# EDGAR Filing Document

**Accession Number:** 0002102000
**File Stem:** 0001213900-26-005122
**Filing Date:** 2026-1
**Character Count:** 31354
**Document Hash:** 31cab4cd1ee88af5071108283079131f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-005122.hdr.sgml**: 20260116

**ACCESSION NUMBER**: 0001213900-26-005122

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260116

**DATE AS OF CHANGE**: 20260116

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Texxon Holding Ltd
- **CENTRAL INDEX KEY:** 0002014337
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-CHEMICALS & ALLIED PRODUCTS [5160]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95423
- **FILM NUMBER:** 26539340

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7A, BLOCK C, 207 SONGHONG RD
- **STREET 2:** CHANGNING DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
- **BUSINESS PHONE:** 8657462629970

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7A, BLOCK C, 207 SONGHONG RD
- **STREET 2:** CHANGNING DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXCP XCH Holding Ltd
- **CENTRAL INDEX KEY:** 0002102000

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 703, BLOCK A, 1799 WUZHONG ROAD
- **STREET 2:** MINHANG DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
- **ZIP:** 00000
- **BUSINESS PHONE:** 86057462629970

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 703, BLOCK A, 1799 WUZHONG ROAD
- **STREET 2:** MINHANG DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
- **ZIP:** 00000

## Exhibit 99.1

**Exhibit 1**

**JOINT FILING AGREEMENT**

AGREEMENT dated as of January 16, 2026 by and among EXCP QQG Holding Limited, a British Virgin Islands company, EXCP WW Holding Limited, a British Virgin Islands company, EXCP XCH Holding Limited, a British Virgin Islands company, EXCP XH Holding Limited, a British Virgin Islands company, Qiangang Qiu, Wei Wang, Chenhan Xu and Hui Xu (together, the "<u>Parties</u>").

Each Party hereto represents to the other Party that it is eligible to use Schedule 13G to report its beneficial ownership of ordinary shares, $0.0001 par value per share, of Texxon Holding Limited. Each Party hereto agrees that the Schedule 13G, dated January 16, 2026, relating to such beneficial ownership, is filed on behalf of each of them.

Each of the Parties agrees to be responsible for the timely filing of the Schedule 13G and any and all amendments thereto and for the completeness and accuracy of the information concerning itself contained in the Schedule 13G, and the other Party to the extent it knows or has reason to believe that any information about the other Party is inaccurate.

---

| | | |
|:---|:---|:---|
| Date: January 16, 2026 | EXCP QQG Holding Limited | EXCP QQG Holding Limited |
|  | By: | /s/ Qiangang Qiu |
|  | Name: | Qiangang Qiu |
|  | Title: | Director |
| Date: January 16, 2026 |  |  |
|  | By: | /s/ Qiangang Qiu |
|  |  | Qiangang Qiu |

---

---

| | | |
|:---|:---|:---|
| Date: January 16, 2026 | EXCP WW Holding Limited | EXCP WW Holding Limited |
|  | By: | /s/ Wei Wang |
|  | Name: | Wei Wang |
|  | Title: | Director |
| Date: January 16, 2026 |  |  |
|  | By: | /s/ Wei Wang |
|  |  | Wei Wang |

---

---

| | | |
|:---|:---|:---|
| Date: January 16, 2026 | EXCP XCH Holding Limited | EXCP XCH Holding Limited |
|  | By: | /s/ Chenhan Xu |
|  | Name: | Chenhan Xu |
|  | Title: | Director |
| Date: January 16, 2026 |  |  |
|  | By: | /s/ Chenhan Xu |
|  |  | Chenhan Xu |

---

---

| | | |
|:---|:---|:---|
| Date: January 16, 2026 | EXCP XH Holding Limited | EXCP XH Holding Limited |
|  | By: | /s/ Hui Xu |
|  | Name: | Hui Xu |
|  | Title: | Director |
| Date: January 16, 2026 |  |  |
|  | By: | /s/ Hui Xu |
|  |  | Hui Xu |

---

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

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**Issuer:** Texxon Holding Limited

**Title of Class of Securities:** Ordinary Shares, par value $0.0001 per share

**CUSIP Number:** G8772G106

**Date of Event Which Requires Filing of this Statement:** 09/30/2025

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

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

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

---

| 1. | Names of Reporting Persons<br>EXCP QQG Holding Limited | Names of Reporting Persons<br>EXCP QQG Holding Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>5963545.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>5963545.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5963545.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5963545.00 |
| 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>26.89% | Percent of Class Represented by Amount in Row (9)<br>26.89% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** The 5,963,545 ordinary shares referred to in Rows 6, 7 and 9 represent ordinary shares, par value $0.0001 per share (the "Ordinary Share"), of Texxon Holding Limited (the "Issuer"). EXCP QQG Holding Limited is the record holder of the Ordinary Shares reported herein. Mr. Qiangang Qiu exercises voting and dispositive power over the securities held by EXCP QQG Holding Limited. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>Qiangang Qiu | Names of Reporting Persons<br>Qiangang Qiu |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>5963545.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>5963545.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5963545.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5963545.00 |
| 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>26.89% | Percent of Class Represented by Amount in Row (9)<br>26.89% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** The 5,963,545 Ordinary Shares referred to in Rows 6, 7 and 9 represent Ordinary Shares of the Issuer. EXCP QQG Holding Limited is the record holder of the Ordinary Shares reported herein. Mr. Qiangang Qiu exercises voting and dispositive power over the securities held by EXCP QQG Holding Limited. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>EXCP WW Holding Limited | Names of Reporting Persons<br>EXCP WW Holding Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>6656667.00 |
| 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>6656667.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>6656667.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>6656667.00 |
| 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>30.01% | Percent of Class Represented by Amount in Row (9)<br>30.01% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** The 6,656,667 Ordinary Shares referred to in Rows 6, 8 and 9 represent Ordinary Shares held by record by (i) EXCP WW Holding Limited, and (ii) EXCP XH Holding Limited. Ms. Wei Wang exercises voting and dispositive power over the securities held by EXCP WW Holding Limited. Mr. Hui Xu, the Chief Executive Officer and Chairman of the board of directors of the Issuer, exercises voting and dispositive power over the securities held by EXCP XH Holding Limited. Ms. Wei Wang is the spouse of Mr. Hui Xu, and accordingly each of them is deemed to have beneficial ownership of the shares held by each other, unless any of them disclaims beneficial ownership of those shares. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>Wei Wang | Names of Reporting Persons<br>Wei Wang |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>6656667.00 |
| 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>6656667.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>6656667.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>6656667.00 |
| 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>30.01% | Percent of Class Represented by Amount in Row (9)<br>30.01% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** The 6,656,667 Ordinary Shares referred to in Rows 6, 8 and 9 represent Ordinary Shares held by record by (i) EXCP WW Holding Limited, and (ii) EXCP XH Holding Limited. Ms. Wei Wang exercises voting and dispositive power over the securities held by EXCP WW Holding Limited. Mr. Hui Xu, the Chief Executive Officer and Chairman of the board of directors of the Issuer, exercises voting and dispositive power over the securities held by EXCP XH Holding Limited. Ms. Wei Wang is the spouse of Mr. Hui Xu, and accordingly each of them is deemed to have beneficial ownership of the shares held by each other, unless any of them disclaims beneficial ownership of those shares. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>EXCP XCH Holding Limited | Names of Reporting Persons<br>EXCP XCH Holding Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>3370547.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3370547.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3370547.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3370547.00 |
| 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>15.19% | Percent of Class Represented by Amount in Row (9)<br>15.19% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** The 3,370,547 Ordinary Shares referred to in Rows 6, 7 and 9 represent Ordinary Shares of the Issuer. EXCP XCH Holding Limited is the record holder of the Ordinary Shares reported herein. Mr. Chenhan Xu exercises voting and dispositive power over the securities held by EXCP XCH Holding Limited. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>Chenhan Xu | Names of Reporting Persons<br>Chenhan Xu |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>3370547.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3370547.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3370547.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3370547.00 |
| 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>15.19% | Percent of Class Represented by Amount in Row (9)<br>15.19% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** The 3,370,547 Ordinary Shares referred to in Rows 6, 7 and 9 represent Ordinary Shares of the Issuer. EXCP XCH Holding Limited is the record holder of the Ordinary Shares reported herein. Mr. Chenhan Xu exercises voting and dispositive power over the securities held by EXCP XCH Holding Limited. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>EXCP XH Holding Limited | Names of Reporting Persons<br>EXCP XH Holding Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>15990759.00 |
| 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>15990759.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>15990759.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>15990759.00 |
| 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>72.08% | Percent of Class Represented by Amount in Row (9)<br>72.08% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** The 15,990,759 Ordinary Shares referred to in Rows 6, 8 and 9 represent Ordinary Shares held by record by (i) EXCP QQG Holding Limited, (ii) EXCP WW Holding Limited, (iii) EXCP XCH Holding Limited, and (iv) EXCP XH Holding Limited. Mr. Qiangang Qiu, Ms. Wei Wang, Mr. Chenhan Xu and Mr. Hui Xu (collectively, the "Voting Agreement Parties") are parties to an acting in concert agreement dated March 26, 2024 (the "Voting Agreement"), pursuant to which, each of the Voting Agreement Parties, other than Mr. Hui Xu, has agreed that if the Issuer seeks shareholder approval of any corporate matters, he or she will vote all the Ordinary Shares he or she beneficially owns in accordance with the action of Mr. Hui Xu. By virtue of the Voting Agreement and the obligations and rights thereunder, the Reporting Persons acknowledge and agree that they are acting as a "group" within the meaning of Section 13(d) of the Act with the other Voting Agreement Parties and/or certain of their affiliates. The Reporting Persons expressly disclaim beneficial ownership over any Ordinary Shares that they may be deemed to beneficially own solely by reason of the Voting Agreement. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

| 1. | Names of Reporting Persons<br>Hui Xu | Names of Reporting Persons<br>Hui Xu |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [x] (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>15990759.00 |
| 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>15990759.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>15990759.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>15990759.00 |
| 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>72.08% | Percent of Class Represented by Amount in Row (9)<br>72.08% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** The 15,990,759 Ordinary Shares referred to in Rows 6, 8 and 9 represent Ordinary Shares held by record by (i) EXCP QQG Holding Limited, (ii) EXCP WW Holding Limited, (iii) EXCP XCH Holding Limited, and (iv) EXCP XH Holding Limited. On March 26, 2024, the Voting Agreement Parties entered into the Voting Agreement, pursuant to which, each of the Voting Agreement Parties, other than Mr. Hui Xu, has agreed that if the Issuer seeks shareholder approval of any corporate matters, he or she will vote all the Ordinary Shares he or she beneficially owns in accordance with the action of Mr. Hui Xu. By virtue of the Voting Agreement and the obligations and rights thereunder, the Reporting Persons acknowledge and agree that they are acting as a "group" within the meaning of Section 13(d) of the Act with the other Voting Agreement Parties and/or certain of their affiliates. The Reporting Persons expressly disclaim beneficial ownership over any Ordinary Shares that they may be deemed to beneficially own solely by reason of the Voting Agreement. The percentage in Row 11 is based on 22,185,000 Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

---

**Item 1(a). Name of Issuer:**
Texxon Holding Limited

**Item 1(b). Address of Issuer's Principal Executive Offices:**
709, Block A, 1799 Wuzhong Road, Minhang District, Shanghai, China 200335

**Item 2(a). Name of Person Filing:**
(i) EXCP QQG Holding Limited
(ii) Qiangang Qiu
(iii) EXCP WW Holding Limited
(iv) Wei Wang
(v) EXCP XCH Holding Limited
(vi) Chenhan Xu
(vii) EXCP XH Holding Limited
(viii) Hui Xu (each, a "Reporting Person," and collectively, the "Reporting Persons")

**Item 2(b). Address of Principal Business Office:**
The principal business office for all Reporting Persons is 703, Block A, 1799 Wuzhong Road, Minhang District Shanghai, China, 200335

**Item 2(c). Citizenship:**
Each of EXCP QQG Holding Limited, EXCP WW Holding Limited, EXCP XCH Holding Limited and EXCP XH Holding Limited is a company formed in the British Virgin Islands. Each of Qiangang Qiu, Wei Wang, Chenhan Xu and Hui Xu is a citizen of China.

**Item 2(d). Title of Class of Securities:**
Ordinary Shares, par value $0.0001 per share

**Item 2(e). CUSIP Number:**
G8772G106

**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:**

Mr. Hui Xu may be deemed to beneficially own 15,990,759 Ordinary Shares of the Issuer. Mr. Qiangang Qiu may be deemed to beneficially own 5,963,545 Ordinary Shares of the Issuer. Ms. Wei Wang may be deemed to beneficially own 6,656,667 Ordinary Shares of the Issuer. Mr. Chenhan Xu may be deemed to beneficially own 3,370,547 Ordinary Shares of the Issuer. On March 26, 2024, the Voting Agreement Parties entered into the Voting Agreement, pursuant to which, each of the Voting Agreement Parties, other than Mr. Hui Xu, has agreed that if the Issuer seeks shareholder approval of any corporate matters, he or she will vote all the Ordinary Shares he or she beneficially owns in accordance with the action of Mr. Hui Xu. By virtue of the Voting Agreement and the obligations and rights thereunder, the Reporting Persons acknowledge and agree that they are acting as a "group" within the meaning of Section 13(d) of the Act with the other Voting Agreement Parties and/or certain of their affiliates. The Reporting Persons expressly disclaim beneficial ownership over any Ordinary Shares that they may be deemed to beneficially own solely by reason of the Voting Agreement.

**(b) Percent of class:**

The 15,990,759 Ordinary Shares beneficially owned by Mr. Hui Xu constitute 72.08% of the total number of Ordinary Shares issued and outstanding as of November 18, 2025, as reported in the Issuer's Annual Report on Form 20-F for the fiscal year ended June 30, 2025 filed with the Securities and Exchange Commission on November 18, 2025.

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

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

EXCP QQG Holding Limited: 0 Qiangang Qiu: 0
EXCP WW Holding Limited: 0 Wei Wang: 0
EXCP XCH Holding Limited: 0 Chenhan Xu: 0
EXCP XH Holding Limited: 0 Hui Xu: 0

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

EXCP QQG Holding Limited: 5,963,545 Qiangang Qiu: 5,963,545
EXCP WW Holding Limited: 6,656,667 Wei Wang: 6,656,667
EXCP XCH Holding Limited: 3,370,547 Chenhan Xu: 3,370,547
EXCP XH Holding Limited: 15,990,759 Hui Xu: 15,990,759

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

EXCP QQG Holding Limited: 5,963,545 Qiangang Qiu: 5,963,545
EXCP WW Holding Limited: 0 Wei Wang: 0
EXCP XCH Holding Limited: 3,370,547 Chenhan Xu: 3,370,547
EXCP XH Holding Limited: 0 Hui Xu: 0

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

EXCP QQG Holding Limited: 0 Qiangang Qiu: 0
EXCP WW Holding Limited: 6,656,667 Wei Wang: 6,656,667
EXCP XCH Holding Limited: 0 Chenhan Xu: 0
EXCP XH Holding Limited: 15,990,759 Hui Xu: 15,990,759

**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:**

—

### 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.

**EXCP QQG Holding Limited**

**Date:** 01/16/2026

**By:** /s/ Qiangang Qiu

**Name & Title:** Qiangang Qiu/Director

**Qiangang Qiu**

**Date:** 01/16/2026

**By:** /s/ Qiangang Qiu

**Name & Title:** Qiangang Qiu/Individual

**EXCP WW Holding Limited**

**Date:** 01/16/2026

**By:** /s/ Wei Wang

**Name & Title:** Wei Wang/Director

**Wei Wang**

**Date:** 01/16/2026

**By:** /s/ Wei Wang

**Name & Title:** Wei Wang/Individual

**EXCP XCH Holding Limited**

**Date:** 01/16/2026

**By:** /s/ Chenhan Xu

**Name & Title:** Chenhan Xu/Director

**Chenhan Xu**

**Date:** 01/16/2026

**By:** /s/ Chenhan Xu

**Name & Title:** Chenhan Xu/Individual

**EXCP XH Holding Limited**

**Date:** 01/16/2026

**By:** /s/ Hui Xu

**Name & Title:** Hui Xu/Director

**Hui Xu**

**Date:** 01/16/2026

**By:** /s/ Hui Xu

**Name & Title:** Hui Xu/Individual