Chen Xueyi reports 7.78% of New Century Logistics

A Schedule 13G reports that Chen Xueyi beneficially owns 7.78% of New Century Logistics’ ordinary shares with sole voting and dispositive power.

Rhea-AI Filing Summary

New Century Logistics (BVI) Ltd (NCEW) has a new significant shareholder disclosure from Chen Xueyi. Chen reports beneficial ownership of 250,000 ordinary shares, representing 7.78% of the outstanding ordinary shares, with sole voting and sole dispositive power over all of these shares. The percentage is based on 3,214,538 ordinary shares outstanding as of August 26, 2026, as provided by the company.

Key Figures

Shares beneficially owned: 250,000 shares Percent of class: 7.78% Shares outstanding: 3,214,538 shares +4 more

7 metrics

Shares beneficially owned 250,000 shares Ordinary shares beneficially owned by Chen Xueyi

Percent of class 7.78% Portion of New Century Logistics ordinary shares owned by Chen Xueyi

Shares outstanding 3,214,538 shares Ordinary shares outstanding as of August 26, 2026, as provided by the issuer

Sole voting power 250,000 shares Shares over which Chen Xueyi has sole power to vote

Shared voting power 0 shares Shares over which Chen Xueyi has shared power to vote

Sole dispositive power 250,000 shares Shares over which Chen Xueyi has sole power to dispose

Shared dispositive power 0 shares Shares over which Chen Xueyi has shared power to dispose

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 250,000.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"5 | Sole Voting Power 250,000.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 250,000.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Percent of class financial

"(b) | Percent of class: 7.78 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

Schedule 13G regulatory

"form_type": "SCHEDULE 13G""

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of New Century Logistics (NCEW) does Chen Xueyi report owning?

Chen Xueyi reports beneficial ownership of 7.78% of New Century Logistics’ ordinary shares, based on 3,214,538 shares outstanding as of August 26, 2026 as provided by the company.

How many New Century Logistics (NCEW) shares does Chen Xueyi beneficially own?

Chen Xueyi reports beneficial ownership of 250,000 ordinary shares of New Century Logistics (BVI) Ltd, with all of these shares subject to sole voting and sole dispositive power.

Does Chen Xueyi share voting power over New Century Logistics (NCEW) shares?

No. The filing states that Chen Xueyi has sole voting power over 250,000 shares and shared voting power over 0 shares, indicating full individual voting authority over the reported holdings.

What dispositive power does Chen Xueyi have over NCEW shares?

Chen Xueyi reports sole dispositive power over 250,000 ordinary shares of New Century Logistics and shared dispositive power over 0 shares, meaning exclusive authority to dispose of the reported shares.

On what share count is Chen Xueyi’s 7.78% stake in NCEW based?

The 7.78% ownership percentage is based on 3,214,538 ordinary shares outstanding as of August 26, 2026, a figure that the company provided and is cited in the filing.

What class of New Century Logistics (NCEW) securities does the Schedule 13G cover?

The Schedule 13G covers ordinary shares, no par value, of New Century Logistics (BVI) Ltd, identified by CUSIP G64627113.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/04/2026 - 06:14 AM EDT Accepted by SEC EDGAR 09/04/2026 - 06:14 AM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

New Century Logistics (BVI) Ltd

(Name of Issuer)

Ordinary shares, no par value

(Title of Class of Securities)

G64627113

(CUSIP Number)

08/21/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G64627113

1

Names of Reporting Persons

Chen Xueyi

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 250,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 250,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

250,000.00

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)

7.78 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentage of class is based on 3,214,538 Ordinary Shares outstanding as of August 26, 2026, as provided by the Issuer.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: New Century Logistics (BVI) Ltd
(b)	Address of issuer's principal executive offices: Office A-E, 33/F, King Palace Plaza, 55 King Yip Street, Kwun Tong, Kowloon, Hong Kong
Item 2.
(a)	Name of person filing: Chen Xueyi
(b)	Address or principal business office or, if none, residence: 7-2, 70 Wannian Village, Yuzhong District, Chongqing, China
(c)	Citizenship: China / F4
(d)	Title of class of securities: Ordinary shares, no par value
(e)	CUSIP Number(s): G64627113
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: 250,000.00
(b)	Percent of class: 7.78 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 250,000.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 250,000.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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.

Chen Xueyi

Signature:	/s/ Chen Xueyi
Name/Title:	Chen Xueyi
Date:	09/03/2026