Schedule 13D/A Filing for Phunware, Inc.

Goldenwise Capital Group Ltd, through its management of the GoldenFuture Fund and certain separately managed accounts (SMAs), has increased its beneficial ownership of Phunware, Inc. common stock to 1,233,811 shares, representing 6.1% of the outstanding shares. This increase, with a previous ownership of 5.5%, was acquired using working capital and potentially margin loans. The filing indicates that Goldenwise Capital Group Ltd and Mr. Huakun Ding, CEO of Goldenwise, have sole voting and dispositive power over these shares. The Reporting Person acquired the shares for investment purposes and intends to engage in discussions with Phunware's board and management regarding governance, capital allocation, strategic direction, and overall performance. They are seeking constructive dialogue and exploring the possibility of contributing more directly to the Company's future, potentially including board representation. The Reporting Person believes there are opportunities to enhance shareholder value through improved alignment, governance, and execution and will continue to evaluate all available options.