CBAK Energy Technology, Inc.

Major Shareholding Notification • Jun 12, 2020

SC 13G 1 ea123009-13gshen_cbakenergy.htm SCHEDULE 13G

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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No __)*

CBAK ENERGY TECHNOLOGY, INC.

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(Name of Issuer)

COMMON STOCK, PAR VALUE $0.001

(Title of Class of Securities)

14986C 102

(CUSIP Number)

November 11, 2019

(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) |

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 14986C 102

1.	NAMES OF REPORTING PERSONS Ping Shen
2.	CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a)
☐
		(b)
☐
3.	SEC USE ONLY
4 .	CITIZENSHIP OR PLACE OF ORGANIZATION People’s Republic of China

| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE
VOTING POWER | 8,668,983 |
| --- | --- | --- |
| 6 . | SHARED
VOTING POWER | 0 |
| 7 . | SOLE
DISPOSITIVE POWER | 8,668,983 |
| 8 . | SHARED
DISPOSITIVE POWER | 0 |

| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 8,668,983 | |
| --- | --- | --- |
| 10. | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (see instructions) | ☐ |
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.76% | |
| 12. | TYPE OF REPORTING PERSON (see instructions) IN | |

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CUSIP No. 14986C 102

Item 1.

| (a) | Name
of Issuer CBAK Energy Technology, Inc. |
| --- | --- |
| (b) | Address of
Issuer’s Principal Executive Offices BAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Dalian, China 116450 |

Item 2.

| (a) | Name
of Person Filing Ping Shen |
| --- | --- |
| (b) | Address
of the Principal Office or, if none, residence Group
1 Livestock Ranch, Huaijia Town, Yushu City, Jilin Province, China 130416 |
| (c) | Citizenship China |
| (d) | Title of Class of
Securities Common Stock |
| (e) | CUSIP Number 14986C 102 |

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) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |

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CUSIP No. 14986C 102

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

| (a) | Amount
beneficially owned : 8,668,983 | |
| --- | --- | --- |
| (b) | Percent
of class : The
8,668,983 shares of common stock represent approximately 13.76% of the Issuer’s
outstanding common stock based on 62,978,784 shares of the Issuer’s common stock outstanding as of June 3, 2020. | |
| (c) | Number of shares as to which
the person has : | |
| | (i) | Sole power to vote or to direct the vote: 8,668,983 |
| | (ii) | Shared power to vote or to direct the vote:
0 |
| | (iii) | Sole power to dispose or to direct the disposition
of: 8,668,983 |
| | (iv) | Shared power to dispose or to direct the disposition
of: 0 |

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

Item 6. Ownership of More than Five 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.

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. Certification.

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.

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SIGNATURES

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.

Dated: June 12, 2020

/s/ Ping Shen

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Ping Shen

5

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