Kynam Capital Discloses 1.23M ADSs (13.97%) in Burning Rock

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.

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.

Insights

Institutional Ownership Analyst

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.

Corporate Governance Specialist

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.

Key Figures

Beneficial ownership: 1,227,555 ADSs Percent of class: 13.97% CUSIP: 12233L107 +3 more

6 metrics

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

Key Terms

American Depositary Shares (ADSs), Beneficially owned, Shared dispositive power

3 terms

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/15/2026 - 04:01 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Burning Rock Biotech Ltd

(Name of Issuer)

American Depository Shares ("ADSs") of the Issuer, each ADS representing one Class A Ordinary Share, par value $0.0002 per share

(Title of Class of Securities)

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

CUSIP Number(s): 12233L107

1

Names of Reporting Persons

Kynam Capital Management, LP

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,227,555.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,227,555.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

13.97 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 12233L107

1

Names of Reporting Persons

Kynam Capital Management GP, LLC

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,227,555.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,227,555.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

13.97 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): 12233L107

1

Names of Reporting Persons

Yue Tang

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,227,555.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,227,555.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

13.97 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Burning Rock Biotech Ltd
(b)	Address of issuer's principal executive offices: NO. 5 XINGDAO RING ROAD NORTH,, INTERNATIONAL BIO ISLAND, GUANGZHOU, GUANGDONG, CHINA 510005
Item 2.
(a)	Name of person filing: Kynam Capital Management, LP Kynam Capital Management GP, LLC Yue Tang
(b)	Address or principal business office or, if none, residence: 221 ELM ROAD PRINCETON, New Jersey 08540
(c)	Citizenship: Kynam Capital Management, LP - DELAWARE Kynam Capital Management GP, LLC - DELAWARE Yue Tang - UNITED STATES
(d)	Title of class of securities: American Depository Shares ("ADSs") of the Issuer, each ADS representing one Class A Ordinary Share, par value $0.0002 per share
(e)	CUSIP No.: 12233L107
Item 3.	If this statement is filed pursuant to §§ 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 § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 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)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,227,555
(b)	Percent of class: 13.97 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Kynam Capital Management, LP - 0 Kynam Capital Management GP, LLC - 0 Yue Tang - 0
	(ii) Shared power to vote or to direct the vote: Kynam Capital Management, LP - 1,227,555 Kynam Capital Management GP, LLC - 1,227,555 Yue Tang - 1,227,555
	(iii) Sole power to dispose or to direct the disposition of: Kynam Capital Management, LP - 0 Kynam Capital Management GP, LLC - 0 Yue Tang - 0
	(iv) Shared power to dispose or to direct the disposition of: Kynam Capital Management, LP - 1,227,555 Kynam Capital Management GP, LLC - 1,227,555 Yue Tang - 1,227,555
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

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