# EDGAR Filing Document

**Accession Number:** 0000766011
**File Stem:** 0001597424-25-000003
**Filing Date:** 2025-11
**Character Count:** 26902
**Document Hash:** 93cc9f622f75e18a37ac1a4734329d2c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001597424-25-000003.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001597424-25-000003

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Caledonia Mining Corp Plc
- **CENTRAL INDEX KEY:** 0000766011
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-39450
- **FILM NUMBER:** 251533261

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 2 MULCASTER STREET
- **CITY:** ST HELIER
- **NON US STATE TERRITORY:** JERSEY
- **PROVINCE COUNTRY:** X0
- **ZIP:** JE2 3NJ
- **BUSINESS PHONE:** 447797824164

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 2 MULCASTER STREET
- **CITY:** ST HELIER
- **NON US STATE TERRITORY:** JERSEY
- **PROVINCE COUNTRY:** X0
- **ZIP:** JE2 3NJ

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALEDONIA MINING CORP
- **DATE OF NAME CHANGE:** 19950606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLDEN NORTH RESOURCE CORP
- **DATE OF NAME CHANGE:** 19920302
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SHINING CAPITAL MANAGEMENT LTD.
- **CENTRAL INDEX KEY:** 0001597424

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 190 ELGIN AVENUE, GEORGE TOWN
- **STREET 2:** GRAND CAYMAN
- **CITY:** CAYMAN ISLANDS
- **STATE:** E9
- **ZIP:** KY1-9005
- **BUSINESS PHONE:** 852-35720616

**MAIL ADDRESS:**
- **STREET 1:** UNIT 8101, LEVEL 81, INT'L COMMERCE
- **STREET 2:** CENTER, 1 AUSTIN ROAD WEST, KOWLOON
- **CITY:** HONG KONG
- **STATE:** K3
- **ZIP:** 000000

## Exhibit 99.1

```

JOINT FILING AGREEMENT

Pursuant to and in accordance with the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), and the rules and regulations thereunder,
each party hereto hereby agrees to the joint filing, on behalf of each of
them, of any filing required by such party under Section 13 of the Exchange
Act or any rule or regulation thereunder (including any amendment,
restatement, supplement, and/or exhibit thereto) with the Securities
and Exchange Commission (and, if such security is registered on a national
securities exchange, also with the exchange), and further agrees to the
filing, furnishing, and/or incorporation by reference of this agreement as
an exhibit thereto. This agreement shall remain in full force and effect until
revoked by any party hereto in a signed writing provided to each other
party hereto, and then only with respect to such revoking party.

IN WITNESS WHEREOF, each party hereto, being duly authorized, has
caused this agreement to be executed and effective as of the date set
forth below.

Date: November 28, 2025

Shining Capital Management Limited

By:	/s/ Xiangwei Weng
Name:	Xiangwei Weng
Title:	Director

Shining Capital Holdings II L.P.

By:	Shining Capital Management Limited, as general partner
By:	/s/ Xiangwei Weng
Name:	Xiangwei Weng
Title:	Director

 Shining (BVI) Limited

By:	/s/ Xiangwei Weng
Name:	Xiangwei Weng
Title:	Director

Elite Converge Limited

By:	/s/ Shen Xia
Name:	Shen Xia
Title:	Director

Xiangwei Weng

By:	/s/ Xiangwei Weng
Name:	Xiangwei Weng

Shen Xia

By:	/s/ Shen Xia
Name:	Shen Xia

Lei Yongsheng

By:	/s/ Lei Yongsheng
Name:	Lei Yongsheng

```

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

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Issuer:** Caledonia Mining Corp Plc

**Title of Class of Securities:** Common Shares, No Par Value

**CUSIP Number:** G1757E113

**Date of Event Which Requires Filing of this Statement:** 11/01/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>SHINING CAPITAL MANAGEMENT LTD. | Names of Reporting Persons<br>SHINING CAPITAL MANAGEMENT LTD. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>E9 | Citizenship or Place of Organization<br>E9 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** Comments For Row (11):

The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

| 1. | Names of Reporting Persons<br>Xiangwei Weng | Names of Reporting Persons<br>Xiangwei Weng |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>K3 | Citizenship or Place of Organization<br>K3 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Comments For Row (11):

The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

| 1. | Names of Reporting Persons<br>Shining Capital Holdings II L.P. | Names of Reporting Persons<br>Shining Capital Holdings II L.P. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>E9 | Citizenship or Place of Organization<br>E9 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

**Comment for Type of Reporting Person:** Comments For Row (11):
The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

| 1. | Names of Reporting Persons<br>Shining (BVI) Limited | Names of Reporting Persons<br>Shining (BVI) Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>D8 | Citizenship or Place of Organization<br>D8 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** Comments For Row (11):
The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

| 1. | Names of Reporting Persons<br>Elite Converge Limited | Names of Reporting Persons<br>Elite Converge Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>D8 | Citizenship or Place of Organization<br>D8 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** Comments For Row (11):
The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

| 1. | Names of Reporting Persons<br>Shen Xia | Names of Reporting Persons<br>Shen Xia |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>K3 | Citizenship or Place of Organization<br>K3 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Comments For Row (11):
The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

| 1. | Names of Reporting Persons<br>Lei Yongsheng | Names of Reporting Persons<br>Lei Yongsheng |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>F4 | Citizenship or Place of Organization<br>F4 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>1922858.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>1922858.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>1922858.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>10.0% | Percent of Class Represented by Amount in Row (9)<br>10.0% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Comments For Row (11):
The percentage used herein is calculated based upon 19,304,784 outstanding shares of Caledonia Mining Corporation Plc as of October 3, 2025, as reported in the Issuer's 6-K filed October 3, 2025.

The percentage herein is calculated to be around 9.9605%. For the purpose of filing on the EDGAR online system, the figure is rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

---

**Item 1(a). Name of Issuer:**
Caledonia Mining Corp Plc

**Item 1(b). Address of Issuer's Principal Executive Offices:**
2 MULCASTER STREET, 2 MULCASTER STREET, ST HELIER, UNITED KINGDOM, JE2 3NJ.

**Item 2(a). Name of Person Filing:**
SHINING CAPITAL MANAGEMENT LTD.
Shining Capital Holdings II L.P.
Shining (BVI) Limited
Xiangwei Weng
Elite Converge Limited
Shen Xia
Lei Yongsheng

**Item 2(b). Address of Principal Business Office:**
SHINING CAPITAL MANAGEMENT LTD. : Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738
Shining Capital Holdings II L.P. : Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738
Shining (BVI) Limited : Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738
Elite Converge Limited : Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738
Xiangwei Weng: Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738
Shen Xia: Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738
Lei Yongsheng: Suite 1008, 10/F,Tower C1, Oriental Plaza, 1 East Chang An Ave, Dong Cheng District,Beijing,China, 100738

**Item 2(c). Citizenship:**
SHINING CAPITAL MANAGEMENT LTD. : Cayman Islands
Shining Capital Holdings II L.P.: Cayman Islands
Shining (BVI) Limited: British Virgin Islands
Xiangwei Weng: Hong Kong
Elite Converge Limited: British Virgin Islands
Shen Xia: Hong Kong
Lei Yongsheng: China

**Item 2(d). Title of Class of Securities:**
Common Shares, No Par Value

**Item 2(e). CUSIP Number:**
G1757E113

**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).

(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 § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 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) [ ] 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).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Item 4 of the Original 13G is hereby amended and restated in its entirety as follows.
Amount beneficially owned: 1,922,858 common shares of Caledonia Mining Corp Plc. (the "Subject Shares").
The 1,922,858 common shares are directly owned by Shining Capital Holdings II L.P., which were acquired at or around the triggering event of the Original 13G.
Shining Capital Management Limited is the general partner of Shining Capital Holdings II L.P..
Shining (BVI) Limited and Elite Converge Limited are the shareholders of Shining Capital Management Limited, each holding ordinary shares representing 30% of the total issued and outstanding share capital and 50% of the total voting power in the election of directors of Shining Capital Management Limited.
Xiangwei Weng is the sole shareholder and sole director of Shining (BVI) Limited.
Shen Xia is the sole shareholder and sole director of Elite Converge Limited.
Voting of the Subject Shares by Shining Capital Management Limited is controlled by its board of directors, which currently consists of Lei Yongsheng and Xiangwei Weng. Disposition of the Subject Shares by Shining Capital Management Limited is controlled by its investment committee, which currently consists of four members. Xiangwei Weng, in his capacity of executive director, has nomination right of members of the investment committee.
Xiangwei Weng, Shen Xia, and Lei Yongsheng, together with Elite Converge Limited, Shining (BVI) Limited and Shining Capital Management Limited, may be deemed to have beneficial ownership interests in the Subject Shares.  Each person expressly disclaims any ownership of the Subject Shares, except as to such person's pecuniary interest therein.

**(b) Percent of class:**

Percent of class: 9.96%
The figure is rounded off to the nearest hundredth (two places after decimal point) from around 9.9605%. For the purpose of filing on the EDGAR online system, the figures in row 11 of the tables above are rounded off to the nearest tenth (one place after decimal point) from around 9.9605%.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

SHINING CAPITAL MANAGEMENT LTD. : 0
Shining Capital Holdings II L.P.: 0
Shining (BVI) Limited: 0
Xiangwei Weng: 0
Elite Converge Limited: 0
Shen Xia: 0
Lei Yongsheng: 0

**(ii) Shared power to vote or to direct the vote:**

SHINING CAPITAL MANAGEMENT LTD. : 1,922,858
Shining Capital Holdings II L.P.: 1,922,858
Shining (BVI) Limited: 1,922,858
Xiangwei Weng: 1,922,858
Elite Converge Limited: 1,922,858
Shen Xia: 1,922,858
Lei Yongsheng: 1,922,858

**(iii) Sole power to dispose or to direct the disposition of:**

SHINING CAPITAL MANAGEMENT LTD. : 0
Shining Capital Holdings II L.P.: 0
Shining (BVI) Limited: 0
Xiangwei Weng: 0
Elite Converge Limited: 0
Shen Xia: 0
Lei Yongsheng: 0

**(iv) Shared power to dispose or to direct the disposition of:**

SHINING CAPITAL MANAGEMENT LTD. : 1,922,858
Shining Capital Holdings II L.P.: 1,922,858
Shining (BVI) Limited: 1,922,858
Xiangwei Weng: 1,922,858
Elite Converge Limited: 1,922,858
Shen Xia: 1,922,858
Lei Yongsheng: 1,922,858

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

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. Certification:**

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.

**SHINING CAPITAL MANAGEMENT LTD.**

**Date:** 11/28/2025

**By:** /s/ Xiangwei Weng

**Name & Title:** Director

**Xiangwei Weng**

**Date:** 11/28/2025

**By:** /s/ Xiangwei Weng

**Name & Title:** Xiangwei Weng

**Shining Capital Holdings II L.P.**

**Date:** 11/28/2025

**By:** /s/ Xiangwei Weng

**Name & Title:** Shining Capital Management Limited, as general partner, Xiangwei Weng/Director

**Shining (BVI) Limited**

**Date:** 11/28/2025

**By:** /s/ Xiangwei Weng

**Name & Title:** Director

**Elite Converge Limited**

**Date:** 11/28/2025

**By:** /s/ Shen Xia

**Name & Title:** Director

**Shen Xia**

**Date:** 11/28/2025

**By:** /s/ Shen Xia

**Name & Title:** Shen Xia

**Lei Yongsheng**

**Date:** 11/28/2025

**By:** /s/ Lei Yongsheng

**Name & Title:** Lei Yongsheng