# EDGAR Filing Document

**Accession Number:** 0001840129
**File Stem:** 0001840129-26-000005
**Filing Date:** 2026-2
**Character Count:** 9028
**Document Hash:** 6dbcbd3fa6fe1c7bfdfcfc53ed043916
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001840129-26-000005.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001840129-26-000005

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hel Ved Capital Management Ltd
- **CENTRAL INDEX KEY:** 0001840129

**ORGANIZATION NAME:**
- **EIN:** 981539055
- **STATE OF INCORPORATION:** K3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21903
- **FILM NUMBER:** 26628466

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** SUITE 7004-7005, 70/F,
- **STREET 2:** TWO IFC, 8 FINANCE STREET
- **CITY:** CENTRAL
- **NON US STATE TERRITORY:** HONG KONG
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 85236110229

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** SUITE 7004-7005, 70/F,
- **STREET 2:** TWO IFC, 8 FINANCE STREET
- **CITY:** CENTRAL
- **NON US STATE TERRITORY:** HONG KONG
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Hel Ved Capital Management Ltd<br>**Address:** SUITE 7004-7005 70/F<br>TWO IFC 8 FINANCE STREET<br>CENTRAL, K3 00000

**Form 13F File Number:** 028-21903

**CRD Number (if applicable):** 000306323

**SEC File Number (if applicable):** 802-118665

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** ANNIE LAI<br>**Title:** COO<br>**Phone:** 36110229

**Signature, Place, and Date of Signing:**

ANNIE LAI  CENTRAL, K3  02-12-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 52

**Form 13F Information Table Value Total:** $372104036

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALLEGRO MICROSYSTEMS INC | COM | 01749D105 |  | 1657983 | 62850 | SH |  | SOLE |  | 62850 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 8286643 | 32245 | SH |  | SOLE |  | 32245 | 0 | 0 |
| ARGAN INC | COM | 04010E109 |  | 8621626 | 27517 | SH |  | SOLE |  | 27517 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 6471590 | 49530 | SH |  | SOLE |  | 49530 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 1377207 | 15850 | SH |  | SOLE |  | 15850 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 4866531 | 8495 | SH |  | SOLE |  | 8495 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 3011035 | 18730 | SH |  | SOLE |  | 18730 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 16390779 | 70085 | SH |  | SOLE |  | 70085 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 18477303 | 100110 | SH |  | SOLE |  | 100110 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 1203512 | 8850 | SH |  | SOLE |  | 8850 | 0 | 0 |
| EHANG HLDGS LTD | ADS | 26853E102 |  | 2610049 | 198031 | SH |  | SOLE |  | 198031 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 1777517 | 23562 | SH |  | SOLE |  | 23562 | 0 | 0 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 2951887 | 4825 | SH |  | SOLE |  | 4825 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 |  | 7562280 | 89760 | SH |  | SOLE |  | 89760 | 0 | 0 |
| EVERUS CONSTR GROUP | COM | 300426103 |  | 2255362 | 26360 | SH |  | SOLE |  | 26360 | 0 | 0 |
| FERMI INC | COM | 314911108 |  | 2182400 | 272800 | SH |  | SOLE |  | 272800 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 4986097 | 19087 | SH |  | SOLE |  | 19087 | 0 | 0 |
| FLUENCE ENERGY INC | COM CL A | 34379V103 |  | 1734706 | 87700 | SH |  | SOLE |  | 87700 | 0 | 0 |
| IMPINJ INC | COM | 453204109 |  | 5537868 | 31825 | SH |  | SOLE |  | 31825 | 0 | 0 |
| JFROG LTD | ORD SHS | M6191J100 |  | 1274184 | 20400 | SH |  | SOLE |  | 20400 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 1283754 | 6318 | SH |  | SOLE |  | 6318 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 4668763 | 27274 | SH |  | SOLE |  | 27274 | 0 | 0 |
| LEGENCE CORP | CL A | 52476L109 |  | 11007480 | 255750 | SH |  | SOLE |  | 255750 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 33684703 | 91388 | SH |  | SOLE |  | 91388 | 0 | 0 |
| MASTEC INC | COM | 576323109 |  | 5265788 | 24225 | SH |  | SOLE |  | 24225 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 30253460 | 106000 | SH | Call | SOLE |  | 106000 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 4199523 | 14714 | SH |  | SOLE |  | 14714 | 0 | 0 |
| MONDAY COM LTD | SHS | M7S64H106 |  | 1195974 | 8105 | SH |  | SOLE |  | 8105 | 0 | 0 |
| MYR GROUP INC DEL | COM | 55405W104 |  | 3525498 | 16135 | SH |  | SOLE |  | 16135 | 0 | 0 |
| NEXTPOWER INC | CLASS A COM | 65290E101 |  | 6201796 | 71195 | SH |  | SOLE |  | 71195 | 0 | 0 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 |  | 4381049 | 38637 | SH |  | SOLE |  | 38637 | 0 | 0 |
| PONY AI INC | SPONSORED ADS | 732908108 |  | 11293746 | 778879 | SH |  | SOLE |  | 778879 | 0 | 0 |
| POWER SOLUTIONS INTL INC | COM NEW | 73933G202 |  | 6178320 | 108126 | SH |  | SOLE |  | 108126 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 11889509 | 95775 | SH |  | SOLE |  | 95775 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 8426850 | 19966 | SH |  | SOLE |  | 19966 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 2711633 | 214020 | SH |  | SOLE |  | 214020 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 9460780 | 39855 | SH |  | SOLE |  | 39855 | 0 | 0 |
| SHARPLINK GAMING INC | COM NEW | 820014405 |  | 966414 | 108100 | SH |  | SOLE |  | 108100 | 0 | 0 |
| SHOALS TECHNOLOGIES GROUP IN | CL A | 82489W107 |  | 6859925 | 807050 | SH |  | SOLE |  | 807050 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 3265276 | 20285 | SH |  | SOLE |  | 20285 | 0 | 0 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 2813292 | 12825 | SH |  | SOLE |  | 12825 | 0 | 0 |
| SOLANA CO | COM CL A NEW | 42328V876 |  | 1259991 | 435983 | SH |  | SOLE |  | 435983 | 0 | 0 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 11871009 | 244360 | SH |  | SOLE |  | 244360 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 3034391 | 6460 | SH |  | SOLE |  | 6460 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 2483491 | 9700 | SH |  | SOLE |  | 9700 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 3038892 | 15700 | SH |  | SOLE |  | 15700 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 15965060 | 35500 | SH | Call | SOLE |  | 35500 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 14153588 | 31472 | SH |  | SOLE |  | 31472 | 0 | 0 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 2380500 | 34500 | SH |  | SOLE |  | 34500 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 4837587 | 109522 | SH |  | SOLE |  | 109522 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 36553195 | 101500 | SH | Put | SOLE |  | 101500 | 0 | 0 |
| VNET GROUP INC | SPONSORED ADS A | 90138A103 |  | 3756240 | 444000 | SH |  | SOLE |  | 444000 | 0 | 0 |

---