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cleu_sc13g.htm

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

CHINA LIBERAL EDUCATION HOLDINGS LIMITED

(Name of Issuer)

 

Ordinary shares, $0.001 par value per share

(Title of Class of Securities)

 

G2161Y109

(CUSIP Number)

 

December 31, 2020

(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 disclosures provided in a prior cover page.

 

** CUSIP number G2161Y109 has been assigned to the ordinary shares (“Ordinary Shares”) of the Issuer, which are listed on the Nasdaq Capital Market under the symbol “CLEU.”

 

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).

 

 

 

  

CUSIP No. G2161Y109

 

 

 

1

Name of Reporting Person
 

United Glory Global 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
 

514,486 (1)

7

Sole Dispositive Power
 

0

8

Shared Dispositive Power

 

514,486 (1)

   

9

Aggregate Amount Beneficially Owned by Each Reporting Person

  

514,486 (1)

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

☐

11

Percent of Class Represented by Amount in Row 9

 

8.12% (2)

12

Type of Reporting Person
 

FI

____________ 

(1)

Represents 514,486 ordinary shares indirectly held by Yuk Sing Lai.

 

(2)

The beneficial ownership percentage is calculated based on 6,333,333 ordinary shares of the Issuer issued and outstanding as of the date of this filing.

 

 
2

 

 

CUSIP No. G2161Y109

 

 

 

1

Name of Reporting Person

  

Yuk Sing Lai

2

Check the Appropriate Box if a Member of a Group

(a) ☐

(b) ☐

3

SEC Use Only

 

 

4

Citizenship or Place of Organization

  

Hong Kong Special Administrative Region of the People's Republic of China (“Hong Kong”)

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

  

0

6

Shared Voting Power

  

514,486 (1)

7

Sole Dispositive Power

  

0

8

Shared Dispositive Power

  

514,486 (1)

  

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

514,486 (1)

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

☐

11

Percent of Class Represented by Amount in Row 9

 

8.12% (2)

12

Type of Reporting Person

 

IN

___________ 

(1)

Represents 514,486 ordinary shares indirectly held by Yuk Sing Lai through United Glory Global Limited.

 

 

(2)

The beneficial ownership percentage is calculated based on 6,333,333 ordinary shares of the Issuer issued and outstanding as of the date of this filing.

  

 
3

 

 

CUSIP No. G2161Y109

 

 

 

ITEM 1.

 

(a)

Name of Issuer:

 

 

 

 

 

China Liberal Education Holdings Limited

  

(b)

Address of Issuer’s Principal Executive Offices:

 

 

 

 

 

Room 1618 Zhongguangcun MOOC Times Building, 18 Zhongguangcun Street, Haidian District. Beijing, People’s Republic of China 100190

  

ITEM 2.

 

(a)

Name of Person Filing:

 

 

(i) 

United Glory Global Limited

 

 

 

 

(ii)

Yuk Sing Lai

 

 

 

 

 

(collectively, the “Reporting Persons”)

  

(b)

Address of Principal Business Office, or if None, Residence:

 

 

 

 

 

The addresses of the Reporting Persons are:

 

 

(i)

United Glory Global Limited

 

 

 

 

 

Vistra Corporate Services Centre, Wickhams Cay II, Road Town Tortola, VG1110, British Virgin Islands

   

 

(ii)

Yuk Sing Lai

 

 

 

 

 

Room 1618 Zhongguangcun MOOC Times Building, 18 Zhongguangcun Street, Haidian District. Beijing, People’s Republic of China 100190

   

(c)

Citizenship:

 

 

(i)

United Glory Global Limited

 

 

 

 

British Virgin Islands

 

 

 

 

(ii)

Yuk Sing Lai

 

 

 

 

Hong Kong

  

(d)

Title of Class of Securities:

 

 

 

 

 

Ordinary Shares, par value $0.001 per share

 

(e)

CUSIP Number: G2161Y109

 

 
4

 

 

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:

 

 

(a)

☐

Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).

 

 

 

 

 

(b)

☐

Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).

 

 

 

 

 

(c)

☐

Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).

 

 

 

 

 

(d)

☐

Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

 

 

 

 

(e)

☐

An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);

 

 

 

 

 

(f)

☐

An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);

 

 

 

 

 

(g)

☐

A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G);

 

 

 

 

 

(h)

☐

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

 

 

 

 

(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);

 

 

 

 

 

(j)

☐

Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).

 

ITEM 4. OWNERSHIP.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

Reporting Persons

Beneficial

Ownership(1)

Percentage of Total Ordinary Shares(1)(3)

Sole Voting Power

Shared Voting
Power (1)

Sole Dispositive Power

Shared Dispositive Power (1)

United Glory Global Limited (2)

514,486

8.12%

0

514,486

0

514,486

Yuk Sing Lai

514,486

8.12%

0

514,486

0

514,486

____________

(1)

Represents the number of ordinary shares indirectly held by Yuk Sing Lai through United Glory Global Limited as of the date of this filing.

 

 

(2)

United Glory Global Limited is wholly owned and controlled by Yuk Sing Lai.

 

 

(3)

The beneficial ownership percentage is calculated based on 6,333,333 ordinary shares of the Issuer issued and outstanding as of the date of this filing.

 

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.

 

 
5

 

 

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.

 

 
6

 

 

LIST OF EXHIBITS

 

Exhibit No.

 

Description

99.1

 

Joint Filing Agreement

 

 
7

 

 

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: February 11, 2021

  

 

United Glory Global Limited

 

 

 

 

 

/s/ Yuk Sing Lai

 

 

Name: Yuk Sing Lai

 

 

Title: Sole Director

 

 

 

 

 

/s/ Yuk Sing Lai

 

 

Name: Yuk Sing Lai

 

 

 
8

 

cleu_ex991.htm

EXHIBIT 99.1

 

JOINT FILING AGREEMENT

 

 

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares, par value of US$0.001 per share, of China Liberal Education Holdings Limited, a Cayman Islands exempted company, and that this Agreement may be included as an exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 11, 2021.

 

 

United Glory Global Limited

 

 

 

 

 

/s/ Yuk Sing Lai

 

 

Name: Yuk Sing Lai

 

 

Title: Sole Director

 

 

 

 

 

/s/ Yuk Sing Lai

 

 

Name: Yuk Sing Lai