Xuewen Liu filed a Schedule 13G with the SEC on October 26, 2026, disclosing that he had acquired and then fully disposed of a position in Green Circle Decarbonize Technology Limited Class A Ordinary Shares between October 20 and October 26, 2026, leaving him with zero beneficial ownership as of the filing date.

Key Highlights

  • Triggering event: On October 20, 2026, Xuewen Liu acquired beneficial ownership of 187,000 Class A Ordinary Shares, representing approximately 6.66% of shares outstanding, crossing the 5% threshold.
  • Peak ownership: The reporting person subsequently acquired additional shares, reaching a maximum of 203,000 Class A Ordinary Shares, representing approximately 7.24% of outstanding shares.
  • Full disposal: By October 26, 2026, Liu disposed of all Class A Ordinary Shares held by him in open-market transactions, according to the filing.
  • Current beneficial ownership: As of the filing date, Liu beneficially owns 0 Class A Ordinary Shares, representing 0.0% of the outstanding Class A Ordinary Shares.
  • Share base: The percentage figures are based on 2,805,867 Class A Ordinary Shares outstanding, as represented by the issuer in its Form F-1 filed October 14, 2026.
  • Reporting person: Liu is identified as an individual (type "IN") with Chinese citizenship, residing at 3500 North Sabino Canyon Road, Unit 105, Tucson, Arizona 85750, USA.

Liu's Short-Lived Stake in Green Circle Decarbonize Technology

According to the Schedule 13G filing, Xuewen Liu first crossed the 5% beneficial ownership threshold on October 20, 2026, when he acquired 187,000 Class A Ordinary Shares of Green Circle Decarbonize Technology Limited (CUSIP G4092C131), representing approximately 6.66% of the class. The filing does not specify the acquisition price or the source of funds for the purchase. Liu is described as an individual filer with Chinese citizenship.

The filing discloses that after the initial acquisition, Liu continued purchasing shares, reaching a peak beneficial ownership of 203,000 Class A Ordinary Shares, representing approximately 7.24% of the outstanding Class A Ordinary Shares. The share base used for these percentage calculations is 2,805,867 Class A Ordinary Shares outstanding, a figure the filing states was represented by the issuer in its Form F-1 filed with the SEC on October 14, 2026.

On October 26, 2026, the same day as the filing, Liu disposed of all Class A Ordinary Shares held by him through open-market transactions. As a result, all rows for voting power and dispositive power in the filing reflect zero shares. The filing's certification states that the securities "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." The issuer's principal executive offices are listed as Unit 1809, Prosperity Place, 6 Shing Yip St. Kowloon.

What Was Disclosed

Xuewen Liu filed a Schedule 13G reporting that he briefly held up to 203,000 Class A Ordinary Shares of Green Circle Decarbonize Technology Limited, peaking at approximately 7.24% of the class, before fully disposing of the position in open-market transactions by October 26, 2026.