Sec Form 13G Filing - Zhuhai Qiben Information Technology Co. Ltd. filing for Qifu Technology Inc. (QFIN) - 2021-02-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 1)*

 

360 DigiTech, Inc.

(Name of Issuer)

 

Class A ordinary shares, $0.00001 par value per share

(Title of Class of Securities)

 

88557W 101**

(CUSIP Number)

 

December 31, 2020

(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 disclosures provided in a prior cover page.

 

** CUSIP number  88557W 101 has been assigned to the American depositary shares (“ADSs”) of the issuer, which are quoted on The Nasdaq Global Select Market under the symbol “QFIN.” Each ADS represent two class A ordinary shares of the issuer. No CUSIP number has been assigned to the class A 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 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. 88557W 101

13G

 

 

 

1

Name of Reporting Person
Sagittarius Company Limited

 

 

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

 

 

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
20,885,262

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
20,885,262

 

 

8

Shared Dispositive Power
0

 

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
20,885,262

 

 

 

 

10

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

 

 

 

 

11

Percent of Class Represented by Amount in Row 9
6.9%

 

 

 

 

12

Type of Reporting Person
CO

 

2


 

CUSIP No. 88557W 101

13G

 

 

 

1

Name of Reporting Person
Zhuhai Qiben Information Technology Co., Ltd.

 

 

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

 

 

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
20,885,262
1

 

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
20,885,262
1

 

 

8

Shared Dispositive Power
0

 

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
20,885,262
1

 

 

 

 

10

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

 

 

 

 

11

Percent of Class Represented by Amount in Row 9
6.9%. See item 4.

 

 

 

 

12

Type of Reporting Person
CO

 


1                                         Represents 20,885,262 class A ordinary shares in the form of ADS directly held by Sagittarius Company Limited, a company incorporated in the British Virgin Islands. Sagittarius Company Limited is wholly owned by Zhuhai Qiben Information Technology Co., Ltd.

 

3


 

Item 1(a).

Name of Issuer:
360 DigiTech, Inc.  (the “Issuer”)

Item 1(b).

Address of Issuer’s Principal Executive Offices:
7/F Lujiazui Finance Plaza, No. 1217 Dongfang Road, Pudong New Area, Shanghai 200122, People’s Republic of China

 

Item 2(a).

Name of Person Filing:
(i) Sagittarius Company Limited; and

(ii) Zhuhai Qiben Information Technology Co., Ltd. (collectively, the “Reporting Persons”)

Item 2(b).

Address of Principal Business Office or, if none, Residence:
For Sagittarius Company Limited
Start Chambers, Wickham’s Cay II, P. O. Box 2221, Road Town, Tortola, British Virgin Islands

 

For Zhuhai Qiben Information Technology Co., Ltd.
Room 103-36, Building A, Dong’ao Cultural Center Building, Wanshan Town, Zhuhai

Item 2(c)

Citizenship:
Sagittarius Company Limited - British Virgin Islands

Zhuhai Qiben Information Technology Co., Ltd. - People’s Republic of China

Item 2(d).

Title of Class of Securities:
Class A ordinary shares, $0.00001 par value per share, of the Issuer

 

The Issuer’s ordinary shares consist of class A ordinary shares and class B ordinary shares. Each holder of class A ordinary shares is entitled to one vote per share and each holder of class B ordinary shares is entitled to twenty votes per share on all matters submitted to them 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:
88557W 101

 

This CUSIP number applies to the American depositary shares of the Issuer. Each American depositary share represent two class A ordinary shares of the Issuer. No CUSIP number has been assigned to the class A ordinary shares of the Issuer.

 

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

 

 

Item 4.

Ownership:

 

Reporting Person

 

Amount
beneficially
owned:

 

Percent
of class:

 

Percent of
aggregate
voting
power:

 

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sagittarius Company Limited

 

20,885,262

 

6.9

%

2.0

%

20,885,262

 

0

 

20,885,262

 

0

 

Zhuhai Qiben Information Technology Co., Ltd.

 

20,885,262

 

6.9

%

2.0

%

20,885,262

 

0

 

20,885,262

 

0

 

 

4


 

As of December 31, 2020, 20,885,262 class A ordinary shares in the form of ADS were directly held by Sagittarius Company Limited, a company incorporated in the British Virgin Islands. Sagittarius Company Limited is wholly owned by Zhuhai Qiben Information Technology Co., Ltd.

 

The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 304,453,771 ordinary shares (being the sum of 264,633,185 class A ordinary shares and 39,820,586 class B ordinary shares, not including 5,379,264 class A ordinary shares issued to the depositary bank of the Issuer and reserved for future exercise or vesting of equity incentive awards) of the Issuer outstanding as of December 31, 2020. Each holder of class A ordinary shares is entitled to one vote per share and each holder of class B ordinary shares is entitled to twenty votes per share on all matters submitted to them 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 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


 

LIST OF EXHIBITS

 

Exhibit No.

 

Description

A*

 

Joint Filing Agreement by and between the Reporting Persons, dated February 13, 2019

 


* Previously filed

 

6


 

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 10, 2021

 

 

 

 

Sagittarius Company Limited

 

 

 

 

By:

/s/ Hu Senchen

 

Name:

Hu Senchen

 

Title:

Director

 

 

 

 

Zhuhai Qiben Information Technology Co., Ltd.

 

 

 

 

By:

/s/ Hu Senchen

 

Name:

Hu Senchen

 

7