Ni Saijun Buys 25,000,000 WCT Shares for $1.0M

Rhea-AI Filing Summary

Ni Saijun reports acquiring 25,000,000 Class A ordinary shares of Wellchange Holdings Co Ltd, representing 17.210% of the outstanding Class A shares as of the filing date. The purchase closed on 09/09/2025 at $0.04 per share for a total of $1,000,000, paid from the reporting person’s personal funds. The filing states the shares were bought for investment purposes and that the reporting person may, from time to time, seek to influence the issuer’s management and strategic direction, but currently has no specific plans for transactions described in the itemized list. The reporting person asserts sole voting and dispositive power over the shares and discloses no related agreements or recent trades in the past 60 days.

Positive

• Significant minority stake acquired: 25,000,000 shares (17.210%)
• Purchase fully funded with personal funds; no borrowed funds used ($1,000,000 total)

Negative

• No specific agreement disclosed to limit future transactions or clarify intentions
• Statement of possible influence introduces uncertainty about future governance actions

Insights

Equity Investor Analyst

Large minority stake acquired; potential for influence without immediate plans.

The investor holds 25,000,000 Class A shares, equal to 17.210% of the class, creating a meaningful minority position that gives the holder sole voting and dispositive authority over those shares. This scale is large enough to affect shareholder votes on routine matters and to be noticed by management and other investors.

Key dependencies include whether additional coordinated investors exist and whether the holder actively pursues proposals or board influence. Monitor any subsequent Schedule 13D amendments or proxy actions in the near term for changes in intent or planned transactions.

Corporate Governance Specialist

Disclosure signals possible engagement but no binding arrangements disclosed.

The filing states the acquisition arose from a securities purchase agreement dated 09/09/2025, but explicitly discloses no contracts, arrangements, or understandings requiring further disclosure. That limits current governance risk while leaving open the option to seek influence.

Risks include potential future amendments if the reporting person coordinates with others or seeks board seats; watch for any filings or company communications over the next few weeks that indicate negotiated governance changes or proposals tied to this stake.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Wellchange Holdings Co Ltd

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

G9545M115

(CUSIP Number)

Ni Saijun
Room 611, 612, 6/F, Integration Centre, 302-8 Hennessy Road
Wan Chai, K3, 000000
852-544-27846

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/09/2025

(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).

SCHEDULE 13D

CUSIP No. G9545M115

1

Name of reporting person

Ni Saijun

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 25,000,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 25,000,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

25,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

17.210 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The percentage reported in Item 13 above is based on a total of 145,265,000 issued and outstanding Class A ordinary shares, par value US$0.00005 per share (the "Class A Ordinary Shares"), as of the date of this Schedule 13D, as represented by Wellchange Holdings Company Limited (the "Issuer").

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Ordinary Shares
(b)	Name of Issuer: Wellchange Holdings Co Ltd
(c)	Address of Issuer's Principal Executive Offices: Unit E, 11/F, Billion Plaza II, 10 Cheung Yue Street, Cheung Sha Wan, Kowloon, HONG KONG , 000000.
Item 1 Comment: Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.
Item 2.	Identity and Background
(a)	Ni Saijun, (the "Reporting Person")
(b)	Shop 01 702, LG/F, Kwai Po Building, 102-116 Lei Muk Road, 135-147 Shek Yan Road, Kwai Chung, New Territoties, Hong Kong
(c)	The Reporting Person's present principal occupation is Manger at Lord Yick Investment Limited, a investment company located at Room 611, 612, 6/F, Integration Centre, 302-8 Hennessy Road, Wan Chai, Hong Kong.
(d)	The Reporting Persons have not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors)
(e)	The Reporting Persons have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which the reporting persons were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws.
(f)	Hong Kong
Item 3.	Source and Amount of Funds or Other Consideration
	On September 9, 2025, the Reporting Person acquired 25,000,000 Class A Ordinary Shares of the Issuer at a purchase price of US$0.04 per share, for an aggregate purchase price of US$1,000,000, pursuant to a securities purchase agreement dated September 9, 2025 between the Issuer and certain investors, including the Reporting Person. The source of funds for the acquisition was personal funds (PF) of the Reporting Person. No part of the purchase price was represented by borrowed funds.
Item 4.	Purpose of Transaction
	The Reporting Persons acquired 25,000,000 Class A Ordinary Shares of the Issuer through a securities purchase agreement dated September 9, 2025. The Reporting Persons acquired for investment purposes and may, from time to time, seek to influence the Issuer's management and strategic direction. Except as set forth herein, the Reporting Persons do not have any present plans or proposals which relate to or would result in any of the transactions described in paragraphs (a) through (j) of this Item 4
Item 5.	Interest in Securities of the Issuer
(a)	25,000,000 Class A Ordinary Shares and 17.210% of the issued and outstanding Class A Ordinary Shares of the Issuer as of the date of this Schedule 13D.
(b)	The Reporting Person sole voting and dispositive power over the 25,000,000 Class A Ordinary Shares of the Issuers Sole Voting Power: 25,000,000 Class A Ordinary Shares Shared Voting Power: 0 Sole Voting Dispositive Power: 25,000,000 Class A Ordinary Shares Shared Voting Dispositive Power: 0 Class A Ordinary Shares
(c)	The Reporting Persons have not engaged in any transactions in the class of securities reported on that were effected during the past sixty days.
(d)	Not Applicable
(e)	Not Applicable
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Except as set forth herein, the Reporting Persons have no contracts, arrangements, understandings, or relationships with respect to the Issuer's securities requiring disclosure under this Item 6.

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.

Ni Saijun

Signature:	/s/ Ni Saijun
Name/Title:	Ni Saijun
Date:	10/08/2025

FAQ

What stake did Ni Saijun disclose in Wellchange Holdings (WCT)?

The filing discloses ownership of 25,000,000 Class A shares, representing 17.210% of the Class A shares.

When and at what price were the shares purchased?

The shares were acquired on 09/09/2025 at $0.04 per share, for an aggregate of $1,000,000.

Did the reporting person borrow funds to buy the shares?

No; the filing states the purchase was funded with personal funds and that no part of the purchase price was borrowed.

Does Ni Saijun currently have any agreements with the company about these shares?

The filing states there are no contracts, arrangements, understandings, or relationships requiring disclosure related to the issuer’s securities.

Does the filing indicate any immediate plans to change company management or strategy?

The reporting person says the shares were acquired for investment purposes and may, from time to time, seek to influence management, but currently has no specific plans described in the filing.