Welcome to our dedicated page for QUANTASING GROUP SEC filings (Ticker: QSG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
QuantaSing Group Limited, now operating as Here Group Limited, files as a foreign private issuer using Form 20-F and Form 6-K reports. The filings document the company's transition to an IP-based pop toy company, Nasdaq name and ticker changes, ADS-related voting materials, and shareholder approvals from extraordinary general meeting materials.
Regulatory disclosures also cover unaudited financial results, annual report availability, capital-structure matters, and material reports tied to the company's Letsvan investment and pop toy operations. The record includes notices, proxy forms, depositary materials, and current reports that describe governance actions, shareholder voting mechanics, and foreign-issuer reporting obligations.
Here Group Limited reported unaudited results for the third quarter of FY 2026. Revenue was RMB164.7 million (US$23.9 million), mainly from its WAKUKU, SIINONO and ZIYULI IP lines, generating gross profit of RMB56.9 million.
The company recorded a net loss of RMB34.1 million (US$4.9 million) and an adjusted net loss of RMB22.9 million (US$3.3 million). Basic and diluted net loss per ordinary share were RMB0.21, while adjusted net loss per share was RMB0.14.
Here now expects fourth-quarter FY 2026 revenue between RMB130.0 million and RMB140.0 million, and has cut full-year guidance from RMB750.0–800.0 million to RMB600.0–610.0 million to reflect near-term market conditions. The company highlighted cost-control efforts and margin focus.
Here also detailed share repurchases. Under its 2025 program of up to US$20.0 million, it had bought back 2.3 million ADSs for US$12.8 million as of June 1, 2026. A new 2026 share repurchase program of up to US$20.0 million is authorized to run from July 1, 2026 to June 30, 2027, funded from existing cash.
Here Group Ltd director WONG PEI HUA has filed an initial Form 3 showing existing equity holdings in the company. The filing reports two options over Class A ordinary shares, each with a conversion or exercise price of $0.4000 per share and an expiration date of December 27, 2033, covering 10,001 and 10,000 underlying Class A ordinary shares respectively. The filing also shows direct ownership of 3,333 American depositary shares. A footnote explains that each American depositary share represents three Class A ordinary shares. These entries are reported as holdings only, with no purchases, sales, or option exercises disclosed in this Form 3.
Here Group Ltd director Zhu Shunyan has filed an initial ownership report. The Form 3 shows direct holdings of 40,000 American depositary shares, with each ADS representing three Class A ordinary shares. It also lists several option awards over Class A ordinary shares, each with a $0.40 exercise price and expiration on March 20, 2035, with different future exercise dates.
Here Group Ltd’s CFO and Senior Vice President, Xie Dong, has filed an initial ownership report detailing equity holdings in the company. The filing shows direct holdings of American depositary shares totaling 440,355 units, with a footnote stating that each ADS represents three Class A ordinary shares.
The report also lists multiple stock option awards over Class A ordinary shares with exercise prices of $0.10 and $0.40 per share and expiration dates ranging from 2031 to 2034. These options cover blocks of 75,000 to 265,003 underlying shares that vest on various dates between 2024 and 2028, indicating a sizeable long-term incentive position.
Here Group Ltd filed a Form 3 showing that director and ten percent owner Frank Hurst Lin is associated with significant indirect holdings of the company’s equity through several DCM investment funds. The filing lists Class A Ordinary Shares and American Depository Shares held by DCM Ventures China Fund (DCM VIII), L.P., DCM VIII, L.P., and DCM Affiliates Fund VIII, L.P. The footnotes state that Lin, as a director of the general partner entity, may be deemed to have voting and investment power over these positions but disclaims beneficial ownership except to the extent of any pecuniary interest.
Here Group Limited reported strong growth but remained loss-making in the second quarter of FY 2026. Revenues from its pop toy business reached RMB177.3 million (US$25.3 million), a 39.4% quarter-over-quarter increase, driven mainly by its core IP brands and expansion of diversified sales channels.
Gross profit was RMB55.0 million, while higher sales and marketing, along with other operating expenses, led to a net loss from continuing operations of RMB25.4 million (US$3.6 million). On a non-GAAP basis, adjusted net loss from continuing operations was RMB16.1 million (US$2.3 million), or RMB0.10 per share.
Management guided pop toy revenues to RMB140.0–150.0 million for the third quarter and RMB750.0–800.0 million for FY 2026, reflecting confidence in continued growth. The company is also executing a share repurchase program of up to US$20.0 million, having bought back 1.7 million ADSs for US$10.8 million as of March 6, 2026.
QuantaSing Group Limited filed a Form 6-K announcing a rebrand. The company will begin trading under the new name Here Group Limited with the new ticker symbol HERE, effective November 11, 2025.
The filing lists an exhibit detailing the change. This update reflects a corporate name and ticker transition; no financial results or transaction terms are included in the excerpt.
Here Group Limited (QSG) outlined the terms of its American Depositary Share (ADS) program under a Form F‑6, with Citibank, N.A. as depositary. Each ADS represents the right to receive three (3) fully paid Class A ordinary shares. The ADS-to-share ratio may be adjusted as provided in the deposit agreement. ADSs are eligible for DTC settlement, and uncertificated ADSs may be issued subject to the agreement.
The filing details how holders can deposit and withdraw shares, transfer, split or combine ADRs, and how record dates are set for dividends, rights and voting. It explains treatment of cash and share distributions, elective distributions, rights offerings, redemptions, and corporate actions. It also covers ownership and reporting restrictions that may apply under law or the company’s articles, the fee schedule framework for issuances, cancellations and distributions, and tax withholdings. Voting follows the company’s rules (including polls); the depositary does not exercise discretion without instructions. Amendments, termination mechanics, and New York governing law (with a jury‑trial waiver) are also specified.
QuantaSing Group Limited (QSG) filed its annual report and detailed a strategic pivot to pop toys. The company acquired control of Shenzhen Letsvan in March 2025 and began consolidating results from April 2025, marking a shift away from legacy online learning after the VIE termination effective September 30, 2025.
For the fiscal year ended June 30, 2025, net income was RMB356.6 million (approximately $49.8 million). The pop toy business contributed RMB65.8 million in revenue in FY2025 as a new line. The board declared a special cash dividend of $0.067 per ordinary share, or $0.201 per ADS, with total cash dividends paid of $10.9 million in November 2024.
As of June 30, 2025, there were 114,114,919 Class A shares and 49,859,049 Class B shares outstanding; each ADS represents three Class A shares. The company completed a CAC cybersecurity review for its IPO in August 2022 and notes ongoing compliance considerations under PRC CSRC filing rules. The HFCAA risk has eased following PCAOB’s 2022 access report, though annual reassessment continues.