI, L.P., HSG Growth VI Management, L.P., HSG Holding Limited, SNP China Enterprises Limited, and Neil Nanpeng Shen collectively reported beneficial ownership of 8,181,818 Class A Ordinary Shares of YXT.COM GROUP HOLDING LIMITED.
• This stake represents 5.0% of the total outstanding Class A Ordinary Shares.
• The percentage is calculated based on 163,294,773 Class A Ordinary Shares outstanding immediately following the Issuer's offering, as reported in the Issuer's Prospectus filed on August 16, 2024.
• The reporting persons share both voting and dispositive power over all 8,181,818 shares.
• The ownership structure details a chain of control: HSG Growth VI Holdco E is owned by HongShan Capital Growth Fund VI, whose general partner is HSG Growth VI Management, whose general partner is HSG Holding, which is wholly owned by SNP China Enterprises, which is wholly owned by Neil Nanpeng Shen.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing neutral information without positive or negative operational or financial performance details.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• The disclosure of a 5% stake by a prominent investment group like HongShan Capital may signal increased investor confidence or interest in YXT.COM GROUP HOLDING LIMITED, potentially impacting shareholder perception and stock valuation.

Key Dates

Keywords

YXT.COM GROUP HOLDING LIMITED, Class A Ordinary Shares, SEC filing, Schedule 13G, Beneficial Ownership, HongShan Capital, Neil Nanpeng Shen, Passive Investment, Equity Stake, Public Company Disclosure