SC 13G/A: SHENGFENG DEVELOPMENT Ltd

Ticker: SFWL · Form: SC 13G/A · Filed: Oct 22, 2024 · CIK: 1863218

Shengfeng Development Ltd SC 13G/A Filing Summary
FieldDetail
CompanyShengfeng Development Ltd (SFWL)
Form TypeSC 13G/A
Filed DateOct 22, 2024
Risk Levellow
Pages5
Reading Time6 min
Key Dollar Amounts$0.0001
Sentimentneutral

Sentiment: neutral

Topics: sc-13g-a

AI Summary

SC 13G/A filing by SHENGFENG DEVELOPMENT Ltd.

Risk Assessment

Risk Level: low

FAQ

What type of filing is this?

This is a SC 13G/A filing submitted by Shengfeng Development Ltd (ticker: SFWL) to the SEC on Oct 22, 2024.

What is the risk level of this SC 13G/A filing?

This filing has been assessed as low risk.

What are the key financial figures in this filing?

Key dollar amounts include: $0.0001 (er) Class A Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti).

How long is this filing?

Shengfeng Development Ltd's SC 13G/A filing is 5 pages with approximately 1,478 words. Estimated reading time is 6 minutes.

Where can I view the full SC 13G/A filing?

The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.

Filing Stats: 1,478 words · 6 min read · ~5 pages · Grade level 10.1 · Accepted 2024-10-22 16:05:24

Key Financial Figures

  • $0.0001 — er) Class A Ordinary Shares, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

IF THIS STATEMENT IS FILED PURSUANT

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: Not Applicable. CUSIP No. G8117B101 Page 4 of 6

OWNERSHIP

ITEM 4. OWNERSHIP. Reporting Persons Beneficial Ownership Percentage of Total Ordinary Shares (1) Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Yongxu Liu 42,380,000 (2) 51.4 % 500,000 (4) 41,880,000 (3) 500,000 (4) 41,880,000 (3) Shengfeng International Limited (5) 41,880,000 (3) 50.8 % 0 41,880,000 (3) 0 41,880,000 (3) (1) Pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, as amended, the denominator of this percentage is the sum of the 40,617,513 outstanding Class A Ordinary Shares plus the 41,880,000 Class A Ordinary Shares issuable to Shengfeng International Limited upon the conversion of the Class B Ordinary Shares. (2) Represents 500,000 Class A Ordinary Shares and 41,880,000 Class A Ordinary Shares issuable to Shengfeng International Limited, a British Virgin Islands company 100% owned by Yongxu Liu, upon the conversion of 41,880,000 Class B Ordinary Shares, that were held of record by Shengfeng International Limited as of October 15, 2024. (3) Represents 41,880,000 Class A Ordinary Shares issuable to Shengfeng International Limited, a British Virgin Islands company 100% owned by Yongxu Liu, upon the conversion of 41,880,000 Class B Ordinary Shares, that were held of record by Shengfeng International Limited as of October 15, 2024. The Class B Ordinary Shares are convertible into Class A Ordinary Shares at any time after issuance at the option of the holder on a one-to-one basis. (4) Represents 500,000 Class A Ordinary Shares held in the brokerage account of Yongxu Liu, who holds exclusive voting and dispositive power to these shares. (5) Shengfeng International Limited is a British Virgin Islands company 100% owned by Yongxu Liu.

OWNERSHIP OF FIVE PERCENT OR LESS OF

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not applicable.

OWNERSHIP OF MORE THAN FIVE PERCENT

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable.

IDENTIFICATION AND CLASSIFICATION OF

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable.

IDENTIFICATION AND CLASSIFICATION OF

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable.

NOTICE OF DISSOLUTION OF GROUP

ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable.

CERTIFICATIONS

ITEM 10. CERTIFICATIONS. Not applicable. CUSIP No. G8117B101 Page 5 of 6 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. Date: October 22, 2024 Shengfeng International Limited By: /s/ Yongxu Liu Name: Yongxu Liu Title: Director /s/ Yongxu Liu Name: Yongxu Liu The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. CUSIP No. G8117B101 Page 6 of 6 LIST OF EXHIBITS Exhibit No. Description 99.1 Joint Filing Agreement

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