SC 13G 1 d128020dsc13g.htm SCHEDULE 13G SCHEDULE 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Lixiang Education Holding Co., Ltd.

(Name of Issuer)

Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

53934A115**

(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.

 

**

CUSIP number 53934A115 has been assigned to the American depositary shares (“ADSs”) of the Issuer, which are quoted on The Nasdaq Global Market under the symbol “LXEH”. Each ADS represents 5 ordinary 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).

 

 

 


SCHEDULE 13G

 

CUSIP No. 53934A115  

 

  1    

  Name of Reporting Persons

  I.R.S. Identification Nos. of Above Persons (Entities Only)

 

  Fen Ye

  2  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (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

 

  45,000,000 (See Item 4)

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  45,000,000 (See Item 4)

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  45,000,000 (See Item 4)

10  

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

  ☐

 

11  

  Percent of Class Represented by Amount in Row (9)

 

  67.5% (See Item 4)

12  

  Type of Reporting Person (See Instructions)

 

  IN

 

 

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SCHEDULE 13G

 

CUSIP No. 53934A115  

 

  1    

  Name of Reporting Persons

  I.R.S. Identification Nos. of Above Persons (Entities Only)

 

  Mengxiang Holdings Limited

  2  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (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

 

  45,000,000 (See Item 4)

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  45,000,000 (See Item 4)

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  45,000,000 (See Item 4)

10  

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

  ☐

 

11  

  Percent of Class Represented by Amount in Row (9)

 

  67.5% (See Item 4)

12  

  Type of Reporting Person (See Instructions)

 

  CO

 

 

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SCHEDULE 13G

 

CUSIP No. 53934A115  

 

Item 1.      
   (a)   

Name of Issuer:

 

Lixiang Education Holding Co., Ltd. (the “Issuer”)

   (b)   

Address of Issuer’s Principal Executive Offices:

 

No. 818 Hua Yuan Street, Liandu District, Lishui City, Zhejiang Province, 323000, People’s Republic of China.

Item 2.      
   (a)   

Name of Person Filing:

 

(1)   Fen Ye (“Ms. Ye”)

 

(2)   Mengxiang Holdings Limited (“Mengxiang Holdings”)

 

Ms. Ye and Mengxiang Holdings (collectively, the “Filing Persons”) have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1. Pursuant to the Joint Filing Agreement, the Filing Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) under the Act.

   (b)   

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

 

(1)   Ms. Ye: c/o No. 818 Hua Yuan Street, Liandu District, Lishui City, Zhejiang Province, 323000, People’s Republic of China.

 

(2)   Mengxiang Holdings: Coastal Building, Wickham’s Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands.

 

   (c)   

Citizenship:

 

(1)   Ms. Ye: People’s Republic of China

 

(2)   Mengxiang Holdings: British Virgin Islands

 

   (d)   

Title of Class of Securities:

 

Ordinary Shares, par value $0.0001 per share, of the Issuer

   (e)   

CUSIP Number:

 

53934A115

 

CUSIP number 53934A115 has been assigned to the American depositary shares (“ADSs”) of the Issuer. Each ADS represents five ordinary shares of the Issuer.

Item 3.    If this statement is filed pursuant to Sections §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
   Not Applicable.

 

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SCHEDULE 13G

 

CUSIP No. 53934A115  

 

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

Person(1)

   Amount beneficially
owned(1)
     Percent
of
class(2)
    Sole power
to vote or
direct the
vote(1)
     Shared
power to
vote or
to direct
the vote
     Sole power to
dispose or to
direct the
disposition
of(1)
     Shared power
to dispose or
to direct the
disposition of
 

Ms. Ye

     45,000,000        67.5     45,000,000        0        45,000,000        0  

Mengxiang Holdings

     45,000,000        67.5     45,000,000        0        45,000,000        0  

 

Notes:

 

  (1)

Represents 45,000,000 ordinary shares held by Mengxiang Holdings. Mengxiang Holdings is a company wholly-owned and controlled by Ms. Ye.

 

  (2)

This percentage is based on 66,667,000 ordinary shares outstanding as of December 31, 2020.

 

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.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control 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.

 

5


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: February 5, 2021

 

Fen Ye
 

/s/ Fen Ye

Mengxiang Holdings Limited
By:  

/s/ Fen Ye

  Name: Fen Ye
  Title: Director

 

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EXHIBITS INDEX

 

EXHIBIT NO.

  

EXHIBITS

99.1    Joint Filing Agreement

 

7