Sec Form 13G Filing - Originalwish Ltd filing for NIO INC ADS (NIO) - 2021-02-11

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

 

SCHEDULE 13G/A
(Rule 13d-102)

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)*

 

NIO Inc.

 

(Name of Issuer)

 

Class A ordinary shares, par value of $0.00025 per share

 

(Title of Class of Securities)

 

G6525F 102

 

(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:

 

¨Rule 13d-1(b)
  
¨Rule 13d-1(c)
  
xRule 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.

 

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).

 

 

 

 

 

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SOLE DISPOSITIVE POWER

 

0

1

NAMES OF REPORTING PERSONS


Bin Li

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)   ¨

(b)   ¨

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

 

0

6

SHARED VOTING POWER

 

174,467,7761 ordinary shares. See Item 4.

7
8

SHARED DISPOSITIVE POWER

 

174,467,776 ordinary shares. See Item 4.

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

174,467,776 ordinary shares. See Item 4.

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

11.1%.2 See Item 4.

12

TYPE OF REPORTING PERSON

 

IN

       

 

1

Includes (i) 9,000,000 Class A ordinary shares issuable to Mr. Li upon exercise of options within 60 days after December 31, 2020, (ii) 4,778,523 Class A ordinary shares and 84,234,928 Class C ordinary shares held on record by Originalwish Limited, a British Virgin Islands company wholly owned by Mr. Li, (iii) 26,454,325 Class C ordinary shares held on record by mobike Global Ltd., a British Virgin Islands company wholly owned by Mr. Li, (iv) 12,189,253 Class A ordinary shares and 37,810,747 Class C ordinary shares held on record by NIO Users Limited, a holding company held upon the terms of the NIO Users Trust, under which Mr. Li has reserved certain powers to himself. Each Class C Ordinary Share is convertible at the option of the holder into one Class A Ordinary Share. The rights of the holders of Class A Ordinary Shares and Class C Ordinary Shares are identical, except with respect to conversion rights (noted above) and voting rights. Each Class C Ordinary Share is entitled to eight votes per share, whereas each Class A Ordinary Share is entitled to one vote per share.

 

2Assumes conversion of all Class B ordinary shares and Class C ordinary shares into Class A ordinary shares.

 

 

 

 

1

NAMES OF REPORTING PERSONS

 

Originalwish 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

 

0

6

SHARED VOTING POWER

 

89,013,451 ordinary shares. See Item 4.

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

89,013,451 ordinary shares. See Item 4.

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

89,013,451 ordinary shares. See Item 4.

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.7.1 See Item 4.

12

TYPE OF REPORTING PERSON

 

CO

       

 

1Assumes conversion of all Class B ordinary shares and Class C ordinary shares into Class A ordinary shares.

 

 

 

  

1

NAMES OF REPORTING PERSONS

 

mobike Global Ltd.

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

 

0

6

SHARED VOTING POWER

 

26,454,325 ordinary shares. See Item 4.

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPO SITIVE POWER

 

26,454,325 ordinary shares. See Item 4.

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

26,454,325 ordinary shares. See Item 4.

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

1.7%.1 See Item 4.

12

TYPE OF REPORTING PERSON

 

CO

 

 

1Assumes conversion of all Class B ordinary shares and Class C ordinary shares into Class A ordinary shares.

 

 

 

 

1

NAMES OF REPORTING PERSONS

 

NIO Users 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

 

0

6

SHARED VOTING POWER

 

50,000,000 ordinary shares. See Item 4.

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

50,000,000 ordinary shares. See Item 4.

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

50,000,000 ordinary shares. See Item 4.

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.2%.1 See Item 4.

12

TYPE OF REPORTING PERSON

 

CO

       

 

1Assumes conversion of all Class B ordinary shares and Class C ordinary shares into Class A ordinary shares.

 

 

 

 

1

NAMES OF REPORTING PERSONS

 

NIO Users Trust

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)   ¨

(b)   ¨

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5

SOLE VOTING POWER

 

0

6

SHARED VOTING POWER

 

50,000,000 ordinary shares. See Item 4.

7

SOLE DISPOSITIVE POWER

 

0

8

SHARED DISPOSITIVE POWER

 

50,000,000 ordinary shares. See Item 4.

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

50,000,000 ordinary shares. See Item 4.

10

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

3.2%.1 See Item 4.

12

TYPE OF REPORTING PERSON

 

CO

       

 

1Assumes conversion of all Class B ordinary shares and Class C ordinary shares into Class A ordinary shares.

 

 

 

 

ITEM 1(a).NAME OF ISSUER:

 

NIO Inc.

 

ITEM 1(b).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

 

Building 20, No. 56 AnTuo Road
Jiading District, Shanghai, 201804
People’s Republic of China

 

ITEM 2(a).NAME OF PERSON FILING:

 

Bin Li

 

Originalwish Limited

 

mobike Global Ltd.

 

NIO Users Limited

 

NIO Users Trust

 

ITEM 2(b).ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:

 

Bin Li
Building 20, No. 56 AnTuo Road
Jiading District, Shanghai, 201804
People’s Republic of China

 

Originalwish Limited
Sertus Chambers, P.O. Box 905
Quastisky Building, Road Town
Tortola, British Virgin Islands

 

mobike Global Ltd.
Sertus Chambers, P.O. Box 905
Quastisky Building, Road Town
Tortola, British Virgin Islands

 

NIO Users Limited
PO Box 173, Road Town
Tortola, British Virgin Islands

 

NIO Users Trust
Boundary Hall
Cricket Square, George Town
Grand Cayman
Cayman Islands

 

 

 

 

ITEM 2(c).CITIZENSHIP:

 

Bin Li – People’s Republic of China

 

Originalwish Limited – British Virgin Islands

 

mobike Global Ltd. – British Virgin Islands

 

NIO Users Limited – British Virgin Islands

 

NIO Users Trust – Cayman Islands

 

ITEM 2(d).TITLE OF CLASS OF SECURITIES:

 

Class A ordinary shares, par value of $0.00025 per share (the “Class A Ordinary Shares”). Each Class C ordinary share, par value of $0.00025 per share (the “Class C Ordinary Shares”), held by the reporting persons is convertible into one Class A Ordinary Share at the option of the holders at any time. Each Class C Ordinary Share is entitled to eight votes per share, whereas each Class A Ordinary Share is entitled to one vote per share.

 

ITEM 2(e).CUSIP NO.:

 

G6525F 102

 

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

 

The following information with respect to the ownership of the Class A Ordinary Shares by each of the reporting persons is provided as of December 31, 2019:

 

Reporting

Person

  Amount beneficially owned:  

Percent

of class: (1)

   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: 
Bin Li   174,467,776(2)   11.1%   0    174,467,776(2)   0    174,467,776(2)
Originalwish Limited   89,013,451(3)   5.7%   0    89,013,451(3)   0    89,013,451(3)
mobike Global Ltd.   26,454,325(4)   1.7%   0    26,454,325(4)   0    26,454,325(4)
NIO Users Limited   50,000,000(5)   3.2%   0    50,000,000(5)   0    50,000,000(5)
NIO Users Trust   50,000,000(6)   3.2%   0    50,000,000(6)   0    50,000,000(6)

 

(1)Pursuant to Rule 13d-3(d)(l), all Class B ordinary shares and Class C ordinary shares (which are convertible into Class A ordinary shares) were deemed to be converted for the purpose of (i) determining the aggregate amount of Class A ordinary shares beneficially owned by the reporting person and (ii) calculating the percentages of the Class A ordinary shares beneficially owned by the reporting person. The percentage of the class of securities beneficially owned by each reporting person is based on 1,569,106,220 outstanding ordinary shares as a single class, being the sum of 1,292,312,288 Class A ordinary shares, 128,293,932 Class B ordinary shares and 148,500,000 Class C ordinary shares, par value of US$0.00025 per share, of the Issuer outstanding as of December 31, 2020. In computing the percentage of ownership of the reporting persons, we have included, where applicable, shares that the reporting persons have the right to acquire within 60 days, including through the exercise of any option, warrant, or other right or the conversion of any other security, after December 31, 2020.

 

(2)

Includes (i) 9,000,000 Class A ordinary shares issuable to Mr. Li upon exercise of options within 60 days after December 31, 2020, (ii) 4,778,523 Class A ordinary shares and 84,234,928 Class C ordinary shares held on record by Originalwish Limited, a British Virgin Islands company wholly owned by Mr. Li, (iii) 26,454,325 Class C ordinary shares held on record by mobike Global Ltd., a British Virgin Islands company wholly owned by Mr. Li, (iv) 12,189,253 Class A ordinary shares and 37,810,747 Class C ordinary shares held on record by NIO Users Limited, held upon the terms of the NIO Users Trust, under which Mr. Li has reserved certain powers to himself. Each Class C Ordinary Share is convertible at the option of the holder into one Class A Ordinary Share. The rights of the holders of Class A Ordinary Shares and Class C Ordinary Shares are identical, except with respect to conversion rights (noted above) and voting rights. Each Class C Ordinary Share is entitled to eight votes per share, whereas each Class A Ordinary Share is entitled to one vote per share.

 

(3)Represented by 4,778,523 Class A ordinary shares and 84,234,928 Class C ordinary shares held by Originalwish Limited.

 

(4)Represented by 26,454,325 Class C ordinary shares held by mobike Global Ltd.

 

(5)

Represented by 12,189,253 Class A ordinary shares and 37,810,747 Class C ordinary shares held on record by NIO Users Limited, a holding company controlled by NIO Users Trust. NIO Users Trust, with Maples Trustee Services (Cayman) Limited as the trustee, Mr. Bin Li has reserved certain powers to himself in respect of the NIO Users Trust as the settlor and protector, and Mr. Li and others designated by Mr. Li as beneficiaries. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Mr. Li may be deemed to beneficially ow n all of the ordinary shares of the Issuer held by NIO Users Limited.

 

(6)Represented by 12,189,253 Class A ordinary shares and 37,810,747 Class C ordinary shares held on record by NIO Users Limited, a holding company controlled by NIO Users Trust. Also see footnote (5).

 

 

 

 

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

 

 

 

 

LIST OF EXHIBITS

 

Exhibit No. Description
A Joint Filing Agreement (incorporated by reference to Exhibit 99. l to Schedule 13G filed on January 23, 2019 by the reporting persons with the Securities and Exchange Commission)

 

 

 

 

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 11, 2021

 

Bin Li /s/ Bin Li
     
Originalwish Limited By: /s/ Bin Li
  Name: Bin Li
  Title: Director
     
mobike Global Ltd. By: /s/ Bin Li
  Name: Bin Li
  Title: Director
     
NIO Users Limited By: /s/ Titan Directors Limited
  Name: Titan Directors Limited
  Title: Director
     
   
Maples Trustee Services (Cayman) Limited By: /s/ Peter Goddard
acting solely in its capacity as the trustee Name: Peter Goddard
of NIO Users Trust Title: Authorized signatory