Cloopen Group Holding Ltd Files 2022 Annual Report
Ticker: RAASY · Form: 20-F · Filed: Aug 27, 2024 · CIK: 1804583
| Field | Detail |
|---|---|
| Company | Cloopen Group Holding Ltd (RAASY) |
| Form Type | 20-F |
| Filed Date | Aug 27, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0001, $100,000, $1, $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, foreign-issuer
TL;DR
Cloopen Group's 2022 20-F is in, check financials and related party deals.
AI Summary
Cloopen Group Holding Ltd filed its 20-F annual report for the fiscal year ending December 31, 2022. The filing details the company's financial performance and business operations, including information on its share structure and related party transactions. The company is incorporated in the Cayman Islands and headquartered in Beijing, China.
Why It Matters
This filing provides investors with a comprehensive overview of Cloopen Group's financial health and operational status for 2022, crucial for understanding its market position and future prospects.
Risk Assessment
Risk Level: medium — As a foreign private issuer, the company's 20-F filing is a standard disclosure, but the nature of its business and market can introduce inherent risks.
Key Numbers
- 2022-12-31 — Fiscal Year End (The period covered by the 20-F filing.)
- 2021-12-31 — Prior Year End (For comparative financial analysis.)
- 2020-01-01 — Start of Reporting Period (Beginning of the earliest fiscal year detailed in the filing.)
Key Players & Entities
- Cloopen Group Holding Ltd (company) — Filer of the 20-F report
- 0001804583 (company) — Central Index Key for Cloopen Group Holding Ltd
- Beijing (location) — Company headquarters city
- Cayman Islands (location) — State of incorporation
FAQ
What is the primary business of Cloopen Group Holding Ltd?
The filing indicates the company's Standard Industrial Classification is 'SERVICES-PREPACKAGED SOFTWARE [7372]', suggesting a focus on software services.
What is the par value of Cloopen Group's ordinary shares?
The filing mentions 'ClassOrdinarySharesParValueUs0.0001PerShareMember', indicating a par value of US$0.0001 per share.
How many classes of common shares does Cloopen Group have?
The filing references 'us-gaap:CommonClassAMember' and 'us-gaap:CommonClassBMember', indicating at least two classes of common shares.
What is the filing date of this 20-F report?
The filing was submitted on August 27, 2024.
What is the SEC file number for Cloopen Group Holding Ltd?
The SEC file number is 001-40004.
Filing Stats: 4,569 words · 18 min read · ~15 pages · Grade level 15.2 · Accepted 2024-08-27 08:42:39
Key Financial Figures
- $0.0001 — ix Class A ordinary shares, par value US$0.0001 per share RAASY Class A ordinary sh
- $100,000 — B700,000 (equivalent to approximately US$100,000) in annual spending in the preceding 12
- $1 — .S. dollars were made at RMB6.8972 to US$1.00, the noon buying rate on December 30
- $1.00 — the noon buying rate was RMB7.1244 to US$1.00 as set forth in the H.10 statistical re
Filing Documents
- form20-f.htm (20-F) — 5375KB
- ex2-6.htm (EX-2.6) — 233KB
- ex8-1.htm (EX-8.1) — 13KB
- ex11-2.htm (EX-11.2) — 90KB
- ex12-1.htm (EX-12.1) — 17KB
- ex12-2.htm (EX-12.2) — 18KB
- ex13-1.htm (EX-13.1) — 7KB
- ex13-2.htm (EX-13.2) — 7KB
- ex15-1.htm (EX-15.1) — 7KB
- ex15-2.htm (EX-15.2) — 7KB
- ex15-3.htm (EX-15.3) — 5KB
- form20-f_001.jpg (GRAPHIC) — 94KB
- chart_001.jpg (GRAPHIC) — 163KB
- ex15-1_001.jpg (GRAPHIC) — 14KB
- ex15-1_002.jpg (GRAPHIC) — 113KB
- ex15-2_001.jpg (GRAPHIC) — 9KB
- ex15-3_001.jpg (GRAPHIC) — 52KB
- ex15-3_002.jpg (GRAPHIC) — 51KB
- 0001493152-24-033941.txt ( ) — 21766KB
- raasy-20221231.xsd (EX-101.SCH) — 133KB
- raasy-20221231_cal.xml (EX-101.CAL) — 174KB
- raasy-20221231_def.xml (EX-101.DEF) — 605KB
- raasy-20221231_lab.xml (EX-101.LAB) — 918KB
- raasy-20221231_pre.xml (EX-101.PRE) — 792KB
- form20-f_htm.xml (XML) — 3541KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) REGISTRATION OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report: For the transition period from to Commission file number: 001-40004 Cloopen Group Holding Limited (Exact Name of Registrant as Specified in Its Charter) N/A (Translation of Registrant's Name into English) Cayman Islands (Jurisdiction of Incorporation or Organization) 16/F, Tower A, Fairmont Tower 33 Guangshun North Main Street Chaoyang District , Beijing People's Republic of China (Address of Principal Executive Offices) Yipeng Li , Chief Financial Officer Telephone: (86) 10-6477-5680 E-mail: liyipeng@yuntongxun.com 16/F, Tower A, Fairmont Tower 33 Guangshun North Main Street Chaoyang District , Beijing People's Republic of China (Name, Telephone, E-mail and/or Facsimile Number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act. None (Title of Class) Securities registered or to be registered pursuant to Section 12(g) of the Act. Title of Each Class Trading Symbol American depositary shares, each representing six Class A ordinary shares, par value US$0.0001 per share RAASY Class A ordinary shares, par value US$0.0001 per share* * Not for trading, but only in connection with the quotation of the American depositary shares on the over-the-counter market. Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. None (Title of Class) Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered by the annual report: As of December 31, 2022, there were 308,308,147 Class A ordinary shares (excluding treasury shares) and 25,649,839 Class B ordinary shares outstanding. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of "large accelerated filer," "accelerated filer" and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated growth company If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. The term "new or revised financial accounting standard" refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to 240.10D-1(b). Indicate by check mark which basis of accounting the regis