MOGU: Chen Qi's Elevenhalf MG Int'l Reports 220.15M Share Stake

TL;DR

**Insider Chen Qi now controls 220.15M MOGU shares via Elevenhalf MG International, a huge stake.**

AI Summary

Chen Qi, through Elevenhalf MG International Limited, has reported beneficial ownership of 220,151,966 ordinary shares of MOGU Inc. (MOGU), representing a significant stake. This SC 13D filing, dated January 9, 2024, indicates a substantial insider position. For MOGU shareholders, this matters because a large insider holding can signal confidence in the company's future, but also means a single entity has considerable influence over corporate decisions.

Why It Matters

This filing reveals a major insider holding in MOGU Inc., which could influence future strategic directions and potentially impact stock performance due to concentrated ownership.

Risk Assessment

Risk Level: medium — A large insider stake can lead to concentrated control, potentially limiting the influence of other shareholders.

Analyst Insight

Investors should monitor MOGU Inc.'s corporate governance and any future filings from Chen Qi or Elevenhalf MG International Limited for potential shifts in control or strategic direction, as this large insider stake grants considerable influence.

Key Numbers

• 220,151,966 — Ordinary Shares (Number of MOGU Inc. ordinary shares beneficially owned by Elevenhalf MG International Limited)
• US$0.00001 — Par Value per Share (Par value of MOGU Inc. ordinary shares)

Key Players & Entities

• Chen Qi (person) — reporting person and beneficial owner
• MOGU Inc. (company) — issuer of the securities
• Elevenhalf MG International Limited (company) — reporting person and entity holding shares
• 220,151,966 ordinary shares (dollar_amount) — shares beneficially owned
• January 9, 2024 (date) — date of event requiring filing

Forward-Looking Statements

• Chen Qi will maintain a significant influence over MOGU Inc.'s strategic decisions due to the large beneficial ownership. (MOGU Inc.) — high confidence, target: next 12-24 months

FAQ

Key Financial Figures

• $0 — Issuer) Ordinary shares, par value US$0. 00001 per share (Title of Class of S
• $0.00001 — ,464,752,004 ordinary shares, par value $0.00001 per share (being the sum of 2,161,518,0
• $2.61 — he open market at an average price of US$2.61 per ADS. During such one-month period,
• $2.52 — York Stock Exchange was approximately US$2.52 per ADS. On June 29, 2023, Qi Chen ac
• $2.8 — th negotiation at an average price of US$2.8 per ADS. On June 29, 2023, the closing
• $2.48 — er on the New York Stock Exchange was US$2.48 per ADS. On December 27, 2023, Qi Che
• $2.02 — th negotiation at an average price of US$2.02 per ADS. On December 27, 2023, the clos
• $2.05 — er on the New York Stock Exchange was US$2.05 per ADS. On January 9, 2024, Qi Chen

Filing Documents

• d729891dsc13d.htm (SC 13D) — 70KB
• d729891dex991.htm (EX-99.1) — 4KB
• 0001193125-24-012968.txt ( ) — 76KB

SIGNATURES

SIGNATURES 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. Date : January 23, 2024 Elevenhalf MG International Limited By: /s/ Qi Chen Name: Qi Chen Title: Director Elevenhalf MG Holding Limited By: /s/ Qi Chen Name: Qi Chen Title: Director Qi Chen By: /s/ Qi Chen Name: Qi Chen

View Full Filing

View this SC 13D filing on SEC EDGAR