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| CUSIP No. G07034104 |
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13G |
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Page
5
of 8 Pages |
The following information with respect to the ownership of the Ordinary Shares of the Issuer by each of the reporting persons is provided as of
December 31, 2023:
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| Reporting Person |
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Amount
beneficially
owned: |
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Percent of
class: |
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Sole power
to vote or
direct
the vote: |
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Shared
power to
vote or to
direct
the vote: |
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Sole power
to dispose or
to direct the
disposition of: |
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Shared
power to
dispose or to
direct the
disposition
of: |
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| Robin Yanhong Li |
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512,777,776 |
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18.2 |
% |
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512,777,776 |
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0 |
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458,664,384 |
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0 |
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| Handsome Reward Limited |
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451,964,032 |
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16.1 |
% |
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451,964,032 |
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0 |
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451,964,032 |
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0 |
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The above table includes collectively those Class A ordinary shares and Class B ordinary shares held
by each reporting person, and assumes conversion of all Class B ordinary shares of the Issuer into the same number of Class A ordinary shares.
As of December 31, 2023, Robin Yanhong Li was the record holder of 3,013,200 Class A ordinary shares, and owned 3,146,232
Class A ordinary shares in the form of ADSs in the brokerage account of the administrator of the Issuer’s employee stock option program. Mr. Li also had the right to acquire 540,920 Class A ordinary shares upon vesting of
restricted shares, granted under the Issuer’s share incentive plans, within 60 days after December 31, 2023. As of December 31, 2023, Mr. Li was able to exercise the voting power with respect to 54,113,392 Class A ordinary
shares in the form of ADSs over which certain employees have granted irrevocable voting proxies, but he does not have any economic interest with respect to these shares.
As of December 31, 2023, Handsome Reward Limited, a British Virgin Islands company, was the record holder of 439,200,000 Class B
ordinary shares, and owned 6,333,376 Class A ordinary shares in the form of ADSs in the brokerage account of the administrator of the Issuer’s employee stock option program. Handsome Reward Limited also had right to acquire 6,068,640
Class A ordinary shares upon exercise of options, and 362,016 Class A ordinary shares upon vesting of restricted shares, granted under the Issuer’s share incentive plans, within 60 days after December 31, 2023. Robin Yanhong Li
is the sole owner and director of Handsome Reward Limited. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Robin Yanhong Li may be deemed to beneficially own all of the shares
held by Handsome Reward Limited.
The voting power of the shares beneficially owned by Robin Yanhong Li represented 59.3% of the total
outstanding voting power of the Issuer as of December 31, 2023. The percentage of voting power is calculated by dividing the voting power beneficially owned by the reporting person by the voting power beneficially owned by all of the
Issuer’s holders of Class A ordinary shares and Class B ordinary shares as a single class as of December 31, 2023 (taking into account the number of shares that the reporting person had the right to acquire based on the options
and restricted shares that shall have become vested within 60 days after December 31, 2023). Each Class A ordinary share is entitled to one vote per share and each Class B ordinary share is entitled to ten votes per share on all
matters submitted to the shareholders for a vote.