X0202 SCHEDULE 13G 0002089291 XXXXXXXX LIVE Class A Ordinary Shares, par value $0.0001 per share 07/13/2026 0002074973 Churchill Capital Corp XI G2131A124 640 FIFTH AVENUE 12TH FLOOR NEW YORK NY 10019 Rule 13d-1(c) RichRich Capital LLC a IN 0.00 179026.00 0.00 179026.00 179026.00 N 0 PN Huang Capital Inc. a FL 0.00 1330008.00 0.00 1330008.00 1330008.00 N 3.17 CO Huang Rich a X1 641143.00 1509034.00 641143.00 1509034.00 2150177.00 N 5.13 IN Churchill Capital Corp XI 640 FIFTH AVENUE 12TH FLOOR, NEW YORK, NEW YORK 10019 RichRich Capital LLC ("RichRich") Huang Capital Inc. ("Huang Capital") Rich Huang ("Mr. Huang") Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." RichRich Capital LLC 1000 Brickell Plaza, Unit 2704 Miami, FL 33131 Huang Capital Inc. 1000 Brickell Plaza, Unit 2704 Miami, FL 33131 Rich Huang 1000 Brickell Plaza, Unit 2704 Miami, FL 33131 RichRich Capital LLC Indiana Huang Capital Inc. Florida Rich Huang USA Y As of July 13, 2026, RichRich beneficially owned 179,026 Class A Ordinary Shares. Mr. Huang, as the sole member of RichRich, may be deemed to beneficially own the Issuer's securities described herein beneficially owned by RichRich. As of July 13, 2026 Huang Capital beneficially owned 1,330,008 Class A Ordinary Shares. Mr. Huang, as the sole director and sole officer of Huang Capital, may be deemed to beneficially own the Issuer's securities described herein beneficially owned by Huang Capital. Mr. Huang also may be deemed to be the beneficial owner of an aggregate of 641,143 Class A Ordinary Shares, 329,331 shares of which are held by Mr. Huang, individually and 311,812 of which are held in his IRA accounts. The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of any Class A Ordinary Shares owned by another Reporting Person or any other person. Mr. Huang disclaims beneficial ownership of the Class A Ordinary Shares beneficially owned by RichRich and Huang Capital. The filing of this statement shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities. The following percentages are based on 41,900,000 Class A Ordinary Shares issued and outstanding as of May 13, 2026 based upon the Issuer's Form 10-Q for the period ended March 31, 2026, filed with the Securities and Exchange Commission on May 13, 2026. As of July 13, 2026, RichRich may be deemed to beneficially own less than 1.00% of the outstanding Class A Ordinary Shares. As of July 13, 2026, Huang Capital may be deemed to beneficially own approximately 3.17% of the outstanding Class A Ordinary Shares. As of July 13, 2026, Mr. Huang may be deemed to beneficially own approximately 5.13% of the outstanding Class A Ordinary Shares. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. Y N Mr. Huang may be deemed to share voting and dispositive power over the Class A Ordinary Shares beneficially owned by RichRich and Huang Capital. Y N See Exhibit 99.1. Y N 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. 99.1 - Joint Filing Agreement RichRich Capital LLC /s/ Rich Huang 07/20/2026 Huang Capital Inc. /s/ Rich Huang 07/20/2026 Huang Rich /s/ Rich Huang 07/20/2026