Linkage Global Investor Reveals 800k-Share Position (12.2%)

Rhea-AI Filing Summary

Schedule 13G filing for Linkage Global Inc. (LGCB) discloses that Zhiqiang Li, a citizen of the People’s Republic of China, beneficially owns 800,000 Class A Ordinary Shares of the company, equal to 12.2 % of the 6,580,022 shares outstanding as of 9 June 2025. All of the shares are held directly and give the reporting person sole voting and dispositive power; no shared voting or dispositive power is reported.

The filing indicates that the shares were not acquired to change or influence control of the issuer, satisfying the passive investment certification required under Rule 13d-1(c). Because Mr. Li exceeds the 5 % ownership threshold, the disclosure is required under Section 13(d) of the Securities Exchange Act. No other persons or entities are listed as part of a group, and there are no subsidiary holdings, pledges, or arrangements benefiting third parties.

For investors, the key takeaway is the presence of a single shareholder with a double-digit economic stake, which may signal confidence in the issuer but also concentrates voting power. The filing does not discuss purchase price, acquisition dates, or future intentions beyond the passive statement.

Positive

• Substantial insider-sized holding: A single investor now publicly registers a 12.2 % stake, which can be interpreted as confidence in Linkage Global’s prospects.
• Transparency improved: Disclosure enhances visibility into the shareholder base, reducing information asymmetry for existing and prospective investors.

Negative

• Ownership concentration risk: One individual controls over 12 % of outstanding Class A shares, potentially amplifying influence over key votes.
• Limited information on intent: Passive certification aside, the filing gives no insight into future buying or selling plans, leaving uncertainty about potential share-price volatility.

Insights

Financial Analyst

TL;DR: 12.2 % stake disclosed; signals confidence but limited immediate financial impact.

Mr. Li’s Schedule 13G establishes him as a significant passive holder in Linkage Global. While a 12.2 % position represents meaningful economic alignment with public shareholders, it does not in itself alter the company’s capital structure, cash flows, or strategy. The disclosure simply adds transparency to the ownership base. Absent accompanying purchases or activist language, I view the market impact as modest and mostly sentiment-driven. Investors may interpret the holding as a vote of confidence, yet should monitor for any follow-on 13D filings that could indicate a shift to an active stance.

Corporate Governance Specialist

TL;DR: Concentrated 12 % ownership elevates influence; monitor for governance motions.

The filing clarifies that Mr. Li alone controls 12.2 % of the Class A shares, granting him notable—though not controlling—leverage in shareholder votes. Because the issuer has dual-class or other structures unspecified here, real influence could vary, but any stake above 10 % is material under most governance guidelines. The passive certification limits immediate concerns; however, if Mr. Li collaborates with others or amends to a Schedule 13D, governance dynamics could shift rapidly. Boards typically track such holders for potential engagement on strategic or ESG matters.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

LINKAGE GLOBAL INC

(Name of Issuer)

Class A Ordinary Share, par value $0.0025 per share

(Title of Class of Securities)

G5500B128

(CUSIP Number)

06/06/2025

(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. G5500B128

1

Names of Reporting Persons

Zhiqiang Li

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 800,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 800,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

800,000.00

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)

12.2 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) Consists of 800,000 shares of Class A Ordinary Shares held of record by Zhiqiang Li. (2) Based on the quotient obtained by dividing (a) the number of shares of Class A Ordinary Shares beneficially owned by the Reporting Person as set forth in Row 9 by (b) the total of 6,580,022 shares of Class A Ordinary Shares outstanding as of June 9, 2025 as reported by the Issuer to the Reporting Person.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LINKAGE GLOBAL INC
(b)	Address of issuer's principal executive offices: 2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, M0 171-0022
Item 2.
(a)	Name of person filing: This statement is filed by Zhiqiang Li, who is referred to herein as "Reporting Person," with respect to Class A Ordinary Share of LINKAGE GLOBAL INC (the "Company"), par value $0.0025 per share (the "Shares").
(b)	Address or principal business office or, if none, residence: Room 301, Building 6, Dongwangzhuang Community, No. 15 Wangzhuang Road, Xueyuan Road, Haidian District, Beijing, China 100083
(c)	Citizenship: People's Republic of China
(d)	Title of class of securities: Class A Ordinary Share, par value $0.0025 per share
(e)	CUSIP No.: G5500B128
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The Reporting Person beneficially owns 800,000 Class A Ordinary Shares.
(b)	Percent of class: 12.2% The aggregate number and percentage of Class A Ordinary Shares beneficially or directly owned by the Reporting Person is based upon a total of 6,580,022 Class A Ordinary Shares outstanding as of June 9, 2025. The Reporting Person beneficially owns 800,000 Class A Ordinary Shares, representing approximately 12.2% of issued and outstanding Class A Ordinary Shares.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for the Reporting Person hereto and is incorporated herein by reference for such Reporting Person.
	(ii) Shared power to vote or to direct the vote: The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for the Reporting Person hereto and is incorporated herein by reference for such Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for the Reporting Person hereto and is incorporated herein by reference for such Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for the Reporting Person hereto and is incorporated herein by reference for such Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

Zhiqiang Li

Signature:	/s/ Zhiqiang Li
Name/Title:	Zhiqiang Li
Date:	07/01/2025

FAQ

How many Linkage Global (LGCB) shares does Zhiqiang Li own?

He beneficially owns 800,000 Class A Ordinary Shares.

What percentage of LGCB’s Class A shares does this represent?

The stake equals 12.2 % of the 6,580,022 shares outstanding as of 9 June 2025.

Does Zhiqiang Li have sole or shared voting power over the LGCB shares?

He reports sole voting and dispositive power over all 800,000 shares; no shared power is disclosed.

Is the investment intended to influence control of Linkage Global Inc.?

No. The Schedule 13G certification states the shares were not acquired to change or influence control.

Why was this Schedule 13G filed instead of a Schedule 13D?

Because the holder claims passive intent and owns more than 5 % but less than 20 %, Schedule 13G is sufficient under Rule 13d-1(c).