BeyondSpring (NASDAQ: BYSI) founders report 15% ownership stake

Rhea-AI Filing Summary

BeyondSpring Inc. major shareholders Lan Huang and Linqing Jia have jointly reported beneficial ownership of 6,048,488 ordinary shares, equal to 15% of the company’s outstanding stock. The filing aggregates shares held through British Virgin Islands entities, personal holdings, grantor retained annuity trusts, a charitable foundation, and irrevocable trusts for Dr. Huang’s children.

The percentage is calculated against 40,322,320 ordinary shares outstanding as of September 30, 2025, as disclosed in BeyondSpring’s Form 10-Q. Huang and Jia report shared voting power over all 6,048,488 shares and shared dispositive power over 1,231,804 of those shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 8)

BeyondSpring Inc.

(Name of Issuer)

Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G10830100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G10830100

1

Names of Reporting Persons

Ever Regal Group Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: (1) Based on 40,322,320 ordinary shares, par value $0.0001 per share ("Ordinary Shares") of BeyondSpring Inc. (the "Issuer") outstanding as of September 30, 2025, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on November 12, 2025.

SCHEDULE 13G

CUSIP No. G10830100

1

Names of Reporting Persons

Fairy Eagle Investments Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: (1) Based on 40,322,320 Ordinary Shares outstanding as of September 30, 2025, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on November 12, 2025.

SCHEDULE 13G

CUSIP No. G10830100

1

Names of Reporting Persons

Rosy Time Holdings Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: (1) Based on 40,322,320 Ordinary Shares outstanding as of September 30, 2025, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on November 12, 2025.

SCHEDULE 13G

CUSIP No. G10830100

1

Names of Reporting Persons

Lan Huang

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,048,488.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,231,804.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,048,488.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

15 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) Consists of (i) 2 Ordinary Shares directly held by Ever Regal Group Limited (ii) 1 Ordinary Share directly held by Fairy Eagle Investments Limited (iii) 1 Ordinary Share directly held by Rosy Time Holdings Limited; (iv) 253,465 Ordinary Shares directly held by Dr. Huang; (v) 260,582 Ordinary Shares directly held by the Lan Huang 2022 Grantor Retained Annuity Trust, (vi) 223,291 Ordinary Shares directly held by the 2024 SPIRIT GRAT, (vii) 494,462 Ordinary Shares held by the Sincere Efforts Foundation Inc., a charitable foundation of which Dr. Huang serves on the board (viii) 3,031,684 Ordinary Shares directly held by three irrevocable trusts for the benefit of Dr. Huang's children, over which Dr. Huang has been granted proxy to vote and (ix) 1,785,000 Ordinary Shares directly held by certain unaffiliated third-parties, over which Mr. Jia has been granted proxy to vote. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares, except for the shares over which they have been granted proxies with voting power. Dr. Huang and Mr. Jia share voting power over those shares. (2) Based on 40,322,320 Ordinary Shares outstanding as of September 30, 2025, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on November 12, 2025.

SCHEDULE 13G

CUSIP No. G10830100

1

Names of Reporting Persons

Linqing Jia

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,048,488.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,231,804.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,048,488.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

15 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) Consists of (i) 2 Ordinary Shares directly held by Ever Regal Group Limited (ii) 1 Ordinary Share directly held by Fairy Eagle Investments Limited (iii) 1 Ordinary Share directly held by Rosy Time Holdings Limited; (iv) 253,465 Ordinary Shares directly held by Dr. Huang; (v) 260,582 Ordinary Shares directly held by the Lan Huang 2022 Grantor Retained Annuity Trust, (vi) 223,291 Ordinary Shares directly held by the 2024 SPIRIT GRAT, (vii) 494,462 Ordinary Shares held by the Sincere Efforts Foundation Inc., a charitable foundation of which Dr. Huang serves on the board (viii) 3,031,684 Ordinary Shares directly held by three irrevocable trusts for the benefit of Dr. Huang's children, over which Dr. Huang has been granted proxy to vote_ and (ix) 1,785,000 Ordinary Shares directly held by certain unaffiliated third-parties, over which Mr. Jia has been granted proxy to vote. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares, except for the shares over which they have been granted proxies with voting power. Dr. Huang and Mr. Jia share voting power over those shares. (2) Based on 40,322,320 Ordinary Shares outstanding as of September 30, 2025, as reported in the Issuer's latest quarterly report on Form 10-Q, filed on November 12, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BeyondSpring Inc.
(b)	Address of issuer's principal executive offices: 100 Campus Drive, West Side, 4th Floor, Suite 410, Florham Park, New Jersey, 07932
Item 2.
(a)	Name of person filing: This Schedule 13G/A is filed jointly by each of the following persons (each a "Reporting Person" and, collectively, as the "Reporting Persons") pursuant to a joint filing agreement entered into by the Reporting Persons in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), a copy of which was filed with the Schedule 13G filed by the Reporting Persons on February 14, 2018, as Exhibit 1 and is incorporated herein by reference.
(b)	Address or principal business office or, if none, residence: The principal business address for each of the Reporting Persons is c/o BeyondSpring Inc., 100 Campus Drive, West Side, 4th Floor, Suite 410, Florham Park, New Jersey 07932.
(c)	Citizenship: 1. Ever Regal Group Limited, a limited liability company organized under the laws of the British Virgin Islands ("Ever Regal") 2. Fairy Eagle Investments Limited, a limited liability company organized under the laws of the British Virgin Islands ("Fairy Eagle") 3. Rosy Time Holdings Limited, a limited liability company organized under the laws of the British Virgin Islands ("Rosy Time") 4. Lan Huang, a U.S. citizen ("Dr. Huang") and 5. Linqing Jia, a Chinese citizen ("Mr. Jia"). Dr. Huang is the Co-founder, Chairman and Chief Executive Officer of the Issuer. Dr. Huang's spouse, Mr. Jia, is the Co-founder of the Issuer.
(d)	Title of class of securities: Ordinary Shares, par value $0.0001 per share
(e)	CUSIP No.: G10830100
Item 4.	Ownership
(a)	Amount beneficially owned: Ever Regal: Amount beneficially owned: 2 Fairy Eagle: Amount beneficially owned: 1 Rosy Time: Amount beneficially owned: 1 Dr. Huang: Amount beneficially owned: 6,048,488 Mr. Jia: Amount beneficially owned: 6,048,488
(b)	Percent of class: Ever Regal: 0.00% Fairy Eagle: 0.00% Rosy Time: 0.00% Dr. Huang: 15.0% Mr. Jia: 15.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Ever Regal: 0 Fairy Eagle: 0 Rosy Time: 0 Dr. Huang: 0 Mr. Jia: 0
	(ii) Shared power to vote or to direct the vote: Ever Regal: 2 Fairy Eagle: 1 Rosy Time: 1 Dr. Huang: 6,048,488 Mr. Jia: 6,048,488
	(iii) Sole power to dispose or to direct the disposition of: Ever Regal: 0 Fairy Eagle: 0 Rosy Time: 0 Dr. Huang: 0 Mr. Jia: 0
	(iv) Shared power to dispose or to direct the disposition of: Ever Regal: 2 Fairy Eagle: 1 Rosy Time: 1 Dr. Huang: 1,231,804 Mr. Jia: 1,231,804 Dr. Huang is the sole owner of Ever Regal and, as such, has the ability to direct the management of the business of Ever Regal, including the power to direct decisions regarding the vote and disposition of securities held by Ever Regal. Therefore, Dr. Huang may be deemed to have indirect beneficial ownership of the Ordinary Shares directly owned by Ever Regal. Dr. Huang is also the sole trustee of the Lan Huang 2022 Grantor Retained Annuity Trust and the 2024 SPIRIT GRAT, and a member of the board of directors of Sincere Efforts Foundation Inc. ("Sincere Efforts"). Dr. Huang disclaims beneficial ownership of the Ordinary Shares held by Sincere Efforts, and nothing herein shall be construed as an admission that Dr. Huang is the beneficial owner of such Ordinary Shares. Mr. Jia is the sole owner of each of Fairy Eagle and Rosy Time and, as such, has the ability to direct the management of the business of each of Fairy Eagle and Rosy Time, including the power to direct decisions regarding the vote and disposition of securities held by each of Fairy Eagle and Rosy Time. Therefore, Mr. Jia may be deemed to have indirect beneficial ownership of the Ordinary Shares directly owned by each of Fairy Eagle and Rosy Time. Dr. Huang and Mr. Jia share voting and dispositive power for all of the foregoing shares, except for the shares over which they have been granted proxies with voting power. Dr. Huang and Mr. Jia share voting power over those shares. The percentages used in this Schedule 13G/A are calculated based upon the Issuer's 40,322,320 issued and outstanding Ordinary Shares as of September 30, 2025, as reported by the Issuer in its Form 10-Q filed with the U.S. Securities and Exchange Commission on November 12, 2025. Pursuant to Rule 13d-4 of the Exchange Act, the Reporting Persons declare that filing this Schedule 13G/A shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Schedule 13G/A except to the extent of such person's pecuniary interest in the Ordinary Shares, and, except to the extent of its, her or his pecuniary interest, such beneficial ownership is expressly disclaimed by each Reporting Person.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the 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

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.

Ever Regal Group Ltd

Signature:	/s/ Lan Huang
Name/Title:	Lan Huang, Director
Date:	02/17/2026

Fairy Eagle Investments Limited

Signature:	/s/ Linqing Jia
Name/Title:	Linqing Jia, Director
Date:	02/17/2026

Rosy Time Holdings Limited

Signature:	/s/ Linqing Jia
Name/Title:	Linqing Jia, Director
Date:	02/17/2026

Lan Huang

Signature:	/s/ Lan Huang
Name/Title:	Lan Huang
Date:	02/17/2026

Linqing Jia

Signature:	Linqing Jia
Name/Title:	/s/ Linqing Jia
Date:	02/17/2026

Comments accompanying signature: Exhibit Information Exhibit 1 Joint Filing Agreement, dated as of February 14, 2018, by and among Ever Regal Group Limited, Fairy Eagle Investments Limited, Rosy Time Holdings Limited, Lan Huang and Linqing Jia, as required by Rule 13d-1(k)(1) under the Exchange Act (incorporated herein by reference to Exhibit 1 of the Schedule 13G filed by the Reporting Persons on February 14, 2018). https://www.sec.gov/Archives/edgar/data/1677940/000114036118007856/ex1.htm

FAQ

What ownership stake in BeyondSpring (BYSI) do Lan Huang and Linqing Jia report?

Lan Huang and Linqing Jia each report beneficial ownership of 6,048,488 BeyondSpring ordinary shares, representing 15% of the company. This stake is calculated against 40,322,320 shares outstanding as of September 30, 2025, as disclosed in BeyondSpring’s Form 10-Q.

How many BeyondSpring (BYSI) shares are outstanding for this Schedule 13G/A?

The Schedule 13G/A cites 40,322,320 BeyondSpring ordinary shares outstanding as of September 30, 2025. This share count comes from the company’s Form 10-Q and is used to compute the 15% beneficial ownership reported by Lan Huang and Linqing Jia.

How are Lan Huang’s BeyondSpring (BYSI) shares held according to the filing?

Lan Huang’s beneficial stake is held through multiple vehicles, including Ever Regal Group Limited and several trusts. These include personal holdings, grantor retained annuity trusts, a charitable foundation, and irrevocable trusts for her children, over which she and Linqing Jia share certain voting and dispositive powers.

What entities related to BeyondSpring (BYSI) founders hold shares in this 13G/A?

Ever Regal Group Limited, Fairy Eagle Investments Limited, and Rosy Time Holdings Limited each hold small numbers of BeyondSpring shares. All three are British Virgin Islands companies associated with Lan Huang and Linqing Jia and are included in the joint beneficial ownership calculation.

Do Ever Regal, Fairy Eagle, and Rosy Time individually own more than 5% of BeyondSpring (BYSI)?

No, each of Ever Regal, Fairy Eagle, and Rosy Time reports beneficial ownership of only 1–2 ordinary shares, or 0% of the class. The significant 15% position arises only when aggregating holdings attributed to Lan Huang and Linqing Jia.

What type of SEC filing is this for BeyondSpring (BYSI) and what does it indicate?

This is an amended Schedule 13G/A, which reports beneficial ownership of BeyondSpring shares by certain large holders. It shows that founders Lan Huang and Linqing Jia, together with related entities and trusts, beneficially own 6,048,488 ordinary shares, equal to a 15% stake.