Jie Liu Discloses 7.5M Share Stake in Hongli Group (HLI)

TL;DR

**Jie Liu owns 7.5M shares of Hongli Group, a major insider stake.**

AI Summary

Jie Liu, a Chinese citizen, reported beneficial ownership of 7,516,820 ordinary shares of Hongli Group Inc. (NASDAQ: HLI) as of December 31, 2023. This represents a significant stake, giving Liu sole voting and dispositive power over these shares. This matters to investors because a large individual holding can influence company decisions and stock performance, potentially signaling strong insider confidence or future strategic moves.

Why It Matters

This filing reveals a substantial ownership stake by an individual, Jie Liu, which could impact corporate governance and future strategic direction for Hongli Group Inc.

Risk Assessment

Risk Level: low — This filing indicates a significant insider stake, which is generally seen as a positive sign of confidence in the company's future.

Analyst Insight

A smart investor would view this significant insider ownership by Jie Liu as a potential vote of confidence, warranting further research into Hongli Group Inc.'s fundamentals and future prospects, especially given the 'Rule 13d-1(d)' filing type which often indicates a passive investment intent.

Key Numbers

• 7,516,820 — Shares Beneficially Owned (Represents Jie Liu's total ownership in Hongli Group Inc.)
• $.0001 — Par Value Per Share (The nominal value of each ordinary share of Hongli Group Inc.)

Key Players & Entities

• Jie Liu (person) — reporting person and beneficial owner
• Hongli Group Inc. (company) — the issuer of the securities
• 7,516,820 (dollar_amount) — number of shares beneficially owned
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Jie Liu will maintain a significant ownership stake in Hongli Group Inc. for the foreseeable future. (Jie Liu) — high confidence, target: December 31, 2024
• The substantial insider ownership by Jie Liu could lead to increased stability in the company's strategic direction. (Hongli Group Inc.) — medium confidence, target: June 30, 2024

FAQ

Filing Documents

• ea192836-13gliu_hongligroup.htm (SC 13G) — 70KB
• ea192836ex99-1_hongligroup.htm (EX-99.1) — 6KB
• 0001213900-24-010059.txt ( ) — 77KB

If this statement is filed pursuant to §§240.13d-1(b)

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J). 4 CUSIP No. G4594M108

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: See response to Item 9 on each cover page. (b) Percent of class 5 : See response to Item 11 on each cover page. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote. See response to Item 5 on each cover page. (ii) Shared power to vote or to direct the vote. See response to Item 6 on each cover page. (iii) Sole power to dispose or to direct the disposition of. See response to Item 7 on each cover page. (iv) Shared power to dispose or to direct the disposition of. See response to Item 8 on each cover page. Instruction . For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following . Instruction . Dissolution of a group requires a response to this item.

Ownership of More than Five Percent on Behalf

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.

Identification and Classification of the Subsidiary

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable.

Certification

Item 10. Certification. (a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. (b) The following certification shall be included if the statement is filed pursuant to §240.13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 5 This percentage is calculated based upon 12,371,875 Ordinary Shares issued and outstanding (as of June 30, 2024), as set forth in the Issuer’s Unaudited Condensed Consolidated Financial Statements as of June 30, 2023 on Form 6-K as filed with the Securities and Exchange Commission on November 30, 2023. 5 CUSIP No. G4594M108 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. Jie Liu 2/5/2024 Date /s/ Jie Liu Signature Jie Liu/Individual Name/Title Hongli Development Limited 2/5/2024 Date /s/ Jie Liu Signature Jie Liu/Director Name/Title 6 CUSIP No. G4594M108 LIST OF EXHIBITS Exhibit No. Description 99.1 Joint Filing Agreement 7

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View this SC 13G filing on SEC EDGAR