[SCHEDULE 13G/A] Cango Inc. American SEC Filing
Cango Inc's American depositary shares (ADSs) are the subject of a Schedule 13G/A filed jointly by Tencent Holdings Limited and its wholly owned subsidiary Tencent Mobility Limited. Together they report beneficial ownership of 13,434,808 ADSs, representing 3.9% of the Class A ordinary share class based on 344,530,449 Class A Ordinary Shares outstanding. The filing notes each ADS represents two Class A Ordinary Shares and that the CUSIP 137586103 applies to the ADSs.
The statement identifies sole voting and dispositive power over the reported ADSs and includes a joint filing agreement as an exhibit. Items reporting ownership above 5% or group control are marked not applicable, indicating this is a routine disclosure of a sub-5% stake.
Le American depositary shares (ADS) di Cango Inc sono oggetto di una Schedule 13G/A depositata congiuntamente da Tencent Holdings Limited e dalla sua controllata interamente posseduta Tencent Mobility Limited. Insieme dichiarano la possessione beneficiaria di 13,434,808 ADS, pari al 3.9% della classe di azioni ordinarie di Classe A sulla base di 344,530,449 azioni ordinarie di Classe A in circolazione. Il deposito specifica che ogni ADS rappresenta due azioni ordinarie di Classe A e che il CUSIP 137586103 si applica agli ADS.
La dichiarazione indica poteri esclusivi di voto e di disposizione sulle ADS dichiarate e include un accordo di deposito congiunto come allegato. Le voci relative a partecipazioni superiori al 5% o al controllo di gruppo sono segnate come non applicabili, indicando che si tratta di una comunicazione routinaria su una partecipazione inferiore al 5%.
Las American depositary shares (ADS) de Cango Inc son objeto de una Schedule 13G/A presentada conjuntamente por Tencent Holdings Limited y su filial de propiedad total Tencent Mobility Limited. Conjuntamente declaran la titularidad beneficiaria de 13,434,808 ADS, que representan el 3.9% de la clase de acciones ordinarias Clase A sobre la base de 344,530,449 acciones ordinarias Clase A en circulaci贸n. La presentaci贸n se帽ala que cada ADS representa dos acciones ordinarias Clase A y que el CUSIP 137586103 se aplica a las ADS.
La declaraci贸n identifica el poder exclusivo de voto y de disposici贸n sobre las ADS reportadas e incluye un acuerdo de presentaci贸n conjunta como anexo. Las partidas que informan participaciones superiores al 5% o control de grupo est谩n marcadas como no aplicables, lo que indica que se trata de una divulgaci贸n rutinaria de una participaci贸n inferior al 5%.
Cango Inc鞚� American depositary shares(ADS)電� Tencent Holdings Limited鞕� 攴� 鞝勳暋於滌瀽 鞛愴殞靷� Tencent Mobility Limited臧� 瓿惦彊鞙茧 鞝滌稖頃� Schedule 13G/A鞚� 雽�靸侅瀰雼堧嫟. 鞚措摛鞚� 頃粯 13,434,808 ADS鞐� 雽�頃� 靾橃澋鞝� 靻岇湢甓�鞚� 鞁犼碃頄堨溂氅�, 鞚措姅 氚滍枆 欷戩澑 344,530,449欤检潣 Class A 氤错喌欤茧ゼ 旮办鞙茧 Class A 氤错喌欤� 韥措灅鞀れ潣 3.9%鞐� 頃措嫻頃╇媹雼�. 鞁犼碃靹滌棎電� 臧� ADS臧� 霊� 欤检潣 Class A 氤错喌欤�毳� 雽�響滍晿氅� CUSIP 137586103鞚� ADS鞐� 鞝侅毄霅滊嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
頃措嫻 靹彪獏靹滊姅 氤搓碃霅� ADS鞐� 雽�頃� 雼弲 鞚橁舶甓� 氚� 觳橂秳甓岇潉 氤挫湢頃橁碃 鞛堨潓鞚� 氚濏瀳瓿� 鞛堨溂氅�, 瓿惦彊 鞝滌稖 頃╈潣靹滊ゼ 歃濍箼靹滊搿� 韽暔頃橁碃 鞛堨姷雼堧嫟. 5% 齑堦臣 氤挫湢 霕愲姅 攴鸽９ 歆�氚半ゼ 氤搓碃頃橂姅 頃鞚� 頃措嫻 鞐嗢潓鞙茧 響滌嫓霅橃柎 鞛堨柎, 鞚措姅 5% 氙鸽 歆�攵勳棎 雽�頃� 韱奠儊鞝侅澑 瓿奠嫓鞛勳潉 雮橅儉雰呺媹雼�.
Les American depositary shares (ADS) de Cango Inc font l'objet d'un Schedule 13G/A d茅pos茅 conjointement par Tencent Holdings Limited et sa filiale d茅tenue 脿 100 % Tencent Mobility Limited. Ensemble, elles d茅clarent la propri茅t茅 b茅n茅ficiaire de 13,434,808 ADS, repr茅sentant 3.9% de la classe d'actions ordinaires de cat茅gorie A sur la base de 344,530,449 actions ordinaires de Classe A en circulation. Le d茅p么t pr茅cise que chaque ADS repr茅sente deux actions ordinaires de Classe A et que le CUSIP 137586103 s'applique aux ADS.
La d茅claration indique un pouvoir exclusif de vote et de disposition sur les ADS d茅clar茅es et inclut en annexe un accord de d茅p么t conjoint. Les rubriques concernant des participations sup茅rieures 脿 5% ou le contr么le de groupe sont indiqu茅es comme non applicables, ce qui signale qu'il s'agit d'une divulgation routini猫re d'une participation inf茅rieure 脿 5%.
Die American Depositary Shares (ADS) von Cango Inc sind Gegenstand einer gemeinsam eingereichten Schedule 13G/A von Tencent Holdings Limited und dessen hundertprozentiger Tochtergesellschaft Tencent Mobility Limited. Gemeinsam melden sie die wirtschaftliche Eigent眉merschaft an 13,434,808 ADS, was 3.9% der Klasse A-Stammaktien auf Basis von 344,530,449 ausstehenden Class A Ordinary Shares entspricht. In der Einreichung wird angegeben, dass jede ADS zwei Class A Ordinary Shares repr盲sentiert und dass das CUSIP 137586103 f眉r die ADS gilt.
Die Erkl盲rung weist alleinige Stimm- und Verf眉gungsbefugnis 眉ber die gemeldeten ADS aus und enth盲lt eine gemeinsame Einreichungsvereinbarung als Anlage. Posten, die Beteiligungen 眉ber 5% oder Gruppensteuerung melden w眉rden, sind als nicht anwendbar gekennzeichnet, was darauf hindeutet, dass es sich um eine routinem盲脽ige Offenlegung einer unter 5% liegenden Beteiligung handelt.
- Transparent disclosure of beneficial ownership totaling 13,434,808 ADSs and an explicit 3.9% ownership figure
- Clarification of ADS structure: each ADS represents two Class A Ordinary Shares and CUSIP 137586103 applies to the ADSs
- Joint Filing Agreement included as an exhibit, formalizing the joint filing by Tencent Holdings and its subsidiary
- None.
Insights
TL;DR: Tencent discloses a 3.9% stake in Cango via 13,434,808 ADSs; this is a routine, sub-5% holding.
The filing documents clear beneficial ownership metrics: 13,434,808 ADSs and a 3.9% stake calculated against 344,530,449 Class A shares outstanding. The report clarifies voting and dispositive powers are solely held and confirms ADS conversion (two Class A shares per ADS). For investors, this provides transparent ownership disclosure but does not indicate control or a material change in capital structure given the stake is below 5%.
TL;DR: Formal joint Schedule 13G/A filing with exhibit of a Joint Filing Agreement; governance implications are limited due to sub-5% ownership.
The document is a compliant, joint filing by a parent and its subsidiary that discloses sole voting and dispositive authority over the reported ADSs. Item disclosures show no group formation or control claims and items on higher ownership thresholds are marked not applicable. The inclusion of the Joint Filing Agreement exhibit is standard practice to clarify the joint filing relationship.
Le American depositary shares (ADS) di Cango Inc sono oggetto di una Schedule 13G/A depositata congiuntamente da Tencent Holdings Limited e dalla sua controllata interamente posseduta Tencent Mobility Limited. Insieme dichiarano la possessione beneficiaria di 13,434,808 ADS, pari al 3.9% della classe di azioni ordinarie di Classe A sulla base di 344,530,449 azioni ordinarie di Classe A in circolazione. Il deposito specifica che ogni ADS rappresenta due azioni ordinarie di Classe A e che il CUSIP 137586103 si applica agli ADS.
La dichiarazione indica poteri esclusivi di voto e di disposizione sulle ADS dichiarate e include un accordo di deposito congiunto come allegato. Le voci relative a partecipazioni superiori al 5% o al controllo di gruppo sono segnate come non applicabili, indicando che si tratta di una comunicazione routinaria su una partecipazione inferiore al 5%.
Las American depositary shares (ADS) de Cango Inc son objeto de una Schedule 13G/A presentada conjuntamente por Tencent Holdings Limited y su filial de propiedad total Tencent Mobility Limited. Conjuntamente declaran la titularidad beneficiaria de 13,434,808 ADS, que representan el 3.9% de la clase de acciones ordinarias Clase A sobre la base de 344,530,449 acciones ordinarias Clase A en circulaci贸n. La presentaci贸n se帽ala que cada ADS representa dos acciones ordinarias Clase A y que el CUSIP 137586103 se aplica a las ADS.
La declaraci贸n identifica el poder exclusivo de voto y de disposici贸n sobre las ADS reportadas e incluye un acuerdo de presentaci贸n conjunta como anexo. Las partidas que informan participaciones superiores al 5% o control de grupo est谩n marcadas como no aplicables, lo que indica que se trata de una divulgaci贸n rutinaria de una participaci贸n inferior al 5%.
Cango Inc鞚� American depositary shares(ADS)電� Tencent Holdings Limited鞕� 攴� 鞝勳暋於滌瀽 鞛愴殞靷� Tencent Mobility Limited臧� 瓿惦彊鞙茧 鞝滌稖頃� Schedule 13G/A鞚� 雽�靸侅瀰雼堧嫟. 鞚措摛鞚� 頃粯 13,434,808 ADS鞐� 雽�頃� 靾橃澋鞝� 靻岇湢甓�鞚� 鞁犼碃頄堨溂氅�, 鞚措姅 氚滍枆 欷戩澑 344,530,449欤检潣 Class A 氤错喌欤茧ゼ 旮办鞙茧 Class A 氤错喌欤� 韥措灅鞀れ潣 3.9%鞐� 頃措嫻頃╇媹雼�. 鞁犼碃靹滌棎電� 臧� ADS臧� 霊� 欤检潣 Class A 氤错喌欤�毳� 雽�響滍晿氅� CUSIP 137586103鞚� ADS鞐� 鞝侅毄霅滊嫟瓿� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟.
頃措嫻 靹彪獏靹滊姅 氤搓碃霅� ADS鞐� 雽�頃� 雼弲 鞚橁舶甓� 氚� 觳橂秳甓岇潉 氤挫湢頃橁碃 鞛堨潓鞚� 氚濏瀳瓿� 鞛堨溂氅�, 瓿惦彊 鞝滌稖 頃╈潣靹滊ゼ 歃濍箼靹滊搿� 韽暔頃橁碃 鞛堨姷雼堧嫟. 5% 齑堦臣 氤挫湢 霕愲姅 攴鸽９ 歆�氚半ゼ 氤搓碃頃橂姅 頃鞚� 頃措嫻 鞐嗢潓鞙茧 響滌嫓霅橃柎 鞛堨柎, 鞚措姅 5% 氙鸽 歆�攵勳棎 雽�頃� 韱奠儊鞝侅澑 瓿奠嫓鞛勳潉 雮橅儉雰呺媹雼�.
Les American depositary shares (ADS) de Cango Inc font l'objet d'un Schedule 13G/A d茅pos茅 conjointement par Tencent Holdings Limited et sa filiale d茅tenue 脿 100 % Tencent Mobility Limited. Ensemble, elles d茅clarent la propri茅t茅 b茅n茅ficiaire de 13,434,808 ADS, repr茅sentant 3.9% de la classe d'actions ordinaires de cat茅gorie A sur la base de 344,530,449 actions ordinaires de Classe A en circulation. Le d茅p么t pr茅cise que chaque ADS repr茅sente deux actions ordinaires de Classe A et que le CUSIP 137586103 s'applique aux ADS.
La d茅claration indique un pouvoir exclusif de vote et de disposition sur les ADS d茅clar茅es et inclut en annexe un accord de d茅p么t conjoint. Les rubriques concernant des participations sup茅rieures 脿 5% ou le contr么le de groupe sont indiqu茅es comme non applicables, ce qui signale qu'il s'agit d'une divulgation routini猫re d'une participation inf茅rieure 脿 5%.
Die American Depositary Shares (ADS) von Cango Inc sind Gegenstand einer gemeinsam eingereichten Schedule 13G/A von Tencent Holdings Limited und dessen hundertprozentiger Tochtergesellschaft Tencent Mobility Limited. Gemeinsam melden sie die wirtschaftliche Eigent眉merschaft an 13,434,808 ADS, was 3.9% der Klasse A-Stammaktien auf Basis von 344,530,449 ausstehenden Class A Ordinary Shares entspricht. In der Einreichung wird angegeben, dass jede ADS zwei Class A Ordinary Shares repr盲sentiert und dass das CUSIP 137586103 f眉r die ADS gilt.
Die Erkl盲rung weist alleinige Stimm- und Verf眉gungsbefugnis 眉ber die gemeldeten ADS aus und enth盲lt eine gemeinsame Einreichungsvereinbarung als Anlage. Posten, die Beteiligungen 眉ber 5% oder Gruppensteuerung melden w眉rden, sind als nicht anwendbar gekennzeichnet, was darauf hindeutet, dass es sich um eine routinem盲脽ige Offenlegung einer unter 5% liegenden Beteiligung handelt.
FAQ
Who filed the Schedule 13G/A for Cango Inc (CANG)?
How many ADSs and what percentage of Cango does Tencent report owning?
How is the 3.9% stake calculated?
Does the filing indicate control or a group ownership greater than 5%?
Is there an exhibit or agreement attached to the filing?
