SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

Pintec Technology Holdings Limited

(Name of Issuer)

Class A ordinary shares, $0.000125 par value per share

(Title of Class of Securities)

72352G 107**

(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 disclosures provided in a prior cover page.

 

**

CUSIP number 72352G 107 has been assigned to the American depositary shares (“ADSs”) of the issuer, which are quoted on The Nasdaq Global Market under the symbol “PT.” Each ADS represents seven Class A ordinary shares of the issuer.

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).

 

 

 


  1    

  Name of Reporting Person

 

  Mandra iBase 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

 

  43,398,689(1)

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  43,398,689(1)

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  43,398,689(1)

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  14.3%

12  

  Type of Reporting Person

 

  CO

 

(1)

Represents 1,084,986 Class A ordinary shares directly held by Mandra iBase Limited, 15,895,950 Class A ordinary shares in the form of 2,270,850 ADSs held by Mandra iBase Limited and approximately 26,417,753 Class A ordinary shares which may be purchased by Mandra iBase Limited through the exercise of a warrant pursuant to a Warrant Agreement entered into between Mandra iBase Limited and the Issuer (as defined below).

 

2


  1    

  Name of Reporting Person

 

  Beansprouts 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

 

  43,398,689(2)

   6   

  Shared Voting Power

 

  2,818,908(2)

   7   

  Sole Dispositive Power

 

  43,398,689(2)

   8   

  Shared Dispositive Power

 

  2,818,908(2)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  46,217,597(2)

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  15.2%

12  

  Type of Reporting Person

 

  CO

 

(2)

Represents (i) 1,084,986 Class A ordinary shares directly held by Mandra iBase Limited, 15,895,950 Class A ordinary shares in the form of 2,270,850 ADSs held by Mandra iBase Limited and approximately 26,417,753 Class A ordinary shares which may be purchased by Mandra iBase Limited through the exercise of a warrant pursuant to a Warrant Agreement entered into between Mandra iBase Limited and the Issuer, (ii) 1 Class A ordinary share directly held by Woo Foong Hong Limited, and (iii) 2,818,907 Class A ordinary shares in the form of 402,701 ADSs held by Mandra Mirabilite Limited. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., Woo Foong Hong Limited is 51% held by Beansprouts Ltd. and Mandra Mirabilite Limited is wholly owned and controlled by Woo Foong Hong Limited.

 

3


  1    

  Name of Reporting Person

 

  Bing How Mui

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  China, Hong Kong Special Administrative Region

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  46,217,597(3)

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  46,217,597(3)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  46,217,597(3)

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  15.2%

12  

  Type of Reporting Person

 

  IN

 

(3)

Represents (i) 1,084,986 Class A ordinary shares directly held by Mandra iBase Limited, 15,895,950 Class A ordinary shares in the form of 2,270,850 ADSs held by Mandra iBase Limited and approximately 26,417,753 Class A ordinary shares which may be purchased by Mandra iBase Limited through the exercise of a warrant pursuant to a Warrant Agreement entered into between Mandra iBase Limited and the Issuer, (ii) 1 Class A ordinary share directly held by Woo Foong Hong Limited, and (iii) 2,818,907 Class A ordinary shares in the form of 402,701 ADSs held by Mandra Mirabilite Limited. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., Woo Foong Hong Limited is 51% held by Beansprouts Ltd. and Mandra Mirabilite Limited is wholly owned and controlled by Woo Foong Hong Limited. Beansprouts Ltd. is owned by Bing How Mui and Song Yi Zhang, and each of them holds 50% of the issued and outstanding share capital of Beansprouts Ltd.

 

4


  1    

  Name of Reporting Person

 

  Song Yi Zhang

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  China, Hong Kong Special Administrative Region

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  38,500(4)

   6   

  Shared Voting Power

 

  46,217,597(4)

   7   

  Sole Dispositive Power

 

  38,500(4)

   8   

  Shared Dispositive Power

 

  46,217,597(4)

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  46,256,097(4)

10  

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

 

  ☐

11  

  Percent of Class Represented by Amount in Row 9

 

  15.3%

12  

  Type of Reporting Person

 

  IN

 

(4)

Represents (i) 1,084,986 Class A ordinary shares directly held by Mandra iBase Limited, 15,895,950 Class A ordinary shares in the form of 2,270,850 ADSs held by Mandra iBase Limited and approximately 26,417,753 Class A ordinary shares which may be purchased by Mandra iBase Limited through the exercise of a warrant pursuant to a Warrant Agreement entered into between Mandra iBase Limited and the Issuer, (ii) 1 Class A ordinary share directly held by Woo Foong Hong Limited, (iii) 2,818,907 Class A ordinary shares in the form of 402,701 ADSs held by Mandra Mirabilite Limited, and (iv) 38,500 Class A ordinary shares in the form of 5,500 ADSs held by iBase Limited. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., Woo Foong Hong Limited is 51% held by Beansprouts Ltd., Mandra Mirabilite Limited is wholly owned and controlled by Woo Foong Hong Limited and iBase Limited is wholly owned by Song Yi Zhang. Beansprouts Ltd. is owned by Bing How Mui and Song Yi Zhang, and each of them holds 50% of the issued and outstanding share capital of Beansprouts Ltd.

 

5


Item 1(a).   

Name of Issuer:

 

Pintec Technology Holdings Limited (the “Issuer”)

Item 1(b).   

Address of Issuer’s Principal Executive Offices:

 

216, 2/F East Gate, Pacific Century Place, No. A2 Gongti North Road, Chaoyang District, Beijing, People’s Republic of China

Item 2(a).   

Name of Person Filing:

 

(i) Mandra iBase Limited;

 

(ii) Beansprouts Ltd.;

 

(iii) Bing How Mui; and

 

(iv) Song Yi Zhang (collectively, the “Reporting Persons”)

Item 2(b).   

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

 

For Mandra iBase Limited

3rd Floor, J&C Building,

P.O. Box 933, Road Town, Tortola,

British Virgin Islands, VG1110

 

For Beansprouts Ltd.

3rd Floor, J&C Building,

P.O. Box 933, Road Town, Tortola,

British Virgin Islands, VG1110

 

For Bing How Mui and Song Yi Zhang

Flat 8A, Magazine Court,

5-7 Magazine Gap Road,

Hong Kong

Item 2(c)   

Citizenship:

 

Mandra iBase Limited - British Virgin Islands

Beansprouts Ltd. - British Virgin Islands

Bing How Mui - China, Hong Kong Special Administrative Region

Song Yi Zhang - China, Hong Kong Special Administrative Region

Item 2(d).   

Title of Class of Securities:

 

Class A ordinary shares, $0.000125 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 fifteen votes per share, subject to certain conditions, 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.

 

6


Item 2(e).    CUSIP Number:
   72352G 107
   This CUSIP number applies to the American depositary shares of the Issuer, each representing seven 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:
 

Mandra iBase Limited

     43,398,689        14.3     4.3     43,398,689        0        43,398,689        0  

Beansprouts Ltd.

     46,217,597        15.2     4.5     43,398,689        2,818,908        43,398,689        2,818,908  

Bing How Mui

     46,217,597        15.2     4.5     0        46,217,597        0        46,217,597  

Song Yi Zhang

     46,256,097        15.3     4.6     38,500        46,217,597        38,500        46,217,597  

As of December 31, 2020, Mandra iBase Limited held 1,084,986 Class A ordinary shares, 15,895,950 Class A ordinary shares in the form of 2,270,850 ADSs and approximately 26,417,753 Class A ordinary shares which may be purchased through the exercise of a warrant pursuant to a Warrant Agreement entered into between Mandra iBase Limited and the Issuer. As of December 31, 2020, (i) Woo Foong Hong Limited held 1 Class A ordinary share, (ii) Mandra Mirabilite Limited held 2,818,907 Class A ordinary shares in the form of 402,701 ADSs, and (iii) iBase Limited held 38,500 Class A ordinary shares in the form of 5,500 ADSs. Mandra iBase Limited is wholly owned and controlled by Beansprouts Ltd., Woo Foong Hong Limited is 51% held by Beansprouts Ltd., Mandra Mirabilite Limited is wholly owned and controlled by Woo Foong Hong Limited and iBase Limited is wholly owned by Song Yi Zhang. Beansprouts Ltd. is owned by Bing How Mui and Song Yi Zhang, and each of them holds 50% of the issued and outstanding share capital of Beansprouts Ltd.

The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 303,071,854 ordinary shares (being the sum of 252,132,334 Class A ordinary shares and 50,939,520 Class B ordinary shares) of the Issuer outstanding as of December 31, 2020 as a single class. 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.

The percentage of voting power is calculated by dividing the voting power beneficially owned by each Reporting Person by the voting power of all of the Issuer’s Class A ordinary shares and Class B ordinary shares as a single class 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 fifteen votes per share, subject to certain conditions, on all matters submitted to them for vote.

 

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

 

7


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

 

8


LIST OF EXHIBITS

 

Exhibit No.

  

Description

A    Joint Filing Agreement

 

9


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    
    MANDRA IBASE LIMITED
    By:  

/s/ Song Yi ZHANG

    Name:   Song Yi ZHANG
    Title:   Director
    BEANSPROUTS LTD.
    By:  

/s/ Song Yi ZHANG

    Name:   Song Yi ZHANG
    Title:   Director
    BING HOW MUI
   

/s/ Bing How Mui

    SONG YI ZHANG
   

/s/ Song Yi ZHANG

 

10