Yaona Lin Amends Tuya Inc. (TUYA) SC 13G/A Filing

Ticker: TUYA · Form: SC 13G/A · Filed: Feb 1, 2024 · CIK: 1829118

Tuya Inc. SC 13G/A Filing Summary
FieldDetail
CompanyTuya Inc. (TUYA)
Form TypeSC 13G/A
Filed DateFeb 1, 2024
Risk Levellow
Pages4
Reading Time4 min
Key Dollar Amounts$0.00005
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: insider-holding, amendment, shareholder-update

Related Tickers: TUYA

TL;DR

**Insider Yaona Lin still holds Tuya (TUYA) shares, signaling continued confidence.**

AI Summary

Yaona Lin, a significant shareholder in Tuya Inc. (TUYA), filed an amended SC 13G/A on February 1, 2024, indicating her ownership of Class A ordinary shares as of December 31, 2023. This filing, an amendment to a previous statement, confirms her continued passive investment in the company. For investors, this matters because it signals that a major insider maintains her position, which can be interpreted as a vote of confidence in Tuya's long-term prospects, despite no new buying activity being reported.

Why It Matters

This filing confirms a key insider's continued significant ownership in Tuya Inc., providing transparency into major shareholder positions and potentially influencing investor sentiment.

Risk Assessment

Risk Level: low — This filing is an amendment confirming existing ownership, not a new transaction, and therefore presents minimal new risk.

Analyst Insight

Smart investors should note the continued insider holding as a sign of stability, but recognize that this filing doesn't indicate new buying or selling activity, so it's unlikely to be a catalyst for immediate price changes. Further research into Tuya's financials and market position is warranted.

Key Numbers

  • US$0.00005 — par value per share (Par value of Tuya Inc.'s Class A ordinary shares)
  • 90114C107 — CUSIP Number (CUSIP number assigned to Tuya Inc.'s American Depositary Shares (ADSs))
  • 1 — ADSs per Class A ordinary share (Each ADS represents one Class A ordinary share of Tuya Inc.)

Key Players & Entities

  • Yaona Lin (person) — Reporting Person, significant shareholder of Tuya Inc.
  • Tuya Inc. (company) — Subject Company, issuer of the Class A ordinary shares
  • People's Republic of China (company) — Citizenship or Place of Organization for Yaona Lin
  • ANYWINK LTD (company) — Group Member listed in the filing
  • 06 Technology (company) — Organization Name associated with the subject company data

Forward-Looking Statements

  • Yaona Lin will maintain her current ownership stake in Tuya Inc. for the foreseeable future. (Yaona Lin) — medium confidence, target: Q3 2024
  • Tuya Inc.'s stock price will not see significant movement directly attributable to this specific filing. (Tuya Inc.) — high confidence, target: Q2 2024

FAQ

What is the purpose of this specific SC 13G/A filing?

This is an Amendment No. 1 to a Schedule 13G filing, indicating that Yaona Lin is updating previously disclosed information regarding her beneficial ownership of Tuya Inc.'s Class A ordinary shares, as required by Rule 13d-1(d) of the Securities Exchange Act of 1934.

Who is the reporting person in this filing?

The reporting person is Yaona Lin, whose citizenship or place of organization is listed as the People's Republic of China.

What is the subject company and the class of securities involved?

The subject company is Tuya Inc., and the class of securities is Class A ordinary shares, with a par value of US$0.00005 per share. These shares are represented by American Depositary Shares (ADSs) quoted on the NYSE under the symbol "TUYA".

What was the date of the event that triggered this filing?

The date of the event which required the filing of this statement was December 31, 2023.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(d) of the Securities Exchange Act of 1934, as indicated by the checked box on the cover page.

Filing Stats: 1,099 words · 4 min read · ~4 pages · Grade level 10.3 · Accepted 2024-02-01 16:00:38

Key Financial Figures

  • $0.00005 — Class A ordinary shares, par value US$0.00005 per share (Title of Class of Securiti

Filing Documents

Ownership

Item 4. Ownership (a) The information required by Items 4(a) is set forth in Row (9) of the cover page for each Reporting Person and is incorporated herein by reference. (b) Percent of class determined is based on 504,387,299 class A ordinary shares of the Issuer outstanding as of December 31, 2023, based on information provided by the Issuer. The information required by Items 4(b) is set forth in Row (11) of the cover page for each Reporting Person and is incorporated herein by reference. Yaona Lin may be deemed to beneficially own 25,200,000 class A ordinary shares of the Issuer held of record by Anywink Limited, a British Virgin Islands company wholly owned by Yaona Lin. (c) The information required by Items 4(c) is set forth in Rows (5)-(8) of the cover page for each Reporting Person and is incorporated herein by reference. As shown from the percentage of class, each of Yaona Lin and Anywink Limited has ceased to be a beneficial owner of more than five percent of Class A ordinary shares of the Issuer. The filing of this Amendment No. 1 constitutes an exit filing for each of Yaona Lin and Anywink Limited.

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 Person

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

Identification and classification of the subsidiary which acquired the security being reported on by

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.

Certifications

Item 10. Certifications. Not applicable. Page 5 of 6

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 1, 2024 Yaona Lin By: /s/ Yaona Lin Anywink Limited By: /s/ Yaona Lin Name: Yaona Lin Title: Director Page 6 of 6 EXHIBIT INDEX Exhibit No. Description 99.1 Joint Filing Agreement

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