SCHEDULE: Chen Xueyi Reports 7.78% Stake in New Century Logistics

Chen Xueyi has filed a Schedule 13G, reporting beneficial ownership of 250,000 ordinary shares, representing 7.78% of the outstanding shares of New Century Logistics (BVI) Ltd.

Summary

• Chen Xueyi has acquired beneficial ownership of 250,000 ordinary shares in New Century Logistics (BVI) Ltd.
• This holding represents 7.78% of the company's outstanding ordinary shares.
• The filing is made under Schedule 13G, indicating the acquisition was not for the purpose of changing or influencing control of the issuer.
• The percentage of class is based on 3,214,538 Ordinary Shares outstanding as of August 26, 2026.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting a change in beneficial ownership without significant operational or financial disclosures.

Positives

• Increased institutional or significant individual investor interest in New Century Logistics, as indicated by the 7.78% stake.
• The filing confirms a specific number of shares (250,000) held by Chen Xueyi.

Negatives

• No financial performance data or operational updates are provided in this filing.
• The filing does not offer insights into the strategy or future prospects of New Century Logistics.

Risks

• Potential for increased share price volatility if the stake is part of a larger accumulation strategy.
• Lack of transparency regarding the investor's intentions beyond the certification of not seeking to influence control.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Management Comments

• Chen Xueyi certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive investment stakes. The significance of this 7.78% holding for New Century Logistics will depend on whether other large shareholders exist and the overall liquidity of the stock.

Stakeholder Impact

• Shareholders: May observe increased interest in the stock, potentially influencing trading volume and price, though the passive nature of the filing suggests no immediate control change.
• Management: Will be aware of a significant passive shareholder, which could influence future strategic decisions if the stake grows or if the investor's intentions change.

Next Steps

• Monitor future filings by Chen Xueyi for any changes in beneficial ownership.
• Observe any market activity or announcements from New Century Logistics that might provide context for this investment.

Key Dates

Keywords

New Century Logistics, Schedule 13G, Beneficial Ownership, Ordinary Shares, Chen Xueyi, Investment Holding