SC 13D/A 1 sched13da4.htm FROM SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

 (Amendment No.4)*

 

 

So-Young International Inc.

(Name of Issuer)

Class A Ordinary Shares, $0.0005 par value per share**

American Depositary Shares

(Title of Class of Securities)

83356Q108

(CUSIP Number)

c/o Suite 2901, 29th Floor, the Center

99 Queen's Road Central, Central, Hong Kong

Attention: Ms. Lam Lai Ming

 

Telephone: +852 2115 8810

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

 

February 4, 2020

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.   ☐

 

*

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 disclosures provided in a prior cover page.

**

Not for trading, but in connection with the registration of American Depositary Shares, 13 American depositary shares represent 10 Class A ordinary shares.

***

CUSIP number of the American Depositary Shares.

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

 

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. 83356Q108   13D/A   Page 1 

 

  1   

Names of reporting persons

 

Absolute Fortune Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

PF

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

2,616,027 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

2,616,027 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

2,616,027 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

3.02%*

14  

Type of reporting person (see instructions)

 

CO

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 2 

 

  1   

Names of reporting persons

 

Orchid Asia VI, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

2,485,226 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

2,485,226 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

2,485,226 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

2.87%*

14  

Type of reporting person (see instructions)

 

PN

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 3 

 

  1   

Names of reporting persons

 

Orchid Asia V Co-Investment, Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

130,801 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

130,801 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

130,801 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

0.15%*

14  

Type of reporting person (see instructions)

 

CO

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 4 

 

  1   

Names of reporting persons

 

OAVI Holdings, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

2,485,226 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

2,485,226 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

2,485,226 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

2.87%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 5 

 

  1   

Names of reporting persons

 

Orchid Asia VI GP, Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

2,485,226 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

2,485,226 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

2,485,226 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

2.87%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 6 

 

  1   

Names of reporting persons

 

Golden Horizon Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

PF

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

4,029,756 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

4,029,756 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

4,029,756 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

4.65%*

14  

Type of reporting person (see instructions)

 

CO

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 7

 

  1   

Names of reporting persons

 

Orchid Asia VII, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

PF

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

8,949,187 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

8,949,187 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

8,949,187 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

10.33%*

14  

Type of reporting person (see instructions)

 

PN

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 8

 

  1   

Names of reporting persons

 

Orchid Asia VII Co-Investment, Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

PF

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

657,985 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

657,985 ADS 

11   

Aggregate amount beneficially owned by each reporting person

 

657,985 ADS 

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

0.76%*

14  

Type of reporting person (see instructions)

 

CO

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 9

 

  1   

Names of reporting persons

 

OAVII Holdings, L.P.

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

8,949,187 ADS 

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

8,949,187 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

8,949,187 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

10.33%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 10

 

  1   

Names of reporting persons

 

Orchid Asia VII GP, Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

8,949,187 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

8,949,187 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

8,949,187 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

10.33%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 11

 

  1   

Names of reporting persons

 

Orchid Asia V Group Management, Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

11,434,413 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

11,434,413 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

11,434,413 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

13.20%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 12

 

  1   

Names of reporting persons

 

Orchid Asia V Group, Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Cayman Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

11,434,413 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

11,434,413 ADS 

11   

Aggregate amount beneficially owned by each reporting person

 

11,434,413 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

13.20%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 13

 

  1   

Names of reporting persons

 

AREO Holdings Limited

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

British Virgin Islands

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

12,223,199 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

12,223,199 ADS 

11   

Aggregate amount beneficially owned by each reporting person

 

12,223,199 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

14.11%*

14  

Type of reporting person (see instructions)

 

HC

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 14

 

  1   

Names of reporting persons

 

Ms. Lam Lai Ming

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Source of funds (see instructions)

 

N/A

  5  

Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e)

 

  6  

Citizenship or place of organization

 

Hong Kong

Number of

shares

beneficially

owned by

each

reporting

person

with

 

     7    

Sole voting power

 

0

     8   

Shared voting power

 

12,223,199 ADS

     9   

Sole dispositive power

 

0

   10   

Shared dispositive power

 

12,223,199 ADS

11   

Aggregate amount beneficially owned by each reporting person

 

12,223,199 ADS

12  

Check box if the aggregate amount in Row (11) excludes certain shares (see instructions)

 

13  

Percent of class represented by amount in Row (11)

 

14.11%*

14  

Type of reporting person (see instructions)

 

IN

* Calculated using the number of outstanding Class A ordinary shares of 66,613,419 as reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 American depositary shares represent 10 Class A ordinary shares.


CUSIP No. 83356Q108   13D/A   Page 15

 

This statement constitutes Amendment No.4 to the Schedule 13D relating to the Class A ordinary shares, par value of $0.0005 per share, of So-Young International Inc. (the "Issuer"), and hereby amends the Schedule 13D filed with the Securities and Exchange Commission on November 1, 2019 (as previously amended, the "Statement") to furnish the additional information set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Statement.

 Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION      

 Item 3 of the Statement is hereby amended and replaced entirely as follows:

From August 30, 2019 to February 4, 2020, Orchid Asia VII, L.P. and Orchid Asia VII Co-Investment, Limited respectively purchased 5,201,513 and 375,903 American Depositary Shares ("ADS"), 13 of which represent 10 Class A ordinary shares of the Issuer. A total of US$64,814,105.75 was paid to acquire the ADS.

Orchid Asia VII, L.P. and Orchid Asia VII Co-Investment, Limited purchased the ADS using the cash on hand.

 

Item 5. INTEREST IN SECURITIES OF THE ISSUER    

Items 5(a) of the Statement is hereby amended and restated as follows:

(a)    Each of the Reporting Persons' current ownership in the securities of the Issuer is set forth on the cover pages to this Statement and is incorporated by reference herein. The ownership percentage appearing on such pages has been calculated based on 66,613,419 Class A ordinary shares outstanding as of September 30, 2019, reported to be outstanding in the Issuer's Form 6-K filed with the Securities Exchange Commission on December 5, 2019. 13 ADS represent 10 Class A ordinary shares.

Absolute Fortune Limited beneficially owns Class A ordinary shares/ADS that are equivalent to 2,616,027 ADS, which represents approximately 3.02% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Orchid Asia VI, L.P. may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 2,485,226 ADS, which represents approximately 2.87% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Orchid Asia V Co-Investment, Limited may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 130,801 ADS, which represents approximately 0.15% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

OAVI Holdings, L.P. may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 2,485,226 ADS, which represents approximately 2.87% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

 Orchid Asia VI GP, Limited may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 2,485,226 ADS, which represents approximately 2.87% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Golden Horizon Limited beneficially owns Class A ordinary shares/ADS that are equivalent to 4,029,756 ADS, which represents approximately 4.65% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Orchid Asia VII, L.P. beneficially owns Class A ordinary shares/ADS that are equivalent to 5,201,513 ADS and may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 3,747,674 ADS, which represents approximately 10.33% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Orchid Asia VII Co-Investment Limited beneficially owns Class A ordinary shares/ADS that are equivalent to 375,903 ADS and may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 282,082 ADS, which represents approximately 0.76% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

OAVII Holdings, L.P. may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 8,949,187 ADS, which represents approximately 10.33% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Orchid Asia VII GP, Limited may be deemed to beneficially own Class A ordinary shares/ADS that are equivalent to 8,949,187 ADS, which represents approximately 10.33% of the Issuer's outstanding shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

Each of Orchid Asia V Group Management, Limited and Orchid Asia V Group, Limited may be deemed to own an aggregate of Class A ordinary shares/ADS that are equivalent to 11,434,413 ADS, which constitutes approximately 13.20% of the Issuer's outstanding shares, calculated in accordance with Rule 13d-3 under the Act.

Each of AREO Holdings Limited and Ms. Lam Lai Ming may be deemed to beneficially own an aggregate of Class A ordinary shares/ADS that are equivalent to 12,223,199 ADS, which constitutes approximately 14.11% of the Issuer's outstanding shares, calculated in accordance with Rule 13d-3 under the Act.    


CUSIP No. 83356Q108 13D/A Page 16

 

Items 5(c) of the Statement is hereby amended and restated as follows:

(c)    The following table sets forth all transactions with respect to ADS effected during the past sixty (60) days by any of the Reporting Persons. Except as otherwise noted below, all such transactions were purchases of ADS effected in the open market.  

 

Name of Reporting Person
Date of Transaction Quantity
Price ($)
 
Orchid Asia VII, L.P.
08/30/2019  608,302 11.83
Orchid Asia VII, L.P.
09/03/2019  295,398 11.21
Orchid Asia VII, L.P. 09/04/2019 160,546 11.46
Orchid Asia VII, L.P.
09/05/2019 157,508 11.23
Orchid Asia VII, L.P. 09/10/2019 12,364 11.01
Orchid Asia VII, L.P. 09/11/2019 67,922 10.99
Orchid Asia VII, L.P.
09/12/2019 46,236 11.00
Orchid Asia VII, L.P.
10/16/2019 6 8.70
Orchid Asia VII, L.P.
10/17/2019 4,058 8.68
Orchid Asia VII, L.P.
10/18/2019 62,300 8.88
Orchid Asia VII, L.P.
10/22/2019 263,400 8.96
Orchid Asia VII, L.P.
10/24/2019 4,196 8.99
Orchid Asia VII, L.P.
10/25/2019 11,228 9.50
Orchid Asia VII, L.P. 10/28/2019 269,367 10.40
Orchid Asia VII, L.P.
10/29/2019 20,000 10.21
Orchid Asia VII, L.P. 11/04/2019 55,255 10.94
Orchid Asia VII, L.P. 11/05/2019 80,000 10.97
Orchid Asia VII, L.P.
11/11/2019 81,100 12.00
Orchid Asia VII, L.P.
11/12/2019 51,535 11.79
Orchid Asia VII, L.P.
11/13/2019 84,728 11.80
Orchid Asia VII, L.P.
11/14/2019 114,991 11.78
Orchid Asia VII, L.P.
11/18/2019 148,513 11.99
Orchid Asia VII, L.P. 11/19/2019 134,965 11.99
Orchid Asia VII, L.P. 11/21/2019 138,758 11.66
Orchid Asia VII, L.P. 11/25/2019 200 11.97
Orchid Asia VII, L.P. 11/27/2019 50,100 11.77
Orchid Asia VII, L.P. 11/29/2019 95,269 11.90
Orchid Asia VII, L.P. 12/02/2019 72,463 11.79
Orchid Asia VII, L.P. 12/05/2019 84,647 11.98
Orchid Asia VII, L.P. 12/06/2019 174,779 12.17
Orchid Asia VII, L.P. 12/09/2019 186,937 11.81
Orchid Asia VII, L.P. 12/10/2019 357,999 11.82
Orchid Asia VII, L.P. 12/12/2019 200,831 11.99
Orchid Asia VII, L.P. 12/13/2019 39,600 11.99
Orchid Asia VII, L.P. 12/19/2019 41,600 12.28
Orchid Asia VII, L.P. 12/23/2019 100,000 12.35
Orchid Asia VII, L.P. 12/24/2019 74,027 12.19
Orchid Asia VII, L.P. 12/26/2019 100,000 12.17
Orchid Asia VII, L.P. 12/27/2019 247,604 11.99
Orchid Asia VII, L.P. 12/30/2019 40,000 11.68
Orchid Asia VII, L.P. 12/31/2019 30,500 11.94
Orchid Asia VII, L.P. 01/02/2020 121,757 12.17
Orchid Asia VII, L.P. 01/10/2020 70,000 13.97
Orchid Asia VII, L.P. 01/14/2020 3,600 14.16
Orchid Asia VII, L.P. 01/15/2020 35,000 14.19
Orchid Asia VII, L.P. 01/21/2020 31,430 14.20
Orchid Asia VII, L.P. 01/23/2020 51,710 13.78
Orchid Asia VII, L.P. 01/27/2020 19,072 12.65
Orchid Asia VII, L.P. 01/30/2020 15,586 12.40
Orchid Asia VII, L.P. 02/04/2020 84,126 12.93
       
Orchid Asia VII Co-Investment, Limited
08/30/2019 45,600 11.84
Orchid Asia VII Co-Investment, Limited
09/03/2019 25,000 11.19
Orchid Asia VII Co-Investment, Limited
09/04/2019 12,000 11.47
Orchid Asia VII Co-Investment, Limited
09/05/2019 11,444 11.23
Orchid Asia VII Co-Investment, Limited
09/11/2019 4,700 11.00
Orchid Asia VII Co-Investment, Limited
09/12/2019 3,000 11.00
Orchid Asia VII Co-Investment, Limited
10/17/2019 802 8.88
Orchid Asia VII Co-Investment, Limited
10/18/2019 4,350 8.88
Orchid Asia VII Co-Investment, Limited
10/22/2019 18,200 8.96
Orchid Asia VII Co-Investment, Limited
10/28/2019 19,400 10.40
Orchid Asia VII Co-Investment, Limited
11/04/2019 2,850 10.91
Orchid Asia VII Co-Investment, Limited
11/05/2019 7,893 10.96
Orchid Asia VII Co-Investment, Limited
11/11/2019 7,900 12.00
Orchid Asia VII Co-Investment, Limited
11/12/2019 3,315 11.78
Orchid Asia VII Co-Investment, Limited
11/13/2019 5,634 11.79
Orchid Asia VII Co-Investment, Limited
11/14/2019 4,587 11.79
Orchid Asia VII Co-Investment, Limited
11/18/2019 10,500 11.99
Orchid Asia VII Co-Investment, Limited 11/19/2019 9,300 11.99
Orchid Asia VII Co-Investment, Limited 11/21/2019 11,000 11.69
Orchid Asia VII Co-Investment, Limited 11/27/2019 3,300 11.78
Orchid Asia VII Co-Investment, Limited 11/29/2019 4,500 11.94
Orchid Asia VII Co-Investment, Limited 12/02/2019 4,500 11.77
Orchid Asia VII Co-Investment, Limited 12/05/2019 6,000 11.99
Orchid Asia VII Co-Investment, Limited 12/06/2019 15,000 12.17
Orchid Asia VII Co-Investment, Limited 12/09/2019 14,300 11.82
Orchid Asia VII Co-Investment, Limited 12/10/2019 25,500 11.82
Orchid Asia VII Co-Investment, Limited 12/12/2019 16,500 11.99
Orchid Asia VII Co-Investment, Limited 12/13/2019 2,800 12.00
Orchid Asia VII Co-Investment, Limited 12/19/2019 2,800 12.26
Orchid Asia VII Co-Investment, Limited 12/23/2019 7,000 12.31
Orchid Asia VII Co-Investment, Limited 12/24/2019 5,600 12.19
Orchid Asia VII Co-Investment, Limited 12/26/2019 7,000 12.18
Orchid Asia VII Co-Investment, Limited 12/27/2019 18,000 11.98
Orchid Asia VII Co-Investment, Limited 12/30/2019 2,800 11.69
Orchid Asia VII Co-Investment, Limited 12/31/2019 2,200 11.92
Orchid Asia VII Co-Investment, Limited 01/02/2020 8,400 12.16
Orchid Asia VII Co-Investment, Limited 01/10/2020 5,200 13.97
Orchid Asia VII Co-Investment, Limited 01/14/2020 34 14.20
Orchid Asia VII Co-Investment, Limited 01/15/2020 2,200 14.18
Orchid Asia VII Co-Investment, Limited 01/21/2020 2,240 14.20
Orchid Asia VII Co-Investment, Limited 01/23/2020 3,192 13.79
Orchid Asia VII Co-Investment, Limited 01/27/2020 1,800 12.65
Orchid Asia VII Co-Investment, Limited 01/30/2020 1,000 12.40
Orchid Asia VII Co-Investment, Limited 02/04/2020 6,562 12.93


CUSIP No. 83356Q108 13D/A Page 17

 

SIGNATURES

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.

Date: February 4, 2020

 

Absolute Fortune Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia VI, L.P.

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia V Co-Investment, Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
OAVI Holdings, L.P.

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia VI GP, Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Golden Horizon Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia VII, L.P.

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia VII Co-Investment, Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
OAVII Holdings, L.P.

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia VII GP, Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia V Group Management, Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Orchid Asia V Group, Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
AREO Holdings Limited

/s/ Gabriel Li

Name: Gabriel Li
Title: Authorized Representative
Lam Lai Ming

/s/ Lam Lai Ming