Gaotu Techedu founder reports 52.4% ownership stake
Gaotu Techedu Inc. received an amended Schedule 13G reporting the beneficial ownership of its founder, Larry (Chen) Xiangdong, and Ebetter International Group Limited.
Rhea-AI Filing Summary
Gaotu Techedu Inc. received an amended Schedule 13G reporting the beneficial ownership of its founder, Larry (Chen) Xiangdong, and Ebetter International Group Limited. As of June 30, 2026, Chen is reported to beneficially own 82,119,817 ordinary shares, equal to 52.4% of the ordinary share capital and representing 90.9% of the total voting power. This includes 73,305,288 Class B ordinary shares and 8,814,529 Class A ordinary shares held directly and through ADSs and Ebetter.
Ebetter International Group Limited is reported to beneficially own 76,561,088 ordinary shares, or 48.9% of the class, representing 90.2% of the total voting power. The dual-class structure provides one vote per Class A share and ten votes per Class B share, concentrating control with Chen via The Better Learner Trust.
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Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
dispositive power financial
trustee financial
FAQ
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What percentage of Gaotu Techedu Inc. (GOTU) does Larry Xiangdong Chen beneficially own?
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