energy monster(EM) - 2022 Q4 - Annual Report

Introduction to Form 6-K Submission This section details the purpose of the Form 6-K submission and the company's identification as a Commission-Identified Issuer under the HFCAA Purpose of Submission This Form 6-K serves as a supplemental submission by Smart Share Global Limited, fulfilling the requirements of Item 16I(a) of Form 20-F concerning the Holding Foreign Companies Accountable Act (HFCAA) - The Company is submitting information required under Item 16I(a) of Form 20-F in relation to the Holding Foreign Companies Accountable Act (HFCAA)[2] HFCAA Background and Identification Smart Share Global Limited was conclusively identified as a Commission-Identified Issuer under the HFCAA on May 26, 2022, due to its 2021 annual report being audited by a firm in mainland China - Smart Share Global Limited was identified as a Commission-Identified Issuer by the SEC on May 26, 2022, under the HFCAA[3] - The identification was based on the audit report for the year ended December 31, 2021, issued by PricewaterhouseCoopers Zhong Tian LLP, a firm headquartered in mainland China[3] - The PCAOB had previously been unable to inspect or investigate completely registered public accounting firms headquartered in mainland China until December 2022[3] Assessment of Governmental Control This section presents the company's assessment of governmental control, detailing major shareholders and concluding on the absence of mainland China governmental influence Company's Stance on Control Based on its internal examination and public filings, Smart Share Global Limited asserts its belief that it is not owned or controlled by a governmental entity in mainland China - The Company believes it is not owned or controlled by a governmental entity in mainland China[4] Major Shareholder Breakdown This section details the major shareholders holding over 5% of outstanding shares as of March 31, 2023, none identified as governmental entities Major Shareholders (>5% Outstanding Shares) as of March 31, 2023 | Shareholder | % Outstanding Shares | % Total Voting Power | Controlling Entity/Individual | | :-------------------------------- | :------------------- | :------------------- | :-------------------------------- | | Smart Share Holdings Limited | 8.4% | 33.5% | Mr. Mars Guangyuan Cai | | Super June Limited | 5.9% | 23.4% | Mr. Peifeng Xu | | Taobao China Holding Limited | 14.7% | 6.4% | Alibaba Group Holding Limited | | Hillhouse entities | 12.1% | 5.3% | HIM & HHLR Advisors, Ltd. (common control) | | Xiaomi entities | 9.0% | 4.0% | Xiaomi Corporation | | Shunwei entities | 8.1% | 3.5% | Mr. Tuck Lye Koh (via Silver Unicorn Ventures Limited) | | China Ventures Fund I Pte. Ltd. | 6.9% | 3.0% | Softbank Group Corp. | | Beautyworks Investment Limited | 6.6% | 2.9% | Advantech Capital L.P. | | Sky9 Capital entities | 5.2% | 2.3% | Mr. Ronald Cao (via Sky9 Capital Fund III GP Ltd. & Sky9 Capital MVP Fund GP Ltd.) | Smart Share Holdings Limited This section outlines the ownership and voting power of Smart Share Holdings Limited, controlled by Mr. Mars Guangyuan Cai - Smart Share Holdings Limited holds 8.4% of outstanding shares and 33.5% of voting power, wholly owned by Mr. Mars Guangyuan Cai[4] Super June Limited This section details the ownership and voting power of Super June Limited, controlled by Mr. Peifeng Xu - Super June Limited holds 5.9% of outstanding shares and 23.4% of voting power, wholly owned by Mr. Peifeng Xu[5] Taobao China Holding Limited This section presents the ownership and voting power of Taobao China Holding Limited, a subsidiary of Alibaba Group Holding Limited - Taobao China Holding Limited holds 14.7% of outstanding shares and 6.4% of voting power, wholly owned by Alibaba Group Holding Limited (NYSE: BABA, HKEx: 9988)[5] Hillhouse Entities This section outlines the collective ownership and voting power of Hillhouse entities through managed funds - Hillhouse Investment Management, Ltd. (HIM) and HHLR Advisors, Ltd. (HHLR) collectively hold 12.1% of outstanding shares and 5.3% of voting power through managed funds, operating under common control[6] Xiaomi Entities This section details the collective ownership and voting power of Xiaomi entities, controlled by Xiaomi Corporation - People Better Limited, Green Better Limited, and ZMI (HONGKONG) INTERNATIONAL COMPANY LIMITED collectively hold 9.0% of outstanding shares and 4.0% of voting power, controlled by Xiaomi Corporation (HKEx: 1810)[7] Shunwei Entities This section outlines the collective ownership and voting power of Shunwei entities, controlled by Mr. Tuck Lye Koh - Shunwei Angels III Limited and Astrend Opportunity III Alpha Limited collectively hold 8.1% of outstanding shares and 3.5% of voting power, controlled by Mr. Tuck Lye Koh[8] China Ventures Fund I Pte. Ltd. This section details the ownership and voting power of China Ventures Fund I Pte. Ltd., a Softbank Group Corp. entity - China Ventures Fund I Pte. Ltd. holds 6.9% of outstanding shares and 3.0% of voting power, wholly owned by Softbank Group Corp., with Mr. Masayoshi Son as its largest shareholder[9] Beautyworks Investment Limited This section outlines the ownership and voting power of Beautyworks Investment Limited, ultimately controlled by Advantech Capital L.P. - Beautyworks Investment Limited holds 6.6% of outstanding shares and 2.9% of voting power, wholly owned by Advantech Master Investment Limited, which is wholly owned by Advantech Capital L.P.[9] Sky9 Capital Entities This section details the collective ownership and voting power of Sky9 Capital entities, controlled by Mr. Ronald Cao - Sky9 Capital Fund III, L.P. and Sky9 Capital MVP Fund, L.P. collectively hold 5.2% of outstanding shares and 2.3% of voting power, controlled by Mr. Ronald Cao through their respective general partners[10] Conclusion on Governmental Influence The Company explicitly states that it is unaware of any governmental entity in mainland China possessing direct or indirect power to direct or influence its management and policies, whether through ownership, contract, or other means - The Company is not aware of any governmental entity in mainland China with direct or indirect power to direct or cause the direction of its management and policies[11] Signatures This section provides details of the authorized signatory for the Form 6-K submission - The report was signed by Maria Yi Xin, Chief Financial Officer, on behalf of Smart Share Global Limited on April 28, 2023[12]