# EDGAR Filing Document

**Accession Number:** 0001803238
**File Stem:** 0001213900-23-001811
**Filing Date:** 2023-1
**Character Count:** 9806
**Document Hash:** 8a99188b808eedcdae5597608863dba2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-001811.hdr.sgml**: 20230110

**ACCESSION NUMBER**: 0001213900-23-001811

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230110

**DATE AS OF CHANGE**: 20230110

**GROUP MEMBERS**: WORLDWIDE SUCCESS GROUP LTD

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUYI, INC.
- **CENTRAL INDEX KEY:** 0001750264
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91382
- **FILM NUMBER:** 23519623

**BUSINESS ADDRESS:**
- **STREET 1:** 42F, PEARL RIVER TOWER NO. 15, ZHUJIANG
- **STREET 2:** WEST ROAD, ZHUJIANG NEW TOWN, GUANGZHOU
- **CITY:** GUANGDONG PROVINCE
- **STATE:** F4
- **ZIP:** 510623
- **BUSINESS PHONE:** 86 20 29008955

**MAIL ADDRESS:**
- **STREET 1:** 42F, PEARL RIVER TOWER NO. 15, ZHUJIANG
- **STREET 2:** WEST ROAD, ZHUJIANG NEW TOWN, GUANGZHOU
- **CITY:** GUANGDONG PROVINCE
- **STATE:** F4
- **ZIP:** 510623
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yu Haifeng
- **CENTRAL INDEX KEY:** 0001803238

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 42F, PEARL RIVER TOWER,15 ZHUJIANG WEST
- **STREET 2:** ROAD, ZHUJIANG NEW TOWN, TIANHE DISTRICT
- **CITY:** GUANGZHOU
- **STATE:** F4
- **ZIP:** 510623

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G**

(Amendment No. 1)\*

**Under the Securities Exchange Act of 1934**

**<u>Puyi Inc.</u>**

(Name of Issuer)

**<u>Ordinary share, par value $0.001 per share</u>**

(Title of Class of Securities)

**<u>69373Y109</u>**

(CUSIP Number)

**<u>December 31, 2022</u>**

(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 the disclosures provided in a prior cover page.

The information required in 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).

CUSIP No. 69373Y109

1. Names of Reporting Persons. YU Haifeng

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<br> Shares<br> Beneficially<br> Owned by<br> Each Reporting<br> Person With | 5. | Sole Voting Power<br>40,240,500. See Item 4. |
| Number of<br> Shares<br> Beneficially<br> Owned by<br> Each Reporting<br> Person With | 6. | Shared Voting Power<br>0 |
| Number of<br> Shares<br> Beneficially<br> Owned by<br> Each Reporting<br> Person With | 7. | Sole Dispositive Power<br>40,240,500. See Item 4. |
| Number of<br> Shares<br> Beneficially<br> Owned by<br> Each Reporting<br> Person With | 8. | Shared Dispositive Power<br>0  |

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 40,240,500

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 Instructions) ☐

11. Percent of Class Represented by Amount in Row (9) 44.5%. See Item 4.

12. Type of Reporting Person: IN

CUSIP No. 69373Y109

1. Names of Reporting Persons. Worldwide Success Group Limited

2. Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐

3. SEC Use Only

4. Citizenship or Place of Organization British Virgin Islands

---

| | | |
|:---|:---|:---|
| Number of<br> Shares <br> Beneficially<br> Owned by <br> Each Reporting <br> Person With | 5. | Sole Voting Power<br>40,240,500. See Item 4. |
| Number of<br> Shares <br> Beneficially<br> Owned by <br> Each Reporting <br> Person With | 6. | Shared Voting Power<br>0 |
| Number of<br> Shares <br> Beneficially<br> Owned by <br> Each Reporting <br> Person With | 7. | Sole Dispositive Power<br>40,240,500. See Item 4. |
| Number of<br> Shares <br> Beneficially<br> Owned by <br> Each Reporting <br> Person With | 8. | Shared Dispositive Power<br>0  |

---

9. Aggregate Amount Beneficially Owned by Each Reporting Person 40,240,500

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
 Instructions) ☐

11. Percent of Class Represented by Amount in Row (9) 44.5%. See Item 4.

12. Type of Reporting Person: CO

CUSIP No. 69373Y109

---

| | |
|:---|:---|
| **Item 1(a).** | **Name of Issuer:** |

---

Puyi Inc. (the "Issuer")

---

| | |
|:---|:---|
| **Item 1(b).** | **Address of Issuer's Principal Executive Offices:** |

---

61F, Pearl River Tower No. 15 Zhujiang West Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510620, People's Republic of China

---

| | |
|:---|:---|
| **Item 2(a).** | **Name of Person Filing** |

---

This Statement is filed on behalf of the following persons (collectively, the "Reporting Persons"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i) YU Haifeng; and

ii) Worldwide Success Group Limited

---

| | |
|:---|:---|
| **Item 2(b).** | **Address of Principal Business Office or, if None, Residence:** |

---

The principal business office of Mr. YU Haifeng is 61F, Pearl River Tower No. 15 Zhujiang West Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510620, People's Republic of China

The principal business address of Worldwide Success Group Limited is OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands.

---

| | |
|:---|:---|
| **Item 2(c).** | **Citizenship:** |

---

Mr. YU Haifeng is a citizen of the People's Republic of China. Worldwide Success Group Limited is a British Virgin Islands company.

---

| | |
|:---|:---|
| **Item 2(d).** | **Title of Class of Securities:** |

---

Ordinary shares, par value $0.001 per share

---

| | |
|:---|:---|
| **Item 2(e).** | **CUSIP Number:** |

---

69373Y109

**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:**

This Item 3 is not applicable.

CUSIP No. 69373Y109

**Item 4.** **Ownership:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Reporting Person** | **Amount <br> beneficially <br> owned** | **Percent of <br> aggregate voting <br> power<sup>(3)</sup>** | **Sole power to<br> vote or direct<br> the vote** | **Shared power<br> to vote or to<br> direct the vote** | **Sole power to<br> dispose or to<br> direct the<br> disposition** | **Shared power<br> to dispose or to<br> direct the<br> disposition** |
| YU Haifeng | 40240500<sup>(1)</sup> | 44.5% | 40240500<sup>(1)</sup> | 0 | 40240500<sup>(2)</sup> | 0 |
| Worldwide Success Group Limited | 40240500<sup>(2)</sup> | 44.5% | 40240500<sup>(2)</sup> | 0 | 40240500<sup>(2)</sup> | 0 |

---

(1) Represents 40,240,500 ordinary shares held through Worldwide
Success Group Limited. Worldwide Success Group Limited is a limited liability company incorporated in the British Virgin Islands and
is wholly owned by YU Haifeng.

(2) Represents 40,240,500 ordinary share held by Worldwide Success
Group Limited, which is a limited liability company incorporated in the British Virgin Islands and is wholly owned by YU Haifeng.

(3) For each Reporting Person, the percentage of aggregate voting
power is calculated by dividing the voting power beneficially owned by such Reporting Person by the voting power of all of 90,472,014
ordinary shares as of December 31, 2022.

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

This Item 5 is not applicable.

**Item 6.** **Ownership of More than Five Percent on Behalf of Another Person:**

This Item 6 is 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:**

This Item 7 is not applicable.

**Item 8.** **Identification and Classification of Members of the Group:**

This Item 8 is not applicable

**Item 9.** **Notice of Dissolution of Group:**

This Item 9 is not applicable.

**Item 10.** **Certification:**

This Item 10 is not applicable.

CUSIP No. 69373Y109

**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.

---

| | |
|:---|:---|
| **YU Haifeng** | **YU Haifeng** |
| By: | /s/ YU Haifeng |
| **Worldwide Success Group Limited** | **Worldwide Success Group Limited** |
| By: | /s/ YU Haifeng |
|  | YU Haifeng |
|  | Director |

---

CUSIP No. 69373Y109

**Exhibit Index**

---

| | |
|:---|:---|
| **Ex.** |  |
| A | [Joint Filing Agreement](#a_001) |

---

CUSIP No. 69373Y109

**Exhibit A**

**JOINT FILING AGREEMENT**

The undersigned hereby agree that the statement on Schedule 13G with respect to the ordinary shares of Puyi Inc. dated as of January 10, 2023 is signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

---

| | |
|:---|:---|
| **YU Haifeng** | **YU Haifeng** |
| By: | /s/ YU Haifeng |
| **Worldwide Success Group Limited** | **Worldwide Success Group Limited** |
| By: | /s/ YU Haifeng |
|  | YU Haifeng |
|  | Director |

---

January 10, 2023