Fosun International Amends Aurora Mobile Stake Filing
Ticker: JG · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 1737339
| Field | Detail |
|---|---|
| Company | Aurora Mobile LTD (JG) |
| Form Type | SC 13G/A |
| Filed Date | Feb 7, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G/A
TL;DR
**Fosun International just updated its stake in Aurora Mobile, watch for market reaction.**
AI Summary
Fosun International Ltd. and its group members, including Fidelidade - Companhia de Seguros, S.A. and Greatest Investments Ltd., filed an amended SC 13G/A on February 7, 2024, for Aurora Mobile Ltd. This filing, dated December 31, 2023, indicates a change in their beneficial ownership of Aurora Mobile's Class A Common Shares. While the specific percentage change isn't detailed in the provided text, the amendment suggests a notable shift in their investment, which could signal a change in their confidence in the company's future performance, potentially impacting investor sentiment.
Why It Matters
This filing indicates a change in a significant institutional investor's position, which can influence market perception and potentially the stock price of Aurora Mobile Ltd.
Risk Assessment
Risk Level: medium — The filing indicates a change in ownership by a major investor, which could lead to volatility if the change is significant.
Analyst Insight
Investors should monitor subsequent filings from Fosun International Ltd. to understand the magnitude and direction of their ownership change in Aurora Mobile Ltd., as this could signal a shift in institutional confidence.
Key Numbers
- 051857209 — CUSIP Number (Identifies Aurora Mobile Ltd.'s American depositary shares (ADSs))
- 3 — ADSs (Represents 40 Class A Common Shares of Aurora Mobile Ltd.)
- 40 — Class A Common Shares (Represented by 3 ADSs of Aurora Mobile Ltd.)
- December 31, 2023 — Date of Event (The date requiring the filing of this statement)
- February 7, 2024 — Filing Date (The date the SC 13G/A was filed)
Key Players & Entities
- Fosun International Ltd. (company) — reporting person and beneficial owner
- Aurora Mobile Ltd. (company) — subject company (issuer)
- Fidelidade - Companhia de Seguros, S.A. (company) — group member of reporting persons
- Greatest Investments Ltd (company) — group member of reporting persons
- US$0.0001 (dollar_amount) — par value per Class A Common Share
Forward-Looking Statements
- Fosun International Ltd. will continue to be a significant shareholder in Aurora Mobile Ltd. (Fosun International Ltd.) — medium confidence, target: Q4 2024
FAQ
Who are the reporting persons in this SC 13G/A filing?
The reporting persons are Fosun International Ltd. and its group members, which include Fidelidade - Companhia de Seguros, S.A. and Greatest Investments Ltd., as stated in the 'GROUP MEMBERS' section and 'FILED BY' section of the filing.
What is the subject company of this filing and its CUSIP number?
The subject company is Aurora Mobile Ltd., and its CUSIP number is 051857209, which applies to its American depositary shares (ADSs), as indicated in the 'Name of Issuer' and 'CUSIP Number' sections.
What is the relationship between Aurora Mobile's ADSs and its Class A Common Shares?
According to the filing, three (3) American depositary shares (ADSs) represent forty (40) Class A Common Shares of Aurora Mobile Ltd., as noted in the footnote under the CUSIP number.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified in the 'Date of Event which Requires Filing of this Statement' section.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(d), as indicated by the 'x' next to 'Rule 13d-1(d)' in the 'Check the appropriate box to designate the rule pursuant to which this Schedule is filed' section.
Filing Stats: 1,666 words · 7 min read · ~6 pages · Grade level 9.7 · Accepted 2024-02-07 06:09:02
Key Financial Figures
- $0.0001 — er) Class A Common Shares, par value US$0.0001 per share (Title of Class of Securiti
Filing Documents
- tm242194d1_sc13ga.htm (SC 13G/A) — 72KB
- 0001104659-24-011313.txt ( ) — 74KB
From the Filing
SC 13G/A 1 tm242194d1_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5)* Aurora Mobile Limited (Name of Issuer) Class A Common Shares, par value US$0.0001 per share (Title of Class of Securities) 051857209 ** (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ¨ Rule 13d-1(b) ¨ 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 the disclosures provided in a prior cover page. **This CUSIP number applies to the Issuer’s American depositary shares (“ADSs”). Three (3) ADSs represent forty (40) Class A Common Shares of the Issuer. The information required in 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 ). SCHEDULE 13G CUSIP No. 051857209 1 Names of Reporting Persons Greatest Investments Limited 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) x (b) ¨ 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 0 6 Shared Voting Power 5,791,067 (1) 7 Sole Dispositive Power 0 8 Shared Dispositive Power 5,791,067 (1) 9 Aggregate Amount Beneficially Owned by Each Reporting Person 5,791,067 (1) 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ 11 Percent of Class Represented by Amount in Row (9) 9.2% (2) 12 Type of Reporting Person (See Instructions) CO (1) Number of shares is number of Class A common shares, par value US$0.0001 per share (“Class A Common Shares”), of Aurora Mobile Limited (the “Issuer”). Greatest Investments Limited beneficially owns 434,330 American depositary shares (“ADSs”). Three (3) ADSs represent forty (40) Class A Common Shares of the Issuer. (2) This percentage is calculated based on 62,813,504 Class A Common Shares of the Issuer outstanding as of September 30, 2023, as reported in the Issuer’s Form 6-K filed with the Securities and Exchange Commission (“SEC”) on November 16, 2023. Page 2 of 8 SCHEDULE 13G CUSIP No. 051857209 1 Names of Reporting Persons Fidelidade - Companhia de Seguros, S.A. 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) x (b) ¨ 3 SEC Use Only 4 Citizenship or Place of Organization Portugal Number of Shares Beneficially Owned by Each Reporting Person With: 5 Sole Voting Power 0 6 Shared Voting Power 920 (1) 7 Sole Dispositive Power 0 8 Shared Dispositive Power 920 (1) 9 Aggregate Amount Beneficially Owned by Each Reporting Person 920 (1) 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ 11 Percent of Class Represented by Amount in Row (9) 0.0% (2) 12 Type of Reporting Person (See Instructions) CO (1) Number of shares is number of Class A Common Shares of the Issuer. Fidelidade - Companhia de Seguros, S.A. beneficially owns 69 ADSs. Three (3) ADSs represent forty (40) Class A Common Shares of the Issuer. (2) This percentage is calculated based on 62,813,504 Class A Common Shares of the Issuer outstanding as of September 30, 2023, as reported in the Issuer’s Form 6-K filed with the SEC on November 16, 2023. Page 3 of 8 SCHEDULE 13G CUSIP No. 051857209 1 Names of Reporting Persons Fosun International Limited 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) x (b) ¨ 3 SEC Use Only 4 Citizenship or Place of Organization Hong Kong Number of Shares Beneficially Owned by Each Reporting Person With: 5 Sole Voting Power 0 6 Shared Voting Power 5,791,987 (1) 7 Sole Dispositive Power 0 8 Shared Dispositive Power 5,791,987 (1) 9 Aggregate Amount Beneficially Owned by Each Reporting Person 5,791,987 (1) 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ 11 Percent of Class Represented by Amount in Row (9) 9.2% (2) 12 Type of Reporting Person (See Instructions) CO (1) Number of shares is number of Class A Common Shares of the Issuer. Fosun International Limited beneficially owns (i) 434,330 ADSs held directly by its subsidi