STOCK TITAN

Star Fashion Culture (STFS) details 42,500-share Class A stake and 2.03M Class B

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Star Fashion Culture Holdings Limited investor Xingji Zhangpingting Limited reports beneficial ownership of 42,500 Class A Ordinary Shares, representing 1.33% of that class. Xingji is wholly owned by chief financial officer and director Pingting Zhang, who reports no Class A shares beneficially owned in her own name.

Item 3 describes multiple issuances and disposals of Class A and Class B Shares between the issuer and Xingji. As of July 23, 2026, Xingji held 42,500 Class A Shares and 2,032,500 Class B Shares. The reporting persons note no additional contracts regarding these securities other than a Subscription Agreement and their Joint Filing Agreement.

Positive

  • None.

Negative

  • None.

Filing Explained

Although labeled a major-shareholder acquisition above 5%, this Schedule 13D reports Xingji Zhangpingting Limited holding 1.33% of Class A shares, so the filing does not establish ownership above 5% or a stated transaction purpose.

Class A shares beneficially owned 42,500 Class A Ordinary Shares Beneficially owned by Xingji Zhangpingting Limited, representing 1.33% of Class A
Class A ownership percentage 1.33% Percentage of Class A Ordinary Shares held by Xingji Zhangpingting Limited
Class B shares held 2,032,500 Class B Shares Held by Xingji Zhangpingting Limited as of July 23, 2026
Class B shares received 1,300,000 Class B Shares Received by Xingji Zhangpingting Limited from Star Fashion Culture on October 12, 2023
Class A shares disposed 1,700,000 Class A Shares Disposed of by Xingji Zhangpingting Limited as of March 13, 2026
Class B shares received 2,000,000 Class B Shares Received by Xingji Zhangpingting Limited from Star Fashion Culture on July 22, 2026
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 42,500.00"
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
"Number of Shares Beneficially Owned by Each Reporting Person With: 7 | Sole 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.
Dispositive Power financial
"9 | Sole Dispositive Power 0.00 10 | Shared Dispositive Power 42,500.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Subscription Agreement regulatory
"The Form of Subscription Agreement (incorporated by reference to Exhibit 99.1)"
A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.
Joint Filing Agreement regulatory
"Joint Filing Agreement among the Reporting Persons."

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

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FAQ

What Class A stake does Xingji Zhangpingting Limited report in Star Fashion Culture (STFS)?

Xingji Zhangpingting Limited reports beneficial ownership of 42,500 Class A Ordinary Shares, equal to 1.33% of that class. Xingji is wholly owned by Star Fashion Culture’s chief financial officer and director, Ms. Pingting Zhang, giving her indirect exposure through this British Virgin Islands entity.

Does Pingting Zhang personally own Star Fashion Culture (STFS) Class A shares in this filing?

Pingting Zhang reports 0 Class A Ordinary Shares beneficially owned in her own name, representing 0% of the class. However, she owns all issued share capital of Xingji Zhangpingting Limited, which itself holds 42,500 Class A Shares reported separately in the Schedule 13D.

How many Star Fashion Culture (STFS) Class B shares does Xingji hold as of July 23, 2026?

As of July 23, 2026, Xingji Zhangpingting Limited held 2,032,500 Class B Shares of Star Fashion Culture Holdings Limited. These holdings follow several transactions in Class B Shares described in Item 3, including issuances from the issuer and subsequent disposals over time.

What Star Fashion Culture (STFS) share transactions involving Xingji are described?

The disclosure lists Xingji receiving 1,300,000 Class B Shares on October 12, 2023; by March 13, 2026 receiving 32,500 Class B and 42,500 Class A Shares; disposing of 1,300,000 Class B and 1,700,000 Class A; and receiving 2,000,000 Class B Shares on July 22, 2026.

What percentage of Star Fashion Culture (STFS) Class A shares does 42,500 represent?

The filing states that 42,500 Class A Ordinary Shares represent 1.33% of Star Fashion Culture’s issued Class A shares. This percentage relates specifically to the Class A Ordinary Shares and is attributed to Xingji Zhangpingting Limited as the reporting holder.





G8437Q127

(CUSIP Number)
Pingting Zhang
12F, No.611, Sishui Road, Huli District
Xiamen, F4, 361000
086 13063138565

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/24/2026

(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).




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SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Pingting Zhang
Signature:/s/ Pingting Zhang
Name/Title:Chief Financial Officer
Date:08/04/2026
Xingji Zhangpingting Limited
Signature:/s/ Pingting Zhang
Name/Title:Director
Date:08/04/2026