Fu Liu discloses 48.9% voting stake in Datasea Intelligent Technology (DTSS) after merger

Rhea-AI Filing Summary

Datasea Intelligent Technology Ltd. shareholder Fu Liu reports beneficial ownership giving 100,952,695 votes, representing 48.90% of the company’s equity voting power as of June 1, 2026. This comes after a merger in which Datasea Inc. combined with the company, and Fu Liu’s Datasea common stock was converted into 2,000,000 Class B Ordinary Shares and additional Class A Ordinary Shares.

Class A Ordinary Shares carry one vote each, while Class B Ordinary Shares carry fifty votes and are convertible into Class A on a one-for-one basis. Based on 6,447,153 Class A shares and 4,000,000 Class B shares outstanding, Fu Liu holds 952,695 Class A shares and 2,000,000 Class B shares, giving him sole voting and dispositive power over this stake.

Insights

Equity ownership and governance analyst

Filing shows Fu Liu holds a near-controlling voting stake via super-voting shares.

The disclosure states that Fu Liu beneficially owns 952,695 Class A shares and 2,000,000 Class B shares of Datasea Intelligent Technology Ltd.. Because each Class B share carries fifty votes, this corresponds to 100,952,695 votes, or 48.90% of the company’s equity voting power.

The filing explains that this position stems from a merger where Datasea Inc. combined with the company and Fu Liu’s prior common stock was converted into Class A and Class B Ordinary Shares. The Class B shares are convertible into Class A on a one-for-one basis, but carry higher voting power until converted, concentrating significant influence with a single holder.

For governance, this means one shareholder has sole voting and dispositive power over a large block relative to 6,447,153 Class A and 4,000,000 Class B shares outstanding as of June 1, 2026. Future company decisions that require shareholder approval will be materially shaped by this voting stake.

Key Figures

Beneficial voting power: 100,952,695 votes Class A shares owned: 952,695 Class A Ordinary Shares Class B shares owned: 2,000,000 Class B Ordinary Shares +5 more

8 metrics

Beneficial voting power 100,952,695 votes Number of votes represented by holdings, rows 7, 9 and 11

Class A shares owned 952,695 Class A Ordinary Shares Beneficially owned by Fu Liu

Class B shares owned 2,000,000 Class B Ordinary Shares Beneficially owned by Fu Liu

Beneficial ownership percentage 48.90% of class Percent of equity voting power represented by Fu Liu’s holdings

Class A shares outstanding 6,447,153 Class A shares Issued and outstanding as of June 1, 2026

Class B shares outstanding 4,000,000 Class B shares Issued and outstanding as of June 1, 2026

Votes per Class A share 1 vote per Class A share Voting rights for Class A Ordinary Shares

Votes per Class B share 50 votes per Class B share Super-voting rights for Class B Ordinary Shares

Key Terms

Schedule 13D/A, beneficial ownership, Class B Ordinary Shares, Rule 13d-3, +1 more

5 terms

Schedule 13D/A regulatory

"This Amendment No. 1 to ("SC 13D/A") amends the originally filed on June 16, 2023"

A Schedule 13D/A is an amended disclosure filed with regulators by an investor who already reported owning more than 5% of a company’s shares and needs to update their original filing. Think of it as a public status update that tells markets whether the investor’s ownership, plans, or source of funds have changed; such updates matter because they can signal a push for control, major strategic moves, or increased pressure on management, which can affect stock prices.

beneficial ownership financial

"The beneficial ownership percentage in Row (13) is calculated based upon an aggregate of 6,447,153 Class A Ordinary Shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Class B Ordinary Shares financial

"2,000,000 Class B ordinary shares, with no par value, of the Company (the "Class B Ordinary Shares")"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

Rule 13d-3 regulatory

"The percentages of beneficial ownership were determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934"

Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.

Agreement and Plan of Merger financial

"pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and between Datasea Inc. and the Company"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

DATASEA INTELLIGENT TECHNOLOGY LTD.

(Name of Issuer)

Class A Ordinary Share, no par value

(Title of Class of Securities)

G2659M104

(CUSIP Number)

Fu Liu
Room 302-5, Building C, Gemdale Viseen,, No. 5 Shengfang Rd.
Beijing, F4, 102699
86 10-58401996

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/15/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): G2659M104

1

Name of reporting person

Fu Liu

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 100,952,695.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 100,952,695.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

100,952,695.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

48.90 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) Numbers in Rows (7), (9), and (11) represent voting power of 952,695 Class A ordinary shares, with no par value, of Datasea Intelligent Technology Ltd. (the "Company" or the "Issuer") (the "Class A Ordinary Shares") and 2,000,000 Class B ordinary shares, with no par value, of the Company (the "Class B Ordinary Shares")[HL2.1]. The Class B Ordinary Shares are convertible to Class A Ordinary Shares at any time on a one for one basis. Each Class A Ordinary Share is entitled to one (1) vote and each Class B Ordinary Share is entitled to fifty (50) votes. (2) The beneficial ownership percentage in Row (13) is calculated based upon an aggregate of 6,447,153 Class A Ordinary Shares and 4,000,000 Class B Ordinary Shares issued and outstanding as of June 1, 2026, as provided by the Issuer. This calculation does not include the exercise or conversion of other outstanding securities of the Company owned by other security holders.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Ordinary Share, no par value
(b)	Name of Issuer: DATASEA INTELLIGENT TECHNOLOGY LTD.
(c)	Address of Issuer's Principal Executive Offices: Room 302-5, Building C, Gemdale Viseen, No. 5 Shengfang Rd., Beijing, CHINA , 102699.
Item 1 Comment: This Amendment No. 1 to Schedule 13D ("SC 13D/A") amends the Schedule 13D originally filed on June 16, 2023 (the "Original SC 13D"), which was filed under the CIK of Datasea Inc. ("Datasea"), prior to the merger of Datasea Inc. into the Company. The Original SC 13D is hereby amended and supplemented to the extent hereinafter expressly set forth. Except as amended hereby, the original disclosure set forth in the Original SC 13D shall remain unchanged. All capitalized terms used and not expressly defined herein have the respective meanings ascribed to such terms in the Original SC 13D.
Item 2.	Identity and Background
(a)	This SC 13D/A is being filed by the following person ("Reporting Person"): Mr. Fu Liu, a citizen of the People's Republic of China. Mr. Liu's principal business address is Room 302-5, Building C, Gemdale Viseen, No. 5 Shengfang Rd., Beijing, China, 102699.
Item 3.	Source and Amount of Funds or Other Consideration
	The information set forth in Item 4 hereof is incorporated by reference in its entirety into this Item 3.
Item 4.	Purpose of Transaction
	Effective April 15, 2026, pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and between Datasea Inc. ("Datasea") and the Company, Datasea merged with and into the Company, with the Company surviving the merger (the "Merger"). Upon effectiveness of the Merger, the 2,000,000 shares of Datasea common stock, par value US$0.001 per share (the "Common Stock"), held by Fu Liu immediately prior to the Merger were converted into 2,000,000 Class B Ordinary Shares of the Company, and each other share of Common Stock held by Fu Liu immediately prior to the Merger was converted into one Class A Ordinary Share of the Company. The Class B Ordinary Shares are convertible to Class A Ordinary Shares at any time on a one for one basis. Each Class A Ordinary Share is entitled to one (1) vote and each Class B Ordinary Share is entitled to fifty (50) votes.
Item 5.	Interest in Securities of the Issuer
(a)	The information set forth in rows 7 through 13 of the cover pages to this SC 13D/A is incorporated by reference herein. The percentage set forth in row 13 is based on an aggregate of 6,447,153 Class A Ordinary Shares and 4,000,000 Class B Ordinary Shares issued and outstanding as of June 1, 2026, as reported by the Issuer to the Reporting Person. The percentages of beneficial ownership were determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as amended. Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past sixty days is set forth in Item 4 and incorporated herein by reference.
(b)	The information set forth in rows 7 through 13 of the cover pages to this SC 13D/A is incorporated by reference herein. The percentage set forth in row 13 is based on an aggregate of 6,447,153 Class A Ordinary Shares and 4,000,000 Class B Ordinary Shares issued and outstanding as of June 1, 2026, as reported by the Issuer to the Reporting Person. The percentages of beneficial ownership were determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as amended. Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past sixty days is set forth in Item 4 and incorporated herein by reference.
(c)	The information set forth in rows 7 through 13 of the cover pages to this SC 13D/A is incorporated by reference herein. The percentage set forth in row 13 is based on an aggregate of 6,447,153 Class A Ordinary Shares and 4,000,000 Class B Ordinary Shares issued and outstanding as of June 1, 2026, as reported by the Issuer to the Reporting Person. The percentages of beneficial ownership were determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934, as amended. Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past sixty days is set forth in Item 4 and incorporated herein by reference.
(d)	Not applicable.
(e)	Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The information set forth in Item 4 hereof is incorporated by reference in its entirety into this Item 6. Other than the relationship as set out in Item 4 hereof, there are no other contracts, arrangements, understandings, or relationships with respect to the Issuer's securities, among the Reporting Person.
Item 7.	Material to be Filed as Exhibits.
	2.1 Form of the Merger Agreement and Plan of Merger by and between Datasea Inc. and the Company, incorporated herein by reference to Exhibit 2.1 of the Form F-4, as amended, initially filed on February 13, 2026.

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.

Fu Liu

Signature:	/s/ Fu Liu
Name/Title:	Fu Liu
Date:	06/02/2026

FAQ

How much of Datasea Intelligent Technology Ltd. (DTSS) does Fu Liu beneficially own?

Fu Liu beneficially owns shares corresponding to 100,952,695 votes, representing 48.90% of Datasea Intelligent Technology Ltd.’s equity voting power. This is based on 6,447,153 Class A and 4,000,000 Class B shares outstanding as of June 1, 2026, as reported.

What types of shares in Datasea (DTSS) does Fu Liu hold?

Fu Liu holds 952,695 Class A Ordinary Shares and 2,000,000 Class B Ordinary Shares. Class A shares carry one vote each, while Class B shares carry fifty votes each and are convertible into Class A on a one-for-one basis at any time.

How was Fu Liu’s Datasea (DTSS) stake created according to this Schedule 13D/A?

The stake arose from a merger of Datasea Inc. into Datasea Intelligent Technology Ltd.. At the merger’s effectiveness, Fu Liu’s 2,000,000 Datasea Inc. common shares converted into 2,000,000 Class B Ordinary Shares and his other common shares converted into Class A Ordinary Shares of the company.

What voting power do Datasea (DTSS) Class A and Class B shares provide?

Each Class A Ordinary Share provides one vote, while each Class B Ordinary Share provides fifty votes. Class B shares are convertible to Class A on a one-for-one basis, giving higher voting influence per share until conversion into Class A stock.

What share counts did Datasea (DTSS) report as outstanding in this filing?

The company reported 6,447,153 Class A Ordinary Shares and 4,000,000 Class B Ordinary Shares issued and outstanding as of June 1, 2026. These figures were used to calculate Fu Liu’s 48.90% beneficial ownership under SEC Rule 13d-3.

Does Fu Liu share voting or dispositive power over his Datasea (DTSS) holdings?

No. The filing states that Fu Liu has sole voting power and sole dispositive power over securities corresponding to 100,952,695 votes. It reports zero shared voting power and zero shared dispositive power over Datasea Intelligent Technology Ltd. shares.