SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Pegasus Technologies Holding Ltd.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, U.S.

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 690,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 690,000.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

690,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

5.9 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 1 Represents 690,000 Class A ordinary shares of Tungray Technologies Inc (the "Issuer") held by Pegasus Technologies Holding Ltd. ("Pegasus Technologies"). Pegasus Technologies is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over Pegasus Technologies is Wanjun Yao. 2 See Item 4. If taking into account of the voting power of Class B ordinary shares, each of which has 20 votes per share when voting together with Class A ordinary shares as one class, 690,000 Class A ordinary shares held by Pegasus Technologies represent 0.67% voting power of all shares of the Issuer.

SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Pegasus Automation Global Ltd.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, U.S.

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 720,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 720,000.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

720,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

6.1 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 3 Represents 720,000 Class A ordinary shares of the Issuer held by Pegasus Automation Global Ltd. ("Pegasus Automation Global"). Pegasus Automation Global is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over Pegasus Automation Global is Wanjun Yao. 2 See Item 4. If taking into account of the voting power of Class B ordinary shares, each of which has 20 votes per share, 720,000 Class A ordinary shares held by Pegasus Automation Global represent 0.70% voting power of all shares of the Issuer when voting together as one class.

SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Enolios Ltd.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, U.S.

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,250,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,250,000.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

2,250,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

19.1 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 4 Represents 2,250,000 Class A ordinary shares of the Issuer held by Enolios Ltd. ("Enolios"). Enolios is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over Enolios is Wanjun Yao. 2 See Item 4. If taking into account of the voting power of Class B ordinary shares, each of which has 20 votes per share, 2,250,000 Class A ordinary shares held by Enolios represent 2.18% voting power of all shares of the Issuer when voting together as one class.

SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Pegasus Automation Ltd.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 91,200,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 91,200,000.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

4,560,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

88.6 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 5 Represents 4,560,000 Class B ordinary shares of the Issuer held by Pegasus Automation Ltd. Each Class B ordinary share has 20 votes per share when voting together with Class A ordinary shares as one class. Pegasus Automation Ltd. is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over Pegasus Automation Ltd. is Wanjun Yao. 2 See Item 4. Since each Class B ordinary share has 20 votes per share, 4,560,000 Class B ordinary shares represent 88.55% voting power of all shares of the Issuer when voting together as one class.

SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Aurora International Development Ltd

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 432,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 432,000.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

432,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 6 Represents 432,000 Class A ordinary shares held by Aurora International Development Ltd ("Aurora"). The holding company is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over Aurora is Ms. Liling Du, the wife of the Chairman, CEO and director of the Issuer, Mr. Wanjun Yao. Ms. Du is deemed to share with her spouse, Mr. Yao, the power to dispose 432,000 Class A ordinary shares held by Aurora. Mr. Yao disclaims beneficial ownership for purposes of Section 13(d) of the Act or for any other purpose. 2 See Item 4. If taking into account of the voting power of Class B ordinary shares, each of which has 20 votes per share, 432,000 Class A ordinary shares held by Aurora represent 0.42% voting power of all shares of the Issuer when voting together as one class.

SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Yao Wanjun

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 94,860,000.00
6	Shared Voting Power 95,292,000.00
7	Sole Dispositive Power 94,860,000.00
8	Shared Dispositive Power 95,292,000.00

Aggregate Amount Beneficially Owned by Each Reporting Person

4,092,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

92.5 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 7 Represents 690,000 Class A ordinary shares held by Pegasus Technologies, 720,000 Class A ordinary shares held by Pegasus Automation Global, 2,250,000 Class A ordinary shares held by Enolios and 4,560,000 Class B ordinary shares held by Pegasus Automation Ltd. All four holding companies are limited liability companies incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over the four holding companies is Wanjun Yao. Each of the Issuer's Class B ordinary shares has 20 votes per share, and each of Issuer's Class A ordinary shares has 1 vote per share. As such, through Pegasus Technologies, Pegasus Automation Global, Enolios and Pegasus Automation Ltd., Mr. Wanjun Yao has 92.10% of the Issuer's total voting power. 8 Represent 432,000 Class A ordinary shares held by Aurora (which is owned by Ms. Liling Du, wife of Mr. Wanjun Yao), 690,000 Class A ordinary shares held by Pegasus Technologies, 720,000 Class A ordinary shares held by Pegasus Automation Global, 2,250,000 Class A ordinary shares held by Enolios and 4,560,000 Class B ordinary shares held by Pegasus Automation Ltd. As spouses, Ms. Du and Mr. Yao may be deemed to share the voting, dispositive or investment powers over the five holding companies. Each of the Issuer's Class B ordinary shares has 20 votes per share, and each of Issuer's Class A ordinary shares has 1 vote per share. As such, through the five holding companies, Mr. Wanjun Yao has 92.52% of the Issuer's total voting power. 2 See Item 4.

SCHEDULE 13G

CUSIP No.

G9124M106

Names of Reporting Persons

Liling Du

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 432,000.00
6	Shared Voting Power 95,292,000.00
7	Sole Dispositive Power 432,000.00
8	Shared Dispositive Power 95,292,000.00

Aggregate Amount Beneficially Owned by Each Reporting Person

432,000.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

3.7 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person: 9 Represents 432,000 Class A ordinary shares held by Aurora. The person having voting, dispositive or investment powers over Aurora is Ms. Liling Du, the wife of the Chairman, CEO and director of the Issuer, Mr. Wanjun Yao. Ms. Du is deemed to share with her spouse, Mr. Yao the power to dispose 432,000 Class A ordinary shares held by Aurora. Mr. Yao disclaims beneficial ownership for purposes of Section 13(d) of the Act or for any other purpose. 10 Represent 432,000 Class A ordinary shares held by Aurora, 690,000 Class A ordinary shares held by Pegasus Technologies, 720,000 Class A ordinary shares held by Pegasus Automation Global, 2,250,000 Class A ordinary shares held by Enolios and 4,560,000 Class B ordinary shares held by Pegasus Automation Ltd. All five holding companies are limited liability companies incorporated under the British Virgin Islands laws. As spouses, Ms. Du and Mr. Yao may be deemed to share the voting, dispositive or investment powers over the five holding companies. Each of the Issuer's Class B ordinary shares has 20 votes per share, and each of Issuer's Class A ordinary shares has 1 vote per share. As such, the shares held by the five holding companies have 92.52% of the Issuer's total voting power. 2 See Item 4. If taking into account of the voting power of Class B ordinary shares, each of which has 20 votes per share, 432,000 Class A ordinary shares held by Aurora represent 0.42% voting power of all shares of the Issuer when voting together as one class.

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Tungray Technologies Inc

(b)

Address of issuer's principal executive offices:

#02-01, 31 MANDAI ESTATE, #02-01, 31 MANDAI ESTATE, SINGAPORE, SINGAPORE, 729933.

Item 2.

(a)

Name of person filing:

Pegasus Technologies Holding Ltd. Pegasus Automation Global Ltd. Enolios Ltd. Pegasus Automation Ltd. Aruora International Development Ltd. Wanjun Yao Liling Du

(b)

Address or principal business office or, if none, residence:

For Pegasus Technologies Holding Ltd., Pegasus Automation Global Ltd., Enolios Ltd., Pegasus Automation Ltd., Aruora International Development Ltd., Wanjun Yao and Liling Du: #02-01, 31 Mandai Estate, Innovation Place Tower 4, Singapore 729933

(c)

Citizenship:

Pegasus Technologies Holding Ltd.: The British Virgin Islands Pegasus Automation Global Ltd.: The British Virgin Islands Enolios Ltd.: The British Virgin Islands Pegasus Automation Ltd.: The British Virgin Islands Aruora International Development Ltd: The British Virgin Islands Wanjun Yao: The People?s Republic of China Liling Du: The People?s Republic of China

(d)

Title of class of securities:

Class A Ordinary Shares, par value US$0.0001 per share

(e)

CUSIP No.:

G9124M106

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:

The information required by Items 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference.

(b)

Percent of class:

The total number of outstanding Class A ordinary shares used to calculate the percent of class is 11,793,485 Class A ordinary shares. The total number of outstanding Class B ordinary shares used to calculate the percent of class is 4,560,000 Class B ordinary shares. Each of the Issuer?s Class B ordinary shares has 20 votes per share, and each of the Issuer?s Class A ordinary shares has 1 vote per share. The Issuer?s Class A ordinary shares are not convertible into shares of any other class. Class B ordinary shares may be converted into Class A ordinary shares on a one-to-one basis at the option of such holder at any time. In addition, upon any sale, transfer, assignment or disposition to any person or entity who is not an affiliate, the Issuer?s Class B ordinary shares will be automatically and immediately convertible into Class A ordinary shares on a one-to-one basis.

(c)

Number of shares as to which the person has:

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

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

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

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

Item 5.

Ownership of 5 Percent or Less of a Class.

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

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:

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.

Pegasus Technologies Holding Ltd.

Signature:	/s/ Wanjun Yao
Name/Title:	Director
Date:	07/07/2025

Pegasus Automation Global Ltd.

Signature:	/s/ Wanjun Yao
Name/Title:	Director
Date:	07/07/2025

Enolios Ltd.

Signature:	/s/ Wanjun Yao
Name/Title:	Director
Date:	07/07/2025

Pegasus Automation Ltd.

Signature:	/s/ Wanjun Yao
Name/Title:	Director
Date:	07/07/2025

Aurora International Development Ltd

Signature:	/s/ Liling Du
Name/Title:	Director
Date:	07/07/2025

Yao Wanjun

Signature:	/s/ Wanjun Yao
Name/Title:	Self
Date:	07/07/2025

Liling Du

Signature:	/s/ Liling Du
Name/Title:	Self
Date:	07/07/2025