BAOS Baosheng Media Group Holdings Ltd

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G/A

(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.  1)*

 

Baosheng Media Group Holdings Limited

(Name of Issuer)

 

Ordinary shares, $0.0096 par value per share

(Title of Class of Securities)

 

G08908124**

(CUSIP Number)

 

December 31, 2023

(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)
x	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 G08908124 has been assigned to the ordinary shares (“Ordinary Shares”) of the Issuer, which are listed on the Nasdaq Capital Market under the symbol “BAOS.”

 

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).

 

 

 

CUSIP No. G08908124

 

1	Name of Reporting Person Deng Guan Investment Limited
2	Check the Appropriate Box if a Member of a Group (a)   ¨ (b)   x
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 96,857 (1)
		7	Sole Dispositive Power 0
		8	Shared Dispositive Power 96,857 (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person 96,857 (1)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
11	Percent of Class Represented by Amount in Row 9 6.312% (2)
12	Type of Reporting Person   FI

(1)	Represents 96,857 ordinary shares held by Deng Guan Investment Limited, a British Virgin Islands company wholly owned by Mr. Hui Yu.
(2)	The beneficial ownership percentage is calculated based on 1,534,487 ordinary shares of the Issuer issued and outstanding as of December 31, 2023.

 

 

CUSIP No. G08908124

 

1	Name of Reporting Person Hui Yu
2	Check the Appropriate Box if a Member of a Group (a)   ¨ (b)   x
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 0
		6	Shared Voting Power 96,857 (1)
		7	Sole Dispositive Power 0
		8	Shared Dispositive Power 96,857 (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person 96,857 (1)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
11	Percent of Class Represented by Amount in Row 9 6.312%  (2)
12	Type of Reporting Person   IN

(1)	Represents 96,857 ordinary shares beneficially owned by Mr. Hui Yu, held indirectly by Deng Guan Investment Limited, a British Virgin Islands company wholly owned by Mr. Hui Yu.
(2)	The beneficial ownership percentage is calculated based on 1,534,487 ordinary shares of the Issuer issued and outstanding as of December 31, 2023.

 

 

ITEM 1.

 

(a)

Name of Issuer:

 

Baosheng Media Group Holdings Limited

 

(b)

Address of Issuer’s Principal Executive Offices:

 

EAST FLOOR 5, BUILDING NO. 8

XISHANHUI SHIJINGSHAN DISTRICT, BEIJING

PEOPLE’S REPUBLIC OF CHINA 100041

 

ITEM 2.

 

(a)

Name of Person Filing:

 

	(i)	Deng Guan Investment Limited
	(ii)	Hui Yu

 

(collectively, the “Reporting Persons”)

 

(b)

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

 

The addresses of the Reporting Persons are:

 

(i)

Deng Guan Investment Limited

 

16/F, East Wing, Fortune Time, Building 11

Fenghuiyua, Xicheng District, Beijing

Beijing, People’s Republic of China

 

(ii)

Hui Yu

 

16/F, East Wing, Fortune Time, Building 11

Fenghuiyua, Xicheng District, Beijing

Beijing, People’s Republic of China

 

(c)

Citizenship:

 

(i)

Deng Guan Investment Limited

 

British Virgin Islands

 

(ii)

Hui Yu

 

People’s Republic of China

 

(d)

Title of Class of Securities:

 

Ordinary Shares, par value $0.0096 per share

 

(e)

CUSIP Number: G08908124

 

 

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

 

	(a)	¨	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
	(b)	¨	Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
	(c)	¨	Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
	(d)	¨	Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
	(e)	¨	An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
	(f)	¨	An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);
	(g)	¨	A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G);
	(h)	¨	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	¨	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
	(j)	¨	Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).

 

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 Persons		Beneficial Ownership		Percentage of Total Ordinary Shares(1)				Sole Voting Power				Shared Voting Power		Sole Dispositive Power				Shared Dispositive Power
Deng Guan Investment Limited (2)		96,857 (3)			6.312	%			0			96,857 (3)			0			96,857 (3)
Hui Yu		96,857 (4)			6.312	%			0			96,857 (4)			0			96,857 (4)

 

(1)	The beneficial ownership percentage is calculated based on 1,534,487 ordinary shares of the Issuer issued and outstanding as of December 31, 2023.
(2)	Deng Guan Investment Limited is wholly owned by Mr. Hui Yu.
(3)	Represents the number of ordinary shares held by Deng Guan Investment Limited as of December 31, 2023.
(4)	Represents the number of ordinary shares indirectly held by Mr. Hui Yu through Deng Guan Investment Limited as of December 31, 2023.

 

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨

 

 

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.

 

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.

 

 

LIST OF EXHIBITS

 

Exhibit No.		Description
99.1		Joint Filing Agreement

 

 

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: March 11, 2024

 

	Deng Guan Investment Limited
	/s/ Hui Yu
	Name: Hui Yu
	Title: Director
	/s/ Hui Yu
	Name: Hui Yu

 

 

Exhibit 99.1

 

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 ordinary shares, par value of US$0.0096 per share, of Baosheng Media Group Holdings Limited, a Cayman Islands exempted 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 March 11, 2024.

 

	Deng Guan Investment Limited
	/s/ Hui Yu
	Name: Hui Yu
	Title: Director
	/s/ Hui Yu
	Name: Hui Yu

 

 

 

 

 

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