Sec Form 13G Filing - Chen Chaohui filing for UCLOUDLINK GROUP INC SPONSORED (UCL) - 2021-02-09

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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

Information to Be Included in Statements Filed Pursuant to § 240.13d-1 (b), (c) and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2

Under the Securities Exchange Act of 1934

(Amendment No.   )*

 

UCLOUDLINK GROUP INC.

(Name of Issuer)

 

Ordinary Shares, par value of $0.00005 per share

(Title of Class of Securities)

 

90354D 104 **

(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)

 

      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.

 

** CUSIP number 90354D 104 has been assigned to the American depositary shares (“ADSs”) of the issuer, which are quoted on The Nasdaq Stock Market under the symbol “UCL.” Each ADS represents ten Class A ordinary shares of the issuer. CUSIP number G9430A 101 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).

 

 

 

 


 

 

 

1

Name of Reporting Person

 

 

 MediaPlay 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

 

 61,346,560

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 61,346,560

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 61,346,560

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 21.7%. *The voting power of the shares beneficially owned represent 46.2% of the total outstanding voting power.

 

12

Type of Reporting Person
CO

 

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

2

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Brilliant Topaz Holding 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

 

 61,346,560

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 61,346,560

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 61,346,560

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 21.7 %. *The voting power of the shares beneficially owned represent 46.2 % of the total outstanding voting power.

 

12

Type of Reporting Person
CO

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

3

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Chen Family Evergreen Trust

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 

 

(b)

 

 

 

 

3

SEC Use Only

 

 

 

 

4

Citizenship or Place of Organization

 

 

Guernsey

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

 

 61,346,560

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 61,346,560

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 61,346,560

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 21.7 %. *The voting power of the shares beneficially owned represent 46.2 % of the total outstanding voting power.

 

12

Type of Reporting Person
OO

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

4

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Chaohui Chen

 

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

 

 64,981,670

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 61,346,560

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

64,981,670

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 23.0%*The voting power of the shares beneficially owned represent 46.4% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

5

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 AlphaGo Robot 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

 

 60,726,420

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 60,726,420

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 60,726,420

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 21.5%. *The voting power of the shares beneficially owned represent 45.7% of the total outstanding voting power.

 

12

Type of Reporting Person
CO

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

6

607040.01D-HKGSR01A - MSW


 

  ;

 

1

Name of Reporting Person

 

 

 Bright Topaz Holding 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

 

 60,726,420

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 60,726,420

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 60,726,420

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 21.5%. *The voting power of the shares beneficially owned represent 45.7% of the total outstanding voting power.

 

12

Type of Reporting Person
CO

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

7

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Harmony Peng Trust

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 

 

(b)

 

 

 

 

3

SEC Use Only

 

 

 

 

4

Citizenship or Place of Organization

 

 

Guernsey

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

 

 60,726,420

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 60,726,420

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 60,726,420

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 21.5%. *The voting power of the shares beneficially owned represent 45.7% of the total outstanding voting power.

 

12

Type of Reporting Person
OO

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

8

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Zhiping Peng

 

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

 

67,767,920

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 61,346,560

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 67,767,920

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 24.0%. *The voting power of the shares beneficially owned represent 46.1% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

9

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Wen Gao

 

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

 

 11,889,820

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 11,889,820

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 11,889,820

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 4.2%. *The voting power of the shares beneficially owned represent 0.6% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

10

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Zhu Tan

 

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

 

 8,719,200

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 8,719,200

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 8,719,200

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 3.1%. *The voting power of the shares beneficially owned represent 0.4% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

11

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Zhigang Du

 

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

 

 3,170,620  

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 3,170,620

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 3,170,620

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 1.1%. *The voting power of the shares beneficially owned represent 0.2% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 2 82,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

12

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Zhongqi Kuang

 

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

 

 3,170,620  

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 3,170,620

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 3,170,620

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 1.1%. *The voting power of the shares beneficially owned represent 0.2% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

13

607040.01D-HKGSR01A - MSW


 

 

 

1

Name of Reporting Person

 

 

 Shubao Pei

 

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

 

 3,170,620  

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 3,170,620

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 3,170,620

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 1.1%. *The voting power of the shares beneficially owned represent 0.2% of the total outstanding voting power.

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

14

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1

Name of Reporting Person

 

 

 Xuesong Ren

 

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

 

 6,341,240  

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 6,341,240  

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 6,341,240

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 2.2%. *The voting power of the shares beneficially owned represent 0.3% of the total outstanding voting power.  

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

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1

Name of Reporting Person

 

 

 Yimeng Shi

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

 

 

(b)

 

 

 

 

3

SEC Use Only

 

 

 

 

4

Citizenship or Place of Organization

 

 

United Kingdom

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

 

 585,340

6

Shared Voting Power

 

 0

7

Sole Dispositive Power

 

 585,340

8

Shared Dispositive Power

 

 

 0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 585,340

 

10

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

 

 

 ☐

 

11

Percent of Class Represented by Amount in Row 9

 

 

 0.2%. *The voting power of the shares beneficially owned represent 0.0% of the total outstanding voting power.  

 

12

Type of Reporting Person
IN

____________

* The percentage of class of securities beneficially owned by the Reporting Person is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Person by the voting power of all of the Issuer’s outstanding Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2020. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. 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 15 votes per share on all matters submitted to them for a vote.

 

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Item 1(a).

Name of Issuer:

UCLOUDLINK GROUP INC. (the “Issuer”)

Item 1(b).

Address of Issuer’s Principal Executive Offices:

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

Item 2(a).

Name of Person Filing:

MediaPlay Limited

Brilliant Topaz Holding Limited

Chen Family Evergreen Trust

Chaohui Chen

AlphaGo Robot Limited

Bright Topaz Holding Limited

Harmony Peng Trust

Zhiping Peng

Wen Gao

Zhu Tan

Zhigang Du

Zhongqi Kuang

Shubao Pei

Xuesong Ren

Yimeng Shi

(collectively, the “Reporting Persons”)

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Item 2(b).

Address of Principal Business Office or, if none, Residence:

 

MediaPlay Limited
Ritter House, Wickhams Cay II, Road Town, Tortola, British Virgin Islands

 

Brilliant Topaz Holding Limited

Ritter House; Wickhams Cay II; Road Town; Tortola; British Virgin Islands

 

Chen Family Evergreen Trust

Cantrust (Far East) Limited as trustee  

Ritter House; Wickhams Cay II; Road Town; Tortola; British Virgin Islands

 

Chaohui Chen

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

AlphaGo Robot Limited
Ritter House, Wickhams Cay II, Road Town, Tortola, British Virgin Islands

 

Bright Topaz Holding Limited

Ritter House; Wickhams Cay II; Road Town; Tortola; British Virgin Islands

 

Harmony Peng Trust

Cantrust (Far East) Limited as trustee

Ritter House; Wickhams Cay II; Road Town; Tortola; British Virgin Islands

 

Zhiping Peng

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

Wen Gao

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

 

Zhu Tan

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

 

Zhigang Du

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

Zhongqi Kuang

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

Shubao Pei

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

 

Xuesong Ren

14 Brackendale way, Reading, UK. RG6 1DZ

 

Yimeng Shi

Room 2119, 21/F, One Pacific Centre, 414 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong

Item 2(c)

Citizenship:

MediaPlay Limited – British Virgin Islands

Brilliant Topaz Holding Limited – British Virgin Islands

Chen Family Evergreen Trust – Guernsey

Chaohui Chen – People’s Republic of China

AlphaGo Robot Limited – British Virgin Islands

Bright Topaz Holding Limited – British Virgin Islands

Harmony Peng Trust – Guernsey

Zhiping Peng – People’s Republic of China

Wen Gao – People’s Republic of China

Zhu Tan – People’s Republic of China

Zhigang Du – People’s Republic of China

Zhongqi Kuang – People’s Republic of China

Shubao Pei – People’s Republic of China

Xuesong Ren – People’s Republic of China

Yimeng Shi – United Kingdom

Item 2(d).

Title of Class of Securities:

Ordinary shares, $0.00005 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 15 votes per share on all matters submitted to them for vote. Class B ordinary sh ares 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:

90354D 104

 

This CUSIP number applies to the American depositary shares of the Issuer, each representing ten Class A ordinary shares of the Issuer. The CUSIP number G9430A 101 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


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Item 4.

Ownership:

 

The following information with respect to the ownership of the ordinary shares of par value of $0.00005 per share of Issuer by each of the Reporting Persons is provided as of December 31, 2020:

 

Reporting Person *

Amount beneficially owned:

Percent of class(1):

Sole power to vote or direct
the vote: 含委托

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:

MediaPlay Limited

61,346,560(2)

21.7%

61,346,560(2)

0

61,346,560(2)

0

Brilliant Topaz Holding Limited

61,346,560(2)

21.7%

61,346,560(2)

0

61,346,560(2)

0

Chen Family Evergreen Trust

61,346,560(2)

21.7%

61,346,560(2)

0

61,346,560(2)

0

Chaohui Chen

64,981,670(3)

23.0%

64,981,670(3)

0

61,346,560(2)

0

AlphaGo Robot Limited

60,726,420(4)

21.5%

60,726,420(4)

0

60,726,420(4)

0

Bright Topaz Holding Limited

60,726,420(4)

21.5%

60,726,420(4)

0

60,726,420(4)

0

Harmony Peng Trust

60,726,420(4)

21.5%

60,726,420(4)

0

60,726,420(4)

0

Zhiping Peng

67,757,920(5)

24.0%

67,757,920(5)

0

60,726,420(4)

0

Wen Gao

11,889,820(6)

4.2%

11,889,820(6)

0

11,889,820(6)

0

Zhu Tan

8,719,200(7)

3.1%

8,719,200(7)

0

8,719,200(7)

0

Zhigang Du

3,170,620(8)

1.1%

3,170,620(8)

0

3,170,620(8)

0

Zhongqi Kuang

3,170,620(9)

1.1%

3,170,620(9)

0

3,170,620(9)

0

Shubao Pei

3,170,620(10)

1.1%

3,170,620(10)

0

3,170,620(10)

0

Xuesong Ren

6,341,240(11)

2.2%

6,341,240(11)

0

6,341,240(11)

0

Yimeng Shi

585,340(12)

0.2%

585,340(12)

0

585,340(12)

0

 

*

In July 2019, Issuer’s founders and certain other members of management and beneficial owners of the Issuer, including Chaohui Chen, Zhiping Peng, Wen Gao, Zhu Tan, Zhigang Du, Zhongqi Kuang, Shubao Pei, Xuesong Ren and Yimeng Shi, entered into a voting agreement, which provides that they shall reach a consensus before exercising their voting rights with respect to the Issuer’s shares. In the case of a tie, the parties to the voting agreement will vote again, and they will abide by the decision of which more than 60% of the number of parties vote in favor. The voting agreement will be terminated (i) with respect to all parties thereto, upon consent of all parties, or (ii) with respect to any party thereto, upon the time he beneficially owns less than 0.1% of the total issued and outstanding ordinary shares of the Issuer. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, all reporting persons listed in the table above may be deemed to be a group, and each member of such group may be deemed to beneficially own all of the ordinary shares beneficially owned by other members constituting such group. However, each of the reporting persons disclaims beneficial ownership of any shares other than the amount beneficially owned such reporting person as indicated by the table.

(1)

The percentage of class of securities beneficially owned by each of the Reporting Persons as of December 31, 2020 is based on a total of 282,128,620 outstanding ordinary shares (being the sum of 160,055,640 Class A ordinary shares and 122,072,980 Class B ordinary shares) of the Issuer outstanding as a single class as of December 31, 2020, assuming conversion of all Class B ordinary shares into Class A ordinary shares. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

(2)

Includes 61,346,560 Class B ordinary shares of the Issuer held by MediaPlay Limited, a British Virgin Islands company. MediaPlay Limited is wholly owned by Brilliant Topaz Holding Limited, a British Virgin Islands company.  Brilliant Topaz Holding Limited is wholly owned by Chen Family Evergreen Trust, a trust established for the benefit of Mr. Chaohui Chen and his family. Mr. Chaohui Chen is the settlor and investment advisor of Chen Family Evergreen Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Chen Family Evergreen Trust.


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607040.01D-HKGSR01A - MSW


(3)

Includes (i) 61,346,560 Class B ordinary shares of the Issuer held by MediaPlay Limited, (ii) 3,479,560 Class A ordinary shares beneficially owned by certain of our current and former employees who have granted an irrevocable voting proxy for all shares beneficially owned by them to Mr. Chaohui Chen, and (iii) 155,550 Class A ordinary shares, in the form of ADS, which are either issued to employees pursuant to awards under our share incentive plans or issuable to our employees pursuant to awards under our share incentive plans. Our employees who hold share incentive awards under our share incentive plans, except those mentioned in item (ii) of this paragraph, have granted an irrevocable voting proxy for the shares issuable to them pursuant to the awards to Mr. Chaohui Chen.

(4)

Includes 60,726,420 Class B ordinary shares of the Issuer held by AlphaGo Robot Limited, a British Virgin Islands company. AlphaGo Robot Limited is wholly owned by Bright Topaz Holding Limited, a British Virgin Islands company. Bright Topaz Holding Limited is wholly owned by Harmony Peng Trust, a trust established for the benefit of Mr. Zhiping Peng and his family. Mr. Zhiping Peng is the settlor and investment advisor of Harmony Peng Trust, and has the power to direct the disposition and voting of the shares of the Issuer held by Harmony Peng Trust.

(5)

Includes (i) 60,726,420 Class B ordinary shares of the Issuer held by AlphaGo Robot Limited, and (ii) 7,031,500 Class A ordinary shares of the Issuer held by two of our beneficial owners, who have granted an irrevocable voting proxy for 7,031,500 Class A ordinary shares beneficially owned by them to Mr. Zhiping Peng, and appointed Mr. Zhiping Peng as lawful attorney-in-fact.

(6)

Includes 11,889,820 Class A ordinary shares held by Talent Wits Limited, a British Virgin Islands company. Talent Wits Limited is wholly owned by Mr. Wen Gao. The registered address of Talent Wits Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.

(7)

Includes 8,719,200 Class A ordinary shares held by Chicken Chic Limited, a British Virgin Islands company. Chicken Chic Limited is wholly owned by Mr. Zhu Tan. The registered address of Chicken Chic Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.

(8)

Includes 3,170,620 Class A ordinary shares held by Elite Magic Cosmos Limited, a British Virgin Islands company. Elite Magic Cosmos Limited is wholly owned by Mr. Zhigang Du. The registered address of Elite Magic Cosmos Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.

(9)

Includes 3,170,620 Class A ordinary shares held by Fairy Mind Limited, a British Virgin Islands company. Fairy Mind Limited is wholly owned by Mr. Zhongqi Kuang. The registered address of Fairy Mind Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.

(10)

Includes 3,170,620 Class A ordinary shares held by Fair Technology Limited, a British Virgin Islands company. Fair Technology Limited is wholly owned by Mr. Shubao Pei. The registered address of Fair Technology Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.

(11)

Includes 6,341,240 Class A ordinary shares held by Fortune Technology Limited, a British Virgin Islands company. Fortune Technology Limited is wholly owned by Mr. Xuesong Ren. The registered address of Fortune Technology Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.

(12)

Includes (i) 585,340 Class A ordinary shares held by Vision Technology Limited, a British Virgin Islands company.Vision Technology Limited is wholly owned by Mr. Yimeng Shi. The registered address of Vision Technology Limited is Craigmuir Chambers, Road Town Tortola, VG 1110, British Virgin Islands.  

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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

 


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LIST OF EXHIBITS

 

 

 

Exhibit No.

Description

A

Joint Filing Agreement

 

 

 

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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.

 

Dated:  February 9, 2021

 

MediaPlay Limited

 

 

By:

/s/ Chaohui Chen

Name:

Chaohui Chen

Title:

Director

 

 

Brilliant Topaz Holding Limited

 

 

By:

/s/ Shanica Maduro-Christopher/Susan Palmer

Name:

Shanica Maduro-Christopher/Susan Palmer

Title:

Authorized Signatories

For and on behalf of Rustem Limited

Director

 

 

 

Chen Family Evergreen Trust

 

 

By:

/s/ Shanica Maduro-Christopher/Susan Palmer

Name:

Shanica Maduro-Christopher/Susan Palmer

Title:

Authorized Signatories

For and on behalf of

Cantrust (Far East) Limited

Trustee

 

 

 

Chaohui Chen

 

 

/s/ Chaohui Chen

 

 

AlphaGo Robot Limited

 

 

By:

/s/ Zhiping Peng

Name:

Zhiping Peng

Title:

Director

 


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Bright Topaz Holding Limited

 

 

By:

/s/ Shanica Maduro-Christopher/Susan Palmer

Name:

Shanica Maduro-Christopher/Susan Palmer

Title:

Authorized Signatories

For and on behalf of Rustem Limited

Director

 

 

 

Harmony Peng Trust

 

 

By:

/s/ Shanica Maduro-Christopher/Susan Palmer

Name:

Shanica Maduro-Christopher/Susan Palmer

Title:

Authorized Signatories

For and on behalf of

Cantrust (Far East) Limited

Trustee

 

 

 

Zhiping Peng

 

 

/s/ Zhiping Peng

 

 

Wen Gao

 

 

/s/ Wen Gao

 

 

Zhu Tan

 

 

/s/ Zhu Tan

 

 

Zhigang Du

 

 

/s/ Zhigang Du

 

 

Zhongqi Kuang

 

 

/s/ Zhongqi Kuang

 

 

Shubao Pei

 

 

/s/ Shubao Pei

 

 

Xuesong Ren

 

 

/s/ Xuesong Ren

 

 

Yimeng Shi

 

 

/s/ Yimeng Shi

 

 

 

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