Qiu Zhongwei Discloses 2.5M Shares (8.4%) in Super X AI
Rhea-AI Filing Summary
QIU ZHONGWEI filed a Schedule 13G reporting beneficial ownership of 2,500,000 ordinary shares of Super X AI Technology Ltd (CUSIP G5294K110), representing approximately 8.4% of the outstanding class. The filing states these shares are held with sole voting and sole dispositive power by the reporting person and that the position was not acquired to change or influence control of the issuer. The filing lists the reporter's Hong Kong citizenship and principal business/residence address in Kwun Tong, and the issuer's principal executive office in Singapore. The statement is signed by QIU ZHONGWEI as Director and dated 09/25/2025.
Positive
- Material disclosure of ownership: 2,500,000 shares (approximately 8.4%) reported, exceeding the 5% threshold
- Sole voting and dispositive power: Reporter declares full control over voting and disposition of the reported shares
- Affirms passive intent: Certification states shares were not acquired to change or influence control, consistent with Schedule 13G
Negative
- None.
Insights
TL;DR: A single Hong Kong-based person disclosed an 8.4% stake with sole voting and dispositive power; this is a material passive ownership disclosure.
The Schedule 13G shows an investor-level disclosure rather than an active control filing, indicating the reporter asserts passive intent by certification. Ownership of 8.4% exceeds the 5% reporting threshold and is therefore material to investors because it signals a notable shareholder stake that could influence market perceptions. The filing provides clear breakdowns of voting and dispositive powers, which are entirely sole and not shared. No purchases, dispositions, or plans to change control are described in this filing, limiting conclusions to ownership disclosure only.
TL;DR: This is a routine 13G passive ownership disclosure; details indicate centralized control of the shares by the reporting person.
The document identifies the reporting person as a Hong Kong individual holding sole voting and dispositive authority over the reported block of shares. The certification included emphasizes the filing is not for the purpose of changing control, aligning with Schedule 13G treatment rather than 13D. For governance monitoring, the filing is notable because a single individual now holds a meaningful minority stake that may draw attention from management and other shareholders, though no governance actions are indicated here.