Connect Biopharma (CNTB) investor Wei Zheng discloses 4% beneficial stake
Rhea-AI Filing Summary
Connect Biopharma Holdings Ltd received an amended Schedule 13G from Wei Zheng reporting a beneficial ownership position in the company’s ordinary shares. Wei Zheng reports beneficial ownership of 2,520,359 ordinary shares, representing 4% of the class, with sole voting and dispositive power over all of these shares and no shared power. The percentage is based on 62,974,309 ordinary shares outstanding as disclosed in Connect Biopharma’s Form 10-Q for the period ended June 30, 2026.
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Key Figures
Beneficially owned shares: 2,520,359 shares
Percent of class: 4%
Shares outstanding: 62,974,309 shares
+2 more
5 metrics
Beneficially owned shares
2,520,359 shares
Ordinary shares beneficially owned by Wei Zheng
Percent of class
4%
Wei Zheng’s beneficial ownership of Connect Biopharma ordinary shares
Shares outstanding
62,974,309 shares
Ordinary shares outstanding as disclosed for June 30, 2026
Sole voting power
2,520,359 shares
Shares over which Wei Zheng has sole power to vote
Sole dispositive power
2,520,359 shares
Shares over which Wei Zheng has sole power to dispose
Key Terms
beneficial ownership, Sole Voting Power, Sole Dispositive Power, Percent of class
4 terms
beneficial ownership financial
"The percentage of beneficial ownership reported here is based on the total Ordinary Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole Voting Power financial
"5 | Sole Voting Power 2,520,359.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 2,520,359.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Percent of class financial
"Item 4. | Ownership (a) | Amount beneficially owned: 2,520,359.00 (b) | Percent of class: 4%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Connect Biopharma (CNTB) does Wei Zheng currently beneficially own?
Wei Zheng reports beneficial ownership of 4% of Connect Biopharma’s ordinary shares. This is based on 2,520,359 shares held versus 62,974,309 shares outstanding as disclosed in the company’s June 30, 2026 Form 10-Q.
What does the Schedule 13G/A filing for CNTB indicate about Wei Zheng’s ownership threshold?
The filing notes ownership of 5 percent or less of the class of Connect Biopharma’s ordinary shares. Specifically, Wei Zheng’s reported stake is 4%, reflecting beneficial ownership below the 5% reporting threshold level typically associated with larger holders.
AI-generated analysis. How Rhea-AI works. Not financial advice.