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Deng Guan Investment Ltd., et al. – ‘SC 13G/A’ on 3/11/24 re: Baosheng Media Group Holdings Ltd.

On:  Monday, 3/11/24, at 4:15pm ET   ·   Accession #:  1104659-24-32988   ·   File #:  5-92360

Previous ‘SC 13G’:  ‘SC 13G’ on 2/14/22   ·   Latest ‘SC 13G’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/11/24  Deng Guan Investment Ltd.         SC 13G/A               2:69K  Baosheng Media Gp Holdings Ltd.   Toppan Merrill/FA
          Hui Yu

Amendment to Statement of Acquisition of Beneficial Ownership by a “Passive” Investor   —   Schedule 13G   —   WA’68

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment to Statement of Acquisition of            HTML     63K 
                Beneficial Ownership by a "Passive" Investor                     
 2: EX-99.1     Miscellaneous Exhibit                               HTML      6K 


‘SC 13G/A’   —   Amendment to Statement of Acquisition of Beneficial Ownership by a “Passive” Investor


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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G/A

(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.  1)*

 

Baosheng Media Group Holdings Limited

(Name of Issuer)

 

Ordinary shares, $0.0096 par value per share

(Title of Class of Securities)

 

G08908124**

(CUSIP Number)

 

December 31, 2023

(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)
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 G08908124 has been assigned to the ordinary shares (“Ordinary Shares”) of the Issuer, which are listed on the Nasdaq Capital Market under the symbol “BAOS.”

 

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. G08908124

   

 

1

Name of Reporting Person


Deng Guan Investment Limited

2

Check the Appropriate Box if a Member of a Group

(a)   ¨

(b)   x

 

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

96,857 (1)

7

Sole Dispositive Power

0

8

Shared Dispositive Power

96,857 (1)

9

Aggregate Amount Beneficially Owned by Each Reporting Person

96,857 (1)

10

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

 

11

Percent of Class Represented by Amount in Row 9

6.312% (2)

12

Type of Reporting Person

 
FI

       

(1)

Represents 96,857 ordinary shares held by Deng Guan Investment Limited, a British Virgin Islands company wholly owned by Mr. Hui Yu.

   
(2) The beneficial ownership percentage is calculated based on 1,534,487 ordinary shares of the Issuer issued and outstanding as of December 31, 2023.

 

 

 

 

CUSIP No. G08908124

   

 

1

Name of Reporting Person


Hui Yu

2

Check the Appropriate Box if a Member of a Group

(a)   ¨

(b)   x

 

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

96,857 (1)

7

Sole Dispositive Power

0

8

Shared Dispositive Power

96,857 (1)

9

Aggregate Amount Beneficially Owned by Each Reporting Person

96,857 (1)

10

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

 

11

Percent of Class Represented by Amount in Row 9

6.312%  (2)

12

Type of Reporting Person

 
IN

       

(1)

Represents 96,857 ordinary shares beneficially owned by Mr. Hui Yu, held indirectly by Deng Guan Investment Limited, a British Virgin Islands company wholly owned by Mr. Hui Yu.

   
(2) The beneficial ownership percentage is calculated based on 1,534,487 ordinary shares of the Issuer issued and outstanding as of December 31, 2023.

 

 

 

 

ITEM 1.

 

  (a) Name of Issuer:

 

Baosheng Media Group Holdings Limited

 

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

 

EAST FLOOR 5, BUILDING NO. 8

XISHANHUI SHIJINGSHAN DISTRICT, BEIJING

PEOPLE’S REPUBLIC OF CHINA 100041

 

ITEM 2.

 

  (a) Name of Person Filing:

 

(i)Deng Guan Investment Limited
(ii)Hui Yu

 

(collectively, the “Reporting Persons”)

 

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

 

The addresses of the Reporting Persons are:

 

(i)Deng Guan Investment Limited

 

16/F, East Wing, Fortune Time, Building 11

Fenghuiyua, Xicheng District, Beijing

Beijing, People’s Republic of China

 

(ii)Hui Yu

 

16/F, East Wing, Fortune Time, Building 11

Fenghuiyua, Xicheng District, Beijing

Beijing, People’s Republic of China

 

  (c) Citizenship:

 

(i)Deng Guan Investment Limited

 

British Virgin Islands

 

(ii)Hui Yu

 

People’s Republic of China

 

  (d) Title of Class of Securities:

 

Ordinary Shares, par value $0.0096 per share

 

  (e)

CUSIP Number: G08908124

 

 

 

 

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

 

  (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
       
  (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) ¨ An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
       
  (f) ¨ An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);
       
  (g) ¨ A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G);
       
  (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j) ¨ Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).

 

ITEM 4. OWNERSHIP.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

Reporting Persons  Beneficial Ownership 

Percentage of

Total Ordinary Shares(1)

   Sole Voting
Power
   Shared Voting
Power
  Sole Dispositive Power  

Shared

Dispositive

Power

Deng Guan Investment Limited (2)  96,857 (3)   6.312%   0   96,857 (3)   0   96,857 (3)
Hui Yu  96,857 (4)   

6.312

%   0   96,857 (4)   0   96,857 (4)

 

 

(1) The beneficial ownership percentage is calculated based on 1,534,487 ordinary shares of the Issuer issued and outstanding as of December 31, 2023.
   
(2) Deng Guan Investment Limited is wholly owned by Mr. Hui Yu.
   
(3) Represents the number of ordinary shares held by Deng Guan Investment Limited as of December 31, 2023.
   
(4) Represents the number of ordinary shares indirectly held by Mr. Hui Yu through Deng Guan Investment Limited as of December 31, 2023.

 

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨

 

 

 

 

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.

 

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
99.1 Joint Filing Agreement

 

 

 

 

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: March 11, 2024

 

  Deng Guan Investment Limited
   
  /s/ Hui Yu
  Name: Hui Yu
  Title: Director
   
  /s/ Hui Yu
  Name: Hui Yu

 

 

 


Dates Referenced Herein

This ‘SC 13G/A’ Filing    Date    Other Filings
Filed on:3/11/24None on these Dates
12/31/23
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