Private company

BAIYU Holdings, Inc.

BAIYU Holdings, Inc. is an American wholesale-metals and minerals company, incorporated in Delaware.1 It is headquartered in Guangdong, China.1

Last updated Oct 21, 2026.

Overview

  • IndustryWholesale-Metals & Minerals (No Petroleum)1
  • HeadquartersGuangdong, China1
  • Incorporated inDE2
  • Business addressRoom 3703, Jingji Binhe Times Building, Binhe Avenue, Futian District, Shenzhen, Guangdong, F4 5180002
  • Filer categoryNon-accelerated filer, Smaller reporting company2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-0.1%Gross margin3
-0.5%Net margin3
-14.2%Revenue growth, 20233
-0.2%Return on equity3
$9.5MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue86¢$134.8M
  • Selling, general and admin11¢$16.6M
  • Interest0¢$605.4K
  • Income tax3¢$4.0M

Out of $134.6M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Capital spending0¢$34.6K
  • Kept or used elsewhere100¢$9.5M

Out of $9.5M of cash from operations.3

Financial statements

Revenue456783$134.6M in 2023
-$100.0M0$100.0M$200.0M$300.0M2017: -$5.5M-$5.5M20172018: $488.1K$488.1K20182019: $663.0K$663.0K2019+36%2020: $28.3M$28.3M2020+4164%2021: $201.1M$201.1M2021+612%2022: $156.8M$156.8M2022−22%2023: $134.6M$134.6M2023−14%
Gross profit56783-$189.5K in 2023
-$1.0M0$1.0M$2.0M$3.0M$4.0M2018: $416.8K$416.8K20182019: $73.6K$73.6K2019−82%2020: $3.6M$3.6M2020+4830%2021: $3.0M$3.0M2021−17%2022: $1.0M$1.0M2022−65%2023: -$189.5K-$189.5K2023
Net income95673-$719.8K in 2023−93% since 2017
-$15.0M-$10.0M-$5.0M0$5.0M$10.0M2017: -$10.7M-$10.7M20172018: $7.6M$7.6M20182019: -$6.9M-$6.9M20192020: -$6.0M-$6.0M2020−14%2021: -$940.4K-$940.4K2021−84%2022: $4.5M$4.5M20222023: -$719.8K-$719.8K2023
Fiscal year2017201820192020202120222023
Revenue-$5.5M4$488.1K5$663.0K6$28.3M7$201.1M8$156.8M3$134.6M3
Cost of revenue$71.3K5$2.1M5$7.9M7$174.0M8$155.8M3$134.8M3
Gross profit$416.8K5$73.6K6$3.6M7$3.0M8$1.0M3-$189.5K3
Selling, general and admin$2.5M5$2.3M6$3.0M6$8.8M3$16.6M3
Operating expenses-$10.0M8$8.9M3$16.6M3
Interest$22.8K5$158.8K5$524.0K3$605.4K3
Income before tax$1.1M8$7.5M3$1.7M3
Income tax-$104.0K5$14.9K6$2.2M7$2.0M8$3.3M3$4.0M3
Net income-$10.7M9$7.6M5-$6.9M6-$6.0M7-$940.4K7$4.5M3-$719.8K3
Earnings per share-$0.604-$0.127-$0.048$4.013-$0.483
Earnings per share (diluted)-$0.604-$0.127-$0.048$3.633-$0.273
Shares (weighted, basic)21.5M shares81.1M shares34.7M shares3
Shares (weighted, diluted)24.2M shares81.2M shares38.5M shares3

Compare BAIYU Holdings, Inc. with another company

Corporate structure

BAIYU Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BAIYU Holdings, Inc.

  • Hu Yuan Filed SC 13G on BAIYU Holdings, Inc., latest Jun 25, 2024
  • Li Tan Filed SC 13G on BAIYU Holdings, Inc., latest Jun 25, 2024
  • Lianying Deng Filed SC 13G on BAIYU Holdings, Inc., latest Jun 25, 2024
  • Chao Luo Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (2 filings since Dec 6, 2023)
  • Chaoliang Yang Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (2 filings since Feb 3, 2023)
  • Katie Ou Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (5 filings since Jul 1, 2022)
  • Qianying Yuan Filed SC 13D/A on BAIYU Holdings, Inc., latest Jun 20, 2024 (3 filings since Nov 30, 2022)
  • Flying Height Consulting Services Ltd Filed SC 13D on BAIYU Holdings, Inc., latest Dec 7, 2023
  • Flying Height Trading Co., Ltd Filed SC 13D on BAIYU Holdings, Inc., latest Dec 7, 2023
  • Shanchuan Tan Filed SC 13D on BAIYU Holdings, Inc., latest Dec 6, 2023
  • Shuxiang Zhang Filed SC 13D/A on BAIYU Holdings, Inc., latest Feb 1, 2023 (2 filings since Nov 30, 2022)
  • BAIYU Holdings, Inc. Guangdong, China

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BAIYU Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$44.0K3 Dec 31, 2023$9.7K3 Dec 31, 2022+351.4%
Accumulated depreciation$11.9K3 Dec 31, 2023$3.4K3 Dec 31, 2022+252.7%
Property and equipment, net$32.1K3 Dec 31, 2023$6.4K3 Dec 31, 2022+403.8%
Operating-lease assets (leased space)$83.4K3 Dec 31, 2023$196.8K3 Dec 31, 2022−57.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$157.5M3 Dec 31, 2023$160.2M3 Dec 31, 2022−1.7%
Intangible assets, net (excluding goodwill)$45.3M3 Dec 31, 2023$54.1M3 Dec 31, 2022−16.3%
Finite-lived intangibles, gross$65.6M3 Dec 31, 2023$66.7M3 Dec 31, 2022−1.7%
Accumulated amortization$20.3M3 Dec 31, 2023$12.6M3 Dec 31, 2022+61.4%
Finite-lived intangibles, net$45.3M3 Dec 31, 2023$54.1M8 Dec 31, 2022−16.3%
Customer relationships, net$6.6M8 Dec 31, 2022$3.9M8 Dec 31, 2021+70.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$259.8K3 Dec 31, 2023$458.2K3 Dec 31, 2022−43.3%

Leadership

Who has led BAIYU Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Long Yi2013–2019
201520202025
  • Chief executive officerRenmei Ouyang Nov 30, 2022 to Nov 30, 202213
  • Chief executive officerJingeng Ling Jul 28, 2015 to Apr 29, 201614
  • Chief executive officerHuichun Qin Aug 13, 2013 to Aug 13, 201315
  • Chief financial officerLong Yi Aug 13, 2013 to Jul 3, 201916
Board members and other officers (16)

Former names

  • TD Holdings, Inc.Mar 23, 2020 to Sep 29, 20232
  • Bat Group, Inc.Jun 17, 2019 to Mar 12, 20202
  • China Bat Group, Inc.Jan 16, 2019 to Jun 7, 20192
  • China Commercial Credit IncAug 17, 2012 to Nov 15, 20182

Timeline

  1. Mar 5, 20258-K Executive or director change30
  2. Dec 23, 20248-K Executive or director change31
  3. Dec 4, 20248-K Shareholder vote32
  4. Nov 29, 20248-K Executive or director change33
  5. Nov 22, 20248-K Listing notice or transfer34
  6. Oct 30, 20248-K Entered a material agreement35
  7. Oct 8, 20248-K Listing notice or transfer36
  8. Sep 11, 20248-K Other events37
  9. Aug 29, 20248-K Entered a material agreement38
  10. Aug 27, 20248-K Entered a material agreement39
  11. Jul 17, 20248-K Executive or director change40
  12. Jun 11, 20248-K Entered a material agreement; Unregistered sale of shares41
  13. Nov 30, 2022New chief executive Renmei Ouyang becomes CEO13
  14. Jul 28, 2015New chief executive Jingeng Ling becomes CEO14
  15. Aug 13, 2013New chief executive Huichun Qin becomes CEO15

Filings

119 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 37 major events, 5 insider forms, 20 large holders, 44 other. The latest 20:

  1. Apr 22, 2025DEF 14C DEFINITIVE INFORMATION STATEMENT EDGAR
  2. Apr 10, 2025PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
  3. Mar 5, 20258-K CURRENT REPORT EDGAR
  4. Dec 23, 20248-K CURRENT REPORT EDGAR
  5. Dec 4, 20248-K EDGAR
  6. Nov 29, 20248-K CURRENT REPORT EDGAR
  7. Nov 22, 20248-K CURRENT REPORT EDGAR
  8. Nov 13, 202410-Q QUARTERLY REPORT EDGAR
  9. Oct 30, 20248-K CURRENT REPORT EDGAR
  10. Oct 29, 2024DEF 14A PROXY STATEMENT EDGAR
  11. Oct 18, 2024PRE 14A PROXY STATEMENT EDGAR
  12. Oct 8, 20248-K CURRENT REPORT EDGAR
  13. Sep 11, 20248-K CURRENT REPORT EDGAR
  14. Aug 29, 20248-K CURRENT REPORT EDGAR
  15. Aug 27, 20248-K CURRENT REPORT EDGAR
  16. Aug 12, 202410-Q QUARTERLY REPORT EDGAR
  17. Jul 17, 20248-K CURRENT REPORT EDGAR
  18. Jun 25, 2024SC 13G SCHEDULE 13G EDGAR
  19. Jun 25, 2024SC 13G SCHEDULE 13G EDGAR
  20. Jun 25, 2024SC 13G SCHEDULE 13G EDGAR

The 119 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

3 open-market trades by officers, directors and large owners since October 2021: 3 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 30, 2023Zhang Shuxiang10% ownerBuy10,000,000$1.21$12.1MForm 4
Nov 28, 2022Ouyang RenmeiChief Executive OfficerBuy10,000,000$1.15$11.5MForm 4
Nov 28, 2022Zhang Shuxiang10% ownerBuy10,000,000$1.15$11.5MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Hu YuanSC 13G, 1 filing Jun 25, 202442
  • Li TanSC 13G, 1 filing Jun 25, 202443
  • Lianying DengSC 13G, 1 filing Jun 25, 202444
  • Chao LuoSC 13D/A, 2 filings Dec 6, 2023 to Jun 20, 202445
  • Chaoliang YangSC 13D/A, 2 filings Feb 3, 2023 to Jun 20, 202446
  • Katie OuSC 13D/A, 5 filings Jul 1, 2022 to Jun 20, 202447
  • Qianying YuanSC 13D/A, 3 filings Nov 30, 2022 to Jun 20, 202448
  • Flying Height Consulting Services LtdSC 13D, 1 filing Dec 7, 202349
  • Flying Height Trading Co., LtdSC 13D, 1 filing Dec 7, 202350
  • Shanchuan TanSC 13D, 1 filing Dec 6, 202351
  • Shuxiang ZhangSC 13D/A, 2 filings Nov 30, 2022 to Feb 1, 202352

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2023Renmei Ouyang56$80.0K53
2023Tianshi (Stanley) Yang$45.0K53
2023Ge Ouyang47$42.0K53
2023Wenhao Cui31$30.0K53
2022(CEO)$600.0K53
2022(Former CFO)$78.8K53

SEC filer profile

How BAIYU Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBAIYU Holdings, Inc.1
  • CIK0001556266
  • Employer ID (EIN)45-40776531
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)5050 Wholesale-Metals & Minerals (No Petroleum)1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business addressRoom 3703, Jingji Binhe Times Building, Binhe Avenue, Futian District, Shenzhen, Guangdong, F4 5180001
  • Mailing address3607 Avenida Madera, Unit B, Bradenton, FL 342101
  • Phone86 (0755) 827921111
  • Shares outstanding49,945,235 as of Nov 13, 202412
  • Public float$71.8M as of Jun 30, 20233
  • On EDGAR sinceAug 17, 20121
  • Filings441 in all: 8-K (140), 10-Q (35), CORRESP (27), 4 (26), UPLOAD (26), 3 (17), NT 10-Q (15), SC 13D/A (14)1
    All 43 form types

    10-K (11), DEF 14A (11), S-1/A (10), SC 13D (10), 424B5 (9), NT 10-K (7), S-3/A (7), DEF 14C (6), PRE 14A (6), PRE 14C (6), SC 13G (6), 10-Q/A (5), EFFECT (5), 8-K/A (4), 424B4 (3), FWP (3), PRER14A (3), S-1 (3), S-3 (3), S-8 POS (3), SC 13G/A (3), D (2), DRSLTR (2), S-8 (2), 144 (1), 25-NSE (1), 8-A12B (1), CERTNAS (1), DEFA14A (1), DRS (1), DRS/A (1), NT 10-K/A (1), PREM14A (1), PRER14C (1), RW (1)

  • Latest filingsAnnual report (10-K) Mar 22, 2024
    Quarterly report (10-Q) Nov 13, 2024
    Proxy statement (DEF 14A) Oct 29, 2024
    Latest 8-K (8-K) Mar 5, 2025

Sources

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