Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 1)*
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Hitek Global Inc. (Name of Issuer) |
Class A Ordinary Shares, $0.0001 par value per share (Title of Class of Securities) |
G45139105 (CUSIP Number) |
09/23/2025 (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)
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| Rule 13d-1(c)
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 Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | G45139105 |
| 1 | Names of Reporting Persons
Fairview Eastern International Holdings Limited | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
2,120,681.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
9.99 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
FI |
Comment for Type of Reporting Person: (1) On July 29, 2024, the Reporting Person purchased 2,000,000 shares of Hitek Global Inc.'s (the "Issuer") Class A ordinary shares and warrants (the "Warrants") to purchase 2,000,000 additional Issuer's Class A ordinary shares (the "Warrant Shares") in a private placement. On September 23, 2025, the Reporting Person and the Issuer amended the Warrants to subject the exercise of the Warrants to the Beneficial Ownership Blocker (as defined below). Pursuant to the terms of the Warrants, as amended, the Issuer may not effect any exercise of the Warrants, and a holder of the Warrants does not have the right to exercise the Warrants held by such holder, to the extent that after giving effect to such issuance after exercise, the holder (together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates), would beneficially own in excess of 9.99% (the "Beneficial Ownership Limitation") of the then Class A Ordinary Shares issued and outstanding immediately after giving effect to the issuance of such Warrant Shares (the "Beneficial Ownership Blocker"). The total beneficial ownership reflected above includes both 2,000,000 Class A ordinary shares purchased and 120,681 Class A ordinary shares underlying the Warrants and exercisable within 60 days from the date of this filing, subject to the Beneficial Ownership Blocker, but excludes 1,879,319 Class A ordinary shares not exercisable due to the Beneficial Ownership Blocker. The Reporting Person has not acquired the securities with any purpose, or with the effect, of changing or influencing the control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect, including any transaction subject to Rule 13d-3(b). The percentage ownership referenced above in Row (11) is based upon the 21,107,364 Class A ordinary shares, as reported in the Issuer's latest annual report on form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2025 and assumes full exercise of the Warrants that are exercisable by the Reporting Person subject to the Beneficial Ownership Blocker. Huan Liu, as Director of Fairview Eastern International Holdings Limited, may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the Issuer's securities described herein. Huan Liu disclaims beneficial ownership of these securities for all other purposes.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
Hitek Global Inc. | |
| (b) | Address of issuer's principal executive offices:
Unit 304, No. 30 Guanri Road, Siming District, Xiamen City, Fujian Province, People's Republic of China 361008 | |
| Item 2. | ||
| (a) | Name of person filing:
Fairview Eastern International Holdings Limited | |
| (b) | Address or principal business office or, if none, residence:
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, BVI VG1110 | |
| (c) | Citizenship:
British Virgin Islands | |
| (d) | Title of class of securities:
Class A Ordinary Shares, $0.0001 par value per share | |
| (e) | CUSIP No.:
G45139105 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
2,120,681 | |
| (b) | Percent of class:
9.99% %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
2,120,681 | ||
| (ii) Shared power to vote or to direct the vote:
0 | ||
| (iii) Sole power to dispose or to direct the disposition of:
2,120,681 | ||
| (iv) Shared power to dispose or to direct the disposition of:
0 (1) The total beneficial ownership reflected above includes both 2,000,000 Class A ordinary shares purchased and 120,681 Class A ordinary shares underlying the Warrants and exercisable within 60 days from the date of this filing, subject to the Beneficial Ownership Blocker (as defined below), but excludes 1,879,319 Class A ordinary shares not exercisable due to the Beneficial Ownership Blocker. The Reporting Person has not acquired the securities with any purpose, or with the effect, of changing or influencing the control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect, including any transaction subject to Rule 13d-3(b). Pursuant to the terms of the Warrants, as amended, the Issuer may not effect any exercise of the Warrant, and a holder of a Warrant does not have the right to exercise the Warrant held by such holder, to the extent that after giving effect to such issuance after exercise, the holder (together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates), would beneficially own in excess of 9.99% (the "Beneficial Ownership Limitation") of the number of Class A Ordinary Shares outstanding immediately after giving effect to the issuance of shares of Class A Ordinary Shares issued upon exercise of the Warrant (the "Beneficial Ownership Blocker"). The percentage ownership referenced above in Row (11) is based upon the 21,107,364 Class A ordinary shares, as reported in the Issuer's latest annual report on form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2025, and assumes full exercise of the Warrants that are exercisable by the Reporting Person, subject to the Beneficial Ownership Blocker. Huan Liu, as Director of Fairview Eastern International Holdings Limited, may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the Issuer's securities described herein. Huan Liu disclaims beneficial ownership of these securities for all other purposes. | ||
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| 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.
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Comments accompanying signature: N/A
Exhibit Information
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N/A |