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Form SC 13G Pintec Technology Holdin Filed by: Zhang Song-Yi

February 12, 2019 7:16 AM EST

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

Pintec Technology Holdings Limited

(Name of Issuer)

Class A ordinary shares, $0.000125 par value per share

(Title of Class of Securities)

72352G 107**

(CUSIP Number)

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

** CUSIP number 72352G 107 has been assigned to the American Depositary Shares (“ADSs”) of the issuer, which are quoted on The Nasdaq Global Market under the symbol “PT.” Each ADS represents seven Class A ordinary shares of the issuer.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

 

1

Name of Reporting Person
Mandra iBase Limited

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
British Virgin Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
24,505,949(1)

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
24,505,949(1)

 

8

Shared Dispositive Power
0

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
24,505,949(1)

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
9.2%

 

 

12

Type of Reporting Person
CO

 


(1)           Represents 18,613,699 Class A ordinary shares directly held by Mandra iBase Limited and 5,892,250 Class A ordinary shares in the form of 841,750 ADSs that were acquired by Mandra iBase Limited in the initial public offering of the Issuer (as defined below).

 


 

 

1

Name of Reporting Person
Beansprouts Ltd.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
British Virgin Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
27,324,857(2)

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
27,324,857(2)

 

8

Shared Dispositive Power
0

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
27,324,857(2)

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
10.3%

 

 

12

Type of Reporting Person
CO

 


(2)           Represents (i) 18,613,699 Class A ordinary shares directly held by Mandra iBase Limited and 5,892,250 Class A ordinary shares in the form of 841,750 ADSs that were acquired by Mandra iBase Limited in the initial public offering of the Issuer, and (ii) 2,818,908 Class A ordinary shares directly held by Woo Foong Hong Limited. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., and Woo Foong Hong Limited is 51% held by Beansprouts Ltd.

 


 

 

1

Name of Reporting Person
Bing How Mui

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
China, Hong Kong Special Administrative Region

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
27,324,857(3)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
27,324,857(3)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
27,324,857(3)

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
10.3%

 

 

12

Type of Reporting Person
IN

 


(3)           Represents (i) 18,613,699 Class A ordinary shares directly held by Mandra iBase Limited and 5,892,250 Class A ordinary shares in the form of 841,750 ADSs that were acquired by Mandra iBase Limited in the initial public offering of the Issuer, and (ii) 2,818,908 Class A ordinary shares directly held by Woo Foong Hong Limited. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., and Woo Foong Hong Limited is 51% held by Beansprouts Ltd. Beansprouts Ltd. is owned by Bing How Mui and Song Yi Zhang, and each of them holds 50% of the issued and outstanding share capital of Beansprouts Ltd.

 


 

 

1

Name of Reporting Person
Song Yi Zhang

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
China, Hong Kong Special Administrative Region

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
27,324,857(4)

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
27,324,857(4)

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
27,324,857(4)

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row 9
10.3%

 

 

12

Type of Reporting Person
IN

 


(4)           Represents (i) 18,613,699 Class A ordinary shares directly held by Mandra iBase Limited and 5,892,250 Class A ordinary shares in the form of 841,750 ADSs that were acquired by Mandra iBase Limited in the initial public offering of the Issuer, and (ii) 2,818,908 Class A ordinary shares directly held by Woo Foong Hong Limited. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., and Woo Foong Hong Limited is 51% held by Beansprouts Ltd. Beansprouts Ltd. is owned by Bing How Mui and Song Yi Zhang, and each of them holds 50% of the issued and outstanding share capital of Beansprouts Ltd.

 


 

Item 1(a).

Name of Issuer:
Pintec Technology Holdings Limited (the “Issuer”)

Item 1(b).

Address of Issuer’s Principal Executive Offices:
216, 2/F East Gate, Pacific Century Place, No. A2 Gongti North Road, Chaoyang District, Beijing, People’s Republic of China

 

Item 2(a).

Name of Person Filing:
(i) Mandra iBase Limited;

(ii) Beansprouts Ltd.;

(iii) Bing How Mui; and

(iv) Song Yi Zhang (collectively, the “Reporting Persons”)

Item 2(b).

Address of Principal Business Office or, if none, Residence:
For Mandra iBase Limited

3rd Floor, J&C Building,

P.O. Box 933, Road Town, Tortola,

British Virgin Islands, VG1110

 

For Beansprouts Ltd.

3rd Floor, J&C Building,

P.O. Box 933, Road Town, Tortola,

British Virgin Islands, VG1110

 

For Bing How Mui and Song Yi Zhang

Flat 8A, Magazine Court,

5-7 Magazine Gap Road,

Hong Kong

Item 2(c)

Citizenship:
Mandra iBase Limited - British Virgin Islands

Beansprouts Ltd. - British Virgin Islands

Bing How Mui - China, Hong Kong Special Administrative Region

Song Yi Zhang - China, Hong Kong Special Administrative Region

Item 2(d).

Title of Class of Securities:
Class A ordinary shares, $0.000125 par value per share, of the Issuer

 

The Issuer’s ordinary shares consist of Class A ordinary shares and Class B ordinary shares. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to fifteen votes per share, subject to certain conditions, on all matters submitted to them for vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

Item 2(e).

CUSIP Number:
72352G 107

 

This CUSIP number applies to the American depositary shares of the Issuer, each representing seven Class A ordinary shares of the Issuer.

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:

 

Not applicable

 


 

Item 4.

Ownership:

 

Reporting Person

 

Amount
beneficially
owned:

 

Percent
of class:

 

Percent of
aggregate
voting
power:

 

Sole power to
vote or direct
the vote:

 

Shared power
to vote or to
direct the vote:

 

Sole power to
dispose or to
direct the
disposition of:

 

Shared power
to dispose or to
direct the
disposition of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mandra iBase Limited

 

24,505,949

 

9.2

%

2.5

%

24,505,949

 

0

 

24,505,949

 

0

 

Beansprouts Ltd.

 

27,324,857

 

10.3

%

2.8

%

27,324,857

 

0

 

27,324,857

 

0

 

Bing How Mui

 

27,324,857

 

10.3

%

2.8

%

0

 

27,324,857

 

0

 

27,324,857

 

Song Yi Zhang

 

27,324,857

 

10.3

%

2.8

%

0

 

27,324,857

 

0

 

27,324,857

 

 

As of December 31, 2018, Mandra iBase Limited held 18,613,699 Class A ordinary shares and 5,892,250 Class A ordinary shares in the form of 841,750 ADSs that were acquired by Mandra iBase Limited in the initial public offering of the Issuer.  As of December 31, 2018, Woo Foong Hong Limited held 2,818,908 Class A ordinary shares. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., and Woo Foong Hong Limited is 51% held by Beansprouts Ltd. Beansprouts Ltd. is owned by Bing How Mui and Song Yi Zhang, and each of them holds 50% of the issued and outstanding share capital of Beansprouts Ltd.

 

The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 265,594,453 ordinary shares (being the sum of 213,811,958 Class A ordinary shares and 51,782,495 Class B ordinary shares) of the Issuer outstanding as of December 31, 2018 as a single class. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

 

The percentage of voting power is calculated by dividing the voting power beneficially owned by each Reporting Person by the voting power of all of the Issuer’s Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2018. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to fifteen votes per share, subject to certain conditions, on all matters submitted to them for vote.

 

Item 5.

Ownership of Five Percent or Less of a Class:

 

Not applicable

 

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

 

Not applicable

 

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person:

 

Not applicable

 

 

Item 8.

Identification and Classification of Members of the Group:

 

Not applicable

 

 

Item 9.

Notice of Dissolution of Group:

 

Not applicable

 


 

Item 10.

Certifications:

 

Not applicable

 


 

LIST OF EXHIBITS

 

Exhibit No.

 

Description

 

 

 

A

 

Joint Filing Agreement

 


 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 12, 2019

 

 

 

MANDRA IBASE LIMITED

 

 

 

 

 

By:

/s/ Song Yi ZHANG

 

Name:

Song Yi ZHANG

 

Title:

Director

 

 

 

 

 

BEANSPROUTS LTD.

 

 

 

 

 

By:

/s/ Song Yi ZHANG

 

Name:

Song Yi ZHANG

 

Title:

Director

 

 

 

 

 

 

BING HOW MUI

 

 

 

 

 

/s/ Bing How Mui

 

 

 

 

 

SONG YI ZHANG

 

 

 

 

 

/s/ Song Yi ZHANG

 


EXHIBIT A

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the shares of Class A ordinary shares, par value of $0.000125 per share, of Pintec Technology Holdings Limited, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 12, 2019.

 

 

 

MANDRA IBASE LIMITED

 

 

 

 

 

By:

/s/ Song Yi ZHANG

 

Name:

Song Yi ZHANG

 

Title:

Director

 

 

 

 

 

BEANSPROUTS LTD.

 

 

 

 

 

By:

/s/ Song Yi ZHANG

 

Name:

Song Yi ZHANG

 

Title:

Director

 

 

 

 

 

 

BING HOW MUI

 

 

 

 

 

/s/ Bing How Mui

 

 

 

 

 

SONG YI ZHANG

 

 

 

 

 

/s/ Song Yi ZHANG

 




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