Filing Details

Accession Number:
0001193125-23-039039
Form Type:
13G Filing
Publication Date:
2023-02-13 19:00:00
Filed By:
Hu Huazhi
Company:
Ehang Holdings Ltd (NASDAQ:EH)
Filing Date:
2023-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Huazhi Hu 39,946,818 0 39,946,818 0 39,946,818 35.1%
Genesis Rising Limited 39,276,560 0 39,276,560 0 39,276,560 34.5%
Filing

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO. 3)*

 

 

EHang Holdings Limited

(Name of Issuer)

Class A ordinary shares, par value US$0.0001 per share

(Title of Class of Securities)

26853E 102**

(CUSIP Number)

December 31, 2022

(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 persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

**

CUSIP number 26853E 102 has been assigned to the American depositary shares (ADSs) of the Issuer, which are quoted on The Nasdaq Global Market under the symbol EH. Each ADS represents two Class A ordinary shares of the Issuer. No CUSIP has been assigned to the Issuers Class A ordinary shares.

The information required on 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 subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 26853E 102    Schedule 13G    Page 2 of 7 Pages

 

  1    

  Name of Reporting Person

 

  Huazhi Hu

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)     ☐     (b)     ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Peoples Republic of China

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5    

  Sole Voting Power

 

  39,946,818(1)

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  39,946,818(1)

   8  

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  39,946,818(1)

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  35.1%(2)

12  

  Type of Reporting Person

 

  IN

 

(1)

Represents (i) 250,000 Class A ordinary shares and 39,026,560 Class B ordinary shares held by Genesis Rising Limited, a British Virgin Islands company wholly owned by Mr. Huazhi Hu, and (ii) 335,129 ADSs, representing 670,258 Class A ordinary shares, directly held by Mr. Huazhi Hu. During the year ended December 31, 2022, Genesis Rising Limited transferred (a) an aggregate of 2,000,000 ordinary shares to a former family member of Mr. Huazhi Hu, and (b) an aggregate of 1,710,000 ordinary shares as consideration to purchase shares in a private company. All Class B ordinary shares involved were automatically converted into the same number of Class A ordinary shares upon such transfers. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to ten votes. 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.

(2)

Calculation is based on a total of 113,860,197 ordinary shares (being the sum of 73,723,637 Class A ordinary shares and 40,136,560 Class B ordinary shares) of the Issuer outstanding as of December 31, 2021, as reported on the cover page of the Issuers Annual Report on Form 20-F for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission on April 28, 2022. Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership of the Reporting Persons.

 

2


CUSIP No. 26853E 102    Schedule 13G    Page 3 of 7 Pages

 

  1    

  Name of Reporting Person

 

  Genesis Rising Limited

  2  

  Check the Appropriate Box if a Member of a Group

 

  (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

 

  39,276,560(3)

   6  

  Shared Voting Power

 

  0

   7  

  Sole Dispositive Power

 

  39,276,560(3)

   8  

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  39,276,560(3)

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  34.5%(4)

12  

  Type of Reporting Person

 

  CO

 

 

(3)

Represents 250,000 Class A ordinary shares and 39,026,560 Class B ordinary shares held by Genesis Rising Limited. During the year ended December 31, 2022, Genesis Rising Limited transferred (a) an aggregate of 2,000,000 ordinary shares to a former family member of Mr. Huazhi Hu, and (b) an aggregate of 1,710,000 ordinary shares as consideration to purchase shares in a private company. All Class B ordinary shares involved were automatically converted into the same number of Class A ordinary shares upon such transfers. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to ten votes. 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.

(4)

Calculation is based on a total of 113,860,197 ordinary shares (being the sum of 73,723,637 Class A ordinary shares and 40,136,560 Class B ordinary shares) of the Issuer outstanding as of December 31, 2021, as reported on the cover page of the Issuers Annual Report on Form 20-F for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission on April 28, 2022. Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership of the Reporting Persons.

 

3


CUSIP No. 26853E 102    Schedule 13G    Page 4 of 7 Pages

 

Item 1(a).

  

Name of Issuer:

 

EHang Holdings Limited (the Issuer)

Item 1(b).

  

Address of Issuers Principal Executive Offices:

 

11/F Building One, EHang Technology Park, No.29 Bishan Blvd., Huangpu District, Guangzhou, 510700, Peoples Republic of China

Item 2(a).

  

Name of Person Filing:

 

(i) Huazhi Hu

(ii) Genesis Rising Limited

(collectively, the Reporting Persons).

Item 2(b).

  

Address of Principal Business Office or, if none, Residence:

 

The address of the Reporting Persons is:

 

11/F Building One, EHang Technology Park, No.29 Bishan Blvd., Huangpu District, Guangzhou, 510700, Peoples Republic of China

Item 2(c)

  

Citizenship:

 

Huazhi Huthe Peoples Republic of China

Genesis Rising Limitedthe British Virgin Islands

Item 2(d).

  

Title of Class of Securities:

 

Class A ordinary shares, par value US$0.0001 per share, of the Issuer

 

The Issuers ordinary shares consist of Class A ordinary shares and Class B ordinary shares. Each Class A ordinary share is entitled to one vote and each Class B ordinary share is entitled to ten votes, on all matters submitted to shareholders for 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.

Item 2(e).

  

CUSIP Number:

 

26853E 102

 

This CUSIP number applies to the American depositary shares of the Issuer, each representing two Class A ordinary shares of the Issuer. No CUSIP has been assigned to the Issuers Class A 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 persons filing is a:

 

   Not applicable

 

4


CUSIP No. 26853E 102    Schedule 13G    Page 5 of 7 Pages

 

Item 4.

   Ownership:

 

Reporting Person

 

Amount

beneficially

owned:

 

Percent

of class(1):

  

Percent of

aggregate

voting

power(2):

  

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:

Huazhi Hu

  39,946,818(3)   35.1%    82.3%    39,946,818    0    39,946,818    0

Genesis Rising Limited

  39,276,560(4)   34.5%    82.2%    39,276,560    0    39,276,560    0

 

(1)

The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 113,860,197 ordinary shares (being the sum of 73,723,637 Class A ordinary shares and 40,136,560 Class B ordinary shares) of the Issuer outstanding as of December 31, 2021, as reported on the cover page of the Issuers Annual Report on Form 20-F for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission on April 28, 2022. 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. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership of the Reporting Persons.

(2)

The percentage of voting power is calculated by dividing the voting power beneficially owned by each Reporting Person by the voting power of all of the Issuers Class A ordinary shares and Class B ordinary shares as a single class. Each Class A ordinary share is entitled to one vote and each Class B ordinary share is entitled to ten votes, on all matters submitted to them for vote.

(3)

Represents (i) 250,000 Class A ordinary shares and 39,026,560 Class B ordinary shares held by Genesis Rising Limited, a British Virgin Islands company wholly owned by Mr. Huazhi Hu, and (ii) 335,129 ADSs, representing 670,258 Class A ordinary shares, directly held by Mr. Huazhi Hu.

(4)

Represents 250,000 Class A ordinary shares and 39,026,560 Class B ordinary shares directly held by Genesis Rising Limited.

 

Item 5.

   Ownership of Five Percent or Less of a Class:

 

   Not applicable

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 Controlling Person:

 

  

Not applicable

Item 8.

  

Identification and Classification of Members of the Group:

 

  

Not applicable

Item 9.

  

Notice of Dissolution of Group:

 

  

Not applicable

Item 10.

  

Certifications:

 

  

Not applicable

 

5


CUSIP No. 26853E 102    Schedule 13G    Page 6 of 7 Pages

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99.1    Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to the Schedule 13G filed with the Securities and Exchange Commission by the Reporting Persons with respect to the Issuer on February 14, 2020)

CUSIP No. 26853E 102    Schedule 13G    Page 7 of 7 Pages

 

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: February 14, 2023

 

Huazhi Hu

/s/ Huazhi Hu

Genesis Rising Limited

By:

 

/s/ Huazhi Hu

Name:

 

Huazhi Hu

Title:

 

Director

 

7