Etoiles CEO controls 10.3M EFTY shares via BVI

Rhea-AI Filing Summary

ETOILES CAPITAL GROUP CO., LTD (EFTY) reported the initial beneficial ownership of its CEO, Chairman and director, Cheung Kit Shing, on a Form 3. The filing states that 10,287,000 Class A ordinary shares are indirectly held through Etoiles Zeneo Investment Limited, a British Virgin Islands entity.

Cheung Kit Shing is the sole shareholder of Etoiles Zeneo Investment Limited and holds the voting and dispositive power over these 10,287,000 Class A ordinary shares. The Form 3 reports this position as indirect ownership, with the shares directly registered in the name of Etoiles Zeneo Investment Limited.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cheung Kit Shing

Role CEO

Type	Security	Shares	Price	Value
holding	Class A ordinary shares F1	--	--	--

Holdings After Transaction: Class A ordinary shares — 10,287,000 shares (Indirect, Refer to footnote)

Footnotes (1)

1. F1. Represents 10,287,000 Class A ordinary shares directly held by Etoiles Zeneo Investment Limited, of which Kit Shing, CHEUNG is the sole shareholder and he holds the voting and dispositive power over the ordinary shares held by such entity. The registered address of Etoiles Zeneo Investment Limited is at Vistra Corporate Services Cente, Wickhams Cay II, Road Town, Tortola VG1110, British Virgin Islands.

Key Figures

Indirectly held Class A ordinary shares: 10,287,000 shares Role at ETOILES CAPITAL GROUP CO., LTD: Director, CEO, Chairman, ten percent owner Reported ownership type: Indirect

3 metrics

Indirectly held Class A ordinary shares 10,287,000 shares Beneficial ownership reported for Cheung Kit Shing via Etoiles Zeneo Investment Limited

Role at ETOILES CAPITAL GROUP CO., LTD Director, CEO, Chairman, ten percent owner Reporting person’s positions as stated in the Form 3

Reported ownership type Indirect Class A ordinary shares held through Etoiles Zeneo Investment Limited

Key Terms

Class A ordinary shares, voting and dispositive power, indirect ownership

3 terms

Class A ordinary shares financial

"Represents 10,287,000 Class A ordinary shares directly held by Etoiles Zeneo"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

voting and dispositive power financial

"he holds the voting and dispositive power over the ordinary shares"

indirect ownership financial

"total_shares_following_transaction ... ownership_type indirect"

FAQ

How many EFTY shares does Cheung Kit Shing report owning on this Form 3?

The Form 3 reports 10,287,000 Class A ordinary shares beneficially owned. These shares are indirectly owned through Etoiles Zeneo Investment Limited, with Cheung Kit Shing holding voting and dispositive power over them.

Is Cheung Kit Shing a major shareholder of ETOILES CAPITAL GROUP CO., LTD (EFTY)?

Yes. Cheung Kit Shing is identified as a director, CEO, Chairman and ten percent owner of ETOILES CAPITAL GROUP CO., LTD, indicating a significant ownership and leadership position.

How are Cheung Kit Shing’s EFTY shares held according to the Form 3?

The Form 3 states that 10,287,000 Class A ordinary shares are directly held by Etoiles Zeneo Investment Limited and reported as indirect ownership by Cheung Kit Shing through that entity.

What control does Cheung Kit Shing have over the EFTY shares held by Etoiles Zeneo Investment Limited?

The filing states that Cheung Kit Shing is the sole shareholder of Etoiles Zeneo Investment Limited and holds the voting and dispositive power over the 10,287,000 Class A ordinary shares held by that entity.

Does this EFTY Form 3 report any recent share purchases or sales?

No. The Form 3 presents a holding entry of 10,287,000 Class A ordinary shares and does not report any purchase, sale, or other transaction; it is an initial statement of beneficial ownership.

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Available on EDGAR 08/31/2026 - 11:36 AM Accepted by SEC EDGAR 08/31/2026 - 11:35 AM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Cheung Kit Shing

(Last) (First) (Middle)

UNIT 03-04, 25/F, COSCO TOWER

183 QUEEN'S ROAD CENTRAL, SHEUNG WAN

(Street)

HONG KONG 0000

(City) (State) (Zip)

HONG KONG

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ETOILES CAPITAL GROUP CO., LTD [ EFTY ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)	X	Other (specify below)
	CEO		Chairman

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	10,287,000	I	Refer to footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 10,287,000 Class A ordinary shares directly held by Etoiles Zeneo Investment Limited, of which Kit Shing, CHEUNG is the sole shareholder and he holds the voting and dispositive power over the ordinary shares held by such entity. The registered address of Etoiles Zeneo Investment Limited is at Vistra Corporate Services Cente, Wickhams Cay II, Road Town, Tortola VG1110, British Virgin Islands.

	/s/ Kit Shing, CHEUNG	08/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)