Initial Statement of Beneficial Ownership

This filing reports the initial statement of beneficial ownership for Xie Yaqiao, who is a director at Phoenix Asia Holdings Ltd. The report, filed on April 10, 2026, pertains to the period ending March 18, 2026. According to the filing, Xie Yaqiao directly owns no securities in the company. The filing was made using schema version X0607 and signed by Yaqiao Xie.