HOYANG Development holds 14.64M Ryde shares (RYDE) — 9.76% stake

Rhea-AI Filing Summary

Ryde Group Ltd reports that HOYANG DEVELOPMENT LIMITED beneficially owns 14,642,000 Class A Ordinary Shares, representing 9.76% of the class based on 150,049,131 shares outstanding as referenced in the filing. The filing lists sole voting and dispositive power over these shares.

Insights

Equity Ownership Analyst

13G shows a single holder with near-10% stake and sole control.

The filing records 14,642,000 shares held by HOYANG DEVELOPMENT LIMITED with sole voting and dispositive power. The percentage reported is 9.76% calculated from 150,049,131 Class A Ordinary Shares as cited in the excerpt.

Timing and precise source linkage reference a Form 6-K dated May 18, 2026 in the excerpt; subsequent filings will confirm any changes.

Key Figures

Beneficial ownership: 14,642,000 shares Percent of class: 9.76% Shares outstanding (reference): 150,049,131 shares

3 metrics

Beneficial ownership 14,642,000 shares Class A Ordinary Shares held by HOYANG DEVELOPMENT LIMITED

Percent of class 9.76% Calculated from 150,049,131 shares outstanding per the filing

Shares outstanding (reference) 150,049,131 shares Quoted in the filing as the basis for the percentage; referenced to a Form 6-K dated May 18, 2026 in the excerpt

Key Terms

Beneficially owned, Sole Dispositive Power, Schedule 13G

3 terms

Beneficially owned financial

"Amount beneficially owned: 14,642,000 (shows investor control over economic interests)"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power regulatory

"Sole power to dispose or to direct the disposition of: 14,642,000"

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

"form_type: SCHEDULE 13G (ownership reporting for passive/qualifying investors)"

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 stake does HOYANG DEVELOPMENT hold in Ryde Group Ltd (RYDE)?

HOYANG DEVELOPMENT LIMITED beneficially owns 14,642,000 Class A Ordinary Shares, equal to 9.76% of the class as reported in the filing, using a base of 150,049,131 shares outstanding referenced in the excerpt.

Does HOYANG have voting control over its Ryde shares?

Yes. The filing states HOYANG has sole voting power and sole dispositive power for 14,642,000 shares, with 0 shared voting or dispositive power reported in the excerpt.

What outstanding share count was used to calculate the 9.76% figure?

The percentage is calculated based on 150,049,131 Class A Ordinary Shares, cited in the filing and attributed to information in the issuer's Form 6-K referenced in the excerpt dated May 18, 2026.

Who signed the Schedule 13G for HOYANG DEVELOPMENT?

The filing is signed by LIU MEIQUN, DIRECTOR, on behalf of HOYANG DEVELOPMENT LIMITED with a signature date shown as 07/06/2026 in the excerpt.

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

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Available on EDGAR 07/06/2026 - 08:01 AM Accepted by SEC EDGAR 07/06/2026 - 08:00 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Ryde Group Ltd

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

G7733R102

(CUSIP Number)

12/03/2025

(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

CUSIP Number(s): G7733R102

1

Names of Reporting Persons

HOYANG DEVELOPMENT LIMITED

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 14,642,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 14,642,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

14,642,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.76 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: 1 The percentage of 9.76% reported in Row 11 is calculated based upon 150,049,131 Class A Ordinary Shares. This figure for the total number of outstanding shares is based on the information disclosed within the Issuer's Report on Form 6-K, which was filed with the Securities and Exchange Commission on May 18, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ryde Group Ltd
(b)	Address of issuer's principal executive offices: Duo Tower, 3 Fraser Street, #08-21, Singapore 189352
Item 2.
(a)	Name of person filing: HOYANG DEVELOPMENT LIMITED
(b)	Address or principal business office or, if none, residence: FLAT B, 10/F, WAH HEN COMMERCIAL CENTRE, 381-383 HENNESSY ROAD, WAN CHAI, HONG KONG
(c)	Citizenship: Hong Kong
(d)	Title of class of securities: Class A Ordinary Shares
(e)	CUSIP Number(s): G7733R102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 14,642,000
(b)	Percent of class: 9.76 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 14,642,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 14,642,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

HOYANG DEVELOPMENT LIMITED

Signature:	/s/ LIU MEIQUN
Name/Title:	LIU MEIQUN, DIRECTOR
Date:	07/06/2026