Hua Yuan International Amends GigaCloud Stake to 1.1%

TL;DR

**Hua Yuan International now owns 1.1% of GigaCloud Technology, a slight update to their prior filing.**

AI Summary

Hua Yuan International Limited, a Hong Kong-based entity, filed an amended SC 13G/A on January 30, 2024, disclosing its beneficial ownership in GigaCloud Technology Inc. As of December 31, 2023, Hua Yuan International Limited holds sole voting and dispositive power over 438,990 Class A Ordinary Shares, representing 1.1% of the company's outstanding shares. This filing indicates a minor adjustment in their reported stake, which is important for investors to track as it reflects institutional interest and potential shifts in ownership structure.

Why It Matters

This filing shows a significant institutional investor's current stake in GigaCloud Technology Inc., providing transparency into who owns a substantial portion of the company and potentially influencing its future direction.

Risk Assessment

Risk Level: low — This is a routine amendment to a passive ownership filing and does not indicate any immediate significant risk or change in company control.

Analyst Insight

Investors should note this routine update to an institutional holding, confirming continued, albeit passive, interest from Hua Yuan International Limited in GigaCloud Technology Inc. This filing doesn't suggest any immediate catalysts but provides transparency on a significant shareholder's position.

Key Numbers

• 438,990 — Shares Beneficially Owned (Represents the total Class A Ordinary Shares held by Hua Yuan International Limited with sole voting and dispositive power.)
• 1.1% — Percentage of Class A Shares (The percentage of GigaCloud Technology Inc.'s Class A Ordinary Shares beneficially owned by Hua Yuan International Limited.)
• December 31, 2023 — Date of Event (The date as of which the beneficial ownership was determined for this filing.)
• January 30, 2024 — Filing Date (The date this amended SC 13G/A was filed with the SEC.)

Key Players & Entities

• Hua Yuan International Limited (company) — the reporting person and beneficial owner
• GigaCloud Technology Inc (company) — the issuer of the securities
• Hong Kong SAR (company) — place of organization for Hua Yuan International Limited
• US$0.05 (dollar_amount) — par value per Class A Ordinary Share

Forward-Looking Statements

• Hua Yuan International Limited will maintain a passive investment stance in GigaCloud Technology Inc. (Hua Yuan International Limited) — high confidence, target: Next 12 months

FAQ

Key Financial Figures

• $0.05 — ) Class A Ordinary Shares, par value US$0.05 per share (Title of Class of Securiti

Filing Documents

• tm243891d1_sc13g.htm (SC 13G/A) — 38KB
• 0001104659-24-008222.txt ( ) — 40KB

(a)

Item 1(a) Name of Issuer : GigaCloud Technology Inc (the “ Issuer ”)

(b)

Item 1(b) Address of Issuer’s Principal Executive Offices : 4388 Shirley Avenue, El Monte, CA 91731, USA.

(a)

Item 2(a) Name of Persons Filing : This Schedule 13G is filed by and on behalf of Hua Yuan International Limited.

(b)

Item 2(b) Address of Principal Business Office or, If None, Residence The address of the principal business office of the reporting person is Room 8201, 82/F, International Commerce Centre, 1 Austin Road, West KL, Hong Kong SAR.

(c)

Item 2(c) Citizenship Hong Kong SAR

(d)

Item 2(d) Title of Class of Securities : Class A ordinary shares, par value US$0.05 per share

(e)

Item 2(e) CUSIP Number : G38644 103 Item 3. Not applicable. Item 4. The information for each reporting person contained in rows 5-11 of the cover pages and Item 2(a) is incorporated herein by reference. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x . Item 6. Not applicable. CUSIP No. G38644 103 SCHEDULE 13G Page 3 of 3 Pages Item 7. Identification and Classification of Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certifications Not applicable. Schedule 13G SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 30, 2024 Hua Yuan International Limited By: /s/ Chengwei Liu Name: Chengwei Liu Title: Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR