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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NOVA LIFESTYLE INC. (Name of Issuer) |
Common Stock, $0.001 par value (Title of Class of Securities) |
66979P300 (CUSIP Number) |
10/25/2024 (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. | 66979P300 |
| 1 | Names of Reporting Persons
Huge Energy International 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
HONG KONG
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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
700,000.00 | ||||||||
| 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)
9.6 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person: (1) the percentage ownership interest in row (11) is determined based on a total of 7,299,706 shares of Common Stock outstanding as of January 10, 2025, as reported by the Issuer to the Reporting Person.
SCHEDULE 13G
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| CUSIP No. | 66979P300 |
| 1 | Names of Reporting Persons
Ng Man Shek | ||||||||
| 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
HONG KONG
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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
700,000.00 | ||||||||
| 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)
9.6 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person: (2) In his capacity as the sole shareholder and director of Huge Energy International Limited (3) the percentage ownership interest in row (11) is determined based on a total of 7,299,706 shares of Common Stock outstanding as of January 10, 2025, as reported by the Issuer to the Reporting Person.
SCHEDULE 13G
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| Item 1. | |
| (a) | Name of issuer:
NOVA LIFESTYLE INC. |
| (b) | Address of issuer's principal executive offices:
6565 E. Washington Blvd., Commerce CA 90040 |
| Item 2. | |
| (a) | Name of person filing:
Huge Energy International Limited.Ng Man ShekMr. Ng Man Shek is the sole shareholder and director of Huge Energy International Limited.This Amendment No. 1 on Schedule 13G/A (this Schedule 13G/A) to the statement on Schedule 13G filed on August 28, 2024 (the "Schedule 13G"). The Reporting Persons have entered into a Joint Filing Agreement, a copy of which was filed as Exhibit 99.1 to the Schedule 13G , pursuant to which such Reporting Persons have agreed to file the Schedule 13G and all subsequent amendments to the Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act. |
| (b) | Address or principal business office or, if none, residence:
Huge Energy International LimitedAddress: Unit B 19/F, Hillier Commercial Building 89-91 Wing Lok St, Sheung Wan, Hong KongNg Man ShekAddress: Unit B 19/F, Hillier Commercial Building 89-91 Wing Lok St, Sheung Wan, Hong Kong |
| (c) | Citizenship:
Huge Energy International Limited: Hong KongNg Man Shek: Hong Kong |
| (d) | Title of class of securities:
Common Stock, $0.001 par value |
| (e) | CUSIP No.:
66979P300 |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
700,000 |
| (b) | Percent of class:
9.6%, the percentage ownership interest is determined based on a total of 7,299,706 shares of Common Stock outstanding as of January 10, 2025, as reported by the Issuer to the Reporting Person. %
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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:
700,000 | |
| (ii) Shared power to vote or to direct the vote:
0 | |
| (iii) Sole power to dispose or to direct the disposition of:
700,000 | |
| (iv) Shared power to dispose or to direct the disposition of:
0 | |
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| 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: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| 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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