UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
SHENGFENG DEVELOPMENT LIMITED
(Name of Issuer)
Class B Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
December 31, 2023
(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) |
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in 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).
| 1. | Names of Reporting Persons Shengfeng International Limited |
| 2. | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐ |
| 3. | SEC Use Only |
| 4. | Citizenship or Place of Organization British Virgin Islands |
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 0 |
| 6. | Shared Voting Power 41,880,000 |
| 7. | Sole Dispositive Power 0 |
| 8. | Shared Dispositive Power 41,880,000 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 41,880,000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐ |
| 11. | Percent of Class Represented by Amount in Row (9) 100.0%* |
| 12. | Type of Reporting Person FI |
| * | Percentage of class is calculated based on 41,880,000 Class B Ordinary Shares outstanding as of December 31, 2023, which information was provided by the Issuer to the Reporting Persons on December 31, 2023. |
| 1. | Names of Reporting Persons Yongxu Liu* |
| 2. | Check the Appropriate Box if a Member of a Group (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 0 |
| 6. | Shared Voting Power 41,880,000 |
| 7. | Sole Dispositive Power 0 |
| 8. | Shared Dispositive Power 41,880,000 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 41,880,000 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐ |
| 11. | Percent of Class Represented by Amount in Row (9) 100.0%** |
| 12. | Type of Reporting Person IN |
| * | Represents 41,880,000 Class B Ordinary Shares held through Shengfeng International Limited, which is 100% owned by Yongxu Liu, as of December 31, 2023. |
| | |
| ** | Percentage of class is calculated based on 41,880,000 Class B Ordinary Shares outstanding as of December 31, 2023, which information was provided by the Issuer to the Reporting Persons on December 31, 2023. |
ITEM 1.
(a) Name of Issuer: Shengfeng Development Limited
| | (b) Address of Issuer’s Principal Executive Offices: Shengfeng Building, No. 478 Fuxin East Road, Jin’an District, Fuzhou |
| | | City, Fujian Province, People’s Republic of China, 350001 |
ITEM 2.
2(a) Name of Person Filing:
(i) Shengfeng International Limited
(ii) Yongxu Liu
2(b) Address of Principal Business Office, or if None, Residence:
(i) Shengfeng International Limited
30 de Castro Street, Wickhams Cay 1, P.O. Box 4519, Road Town, Tortola, British Virgin Islands
(ii) Yongxu Liu
30 de Castro Street, Wickhams Cay 1, P.O. Box 4519, Road Town, Tortola, British Virgin Islands
2(c) Citizenship:
(i) Shengfeng International Limited
British Virgin Islands
(ii) Yongxu Liu
China
2(d) Title of Class of Securities:
Class B Ordinary Shares, par value $0.0001 per share
2(e) CUSIP Number:
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable.
ITEM 4. OWNERSHIP.
The information requested in these paragraphs is incorporated herein by reference to the cover pages to this Schedule 13G.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE 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.
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.
Date: February 14, 2024
| | | Shengfeng International Limited |
| | |
| | By: | /s/ Yongxu Liu |
| | Name: | Yongxu Liu |
| | Title: | Director |
| | | /s/ Yongxu Liu |
| | Name: | Yongxu Liu |
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
LIST OF EXHIBITS
