Sec Form 13G Filing - MORNINGSIDE CHINA TMT FUND IV L.P. filing for XPENG INC. (XPEV) - 2021-02-16

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.        )*

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o    Rule 13d-1(b)
o    Rule 13d-1(c)
x   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.

** There is no CUSIP number assigned to the Class A Ordinary Shares. CUSIP number 98422D105 has been assigned to the American Depositary Shares (“ADSs”) of the Company, which are quoted on the New York Stock Exchange under the symbol “XPEV”.  Each ADS represents two Class A Ordinary Shares.

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 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. 98422D105

(1) TMT General Partner Ltd. is the general partner of Morningside China TMT GP IV, L.P.. Morningside China TMT GP IV, L.P. is the general partner of Morningside China TMT Fund IV, L.P., or Morningside Fund IV, and Morningside China TMT Special Opportunity Fund II, L.P., or Morningside Sidecar II. Morningside Fund IV controls Morningside TMT Holding IV Limited. Morningside Sidecar II controls Morningside Special IV Hong Kong Limited. Morningside TMT Holding IV Limited and Morningside Special IV Hong Kong Limited are the record owner of 30,573,450 Class A Ordinary Shares and the record owner of 7,287,250 Class A Ordinary Shares.

(2) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(3) TMT General Partner Ltd. is the general partner of Morningside China TMT GP IV, L.P.. Morningside China TMT GP IV, L.P. is the general partner of Morningside China TMT Fund IV, L.P., or Morningside Fund IV, and Morningside China TMT Special Opportunity Fund II, L.P., or Morningside Sidecar II. Morningside Fund IV controls Morningside TMT Holding IV Limited. Morningside Sidecar II controls Morningside Special IV Hong Kong Limited. Morningside TMT Holding IV Limited and Morningside Special IV Hong Kong Limited are the record owner of 30,573,450 Class A Ordinary Shares and the record owner of 7,287,250 Class A Ordinary Shares.

(4) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(5) TMT General Partner Ltd. is the general partner of Morningside China TMT GP IV, L.P.. Morningside China TMT GP IV, L.P. is the general partner of Morningside China TMT Fund IV, L.P., or Morningside Fund IV. Morningside Fund IV controls Morningside TMT Holding IV Limited. Morningside TMT Holding IV Limited is the record owner of 30,573,450 Class A Ordinary Shares.

(6) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(7)The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(8)TMT General Partner Ltd. is the general partner of Morningside China TMT GP IV, L.P.. Morningside China TMT GP IV, L.P. is the general partner of Morningside China TMT Special Opportunity Fund II, L.P., or Morningside Sidecar II. Morningside Sidecar II controls Morningside Special IV Hong Kong Limited. Morningside Special IV Hong Kong Limited is the record owner of 7,287,250 Class A Ordinary Shares.

(9)The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(10) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(11) 5Y Capital GP Limited is the general partner of Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P.. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are the record owner of 2,306,975 Class A Ordinary Shares and the record owner of 346,050 Class A Ordinary Shares.

(12) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(13) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(14)The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(15) Shanghai Xingpan Investment Management Consulting Co., Ltd. is the general partner of Shanghai Chenxi Venture Capital Center (Limited Partnership). Shanghai Chenxi Venture Capital Center (Limited Partnership) is the owner of CX TMT Holding IV Limited. CX TMT Holding IV Limited is the record owner of 11,362,975 Class A Ordinary Shares.

(16) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(17) Shanghai Xingpan Investment Management Consulting Co., Ltd. is the general partner of Shanghai Chenxi Venture Capital Center (Limited Partnership). Shanghai Chenxi Venture Capital Center (Limited Partnership) is the owner of CX TMT Holding IV Limited. CX TMT Holding IV Limited is the record owner of 11,362,975 Class A Ordinary Shares.

(18) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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CUSIP No. 98422D105

(19) The ownership percentage of the Reporting Person is calculated based on a total of 956,941,066 as reported to be outstanding in the Company’s prospectus on Form 424B4 filed with the Securities Exchange Commission on December 10th, 2020.

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Item 1.

(a)         Name of Issuer:

XPENG INC.

(b)         Address of Issuer’s Principal Executive Offices:

No. 8 Songgang Road, Changxing Street

Cencun, Tianhe District, Guangzhou

Guangdong 510640

People’s Republic of China

Item 2.

(a)         Name of Person Filing:

I.                    TMT General Partner Ltd.

II.               Morningside China TMT GP IV, L.P.

III.          Morningside China TMT Fund IV, L.P

IV.           Morningside TMT Holding IV Limited

V.                Morningside China TMT Special Opportunity Fund II, L.P.

VI.           Morningside Special IV Hong Kong Limited

VII.      5Y Capital GP Limited

VIII. Evolution Fund I Co-investment, L.P.

IX.           Evolution Special Opportunity Fund I, L.P.

X.                Shanghai Xingpan Investment Management Consulting Co., Ltd.

XI.           Shanghai Chenxi Venture Capital Center (Limited Partnership)

XII.      CX TMT Holding IV Limited

(b)         Address of Principal Business Office or, if none, Residence:

I. II. III. IV.

V. VI. VII.

VIII. & IX.

c/o Suite 905-6, 9th Floor

ICBC Tower, Three Garden Road

Hong Kong

X.                Room 4025, 128 North Zhangjiabang Road, China (Shanghai) Pilot Free Trade Zone

XI.           No. 828-838, Floor 26, Zhangyang Road, China (Shanghai) Pilot Free Trade Zone

XII.      Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands

(c)          Citizenship:

I. II. & III.    Cayman Islands

IV.           Hong Kong

V.                Cayman Islands

VI.           Hong Kong

VII, VIII, IX        Cayman Islands

X&XI        People’s Republic of China

XII.      British Virgin Islands

(d)         Title of Class of Securities:

Class A ordinary shares, par value US$0.00001 per share

(e)          CUSIP Number:

There is no CUSIP number assigned to the Class A Ordinary Shares. CUSIP number 98422D105 has been assigned to the American Depositary Shares (“ADSs”) of the Company, which are quoted on the New York Stock Exchange under the symbol “XPEV”. Each ADS represents two Class A Ordinary Shares.

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Item 3.         If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

Not applicable

Item 4.         Ownership

(a)         Amount beneficially owned:

The information required by Items 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference.

(b)         Percent of class:

The information required by Items 4(a) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference.

(c)          Number of shares as to which the person has:

The information required by Items 4(c) is set forth in Rows 5-8 of the cover page for each Reporting Person and is incorporated herein by reference.

TMT General Partner Ltd. is the general partner of Morningside China TMT GP IV, L.P.. Morningside China TMT GP IV, L.P. is the general partner of Morningside China TMT Fund IV, L.P., or Morningside Fund IV, Morningside China TMT Fund IV Co-Investment, L.P., or Morningside Fund IV Co-Investment, Morningside China TMT Special Opportunity Fund II, L.P., or Morningside Sidecar II. Morningside Fund IV and Morningside Fund IV Co-Investment are owners of Morningside TMT Holding IV Limited. Morningside Sidecar II and Morningside Fund IV Co-Investment are owners of Morningside Special IV Hong Kong Limited. Morningside TMT Holding IV Limited and Morningside Special IV Hong Kong Limited are the record owner of 30,573,450 Class A Ordinary Shares and the record owner of 7,287,250 Class A Ordinary Shares. TMT General Partner Ltd. is controlled by its board consisting of five individuals, including Jianming Shi, Qin Liu, Gerald Lokchung Chan, Maria K. Lam and Makim Wai On Andrew Ma, who have the voting and dispositive powers over the shares held by Morningside TMT Holding IV Limited and Morningside Special IV Hong Kong Limited.

5Y Capital GP Limited is the general partner of Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P.. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are the record owner of 2,306,975 Class A Ordinary Shares and the record owner of 346,050 Class A Ordinary Shares. 5Y Capital GP Limited is controlled by its board consisting of three individuals, including Qin Liu, Wai Shan Wong and Riyaz Hussain Nooruddin, who have the voting and dispositive powers over the shares held by Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P..

Shanghai Xingpan Investment Management Consulting Co., Ltd. is the general partner of Shanghai Chenxi Venture Capital Center (Limited Partnership). Shanghai Chenxi Venture Capital Center (Limited Partnership) is the owner of CX TMT Holding IV Limited. CX TMT Holding IV Limited is the record owner of 11,362,975 Class A Ordinary Shares. Shanghai Xingpan Investment Management Consulting Co., Ltd. is controlled by its investment committee consisting of three individuals, including Qin Liu, Jianming Shi and Yu Cheng who have the voting and dispositive powers over the shares held by CX TMT Holding IV 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 Control 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

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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.

Date: February 16, 2021

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Exhibit Index

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