Filing Details

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934 (Amendment No. __)*

 

HEYU BIOLOGICAL TECHNOLOGY CORPORATION

(Name of Issuer)

 

Common Stock, par value $0.001

(Title of Class of Securities)

 

42831T202

(CUSIP Number)

 

Zhenzhu Lin Block 19, Hongchang Food Co., Ltd., Yuanhong Investment Zone, Donggao Village, Chengtou Town, Fuqing City, Fuzhou City, Fujian Province, 350300, PRC Phone: (86) 180 5901 6050

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

September 1, 2023

(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 ☐.

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) for other parties to whom copies are to be sent.

 

*

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 disclosures provided in a prior cover page.

 

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.

42831T202

 

1	NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Zhenzhu Lin
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (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   China

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7	SOLE VOTING POWER
		62,259,532 (1)
	8	SHARED VOTING POWER
		0
	9	SOLE DISPOSITIVE POWER
		62,259,532 (1)
	10	SHARED DISPOSITIVE POWER
		0

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   62,259,532 (1)
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)   ☐
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   12.0%(2)
14	TYPE OF REPORTING PERSON (See Instructions)   IN

 

(1)	The reporting person is the sole director and shareholder of Hong Jin Investment Limited, a business company incorporated in the British Virgin Islands, which holds 62,259,532 shares of common stock of the Issuer.

 

(2)

Based on 518,831,367 total issued and outstanding Shares of the Issuer as reported in the Current Report on Form 8-K of the Issuer filed on September 7, 2023.

 

 

Item 1. Security and Issuer

 

This statement on Schedule 13D (this “Statement”) relates to the shares of common stock, par value $0.001 per share (“Shares”), of Heyu Biological Technology Corporation, a company incorporated in Nevada (the “Issuer”), whose principal executive offices are located at Block 19, Hongchang Food Co., Ltd.2/F, Original Management Committee Building, Yuanhong Investment Zone, Donggao Village, Chengtou Town, Fuqing City, Fuzhou City, Fujian Province, 350300, PRC.

  

Item 2. Identity and Background

 

(a)

This statement of beneficial ownership on Schedule 13D is being filed by Zhenzhu Lin (the “Reporting Person”).

 

(b)

Address: Block 19, Hongchang Food Co., Ltd.2/F, Original Management Committee Building, Yuanhong Investment Zone, Donggao Village, Chengtou Town, Fuqing City, Fuzhou City, Fujian Province, 350300, PRC

 

(c)

Occupation: Director of Heyu Biological Technology Corporation.

 

(d)

During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

(e)

During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and is not as a result of such proceeding 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 finding any violation with respect to such laws.

 

(f)

China.

 

Item 3. Source and Amount of Funds or Other Considerations

 

On August 21, 2023, Heyu Biological Technology Corporation (the “Issuer”) entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Hong Chang Global Investment Holdings Limited (“Hongchang BVI”), a business company incorporated in the British Virgin Islands (“BVI”), and Hongchang BVI’s shareholders, Zengqiang Investment Limited, a business company incorporated in the BVI, and Hong Jin Investment Limited, a business company incorporated in the BVI (the “Selling Shareholders” and each a “Selling Shareholder”), in relation to the acquisition of Hongchang BVI by the Issuer (the “Hongchang Acquisition”). Zengqiang Investment Limited is wholly-owned by Mr. Zhenzhu Lin and Hong Jin Investment Limited is wholly-owned by Ms. Zhenzhu Lin. In accordance with the terms of the Share Exchange Agreement, the Selling Shareholders will sell and transfer 100 shares of Hongchang BVI, constituting all of the issued and outstanding share capital of Hongchang BVI, to the Issuer in exchange for an aggregate of 415,582,375 new shares of our Company’s common stock (the “Consideration Shares”), of which 62,259,532 shares will be issued to Zengqiang Investment Limited and 62,259,532 shares will be issued to Hong Jin Investment Limited. The Hongchang Acquisition was consummated on September 4, 2023.

 

The description of the Share Exchange Agreement as aforementioned is qualified in its entirety by reference to the complete text of the Share Exchange Agreement, which have been filed as Exhibit 99.1, and which is incorporated herein by reference in its entirety.

 

Item 4. Purpose of Transaction

 

The information set forth in Items 3 and 5 is hereby incorporated by reference in its entirety in this Item 4.

 

The Reporting Person acquired the Shares for investment purposes and intends to review and evaluate its investment in the Issuer on a continuous basis. Depending upon various factors, including but not limited to the business, prospects and financial condition of the Reporting Person and the Issuer and other developments concerning Reporting Person and the Issuer, market conditions and other factors that the Reporting Person may deem relevant to its investment decision, and subject to compliance with applicable laws, rules and regulations, the Reporting Person may in the future take actions with respect to its investment in the Company as it deems appropriate with respect to any or all matters required to be disclosed in this Schedule 13D, including without limitation changing its intentions or increasing or decreasing its investment in the Issuer or engaging in any hedging or other derivative transactions with respect to the Shares.

 

 

Item 5. Interest in Securities of the Issuer

 

(a)

The Reporting Person beneficially owned a total of 62,259,532 Shares, constituting 12.0% of the total issued and outstanding Shares based on 518,831,367 total issued and outstanding Shares of the Issuer as reported in the Current Report on Form 8-K of the Issuer filed on September 7, 2023.

 

(b)

The Reporting Person has an interest in 62,259,532 Shares to which she has sole power to vote and dispose.

 

(c)

Except as disclosed in this Statement, the Reporting Person did not effect any transaction with respect to the Shares during the past 60 days.

 

(d)

Except as disclosed in this Statement, to the best knowledge of the Reporting Person, no person other than the Reporting Person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by the Reporting Person.

 

(e)

Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Item 3 and Item 4 are incorporated herein by reference in their entirety.

 

To the best knowledge of the Reporting Person, except as provided herein, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Person and any other person with respect to any securities of the Issuer, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies, or a pledge or contingency, the occurrence of which would give another person voting power over the securities of the Issuer.

 

Item 7. Material to Be Filed as Exhibits

 

Exhibit No.		Description
99.1		Share Exchange Agreement dated August 21, 2023

 

 

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.

 

Dated: September 7, 2023	/s/ Zhenzhu Lin
	Name:	Zhenzhu Lin
	Title:	Individual

 

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 this 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.

 

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

 

 

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