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Cloopen Group (RAASY) CFO discloses 2.8M indirect Class A share stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Cloopen Group Holding Ltd executive Li Yipeng, the Chief Financial Officer, has filed an initial statement of beneficial ownership. The Form 3 shows indirect beneficial ownership of 2,800,000 Class A Ordinary Shares as of February 8, 2021.

These shares are held by Flawless Success Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under Cloopen’s share incentive plans. This filing records existing holdings and does not report any new share purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Li Yipeng
Role Chief Financial Officer
Type Security Shares Price Value
holding Class A Ordinary Shares -- -- --
Holdings After Transaction: Class A Ordinary Shares — 2,800,000 shares (Indirect, See Footnote)
Footnotes (1)
  1. [object Object]
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Li Yipeng

(Last)(First)(Middle)
16/F, TOWER A, FAIRMONT TOWER,
33 GUANGSHUN NORTH MAIN STREET

(Street)
BEIJING100102

(City)(State)(Zip)

CHINA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
02/08/2021
3. Issuer Name and Ticker or Trading Symbol
Cloopen Group Holding Ltd [ RAASY ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares2,800,000ISee Footnote(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These Class A Ordinary Shares are held by Flawless Success Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under the Issuer's share incentive plans.
Remarks:
No derivative securities of the issuer are beneficially owned by the reporting person as of the event date.
/s/ Yipeng Li03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Li Yipeng’s Form 3 filing for Cloopen Group (RAASY) show?

The Form 3 shows indirect beneficial ownership of 2,800,000 Class A Ordinary Shares. These shares are attributed to Chief Financial Officer Li Yipeng as of February 8, 2021, and are held through a nominee entity linked to an employee share incentive trust.

Are there any share purchases or sales reported in this Cloopen (RAASY) Form 3?

No share purchases or sales are reported in this Form 3. The filing records an existing indirect holding of 2,800,000 Class A Ordinary Shares and serves as an initial ownership statement, rather than disclosing a new transaction in Cloopen’s stock.

How are the 2,800,000 Cloopen (RAASY) shares held for Li Yipeng?

The 2,800,000 Class A Ordinary Shares are held by Flawless Success Limited. This entity acts as a nominee for an employee trust that holds shares for the benefit of grantees under Cloopen Group’s share incentive plans, creating an indirect ownership structure.

What is the role of Flawless Success Limited in the Cloopen (RAASY) Form 3?

Flawless Success Limited acts as a nominee for an employee share trust. It holds 2,800,000 Class A Ordinary Shares for the benefit of participants in Cloopen’s share incentive plans, and these shares are reported as indirectly beneficially owned by CFO Li Yipeng.

Does this Cloopen Group (RAASY) Form 3 involve derivative securities or options?

No derivative securities or options are listed in this Form 3. The filing only reports indirect beneficial ownership of 2,800,000 Class A Ordinary Shares, with no separate derivative positions disclosed for Chief Financial Officer Li Yipeng.