laitimes

Yale Technology's equity exposure: Yang Tao holds 40.2% of the shares and has 84.5% of the voting rights

author:Thunder delivery
Yale Technology's equity exposure: Yang Tao holds 40.2% of the shares and has 84.5% of the voting rights

Lei Jianping on May 16

Online social networking and gaming company Yalla Group Limited (stock code: YALA) (referred to as "Yalla", Yale Technology) recently submitted 20-F filings, which show that as of March 31, 2024, Yang Tao, the founder, chairman and CEO of Yale Technology, held 40.2% of the shares and had 84.5% of the voting rights. Jianfeng Xu, COO of Yale Technology, holds 6.4% of the shares and has 1.6% of the voting rights.

Yale Technology's equity exposure: Yang Tao holds 40.2% of the shares and has 84.5% of the voting rights

Yalla's shareholding structure as of March 31, 2024

Orchid Asia持股为17.2%,有4.3%的投票权;SIG Global China Fund I, LLLP持股为5.7%,有1.4%的投票权。

Yale Technology's equity exposure: Yang Tao holds 40.2% of the shares and has 84.5% of the voting rights

As of March 31, 2023, Yang Tao held 39.3% of the shares and had 84.5% of the voting rights; Jianfeng Xu holds 5.9% of the shares and has 1.5% of the voting rights.

Yale Technology's equity exposure: Yang Tao holds 40.2% of the shares and has 84.5% of the voting rights

Yalla's shareholding structure as of March 31, 2023

Orchid Asia持股为17.5%,有4.4%的投票权;SIG Global China Fund I, LLLP持股为5.8%,有1.5%的投票权。

The comparison shows that in the past year, Yang Tao's shareholding ratio increased by 0.9 percentage points, and Jianfeng Xu's shareholding ratio increased by 0.7 percentage points.

Yale Technology's equity exposure: Yang Tao holds 40.2% of the shares and has 84.5% of the voting rights

According to the annual report, Yale Technology's revenue in 2021, 2022, and 2023 will be US$273 million, US$304 million, and US$319 million respectively; net profit was US$82.59 million, US$79.04 million and US$113 million respectively; The net profit margin was 30.2%, 26% and 35.5% respectively.

As of December 31, 2023, Yalla held cash, cash equivalents, restricted cash, deposits, short-term investments of $536 million, compared to $453 million in cash, cash equivalents, restricted cash, deposits, short-term investments held by Yalla as of December 31, 2022.

———————————————

Lei Di was founded by Lei Jianping, a media person, if it is reprinted, please indicate the source.

Read on