Zepp Health CEO Huang Wang Updates Beneficial Ownership in SC 13G/A

TL;DR

**Zepp Health CEO Huang Wang just updated his ownership stake, keep an eye on ZEPP.**

AI Summary

Huang Wang, the CEO of Zepp Health Corp, has filed an Amendment No. 6 to his SC 13G, indicating a change in his beneficial ownership of Zepp Health's Class A ordinary shares as of December 31, 2023. This filing, made under Rule 13d-1(d), updates his previous disclosures. For investors, this matters because changes in ownership by key executives like the CEO can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing stock perception.

Why It Matters

This filing updates the public record on the CEO's stake, providing transparency and potentially signaling his long-term commitment to Zepp Health's success.

Risk Assessment

Risk Level: low — This is a routine update to a beneficial ownership filing and does not inherently indicate a significant positive or negative event for the company.

Analyst Insight

Investors should note this routine update to CEO ownership and consider it as part of a broader analysis of insider activity and company fundamentals, rather than a standalone buy/sell signal.

Key Numbers

• $0.0001 — Par Value per Share (The par value of Zepp Health's Class A ordinary shares.)
• 4 — Shares per ADS (Each American Depositary Share (ADS) represents four Class A ordinary shares.)
• 44331K 103 — CUSIP Number (CUSIP number assigned to the ADSs of Zepp Health Corp.)

Key Players & Entities

• Huang Wang (person) — CEO and reporting person for Zepp Health Corp
• Zepp Health Corp (company) — The issuer of the securities
• HHTECH HOLDING LTD (company) — Group member related to the filing
• WAYNE HOLDING LTD (company) — Group member related to the filing
• $0.0001 (dollar_amount) — Par value per Class A ordinary share

Forward-Looking Statements

• Huang Wang will maintain a significant ownership stake in Zepp Health Corp. (Huang Wang) — high confidence, target: 2025-12-31

FAQ

Key Financial Figures

• $0.0001 — Class A ordinary shares, par value of $0.0001 per share (Title of Class of Securitie

Filing Documents

• tm243520d1_sc13ga.htm (SC 13G/A) — 65KB
• 0001104659-24-004955.txt ( ) — 66KB

(a). Name of Issuer

Item 1(a). Name of Issuer: Zepp Health Corporation (the "Issuer")

(b). Address of Issuer's Principal

Item 1(b). Address of Issuer's Principal Executive Offices: Huami Global Innovation Center, Building B2, Zhong'an Chuanggu Technology Park, No.900 Wangjiang West Road, Hefei, 230088, People's Republic of China

(a). Name of Person Filing

Item 2(a). Name of Person Filing: Wang Huang, Wayne Holding Limited and HHtech Holdings Limited (collectively, the "Reporting Persons")

(b). Address of Principal Business

Item 2(b). Address of Principal Business Office or, if none, Residence: The address of Wang Huang is Huami Global Innovation Center, Building B2, Zhong'an Chuanggu Technology Park, No.900 Wangjiang West Road, Hefei, 230088, People's Republic of China. The address of Wayne Holding Limited is Maystar Chambers, P.O. Box 3269, Apia, Samoa. The address of HHtech Holdings Limited is the office of NovaSage Chambers, P.O. Box 4389, Road Town, Tortola, British Virgin Islands.

(c) Citizenship

Item 2(c) Citizenship: Wang Huang is a citizen of the People's Republic of China. Wayne Holding Limited is a business company incorporated in Samoa. HHtech Holdings Limited is a business company incorporated in British Virgin Islands.

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities: Class A ordinary shares, par value of $0.0001 per share The Issuer's ordinary shares consist of Class A ordinary shares and Class B ordinary shares. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to ten votes per share on all matters submitted to them for a vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

(e). CUSIP Number

Item 2(e). CUSIP Number: There is no CUSIP number assigned to the Class A ordinary shares. CUSIP number 44331K 103 has been assigned to the ADSs.

If

Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a: Not applicable

Ownership

Item 4. Ownership: The following information with respect to the 4 Reporting Person Amount beneficially owned: Percent of class: Percent of aggregate voting power: Sole power to vote or direct the vote: Shared power to vote or to direct the vote: Sole power to dispose or to direct the disposition of: Shared power to dispose or to direct the disposition of: Wang Huang 88,727,203 36.8 % 63.3 % 69,696,756 19,030,447 69,696,756 0 Wayne Holding Limited 88,667,127 36.8 % 63.3 % 69,636,680 19,030,447 69,636,680 0 HHtech Holdings Limited 88,667,127 36.8 % 63.3 % 69,636,680 19,030,447 69,636,680 0 As of December 31, 2023, Mr. Wang Huang directly held 60,076 Class A ordinary shares of the Issuer in the form of ADSs. As of December 31, 2023, HHtech Holdings Limited directly held 3,800,000 Class A ordinary shares of the Issuer in the form of ADSs and 65,836,680 Class B ordinary shares of the Issuer. In addition, HHtech Holdings Limited was also able to direct the voting of 3,520,000 Class A ordinary shares (including 400,000 Class A ordinary shares in the form of ADSs) and 15,510,447 Class B ordinary shares of the Issuer as a result of the voting agreement between it and Fandler Holding Limited, Forest Mountain Holding Limited, Haiyu Holding Limited, Shu Hill Holding Limited and Wenshui Holding Limited. HHtech Holdings Limited is wholly owned by Wayne Holding Limited, which in turn is wholly owned by a trust established for the benefit of Mr. Wang Huang and his family members. Mr. Huang is also the settlor and investment decision maker of the abovementioned trust. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, HHtech Holdings Limited may be deemed to enjoy the shared voting power, thus the biennial ownership, of the 3,520,000 Cl

Ownership of Five Percent or Less

Item 5. Ownership of Five Percent or Less of a Class: Not applicable

Ownership of More than Five Percent

Item 6. Ownership of More than Five Percent on Behalf of Another Person: Not applicable 5

Identification and Classification

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person: Not applicable

Identification and Classification

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 6 LIST OF EXHIBITS Exhibit No. Description A* Joint Filing Agreement Note: * Previously filed 7 SIGNATURE 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. Dated: January 19, 2024 Wang Huang /s/ Wang Huang Wayne Holding Limited By: /s/ Wang Huang Name: Wang Huang Title: Director HHtech Holdings Limited By: /s/ Wang Huang Name: Wang Huang Title: Director 8

View Full Filing

View this SC 13G/A filing on SEC EDGAR