[SCHEDULE 13G] Intercont (Cayman) Limited Ordinary shares SEC Filing

Rhea-AI Filing Summary

Jun Li reports beneficial ownership of 10,268,186 ordinary shares of Intercont (Cayman) Ltd, representing 38.49% of the company's issued and outstanding ordinary shares. The position is held directly and indirectly: 8,938,110 shares are held by Brilliant Cheer Limited and 1,330,076 shares are held by Three Star Shipping Corporation, both BVI companies wholly owned and directed by Jun Li. Jun Li discloses sole voting and dispositive power over the full position and no shared voting or dispositive power.

This filing identifies a single investor with a large, concentrated stake that conveys effective control over the disclosed shares through ownership and sole directorship of the holding companies. The filing does not state any arrangements to share voting or disposition rights or any other parties that hold control.

Positive

• Material disclosed stake: 10,268,186 shares representing 38.49% of the class, a clearly material ownership position.
• Transparent ownership chain: The filing identifies the two BVI entities holding the shares and states Jun Li is sole director and 100% owner of both, clarifying control.
• Full voting and dispositive authority: Jun Li reports sole voting and sole dispositive power over all disclosed shares with no shared powers.

Negative

• None.

Insights

Financial Analyst

TL;DR: A single holder owns 38.49% of the company, creating a material concentrated stake with clear voting and disposition control.

The reporting person, Jun Li, beneficially owns 10,268,186 ordinary shares, which equates to 38.49% of the 26,675,001 shares outstanding reported in the filing. Ownership is routed through two wholly owned BVI entities, consolidating control. The filing discloses sole voting and dispositive power over the entire position and no shared powers. For investors, this level of concentration is material because it can influence corporate decisions, board composition, and strategic outcomes. The filing contains no indications of pledges, transfers, or agreements limiting control.

Corporate Governance Expert

TL;DR: Jun Li's ownership structure gives de facto control over a large minority stake via wholly owned subsidiaries.

Jun Li is the sole director and 100% owner of Brilliant Cheer Limited and Three Star Shipping Corporation, which together hold the disclosed shares. The report lists sole voting and dispositive authority for all 10,268,186 shares and zero shared authority, signaling centralized decision-making power. This concentration is governance-relevant because it may affect shareholder voting outcomes and limits the influence of other public shareholders. The filing does not disclose any group relationships or shared arrangements.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Intercont (Cayman) Ltd

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G48049103

(CUSIP Number)

03/27/2025

(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. G48049103

1

Names of Reporting Persons

Jun 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 10,268,186.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 10,268,186.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,268,186.00

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)

38.49 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Intercont (Cayman) Ltd
(b)	Address of issuer's principal executive offices: Room 1102, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong, F4
Item 2.
(a)	Name of person filing: Jun Li
(b)	Address or principal business office or, if none, residence: No.89, Lane 185 West Wanxi Road, Yu'an District, Lu'an City, Anhui Province, China
(c)	Citizenship: Peoples Republic of China
(d)	Title of class of securities: Ordinary Shares
(e)	CUSIP No.: G48049103
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: 10,268,186 ordinary shares, including 8,938,110 ordinary shares held by Brilliant Cheer Limited, a BVI Business Company, and 1,330,076 ordinary shares held by Three Star Shipping Corporation, a BVI Business Company. Jun Li is the sole director of, and owns 100% of the shares of, each of Brilliant Cheer Limited and Three Star Shipping Corporation.
(b)	Percent of class: 38.49% (based upon 26,675,001 ordinary shares of Intercont (Cayman) Ltd issued and outstanding as of August 20, 2025)
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 10,268,186
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 10,268,186
	(iv) Shared power to dispose or to direct the disposition of: 0
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:
	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.

Jun Li

Signature:	/s/ Jun Li
Name/Title:	Jun Li
Date:	08/26/2025

FAQ

How many Intercont (Cayman) Ltd (NCT) shares does Jun Li beneficially own?

Jun Li beneficially owns 10,268,186 ordinary shares of Intercont (Cayman) Ltd.

What percentage of Intercont (Cayman) Ltd does Jun Li own?

The filing reports ownership of 38.49% of the issued and outstanding ordinary shares.

Through which entities does Jun Li hold the shares?

The shares are held through Brilliant Cheer Limited (8,938,110 shares) and Three Star Shipping Corporation (1,330,076 shares), both BVI companies wholly owned by Jun Li.

Does Jun Li share voting or dispositive power over the shares?

No. The filing discloses sole voting power and sole dispositive power for all 10,268,186 shares and zero shared voting or dispositive power.

Does the filing indicate ownership on behalf of another person or group?

No. Item 6 and Items related to groups are marked Not Applicable or indicate no such arrangements.