SCHEDULE 13G: SKY INTERCONNECT GLOBAL LIMITED and Lu-Ming Peng Disclose 8.60% Stake in CCSC Technology International Holdings Limited

SKY INTERCONNECT GLOBAL LIMITED and its sole shareholder, Lu-Ming Peng, have disclosed a beneficial ownership of 8.60% in CCSC Technology International Holdings Limited, holding 566,000 Class A ordinary shares as of December 31, 2024.

Summary

• SKY INTERCONNECT GLOBAL LIMITED and Lu-Ming Peng have jointly filed a Schedule 13G, disclosing their beneficial ownership in CCSC Technology International Holdings Limited.
• As of December 31, 2024, the reporting persons beneficially own an aggregate of 566,000 Class A ordinary shares.
• This ownership represents 8.60% of the total 6,581,250 Class A ordinary shares outstanding as of the same date.
• Lu-Ming Peng is identified as the sole shareholder and director of SKY INTERCONNECT GLOBAL LIMITED, and is therefore deemed to beneficially own the shares held by the entity.
• Both reporting persons share voting and dispositive power over the 566,000 shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's performance or outlook.

Positives

• Increased transparency regarding significant ownership stakes in CCSC Technology International Holdings Limited.
• The disclosure of a substantial 8.60% stake by a single entity/individual could signal confidence in the company's future prospects.

Related Party Transactions

• Lu-Ming Peng is the sole shareholder and director of SKY INTERCONNECT GLOBAL LIMITED, indicating a direct control relationship over the beneficially owned shares.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant ownership stake, which can influence perceptions of control and stability.
• Regulatory Authorities: Fulfills SEC disclosure requirements for beneficial ownership, ensuring market transparency.

Key Dates

Keywords

CCSC Technology International Holdings Limited, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SKY INTERCONNECT GLOBAL LIMITED, Lu-Ming Peng, SEC filing, Shareholding, Ownership disclosure, Investment