SCHEDULE: FIL Limited Discloses 10% Stake in Zepp Health Corp

FIL Limited, along with its affiliates Pandanus Partners, L.P. and Pandanus Associates, Inc., has reported beneficial ownership of 10.0% of Zepp Health Corp's Class A Common Stock as of March 31, 2026.

Summary

• FIL Limited and its associated entities (Pandanus Partners, L.P. and Pandanus Associates, Inc.) have filed a Schedule 13G, indicating they collectively beneficially own 11,477,632 shares of Zepp Health Corp's Class A Common Stock.
• This holding represents 10.0% of the total outstanding Class A Common Stock of Zepp Health Corp as of March 31, 2026.
• FIL Limited is a Bermuda-based entity, while Pandanus Partners, L.P. and Pandanus Associates, Inc. are organized in Delaware.
• The filing is an amendment to a previous filing, with this amendment being Amendment No. 1.
• FIL Investment Management (Singapore) Limited is also identified as an entity that beneficially owns 5% or greater of the security class.
• Pandanus Partners, L.P. owns shares of FIL Limited voting stock, representing a significant portion of FIL's voting power, but disclaims beneficial ownership by any individual family member.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral; it's a standard disclosure of significant ownership without providing performance metrics or strategic direction for Zepp Health Corp.

Positives

• FIL Limited and its affiliates have a significant stake (10.0%) in Zepp Health Corp, suggesting confidence or strategic interest in the company.
• The filing indicates a clear and structured ownership reporting, adhering to SEC regulations.

Negatives

• The filing does not contain financial performance data or operational updates for Zepp Health Corp, focusing solely on ownership disclosure.
• Details regarding the specific business activities of FIL Limited and its subsidiaries in relation to Zepp Health Corp are not provided.

Risks

• Potential for increased shareholder activism or influence by FIL Limited due to its substantial ownership stake.
• The disaggregation of beneficial ownership for certain other companies, as mentioned in Exhibit 99, could obscure the full picture of significant stakeholders.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Zepp Health Corp's future performance.

Management Comments

• FIL Limited, Pandanus Partners, L.P., and Pandanus Associates, Inc. certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that significant stake disclosures via Schedule 13G filings often precede increased investor engagement or potential strategic shifts within a company's sector. For Zepp Health Corp, a company in the health technology space, such a substantial holding by a major investment entity like FIL Limited could signal growing institutional interest or a re-evaluation of its market position.

Related Party Transactions

• Pandanus Partners, L.P. owns shares of FIL Limited voting stock, indicating an inter-company relationship within the reporting group.

Stakeholder Impact

• Shareholders of Zepp Health Corp may see increased market interest or potential for strategic changes due to FIL Limited's significant stake.
• The disclosure may influence other institutional investors' decisions regarding Zepp Health Corp.

Next Steps

• FIL Limited and its affiliates will continue to monitor their beneficial ownership percentage in Zepp Health Corp.
• Zepp Health Corp may engage with FIL Limited regarding its significant stake.

Key Dates

Keywords

Zepp Health Corp, FIL Limited, Schedule 13G, Beneficial Ownership, Class A Common Stock, Pandanus Partners, Pandanus Associates, SEC Filing, Investment Management, Shareholder