STOCK TITAN

Kynam Capital (BNR) reports 1.23M ADSs, representing 13.97% stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Burning Rock Biotech Ltd Schedule 13G/A (Amendment No. 4) reports that Kynam Capital Management, LP (with related filers) beneficially owns 1,227,555 ADSs, representing 13.97% of the class. The filing lists shared voting and dispositive power of 1,227,555 ADSs for Kynam entities and Yue Tang. The signatures are dated 05/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake disclosed: 1,227,555 ADSs (13.97%).

The filing shows Kynam Capital Management, LP and affiliated entities report shared voting and dispositive power over 1,227,555 ADSs, equal to 13.97%. This indicates a sizable disclosed position under Schedule 13G/A reporting conventions.

The filing is an amendment (Amendment No. 4) with signatures dated 05/15/2026. Future amendments or Form 13D would change characterization; timing and change drivers are not stated in the excerpt.

Shared control signals entity-level ownership, not sole control.

All three filers list 0 sole voting power and 1,227,555 shared voting and dispositive power, indicating coordinated ownership through affiliated entities rather than individual sole control.

Filers include a managing member signature by Yue Tang on 05/15/2026. Changes to voting arrangements or additional filings would be disclosed in subsequent amendments.

Beneficial ownership 1,227,555 ADSs Amount beneficially owned reported on Schedule 13G/A
Percent of class 13.97% Percent of class corresponding to 1,227,555 ADSs
CUSIP 12233L107 ADS class identifier listed on the filing
Par value $0.0002 per share Class A Ordinary Share par value as stated for each ADS
Filing amendment Amendment No. 4 Amendment label on the Schedule 13G/A
Signature date 05/15/2026 Date shown on managing member signatures
American Depositary Shares (ADSs) financial
"American Depositary Shares ("ADSs") of the Issuer, each ADS representing one Class A Ordinary Share"
A U.S.-listed certificate that stands for a specific number of shares in a non‑U.S. company held by a U.S. bank, making the foreign stock tradable on American exchanges in dollars. Think of it like a local voucher that represents ownership of an overseas product — it lets U.S. investors buy and sell foreign companies without handling foreign currency or foreign brokerage accounts, but it can affect dividends, voting rights, fees, liquidity and exposure to currency and regulatory differences.
Beneficially owned regulatory
"Item 4. | Ownership (a) | Amount beneficially owned: 1,227,555"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared dispositive power regulatory
"Shared Dispositive Power 1,227,555.00"
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12233L107

(CUSIP Number)
03/31/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Kynam Capital Management, LP
Signature:Yue Tang
Name/Title:Managing Member
Date:05/15/2026
Kynam Capital Management GP, LLC
Signature:Yue Tang
Name/Title:Managing Member
Date:05/15/2026
Yue Tang
Signature:Yue Tang
Name/Title:Self
Date:05/15/2026

FAQ

What stake does Kynam Capital report in Burning Rock Biotech (BNR)?

Kynam Capital reports beneficial ownership of 1,227,555 ADSs, equal to 13.97% of the class. The Schedule 13G/A lists shared voting and dispositive power over those ADSs across affiliated filers.

Who are the filers listed on the Schedule 13G/A for BNR?

The filers are Kynam Capital Management, LP, Kynam Capital Management GP, LLC, and Yue Tang. All three are disclosed as sharing voting and dispositive power over 1,227,555 ADSs.

What class of security is reported in the filing for BNR?

The filing covers American Depositary Shares (ADSs), each ADS representing one Class A Ordinary Share with par value $0.0002. The filing cites CUSIP 12233L107.

When was this Schedule 13G/A amendment signed?

Signatures on the amendment are dated 05/15/2026. The document is labeled Amendment No. 4 and shows managing member signatures by Yue Tang on that date.

Does the filing indicate sole voting control of shares?

No. The filing shows 0 shares of sole voting power for each filer and 1,227,555 shares of shared voting power, indicating shared, not sole, voting control.