Mu Hongwei Discloses Chijet Motor Company Stake

TL;DR

**Mu Hongwei just disclosed a major stake in Chijet Motor Company, Inc. via a 13D filing!**

AI Summary

Mu Hongwei filed an initial Schedule 13D on February 16, 2024, disclosing beneficial ownership of Chijet Motor Company, Inc. Ordinary Shares. The filing indicates that the event requiring this statement occurred on June 1, 2023, and lists Mu Hongwei's address as c/o Chijet Motor Company, Inc. in Yantai, Shandong Province, China. The CUSIP number for the securities is G4465R 103.

Why It Matters

This filing reveals a significant ownership position by an individual associated with Chijet Motor Company, Inc., which could signal insider confidence or potential strategic moves for the company.

Risk Assessment

Risk Level: low — This is an initial disclosure of ownership, which is a standard regulatory filing and does not inherently indicate high risk.

Key Players & Entities

• Mu Hongwei (person) — Filing Person, Beneficial Owner
• Chijet Motor Company, Inc. (company) — Issuer of Securities
• June 1, 2023 (date) — Date of Event Requiring Filing
• February 16, 2024 (date) — Filing Date
• $0.0001 (dollar_amount) — Par value per share

FAQ

Key Financial Figures

• $0.0001 — of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti
• $12.50 — raded Ordinary Shares equals or exceeds $12.50 per share for any 20 days within a 30-d

Filing Documents

• formsc13d.htm (SC 13D) — 157KB
• ex5.htm (EX-5) — 12KB
• 0001493152-24-006944.txt ( ) — 170KB

From the Filing

SC 13D 1 formsc13d.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Amendment No. ) Under the Securities Exchange Act of 1934 Chijet Motor Company, Inc. (Name of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securities) G4465R 103 (CUSIP Number) Hongwei Mu c/o No. 8, Beijing South Road Economic & Technological Development Zone Yantai, Shandong, CN-37 264006 People’s Republic of China Tel: +86-0535-2766221 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 1, 2023 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent. * 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. 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). CUSIP No. G4465R 103 1. Names of reporting persons Chijet Holdings Limited 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization British Virgin Islands Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 50,541,864 (1) 8. Shared Voting Power 0 9. Sole Dispositive Power 50,541,864 (1) 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each reporting person 50,541,864 (1) 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 31.45% (2) 14. Type of reporting person (See Instructions) CO (1) Consists of 50,541,864 ordinary shares, par value $0.0001 (“ Ordinary Shares” ) of Chijet Motor Company, Inc. held by Chijet Holdings Limited (“ CHL ”), a Reporting Person. Hongwei Mu is the director of CHL and as such, may be deemed to be the beneficial owner of the securities held by CHL. (2) Percentage based on 160,707,172 outstanding Ordinary Shares as of June 30, 2023, as set forth on the Unaudited Condensed Consolidated Financial Statements as of and for the six months ended June 30, 2023, furnished as Exhibit 99.2 to the Issuer’s Form 6-K as filed with the Securities and Exchange Commission on December 4, 2023. CUSIP No. G4465R 103 1. Names of reporting persons Hongwei Mu 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization China Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 50,541,864 (3) 8. Shared Voting Power 0 9. Sole Dispositive Power 50,541,864 (3) 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each reporting person 50,541,864 (3) 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 31.45% (4) 14. Type of reporting person (See Instructions) IN (3) Includes 50,541,864 Ordinary Shares of Chijet Motor Company, Inc. held by CHL, a Reporting Person. As the director of CHL, Mr. Mu has shared voting and investment power with respect to, and as such, may be deemed to be the beneficial owner of the securities held by CHL. Mr. Mu disclaims beneficial ownership of the shares beneficially owned by CHL, other than the shares attributable to his equity interest therein. (4) Percentage based on 160,707,172 outstanding Ordinary Shares as of June 30, 2023, as set forth on the Unaudited Condensed Consolidated Financial Statements as of and for the six months ended June 30, 2023, furnished as Exhibit 99.2 to the Issuer’s Form 6-K as filed with the Securi

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