Zhe Yin Amends Noah Holdings Stake, Signals Ownership Change
Ticker: NOAH · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 1499543
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, beneficial-ownership
TL;DR
**Zhe Yin updated his Noah Holdings ownership, watch for details on his stake.**
AI Summary
Zhe Yin, a key individual, filed an amended SC 13G/A on February 7, 2024, for Noah Holdings Ltd, indicating a change in beneficial ownership as of December 31, 2023. This filing, Amendment No. 12, updates previous disclosures regarding his holdings in the company's Ordinary Shares. This matters to investors because changes in ownership by significant individuals like Zhe Yin can signal their confidence or lack thereof in the company's future prospects, potentially influencing stock price.
Why It Matters
Changes in beneficial ownership by significant individuals like Zhe Yin can indicate shifts in their investment strategy or outlook for Noah Holdings Ltd, which may influence other investors' perceptions and the stock's performance.
Risk Assessment
Risk Level: low — This filing is a routine update of beneficial ownership and does not inherently signal immediate financial risk, though the underlying change in ownership could be interpreted differently.
Analyst Insight
Investors should monitor subsequent filings or news for the specific details of Zhe Yin's updated share count to understand the magnitude of the ownership change and its potential implications for Noah Holdings Ltd.
Key Numbers
- US$0.00005 — Par Value Per Share (The par value of Noah Holdings Ltd's Ordinary Shares.)
- 65487X102 — CUSIP Number (Identifies the class of securities (Ordinary Shares) of Noah Holdings Ltd.)
- 12 — Amendment Number (Indicates this is the twelfth amendment to the original Schedule 13G filing.)
Key Players & Entities
- Zhe Yin (person) — reporting person for the SC 13G/A filing
- Noah Holdings Ltd (company) — the issuer of the securities
- Yin Investment Co., Ltd. (company) — filer of the SC 13G/A
- 02 Finance (company) — organization name associated with the subject company
Forward-Looking Statements
- The market will react to the specific change in Zhe Yin's beneficial ownership once the full details of the share count are disclosed. (Noah Holdings Ltd) — medium confidence, target: 2024-02-08
FAQ
What is the purpose of this specific SC 13G/A filing?
This SC 13G/A filing is an Amendment No. 12 to a previous Schedule 13G, indicating an update to the beneficial ownership disclosures for Noah Holdings Limited as of December 31, 2023, by reporting person Zhe Yin.
Who is the reporting person in this filing?
The reporting person identified in this filing is Zhe Yin, whose citizenship or place of organization is The People's Republic of China.
What is the title of the class of securities being reported on?
The title of the class of securities is "Ordinary Shares, Par Value US$0.00005 Per Share" of Noah Holdings Limited.
What is the CUSIP number associated with these securities?
The CUSIP number for the Ordinary Shares of Noah Holdings Limited is 65487X102. The filing notes this CUSIP applies to the Issuer's American depositary shares, where one American depositary share represents five ordinary shares.
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.
Filing Stats: 1,152 words · 5 min read · ~4 pages · Grade level 8.8 · Accepted 2024-02-07 06:09:55
Key Financial Figures
- $0.00005 — Issuer) Ordinary Shares, Par Value US$0.00005 Per Share (Title of Class of Securiti
Filing Documents
- tm245441d1_sc13ga.htm (SC 13G/A) — 51KB
- 0001104659-24-011317.txt ( ) — 53KB
(a). NAME OF ISSUER
Item 1(a). NAME OF ISSUER Noah Holdings Limited
(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
Item 1(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES Building A, No. 1226 Shenbin South Road, Minhang District, Shanghai, 201107, People’s Republic of China
(a). NAME OF PERSON FILING
Item 2(a). NAME OF PERSON FILING Zhe Yin Yin Investment Co., Ltd.
(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE For Zhe Yin: Building A, No. 1226 Shenbin South Road, Minhang District, Shanghai, 201107, People’s Republic of China F or Yin Investment Co., Ltd.: Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
(c). CITIZENSHIP
Item 2(c). CITIZENSHIP Mr. Zhe Yin is a citizen of the People’s Republic of China. Yin Investment Co., Ltd. is a British Virgin Islands company.
(d). TITLE OF CLASS OF SECURITIES
Item 2(d). TITLE OF CLASS OF SECURITIES Ordinary shares, par value US$0.00005 per share.
(e). CUSIP No
Item 2(e). CUSIP No. 65487X102. This CUSIP number applies to the issuer’s American depositary shares (“ADSs”); One ADS represents five ordinary shares. 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: Not applicable.
OWNERSHIP
Item 4. OWNERSHIP The information required by Items 4(a) - (c) is set forth in Rows 5-11 of the cover page hereto and is incorporated herein by reference. As of December 31, 2023, Yin Investment Co., Ltd. (“Yin Investment”) is the record owner of 16,050,000 ordinary shares of the issuer. Yin Investment also owns 608,110 ordinary shares in the form of ADS and has the right to acquire 1,480 ordinary shares upon vesting of restricted share units, granted under the share incentive plan of the issuer, within 60 days after December 31, 2023. 3 CUSIP No. 65487X102 13G Page 4 of 4 Mr. Yin Zhe is the sole director of Yin Investment and as such has power to vote and dispose of the ordinary shares held by Yin Investment. Mr. Yin Zhe is the beneficial owner of all the ordinary shares held by Yin Investment. The Trust was established for the purposes of Mr. Yin Zhe’s wealth management. Yin Investment is indirectly wholly owned by ARK Trust (Hong Kong) Limited in its capacity as trustee of the Safe Harbor Trust (the “Trust”) constituted under the laws of Hong Kong, with Mr. Yin Zhe as the settlor and Mr. Yin Zhe and his family members as the beneficiaries. Yin Investment is directly wholly owned by Rhythm Profit Investment Limited, a British Virgin Islands company, which is in turn wholly owned by ARK Trust (Hong Kong) Limited, a professional trustee company. Therefore, ARK Trust (Hong Kong) Limited as trustee of the Trust may be considered to indirectly hold the shares of Yin Investment. However, the Trustee disclaims beneficial ownership of all such shares. ARK Trust (Hong Kong) Limited as trustee of the Trust has no power to dispose of the ordinary shares held by Yin Investment except upon written instruction by Mr. Yin Zhe, or to avoid criminal sanction or civil liability to persons not connected with the Trust, or to avoid adverse impact on the reputation of ARK Trust (Hong Kong) Limited or any of its associates.
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not applicable.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL 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.
CERTIFICATION
Item 10. CERTIFICATION Not applicable. 4
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: February 7, 2024 Zhe Yin By: /s/ Zhe Yin Name: Zhe Yin Yin Investment Co., Ltd . By: /s/ Zhe Yin Name: Zhe Yin Title: Director 5 Exhibit No. Description 99.1* Joint Filing Agreement, dated February 13, 2012, by and between Yin Investment Co., Ltd. and Zhe Yin * previously filed 6