Smart Share Global Ltd (EM): Xiaomi and affiliates file exit Schedule 13G/A
Rhea-AI Filing Summary
Xiaomi Corporation and affiliated entities filed an amended Schedule 13G stating they have ceased to be beneficial owners of more than five percent of the Class A ordinary shares of Smart Share Global Ltd. The amendment reports that each of Xiaomi Corporation, Fast Pace Limited, People Better Limited, Green Better Limited, and ZMI (HONGKONG) INTERNATIONAL COMPANY LIMITED now holds 0.00 shares, with 0% of the outstanding class, and no sole or shared voting or dispositive power over the issuer’s Class A ordinary shares. This filing is designated as the final amendment and constitutes an exit filing for each reporting person.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership percentage: 0%
Beneficially owned shares: 0.00 shares
Sole Voting Power: 0.00
+2 more
5 metrics
Beneficial ownership percentage
0%
Percent of Class A ordinary shares reported by each reporting person
Beneficially owned shares
0.00 shares
Amount beneficially owned in row 9 for each reporting person
Sole Voting Power
0.00
Sole power to vote or direct the vote in row 5 for each reporting person
Shared Voting Power
0.00
Shared power to vote or direct the vote in row 6 for each reporting person
Sole Dispositive Power
0.00
Sole power to dispose or direct the disposition in row 7 for each reporting person
Key Terms
beneficial owners, Sole Voting Power, Shared Dispositive Power, exit filing, +1 more
5 terms
beneficial owners financial
"Reporting Persons have ceased to be the beneficial owners of more than five percent"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
Sole Voting Power financial
"5 | Sole Voting Power 0.00 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.
exit filing regulatory
"constitutes an exit filing for each Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What level of beneficial ownership do the reporting persons in EM now hold?
Each reporting person now reports 0.00 shares beneficially owned and 0% of the outstanding Class A ordinary shares of Smart Share Global Ltd, with no sole or shared voting or dispositive power over those shares.