STOCK TITAN

Tencent Holdings (HQ) reports 11.1% stake in Horizon Quantum via THL A12

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Tencent Holdings Limited, through its wholly owned subsidiary THL A12 Limited, reports beneficial ownership of 3,800,438 Class A Ordinary Shares of Horizon Quantum Holdings Ltd. This represents 11.1% of the Class A shares, giving Tencent and THL A12 sole voting and sole dispositive power over these shares.

The ownership percentage is based on 34,227,495 Class A Ordinary Shares outstanding as of June 30, 2026, as referenced from Horizon Quantum’s interim financial statements. Both reporting persons are organized offshore (Cayman Islands for Tencent and British Virgin Islands for THL A12), and this filing is identified as Amendment No. 1 to a Schedule 13G.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 3,800,438 Class A Ordinary Shares Shares beneficially owned by THL A12 Limited, attributed to Tencent Holdings Limited
Ownership percentage 11.1% Percent of Horizon Quantum Class A shares beneficially owned by the reporting persons
Shares outstanding 34,227,495 Class A Ordinary Shares Aggregate Class A shares outstanding as of June 30, 2026
CUSIP Y4000A102 Identifier for Horizon Quantum Holdings Ltd. Class A Ordinary Shares
Amendment number Amendment No. 1 Indicates this is an amended Schedule 13G filing
beneficially owns financial
"THL A12 Limited beneficially owns 3,800,438 Class A Ordinary Shares."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
beneficial ownership financial
"Tencent Holdings Limited may be deemed to have beneficial ownership of 3,800,438 Class A 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 3,800,438.00"
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 3,800,438.00"
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.
Schedule 13G regulatory
"Amendment No. 1 to a Schedule 13G."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What percentage of Horizon Quantum (HQ) does Tencent report owning?

Tencent, through THL A12 Limited, reports beneficial ownership of 11.1% of Horizon Quantum’s Class A Ordinary Shares, based on 34,227,495 shares outstanding as of June 30, 2026.

How many Horizon Quantum (HQ) shares does Tencent beneficially own?

Tencent, via its wholly owned subsidiary THL A12 Limited, beneficially owns 3,800,438 Class A Ordinary Shares of Horizon Quantum, with sole voting and sole dispositive power over these shares.

How was Tencent’s 11.1% stake in Horizon Quantum (HQ) calculated?

The 11.1% figure is calculated using 3,800,438 Class A shares held by THL A12 Limited divided by 34,227,495 Class A Ordinary Shares outstanding as of June 30, 2026.

Who are the reporting persons in this Horizon Quantum (HQ) Schedule 13G/A?

The reporting persons are Tencent Holdings Limited and its direct wholly owned subsidiary THL A12 Limited, which together report beneficial ownership of Horizon Quantum’s Class A Ordinary Shares.

Does Tencent share voting or dispositive power over Horizon Quantum (HQ) shares?

For the reported 3,800,438 shares, Tencent and THL A12 Limited disclose sole voting power and sole dispositive power, with no shared voting or dispositive power reported.

What is the security class and CUSIP for Horizon Quantum (HQ) in this filing?

The filing covers Class A Ordinary Shares of Horizon Quantum Holdings Ltd. The shares are identified by CUSIP Y4000A102 in the ownership disclosure.

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

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Learn about SEC filing dates





Y4000A102

(CUSIP Number)
06/30/2026

(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



Tencent Holdings Ltd
Signature:/s/ Ma Huateng
Name/Title:Ma Huateng, Director
Date:08/14/2026
THL A12 Limited
Signature:/s/ Li Qingjie
Name/Title:Li Qingjie, Director
Date:08/14/2026
Exhibit Information

99.1 Joint Filing Agreement (previously filed as Exhibit 99.1 to Schedule 13G filed by the reporting persons with the Securities and Exchange Commission on March 25, 2026).