UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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. )*
Huize Holding Limited
(Name of Issuer)
Class A common shares, par value of $0.00001 per share
(Title of Class of Securities)
G46439 108
(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. |
| ** | There is no CUSIP number assigned to the class A common shares of the Issuer. CUSIP number G46439 108 has been assigned to the American depositary shares (“ADSs”) of the Issuer, which are quoted on The Nasdaq Global Market under the symbol “HUIZ.” Each ADS represents twenty class A common 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).
| CUSIP No. G46439 108 |
| 1 | Name of Reporting Person
Cunjun Ma | |||||
| 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
296,600,653 common shares. See Item 4. | ||||
| 6 | Shared Voting Power
0 | |||||
| 7 | Sole Dispositive Power
153,424,968 common shares. See Item 4. | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
299,434,414 common shares. See Item 4. | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
| 11 | Percent of Class Represented by Amount in Row (9)
28.7%. See Item 4. | |||||
| 12 | Type of Reporting Person
IN | |||||
2
| CUSIP No. G46439 108 |
| 1 | Name of Reporting Person
Huidz 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
150,591,207 Class B common shares. See Item 4. | ||||
| 6 | Shared Voting Power
0. See Item 4. | |||||
| 7 | Sole Dispositive Power
150,591,207 Class B common shares. See Item 4. | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
150,591,207 Class B common shares. See Item 4. | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
| 11 | Percent of Class Represented by Amount in Row (9)
14.5%. See Item 4. | |||||
| 12 | Type of Reporting Person
CO | |||||
3
| CUSIP No. G46439 108 |
| 1 | Name of Reporting Person
Bodyguard 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
0 | ||||
| 6 | Shared Voting Power
0. See Item 4. | |||||
| 7 | Sole Dispositive Power
55,110,084 Class A common shares. See Item 4. | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 |
Aggregate Amount Beneficially Owned by Each Reporting Person
55,110,084 Class A common shares. See Item 4. | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐ | |||||
| 11 | Percent of Class Represented by Amount in Row (9)
5.3%. See Item 4. | |||||
| 12 | Type of Reporting Person
CO | |||||
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CUSIP No. G46439 108
| Item 1(a). | Name of Issuer: |
Huize Holding Limited (the “Issuer”)
| Item 1(b). | Address of Issuer’s Principal Executive Offices: |
5/F, Building 3-4, Shenzhen Animation Park, Yuehai Road, Nanhai Avenue, Nanshan District, Shenzhen 518052, People’s Republic of China
| Item 2(a). | Name of Person Filing: |
Cunjun Ma, Huidz Holding Limited and Bodyguard Holding Limited (collectively, the “Reporting Persons”)
| Item 2(b). | Address of Principal Business Office or, if none, Residence: |
The address of Cunjun Ma is 5/F, Building 3-4, Shenzhen Animation Park, Yuehai Road, Nanhai Avenue, Nanshan District, Shenzhen 518052, People’s Republic of China. The address of Huidz Holding Limited and Bodyguard Holding Limited is both Commerce House, Wickhams Cay 1, P.O. Box 3140, Road Town, Tortola, British Virgin Islands VG1 110.
| Item 2(c) | Citizenship: |
Cunjun Ma is a citizen of the People’s Republic of China. Each of Huidz Holding Limited and Bodyguard Holding Limited is a business company incorporated in British Virgin Islands.
| Item 2(d). | Title of Class of Securities: |
Class A common shares, par value of $0.00001 per share
The Issuer’s common shares consist of Class A common shares and Class B common shares. Each holder of Class A common shares is entitled to one vote per share and each holder of Class B common shares is entitled to fifteen votes per share on all matters submitted to them for a vote. Class B common shares are convertible at any time by the holder thereof into Class A common shares on a one-for-one basis. Class A common shares are not convertible into Class B common shares under any circumstances.
| Item 2(e). | CUSIP Number: |
G46439 108
| Item 3. | Not applicable |
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| Item 4. | Ownership: |
The following information with respect to the ownership of the common shares of the Issuer by each Reporting Person is provided as of December 31, 2020.
| Reporting Person |
Amount beneficially owned: |
Percent of class(1): |
Percent of aggregate voting power(2): |
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: |
|||||||||||||||||||||
| Cunjun Ma |
299,434,414 | (3) | 28.6 | % | 76.3 | % | 296,600,653 | (3) | 0 | 153,424,968 | (3) | 0 | ||||||||||||||||
| Huidz Holding Limited |
150,591,207 | (4) | 14.4 | % | 71.6 | % | 150,591,207 | (4) | 0 | 150,591,207 | (4) | 0 | ||||||||||||||||
| Bodyguard Holding Limited |
55,110,084 | (5) | 5.3 | % | 0 | 0 | 0 | 55,110,084 | (5) | 0 | ||||||||||||||||||
| (1) | The percentage of class of securities beneficially owned by each Reporting Person is based on a total of 1,039,993,753 common shares (being the sum of 889,402,546 Class A common shares and 150,591,207 Class B common shares) of the Issuer outstanding as of December 31, 2020. |
| (2) | For each Reporting Person, percentage of aggregate voting power is calculated by dividing the voting power beneficially owned by such Reporting Person by the voting power of all of the Issuer’s class A and class B common shares as a single class. Each class A common share is entitled to one vote, and each class B common share is entitled to fifteen votes. Each class B common share is convertible at the option of the holder into one class A common share, whereas class A common shares are not convertible into class B common shares under any circumstances. |
| (3) | Represents (i) 2,833,761 Class A common shares issuable to Mr. Ma upon exercise of options within 60 days after December 31, 2020;, (ii) 150,591,207 Class B common shares directly held by Huidz Holding Limited, a company incorporated in British Virgin Islands that is ultimately and wholly owned by Mr. Cunjun Ma through Great Mercy Holding Limited, a company incorporated in the British Virgin Islands; and (iii) 146,009,446 Class A common shares held by other shareholders of the Issuer, the sole voting power of which has been delegated to Mr. Cunjun Ma. These shares are directly held by Bodyguard Holding Limited, Wande Weirong Limited, CDF Capital Insurtech Limited, Tian Jin Kun Zhi Enterprise Management Limited, Kunlun Technology Limited, Jumi Holding Limited and One Mind Holding Limited. |
| (4) | Represents 150,591,207 Class B common shares directly held by Huidz Holding Limited. |
| (5) | Represents 55,110,084 Class A common shares directly held by Bodyguard Holding Limited, an ESOP platform for the restricted share award of the Issuer or on behalf of certain director. The restricted shares are granted to certain directors, management and key employees of the Issuer who are shareholders of Bodyguard Holding Limited. The sole voting power of these Class A common shares has been delegated to Mr. Cunjun Ma. |
| 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
6
| 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 | |
8
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 11, 2021
| Cunjun Ma | ||
| /s/ Cunjun Ma | ||
| Huidz Holding Limited | ||
| By: | /s/ Cunjun Ma | |
| Name: Cunjun Ma | ||
| Title: Director | ||
| Bodyguard Holding Limited | ||
| By: | /s/ Feijuan Wang | |
| Name: Feijuan Wang | ||
| Title: Director | ||
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EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A common shares and Class B common shares, par value US$0.00001 per share, of Huize Holding Limited, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 11, 2021.
| Cunjun Ma | ||
| /s/ Cunjun Ma | ||
| Huidz Holding Limited | ||
| By: | /s/ Cunjun Ma | |
| Name: Cunjun Ma | ||
| Title: Director | ||
| Bodyguard Holding Limited | ||
| By: | /s/ Feijuan Wang | |
| Name: Feijuan Wang | ||
| Title: Director | ||
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