SINA CORP & Affiliates Amend Pintec Holdings, Confirm Passive Stake

TL;DR

**SINA CORP and its group are still in Pintec, but it's a passive stake.**

AI Summary

SINA CORP, along with its affiliated group members including CHAO CHARLES GUOWEI, NEW FORTUNE FUND L.P., NEW WAVE MMXV LTD, and STARTIDE CAPITAL HOLDINGS LTD, filed an amended SC 13G/A on January 31, 2024, for their holdings in Pintec Technology Holdings Ltd. This filing indicates a passive ownership stake as of December 31, 2023, and is an amendment to their previous filing. This matters to investors because it confirms SINA CORP's continued, albeit passive, interest in Pintec, potentially signaling stability or a lack of immediate activist intent from a significant shareholder.

Why It Matters

This filing confirms SINA CORP's ongoing, passive investment in Pintec Technology Holdings Ltd, providing transparency on a major shareholder's position without indicating any immediate plans for influence or control.

Risk Assessment

Risk Level: low — This filing is an amendment to a passive ownership report, indicating no new aggressive actions or significant changes in ownership that would introduce high risk.

Analyst Insight

Investors should note that a significant shareholder like SINA CORP continues to hold a passive stake, which suggests no immediate disruptive changes are expected from this party. This filing primarily provides updated transparency rather than signaling a new strategic direction.

Key Numbers

• $0.000125 — Par Value per Share (This is the par value of Pintec Technology Holdings Limited's Class A ordinary shares.)
• 72352G 107 — CUSIP Number (This CUSIP number is assigned to the American Depositary Shares (ADSs) of Pintec Technology Holdings Limited.)
• 35 — Shares per ADS (Each American Depositary Share (ADS) of Pintec Technology Holdings Limited represents 35 Class A ordinary shares.)

Key Players & Entities

• SINA CORP (company) — filer and group member
• Pintec Technology Holdings Ltd (company) — subject company
• CHAO CHARLES GUOWEI (person) — group member
• NEW FORTUNE FUND L.P. (company) — group member
• NEW WAVE MMXV LTD (company) — group member
• STARTIDE CAPITAL HOLDINGS LTD (company) — group member
• $0.000125 (dollar_amount) — par value per share of Class A ordinary shares

Forward-Looking Statements

• SINA CORP will maintain its passive investment in Pintec Technology Holdings Ltd. (SINA CORP) — high confidence, target: Q4 2024

FAQ

Key Financial Figures

• $0.000125 — me of Issuer) Class A ordinary shares, $0.000125 par value per share (Title of Class of

Filing Documents

• tm244115d1_sc13ga.htm (SC 13G/A) — 97KB
• tm244115d1_ex99-a.htm (EX-99.A) — 9KB
• 0001104659-24-008494.txt ( ) — 108KB

(a). Name of Issuer

Item 1(a). Name of Issuer: Pintec Technology Holdings Limited (the “Issuer”)

(b). Address of Issuer’s Principal Executive Offices

Item 1(b). Address of Issuer’s Principal Executive Offices: 3rd Floor, No. 11 Building, No. 109 Yard Tianjizhigu, Jinghai 3rd Street, BDA, Beijing, People’s Republic of China

(a). Name of Person Filing

Item 2(a). Name of Person Filing: Chao Charles Guowei, New Wave MMXV Limited, Sina Group Holding Company Limited, Sina Corporation, Startide Capital Holdings Limited and New Fortune Fund L.P. (collectively, the “Reporting Persons”)

(b). Address of Principal Business Office or, if none, Residence

Item 2(b). Address of Principal Business Office or, if none, Residence: For Chao Charles Guowei, New Wave MMXV Limited, Sina Group Holding Company Limited, and Sina Corporation No. 8 SINA Plaza Courtyard 10, the West Xibeiwang E. Road Haidian District, Beijing 100193 People’s Republic of China For Startide Capital Holdings Limited c/o Trinity Chambers P.O. Box 4301, Road Town, Tortola British Virgin Islands For New Fortune Fund L.P. 3-212 Governors Square, 23 Lime Tree Bay Avenue P.O. Box 30746, Seven Mile Beach, Grand Cayman KY1-1203 Cayman Islands

(c) Citizenship

Item 2(c) Citizenship: Chao Charles Guowei — Hong Kong SAR, PRC New Wave MMXV Limited — British Virgin Islands Sina Group Holding Company Limited — Cayman Islands Sina Corporation — Cayman Islands Startide Capital Holdings Limited — British Virgin Islands New Fortune Fund L.P. — Cayman Islands

(d). Title of Class of Securities

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.

(e). CUSIP Number

Item 2(e). CUSIP Number: 72352G 107 This CUSIP number applies to the American depositary shares of the Issuer, each representing 35 Class A ordinary shares of the Issuer. CUSIP Number: 72352G 107 Page 8 of 9

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 persons filing is a: Not applicable

Ownership

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: Chao Charles Guowei 22 0.0 % 0.0 % 22 0 22 0 New Wave MMXV Limited 22 0.0 % 0.0 % 22 0 22 0 Sina Group Holding Company Limited 22 0.0 % 0.0 % 22 0 22 0 Sina Corporation 22 0.0 % 0.0 % 22 0 22 0 Startide Capital Holdings Limited 22 0.0 % 0.0 % 22 0 22 0 New Fortune Fund L.P. 22 0.0 % 0.0 % 22 0 22 0 As of December 31, 2023, 22 Class A ordinary shares were directly held by New Fortune Fund L.P., a limited partnership established under the laws of the Cayman Islands. New Fortune Fund L.P. has one general partner and two limited partners. The general partner of New Fortune Fund L.P. is SUN DREAM INC, and the limited partners of New Fortune Fund L.P. are Startide Capital Holdings Limited and Allplay Legend Corporation. Pursuant to the constitutional documents of New Fortune Fund L.P., Startide Capital Holdings Limited has the power to direct New Fortune Fund L.P. with respect to the retention or disposal of, and the exercise of any voting and other rights attached to, the shares held by New Fortune Fund L.P. Both Startide Capital Holdings Limited and Allplay Legend Corporation are controlled by Sina Corporation. On March 22, 2021, New Wave Mergersub Limited (a wholly owned subsidiary of Sina Group Holding Company Limited, formerly known as New Wave Holdings Limited) merged with and into Sina Corporation, with Sina Corporation continuing as the surviving company. As a result of this merger, Sina Corporation became a wholly owned subsidiary of Sina Group Holding Company Limited, which is a wholly owned subsidiary of New Wave MMXV Limited (“New Wave”), a business

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 CUSIP Number: 72352G 107 Page 9 of 9

Ownership of More than Five Percent on Behalf of Another Person

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

Identification and Classification of the Subsidiary Which

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

Identification and Classification of Members of the Group

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

Certifications

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: January 31, 2024 /s/ Chao Charles Guowei Chao Charles Guowei NEW WAVE MMXV LIMITED By: /s/ Chao Charles Guowei Name: Chao Charles Guowei Title: Sole Director SINA GROUP HOLDING COMPANY LIMITED By: /s/ Chao Charles Guowei Name: Chao Charles Guowei Title: Sole Director SINA CORPORATION By: /s/ Bonnie Yi Zhang Name: Bonnie Yi Zhang Title: Chief Financial Officer STARTIDE CAPITAL HOLDINGS LIMITED By: /s/ Chao Charles Guowei Name: Chao Charles Guowei Title: Director NEW FORTUNE FUND L.P. By: /s/ Yunli Liu Name: Yunli Liu Title: Authorized Signatory

View Full Filing

View this SC 13G/A filing on SEC EDGAR