SCHEDULE: Creative Global Technology: Hong, HSZ Holdings Maintain 66.08% Stake
Beneficial Ownership Update
Shangzhao (Cizar) Hong and HSZ Holdings Limited report continued beneficial ownership of 66.08% of Creative Global Technology Holdings Ltd's Class A ordinary shares.
Summary
- Shangzhao (Cizar) Hong and HSZ Holdings Limited each beneficially own 17,000,000 shares of Creative Global Technology Holdings Ltd.
- This ownership represents 66.08% of the Class A ordinary shares, calculated based on 17,225,000 Class A and 8,500,000 Class B ordinary shares outstanding as of March 31, 2025.
- The calculation assumes the conversion of all Class B ordinary shares into Class A ordinary shares.
- The 17,000,000 shares consist of 8,500,000 Class A ordinary shares and 8,500,000 Class B ordinary shares.
- Mr. Shangzhao (Cizar) Hong, a resident of Hong Kong, controls HSZ Holdings Limited, a British Virgin Islands entity.
- Both Mr. Hong and HSZ Holdings Limited possess sole voting and dispositive power over these 17,000,000 shares.
- CHSZ Holdings Limited, also controlled by Mr. Hong, reports 0 beneficial ownership.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently sway sentiment positively or negatively. It is a neutral, compliance-driven update.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of significant beneficial ownership, common for publicly traded companies, and does not inherently reflect broader industry trends or competitive positioning. It primarily updates the public record on who holds substantial control over the company.
Related Party Transactions
- HSZ Holdings Limited, a British Virgin Islands entity, is controlled by Mr. Shangzhao (Cizar) Hong, who is also a reporting person, indicating a related party relationship in terms of beneficial ownership.
Stakeholder Impact
- Shareholders: The significant beneficial ownership (66.08%) by Mr. Shangzhao (Cizar) Hong and HSZ Holdings Limited indicates concentrated control, which could influence corporate decisions and potentially impact minority shareholder voting power and influence.
Key Dates
| Date | Description |
|---|---|
| 2025-03-31 | Date as of which Class A and Class B ordinary shares issued and outstanding were reported. |
| 2025-09-29 | Date of Issuer's report on Form 6-K filed with the SEC, detailing outstanding shares. |
| 2025-09-30 | Date of event which requires filing of this statement. |
| 2025-11-12 | Date of signature for the Schedule 13G Amendment No. 2 filing. |
Keywords
Creative Global Technology Holdings Ltd, Shangzhao (Cizar) Hong, HSZ Holdings Limited, Beneficial Ownership, Class A Ordinary Shares, Class B Ordinary Shares, SEC Filing, Schedule 13G, Shareholder Stake
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