Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
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Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person:  (1) These ordinary shares are held by WATON CORPORATION LIMITED ("Waton Corporation"), of which approximately 47.70% are held by TRIUMPH TEAM ASSETS LIMITED ("Triumph Team Assets") and approximately 9.40% are held by WATON ESOP HOLDINGS LTD ("Waton ESOP Holdings"). Each of Triumph Team Assets and Waton ESOP Holdings is 100% owned by WTF Holding Group Limited ("WTF Holding", previously named "TZed Holding Group Limted"). The Company's Chairman of the Board of Directors, and Chief Technology Officer, Mr. Zhou Kai, is the sole director of Waton Corporation and 100% owner of each of Triumph Team Assets, Waton ESOP Holdings and WTF Holding. Mr. Zhou Kai holds the voting powers (and dispositive powers) over the ordinary shares held by Waton Corporation. (2) Percentage of class is calculated based on 48,237,472 shares of ordinary shares outstanding as of July 24, 2025, according to the Company's annual report on Form 20-F for the 2025 fiscal year filed with the U.S. Securities and Exchange Commission on July 24, 2025.


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



 
ZHOU KAI
 
Signature:/s/ Kai ZHOU
Name/Title:Kai ZHOU
Date:09/02/2025
 
WATON CORPORATION LIMITED
 
Signature:/s/ Kai ZHOU
Name/Title:Kai ZHOU, director
Date:09/02/2025
 
TRIUMPH TEAM ASSETS LIMITED
 
Signature:/s/ Kai ZHOU
Name/Title:Kai ZHOU, director
Date:09/02/2025
 
WATON ESOP HOLDINGS LTD
 
Signature:/s/ Kai ZHOU
Name/Title:Kai ZHOU, director
Date:09/02/2025
 
WTF Holding Group Limited
 
Signature:/s/ Kai ZHOU
Name/Title:Kai ZHOU, director
Date:09/02/2025