HUYA Inc. has a reported passive beneficial ownership position of 4,664,613 Class A ordinary shares, equal to approximately 5.98% of the class. OLP Capital Management Limited, Richard Li and Di Fan Shen say the securities were not acquired to change or influence HUYA’s control, giving investors the stated ownership classification.

Key Highlights

  • HUYA’s ownership percentage is calculated against 77,979,576 ordinary shares outstanding as of June 30.
  • OLP Capital Management Limited holds sole voting and disposal power over the reported position.
  • OLP is a Hong Kong private company, while Richard Li and Di Fan Shen are Canadian citizens.

Reported Position

The article describes a position of 4,664,613 Class A shares associated with HUYA. OLP Capital Management Limited, Richard Li, and Di Fan Shen are each identified as beneficial owners of that position as of August 25.

The reported position is presented as a beneficial ownership interest rather than as three separate blocks of shares. The article states that the securities were not acquired or held to change or influence HUYA’s control.

OLP’s Authority

OLP Capital Management Limited holds sole voting power over the reported position. It also holds sole disposal power, meaning the article attributes both listed forms of authority over the shares to OLP.

The article identifies OLP as an organisation established as a private company under Hong Kong law. This organisational description accompanies the ownership and power information for the reported position.

Li and Shen’s Powers

Richard Li and Di Fan Shen each have shared voting power over 4,664,613 ordinary shares. They also each have shared disposal power over the same number of ordinary shares.

In contrast, each of Li and Shen has sole power over 0 ordinary shares. Accordingly, the article describes their reported authority as shared rather than sole for both voting and disposal purposes.

Ownership Percentage

The approximately 5.98% ownership calculation uses 77,979,576 ordinary shares outstanding as of June 30. The article states that this share count was reported on August 12.

The reported percentage therefore relates the 4,664,613-share position to the stated outstanding-share figure. The article presents the percentage as approximately 5.98%, rather than as a more precise ownership calculation.

Relevant Dates

The beneficial ownership position is identified as of August 25. That date describes when the reported ownership information applies.

The ownership statement was signed by the reporting persons on August 27. The article separately notes that the outstanding-share count, dated June 30, was reported on August 12, so the dates refer to different aspects of the disclosure.

Persons and Jurisdictions

Richard Li and Di Fan Shen are identified as citizens of Canada. Their citizenship information is provided alongside the description of their shared voting and disposal power.

OLP is organised as a private company under Hong Kong law. Together, these details identify the reporting persons’ stated organisational and citizenship backgrounds without changing the reported share position or the approximately 5.98% ownership calculation.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1728190/000173812626000010/primary_doc.xml