SCHEDULE 13G: Pacific Century Oil and Gas Technology and Principals Disclose 7.3% Stake in Leishen Energy Holding Co., Ltd.

Pacific Century Oil and Gas Technology Co., LTD, along with its controlling persons Yali Wang and Xiangteng Li, have disclosed a beneficial ownership of 7.3% in Leishen Energy Holding Co., Ltd. as of December 31, 2024.

Summary

• Pacific Century Oil and Gas Technology Co., LTD, a British Virgin Islands company, along with its controlling persons Yali Wang and Xiangteng Li (both citizens of China), have filed a Schedule 13G with the SEC.
• The filing reports beneficial ownership of 1,240,000 Ordinary Shares of Leishen Energy Holding Co., Ltd., par value $0.001 per share.
• This represents 7.3% of the total outstanding ordinary shares of Leishen Energy Holding Co., Ltd., calculated based on 17,025,000 shares outstanding as of January 8, 2025.
• Pacific Century Oil and Gas Technology Co., LTD directly holds these shares, while Yali Wang (60% owner) and Xiangteng Li (40% owner) are controlling persons with shared voting and dispositive power over these shares.
• A voting rights proxy agreement and power of attorney granted to Polar Energy Company Limited on August 10, 2023, can be terminated with 30 days' written notice, indicating the reporting persons retain beneficial interest in the shares.

Sentiment

Score: 5

Explanation: Neutral. The document is a factual disclosure of beneficial ownership and does not contain information that would inherently be positive or negative for the company's prospects, beyond the fact of a significant investment.

Positives

• The disclosure of a significant beneficial ownership stake by a corporate entity and its controlling individuals indicates a notable investment in Leishen Energy Holding Co., Ltd.
• The retention of beneficial interest by the reporting persons, despite a proxy agreement, suggests long-term strategic intent or flexibility regarding their investment.

Negatives

• The document does not contain any negative financial or operational information about Leishen Energy Holding Co., Ltd.; it is solely a beneficial ownership disclosure.

Risks

• The beneficial ownership is subject to a voting rights proxy agreement and power of attorney granted to Polar Energy Company Limited, which could influence voting control, although it is terminable with 30 days' written notice.

Future Outlook

The document is a beneficial ownership filing and does not contain forward-looking statements or guidance regarding the issuer's future performance or strategic outlook. It primarily details current ownership structure.

Industry Context

This filing is a standard disclosure of significant beneficial ownership, common in the financial industry. It indicates a substantial stake held by a specific entity and its principals in Leishen Energy Holding Co., Ltd. without providing broader industry trends or competitive analysis.

Comparison to Industry Standards

• This document is a regulatory filing detailing beneficial ownership and does not provide financial results or operational metrics that can be directly compared to industry standards or specific comparable companies/projects. Its purpose is to disclose ownership structure.

Stakeholder Impact

• Shareholders: The disclosure of a significant beneficial owner provides transparency regarding the company's ownership structure.

Key Dates

Keywords

Leishen Energy Holding Co. Ltd., Pacific Century Oil and Gas Technology Co. LTD, Yali Wang, Xiangteng Li, Schedule 13G, Beneficial Ownership, Ordinary Shares, SEC Filing, Shareholder, Investment, Corporate Governance