# EDGAR Filing Document

**Accession Number:** 0001767972
**File Stem:** 0000950103-23-001828
**Filing Date:** 2023-2
**Character Count:** 16406
**Document Hash:** 540e89fa4c3d4ef458ad6eea6f385385
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-23-001828.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0000950103-23-001828

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

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**GROUP MEMBERS**: MARBLE FAITH LTD

**GROUP MEMBERS**: STUDYVIP ONLINE EDUCATION LTD

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sunlands Technology Group
- **CENTRAL INDEX KEY:** 0001723935
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-EDUCATIONAL SERVICES [8200]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90454
- **FILM NUMBER:** 23583653

**BUSINESS ADDRESS:**
- **STREET 1:** BUILDING 4-6, CHAOLAI SCIENCE PARK
- **STREET 2:** NO. 36 CHUANGYUAN RD, CHAOYANG DISTRICT
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100012
- **BUSINESS PHONE:** 86 10 52413738

**MAIL ADDRESS:**
- **STREET 1:** BUILDING 4-6, CHAOLAI SCIENCE PARK
- **STREET 2:** NO. 36 CHUANGYUAN RD, CHAOYANG DISTRICT
- **CITY:** BEIJING
- **STATE:** F4
- **ZIP:** 100012

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sunlands Online Education Group
- **DATE OF NAME CHANGE:** 20171129
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Peng Ou
- **CENTRAL INDEX KEY:** 0001767972

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

**MAIL ADDRESS:**
- **STREET 1:** BUILDING 4-6, CHAOLAI SCIENCE PARK
- **STREET 2:** N0.36 CHUANGYUAN ROAD
- **CITY:** CHAOYANG DISTRICT, BEIJING
- **STATE:** F4
- **ZIP:** 00000

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**SCHEDULE 13G/A<br> Under the Securities Exchange Act of 1934**

**(Amendment No. 4)\***

**<br>** 

<br> **<u>Sunlands Technology Group (f/k/a Sunlands Online Education Group)</u>**

(Name of Issuer)

**<u>Class A Ordinary Shares, $0.00005 par value</u>**

(Title of Class of Securities)

**<u>86740P108\*\*</u>**

(CUSIP Number)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<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)

&nbsp;&nbsp;&nbsp;&nbsp;☒ 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.

\*\* CUSIP number 86740P108 has been assigned to the American Depositary Shares ("ADSs") of the Issuer, which is quoted on the New York Stock Exchange under the symbol "STG." Each ADS represents one half (1/2) Class A ordinary shares.

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).

(Continued on following page(s))

---

| | | | |
|:---|:---|:---|:---|
| 1 | <u>NAME OF REPORTING PERSON</u><br> **Ou Peng (a/k/a Jianhong Yin)** | <u>NAME OF REPORTING PERSON</u><br> **Ou Peng (a/k/a Jianhong Yin)** | <u>NAME OF REPORTING PERSON</u><br> **Ou Peng (a/k/a Jianhong Yin)** |
| 2 | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ |
| 3 | <u>SEC USE ONLY</u> | <u>SEC USE ONLY</u> | <u>SEC USE ONLY</u> |
| 4 | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **People's Republic of China** | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **People's Republic of China** | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **People's Republic of China** |
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 5 | <u>SOLE VOTING POWER</u><br> **2,833,024<sup>(1)</sup>**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 6 | <u>SHARED VOTING POWER</u><br> **-0-**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> |  | <u>SOLE DISPOSITIVE POWER</u><br> **2,833,024<sup>(1)</sup>**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 8 | <u>SHARED DISPOSITIVE POWER</u><br> **-0-**<br>|
| 9 | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **2,833,024<sup>(1)</sup>** | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **2,833,024<sup>(1)</sup>** | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **2,833,024<sup>(1)</sup>** |
| 10 | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ |
| 11 | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **53.0%<sup>(2)</sup>** | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **53.0%<sup>(2)</sup>** | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **53.0%<sup>(2)</sup>** |
| 12 | <u>TYPE OF REPORTING PERSON\*</u><br> **IN** | <u>TYPE OF REPORTING PERSON\*</u><br> **IN** | <u>TYPE OF REPORTING PERSON\*</u><br> **IN** |

---

_______________

(1) Consists of (i) 637,132 Class C ordinary shares held by Marble Faith Limited, a company ultimately wholly
owned by Vistra Trust (Hong Kong) Limited as trustee of an irrevocable trust, with Mr. Peng Ou as the settlor and certain family members
of Mr. Peng Ou as the beneficiaries, (ii) 2,084,772 Class C ordinary shares held by Studyvip Online Education Limited, a company wholly
owned by Mr. Peng Ou, and (iii) 111,120 Class A ordinary shares in the form of ADSs held of record by Mr. Peng Ou. Each Class C ordinary
share is convertible into one Class A ordinary share at any time by the holder thereof.

(2) Calculated based on 2,618,698 Class A ordinary shares issued and outstanding as of December 31, 2022 provided
by the Issuer.

---

| | | | |
|:---|:---|:---|:---|
| 1 | <u>NAME OF REPORTING PERSON</u><br> **Studyvip Online Education Limited** | <u>NAME OF REPORTING PERSON</u><br> **Studyvip Online Education Limited** | <u>NAME OF REPORTING PERSON</u><br> **Studyvip Online Education Limited** |
| 2 | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ |
| 3 | <u>SEC USE ONLY</u> | <u>SEC USE ONLY</u> | <u>SEC USE ONLY</u> |
| 4 | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **British Virgin Islands** | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **British Virgin Islands** | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **British Virgin Islands** |
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 5 | <u>SOLE VOTING POWER</u><br> **2,084,772<sup>(1)</sup>**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 6 | <u>SHARED VOTING POWER</u><br> **-0-**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> |  | <u>SOLE DISPOSITIVE POWER</u><br> **2,084,772<sup>(1)</sup>**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 8 | <u>SHARED DISPOSITIVE POWER</u><br> **-0-**<br>|
| 9 | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **2,084,772<sup>(1)</sup>** | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **2,084,772<sup>(1)</sup>** | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **2,084,772<sup>(1)</sup>** |
| 10 | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ |
| 11 | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **44.3%<sup>(2)</sup>** | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **44.3%<sup>(2)</sup>** | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **44.3%<sup>(2)</sup>** |
| <br> 12 | <u>TYPE OF REPORTING PERSON\*</u><br> **FI** | <u>TYPE OF REPORTING PERSON\*</u><br> **FI** | <u>TYPE OF REPORTING PERSON\*</u><br> **FI** |

---

_______________

(1) Consists of 2,084,772 Class C ordinary shares held by Studyvip Online Education Limited. Each Class C
ordinary share is convertible into one Class A ordinary share at any time by the holder thereof.

(2) Calculated based on 2,618,698 Class A ordinary shares issued and outstanding as of December 31, 2022 provided
by the Issuer.

---

| | | | |
|:---|:---|:---|:---|
| 1 | <u>NAME OF REPORTING PERSON</u><br> **Marble Faith Limited** | <u>NAME OF REPORTING PERSON</u><br> **Marble Faith Limited** | <u>NAME OF REPORTING PERSON</u><br> **Marble Faith Limited** |
| 2 | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ | <u>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</u> (a) ☐<br> (b) ☐ |
| 3 | <u>SEC USE ONLY</u> | <u>SEC USE ONLY</u> | <u>SEC USE ONLY</u> |
| 4 | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **British Virgin Islands** | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **British Virgin Islands** | <u>CITIZENSHIP OR PLACE OF ORGANIZATION</u><br> **British Virgin Islands** |
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 5 | <u>SOLE VOTING POWER</u><br> **637,132<sup>(1)</sup>**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 6 | <u>SHARED VOTING POWER</u><br> **-0-**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> |  | <u>SOLE DISPOSITIVE POWER</u><br> **637,132<sup>(1)</sup>**<br>|
| <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | <u>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON</u> | 8 | <u>SHARED DISPOSITIVE POWER</u><br> **-0-**<br>|
| 9 | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **637,132<sup>(1)</sup>** | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **637,132<sup>(1)</sup>** | <u>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</u><br> **637,132<sup>(1)</sup>** |
| 10 | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ | <u>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN</u><br> SHARES (SEE INSTRUCTIONS) ☐ |
| 11 | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **19.6%<sup>(2)</sup>** | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **19.6%<sup>(2)</sup>** | <u>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</u><br> **19.6%<sup>(2)</sup>** |
| 12 | <u>TYPE OF REPORTING PERSON\*</u><br> **FI** | <u>TYPE OF REPORTING PERSON\*</u><br> **FI** | <u>TYPE OF REPORTING PERSON\*</u><br> **FI** |

---

_______________

(1) Consists of 637,132 Class C ordinary shares held by Marble Faith Limited. Each Class C ordinary share is convertible into one Class
A ordinary share at any time by the holder thereof.

(2) Calculated based on 2,618,698 Class A ordinary shares issued and outstanding as of December 31, 2022 provided by the Issuer.

**Item 1.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) Name of Issuer: **Sunlands Technology Group (the "Issuer")** 

&nbsp;&nbsp;&nbsp;&nbsp;(b) Address of Issuer's Principal Executive Offices:

**Building 4-6, Chaolai Science Park, No. 36<br> Chuangyuan Road, Chaoyang District,<br> Beijing, 100012, the People's Republic of China**

**Item 2.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) Name of Person Filing:

**Peng Ou (a/k/a Peng Ou)<br> Studyvip Online Education Limited<br> Marble Faith Limited**

&nbsp;&nbsp;&nbsp;&nbsp;(b) Address of Principal Business Office or if none, Residence:

**c/o Sunlands Technology Group<br> Building 4-6, Chaolai Science Park, No. 36<br> Chuangyuan Road, Chaoyang District,<br> Beijing, 100012, the People's Republic of China**

&nbsp;&nbsp;&nbsp;&nbsp;(c) Citizenship:

**Peng Ou – People's Republic of China<br> Studyvip Online Education Limited – British Virgin Islands<br> Marble Faith Limited – British Virgin Islands**

&nbsp;&nbsp;&nbsp;&nbsp;(d) Title of Class of Securities: **Class A Ordinary Shares, $0.00005 par value** 

&nbsp;&nbsp;&nbsp;&nbsp;(e) CUSIP Number: CUSIP number 86740P108 has been assigned to the
ADSs, which is quoted on the New York Stock Exchange under the symbol "STG." Each ADS represents one half (1/2) Class A ordinary
shares.

**Item 3.** **Not Applicable**

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

The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person and is incorporated herein by reference.

**Item 5.** **Ownership of Five Percent or Less of a Class:** Not Applicable

**Item 6.** **Ownership of More than Five Percent on Behalf of Another Person:** Not Applicable

**Item 7.** **Identification and Classification of Subsidiary Which Acquired the Securities:** 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:** Not Applicable

**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.

February 3, 2023

---

| |
|:---|
| /s/ Jianhong Yin |
| Jianhong Yin |

---

---

| | | |
|:---|:---|:---|
| STUDYVIP ONLINE EDUCATION LIMITED | STUDYVIP ONLINE EDUCATION LIMITED | STUDYVIP ONLINE EDUCATION LIMITED |
| By: | /s/ Jianhong Yin | /s/ Jianhong Yin |
|  | Name: | Jianhong Yin |
|  | Title: | Director |

---

---

| | | |
|:---|:---|:---|
| MARBLE FAITH LIMITED | MARBLE FAITH LIMITED | MARBLE FAITH LIMITED |
| By: | /s/ Jianhong Yin | /s/ Jianhong Yin |
|  | Name: | Jianhong Yin |
|  | Title: | Director |

---

**EXHIBIT 1**

**JOINT FILING AGREEMENT**

The undersigned hereby agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements.

IN WITNESS WHEREOF, the undersigned have executed this agreement as of February 3, 2023.

---

| |
|:---|
| /s/ Jianhong Yin |
| Jianhong Yin |

---

---

| | | |
|:---|:---|:---|
| STUDYVIP ONLINE EDUCATION LIMITED | STUDYVIP ONLINE EDUCATION LIMITED | STUDYVIP ONLINE EDUCATION LIMITED |
| By: | /s/ Jianhong Yin | /s/ Jianhong Yin |
|  | Name: | Jianhong Yin |
|  | Title: | Director |

---

---

| | | |
|:---|:---|:---|
| MARBLE FAITH LIMITED | MARBLE FAITH LIMITED | MARBLE FAITH LIMITED |
| By: | /s/ Jianhong Yin | /s/ Jianhong Yin |
|  | Name: | Jianhong Yin |
|  | Title: | Director |

---