Wellchange (WCT) investor reports 40M shares, $1.6M purchase

Rhea-AI Filing Summary

Chan Cheung Hing filed a Schedule 13D reporting the acquisition of 40,000,000 Class A ordinary shares of Wellchange Holdings Co Ltd, representing 27.536% of the outstanding Class A shares. The shares were purchased on 09/09/2025 at $0.04 per share for an aggregate price of $1,600,000, paid from the reporting person’s personal funds. The filing states the shares were acquired for investment purposes and that the reporting person may, from time to time, seek to influence the issuer’s management and strategic direction; no present plans for transactions listed in the filing are disclosed. The reporting person asserts sole voting and dispositive power over the reported shares and confirms no transactions in the class occurred in the prior sixty days.

Positive

• Sizable minority stake of 27.536% was acquired, giving potential influence
• Purchase price disclosed: $0.04 per share for a total of $1,600,000, providing clear transaction terms

Negative

• No agreements or arrangements with other shareholders disclosed that would increase control
• No present plans for specific transactions or proposals, leaving investor intent broadly stated

Insights

Equity Corporate Governance Analyst

Large minority stake gives the investor potential influence without immediate control.

The filing documents a 27.536% holding acquired with sole voting and dispositive power over 40,000,000 Class A shares at an aggregate cost of $1,600,000. This percentage is sizable for a single investor and could allow meaningful engagement with management or board recruitment efforts depending on the issuer’s shareholder base and governance rules.

Risks and dependencies include the absence of disclosed agreements or coalitions with other shareholders and no current plans to pursue specific corporate actions. Monitor any subsequent amendments, proxy materials, or additional filings for coordinated activity or proposals within the next several months.

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)

Chan Cheung Hing
Flat/Rm 914C, 9/F, Lai Sun Commercial Ce, 680 Cheung Sha Wan Road
Cheung Sha Wan, Kowloon, K3, 000000
852-468-81103

(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

Chan Cheung Hing

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 40,000,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 40,000,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

40,000,000.00

12

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

13

Percent of class represented by amount in Row (11)

27.536 %

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: 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").
Item 2.	Identity and Background
(a)	Chan Cheung Hing, (the "Reporting Person")
(b)	Flat/Rm 914C, 9/F, Lai Sun Commercial Centre, 680 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon, Hong Kong.
(c)	The Reporting Person's present principal occupation is Director at Blue Ocean Pay limited, a WeChat ecosystem solution provider, with its principal office located at Flat/Rm 914C, 9/F, Lai Sun Commercial Centre, 680 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon, 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 40,000,000 Class A Ordinary Shares of the Issuer at a purchase price of US$0.04 per share, for an aggregate purchase price of US$1,600,000, 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 40,000,000 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)	40,000,000 Class A Ordinary Shares and 27.536% 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 40,000,000 Class A Ordinary Shares of the Issuers Sole Voting Power: 40,000,000 Class A Ordinary Shares Shared Voting Power: 0 Sole Voting Dispositive Power: 40,000,000 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.

Chan Cheung Hing

Signature:	/s/ Chan Cheung Hing
Name/Title:	Chan Cheung Hing
Date:	10/08/2025

FAQ

What stake did Chan Cheung Hing report in Wellchange (WCT)?

The filing reports ownership of 40,000,000 Class A shares, equal to 27.536% of outstanding Class A shares.

How much did the WCT shares cost the reporting person?

The shares were purchased at $0.04 per share for an aggregate of $1,600,000, paid from personal funds.

When was the Wellchange Schedule 13D transaction completed?

The acquisition occurred on 09/09/2025, as stated in the filing.

Does the filing indicate any agreements to act with other shareholders of WCT?

No. The filing states there are no contracts, arrangements, understandings, or relationships requiring disclosure under Item 6.

Does the reporting person have voting control over the reported WCT shares?

Yes. The reporting person reports sole voting and dispositive power over the 40,000,000 Class A shares.