Ye Fen Amends LXEH Stake via Mengxiang Holdings, Passive Ownership

TL;DR

**Ye Fen updated her passive stake in Lixiang Education Holding Co. Ltd. (LXEH) as of December 31, 2023.**

AI Summary

Ye Fen, through Mengxiang Holdings Ltd and Mengxiang Investment Co., Ltd, filed an Amendment No. 3 to Schedule 13G for Lixiang Education Holding Co. Ltd. (LXEH) on February 7, 2024, reporting their ownership as of December 31, 2023. This filing indicates a passive ownership stake, which is important for investors as it shows a significant shareholder's position without suggesting an intent to influence company management. Investors should note that each American Depositary Share (ADS) of LXEH, quoted under symbol "LXEH," represents 5 ordinary shares.

Why It Matters

This filing updates the public on a significant shareholder's stake in Lixiang Education Holding Co. Ltd., providing transparency for current and prospective investors regarding ownership structure.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing, indicating no immediate change in company control or strategy.

Analyst Insight

Investors should note the passive nature of this significant ownership stake, indicating no immediate activist intentions, and consider how this stability might impact long-term valuation.

Key Numbers

• 5 — ordinary shares per ADS (important for converting ADS holdings to ordinary share counts)
• 53934A115 — CUSIP Number (identifies the American Depositary Shares (ADSs) of the issuer)

Key Players & Entities

• Ye Fen (person) — reporting person and beneficial owner
• Lixiang Education Holding Co. Ltd. (company) — the issuer of the securities
• Mengxiang Holdings Ltd (company) — group member associated with the reporting person
• Mengxiang Investment Co., Ltd (company) — group member associated with the reporting person
• $0.0001 (dollar_amount) — par value per ordinary share

Forward-Looking Statements

• Ye Fen will maintain a passive investment stance in Lixiang Education Holding Co. Ltd. (Ye Fen) — high confidence, target: next 12 months

FAQ

Key Financial Figures

• $0.0001 — of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• ea193021-13ga3ye_lixiang.htm (SC 13G/A) — 74KB
• 0001213900-24-010699.txt ( ) — 75KB

From the Filing

SC 13G/A 1 ea193021-13ga3ye_lixiang.htm AMENDMENT NO. 3 TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3 )* Lixiang Education Holding Co., Ltd. (Name of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securities) 53934A115** (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. ** CUSIP number 53934A115 has been assigned to the American Depositary Shares (“ADSs”) of the Issuer, which are quoted on The Nasdaq Global Market under the symbol “LXEH”. Each ADS represents 5 ordinary shares of the Issuer. No CUSIP number has been assigned to the ordinary shares of the Issuer. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise CUSIP No. 53934A115 SCHEDULE 13G 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Fen Ye 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization People’s Republic of China Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 47,500,000 (See Item 4) 6 Shared Voting Power 0 7 Sole Dispositive Power 47,500,000 (See Item 4) 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 47,500,000 (See Item 4) 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11 Percent of Class Represented by Amount in Row (9) 40.7% (See Item 4) 12 Type of Reporting Person (See Instructions) IN 2 CUSIP No. 53934A115 SCHEDULE 13G 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Mengxiang Holdings Limited 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization British Virgin Islands Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 45,000,000 (See Item 4) 6 Shared Voting Power 0 7 Sole Dispositive Power 45,000,000 (See Item 4) 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 45,000,000 (See Item 4) 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11 Percent of Class Represented by Amount in Row (9) 38.6% (See Item 4) 12 Type of Reporting Person (See Instructions) CO 3 CUSIP No. 53934A115 SCHEDULE 13G 1 Name of Reporting Persons I.R.S. Identification Nos. of Above Persons (Entities Only) Mengxiang Investment Co., Ltd 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3 SEC Use Only 4 Citizenship or Place of Organization British Virgin Islands Number of Shares Beneficially Owned by Each Reporting Person With 5 Sole Voting Power 2,500,000 (See Item 4) 6 Shared Voting Power 0 7 Sole Dispositive Power 2,500,000 (See Item 4) 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 2,500,000 (See Item 4) 10 Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11 Percent of Class Represented by Amount in Row (9) 2.1% (See Item 4) 12 Type of Reporting Person (See Instructions) CO 4 CUSIP No. 53934A115 SCHEDULE 13G Item 1. (a) Name of Issuer: Lixiang Education Holding Co., Ltd. (the “Issuer”) (b) Address of Issuer’s Principal Executive Offices: No. 818 Hua Yuan Street, Liandu District, Lishui City, Zhejiang Province, 323000, People’s Republic of China. Item 2. (a) Name of Person Filing: (1) Fen Ye (“Ms. Ye”) (2) Mengxiang Holdings Limited (“Mengxiang Holdings”) (3) Mengxiang Investment Co., Ltd. (“Mengxiang Investment”) This Amendment No.3 to Schedule 13G is being jointly filed by Ms. Ye, Mengxiang Holdings and Mengxiang Investment (collectively, the “Filing Persons”). The Filing Persons have entered into a Joint Filing Agreement, dated February 14, 2023, pursuant to which the Filing Persons agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k) under the Act. (b) Address of Principal Bus

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