SCHEDULE 13G/A 0001213900-25-012497 0001843561 XXXXXXXX LIVE 5 Class A Ordinary Shares, par value $0.0001 per share 12/31/2025 0001814067 Lixiang Education Holding Co. Ltd. 53934A206 No. 818 Hua Yuan Street, Liandu District Zhejiang Province, 323000, People's Repu Zhejiang Province F4 323000 Rule 13d-1(d) Fen Ye F4 47500000.00 0.00 47500000.00 0.00 47500000.00 N 2.48 IN (1) Represents 45,000,000 Class B ordinary shares of the Issuer (as defined below) held by Mengxiang Holdings Limited, and 2,500,000 Class A ordinary shares of the Issuer held by Mengxiang Investment Co., Ltd. Both Mengxiang Holdings Limited and Mengxiang Investment Co., Ltd are wholly-owned and controlled by Ms. Fen Ye. (2) Calculation of the percentage is based on 1,871,667,000 Class A ordinary shares of the Issuer and 45,000,000 Class B ordinary shares of the Issuer issued and outstanding as of December 31, 2025. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 200 votes per share on all matters submitted to them for vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Mengxiang Holdings Limited D8 45000000.00 0.00 45000000.00 0.00 45000000.00 N 2.35 CO (1) Represents 45,000,000 Class B ordinary shares held by Mengxiang Holdings Limited. Mengxiang Holdings Limited is wholly-owned and controlled by Ms. Fen Ye. (2) Calculation of the percentage is based on 1,871,667,000 Class A ordinary shares of the Issuer and 45,000,000 Class B ordinary shares of the Issuer issued and outstanding as of December 31, 2025. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 200 votes per share on all matters submitted to them for vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Mengxiang Investment Co., Ltd D8 2500000.00 0.00 2500000.00 0.00 2500000.00 N 0.13 CO (1) Represents 2,500,000 Class A ordinary shares held by Mengxiang Investment Co., Ltd. Mengxiang Investment Co., Ltd is wholly-owned and controlled by Ms. Fen Ye. (2) Calculation of the percentage is based on 1,871,667,000 Class A ordinary shares of the Issuer and 45,000,000 Class B ordinary shares of the Issuer issued and outstanding as of December 31, 2025. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 200 votes per share on all matters submitted to them for vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Lixiang Education Holding Co. Ltd. No. 818 Hua Yuan Street, Liandu District, Lishui City, Zhejiang Province, 323000, People's Republic of China. (1) Fen Ye ("Ms. Ye") (2) Mengxiang Holdings Limited ("Mengxiang Holdings") (3) Mengxiang Investment Co., Ltd. ("Mengxiang Investment") This Amendment No.5 to Schedule 13G is being jointly filed by Ms. Ye, Mengxiang Holdings and Mengxiang Investment (collectively, the "Filing Persons"). The Filing Persons have entered into a Joint Filing Agreement, dated February 14, 2023, pursuant to which the Filing Persons agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k) under the Act. (1) Ms. Ye: c/o No. 818 Hua Yuan Street, Liandu District, Lishui City, Zhejiang Province, 323000, People's Republic of China. (2) Mengxiang Holdings: Coastal Building, Wickham's Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. (3) Mengxiang Investment: Coastal Building, Wickham's Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. (1) Ms. Ye: People's Republic of China (2) Mengxiang Holdings: British Virgin Islands (3) Mengxiang Investment: British Virgin Islands Y The information required by Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Item 4(b) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference. Calculation of the percentage is based on 1,871,667,000 Class A ordinary shares of the Issuer and 45,000,000 Class B ordinary shares of the Issuer issued and outstanding as of December 31, 2025. Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B ordinary shares is entitled to 200 votes per share on all matters submitted to them for vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. The information required by Items 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Items 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Items 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Items 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person and is incorporated herein by reference. Y Y Y Y Y Y 99.1 Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to Schedule 13G filed on February 14, 2023 by the Filing Persons with the Securities and Exchange Commission) Fen Ye /s/ Fen Ye 02/04/2026 Mengxiang Holdings Limited /s/ Fen Ye 02/04/2026 Mengxiang Investment Co., Ltd /s/ Fen Ye 02/04/2026