<SEC-DOCUMENT>0001213900-25-062207.txt : 20250709
<SEC-HEADER>0001213900-25-062207.hdr.sgml : 20250709
<ACCEPTANCE-DATETIME>20250709090850
ACCESSION NUMBER:		0001213900-25-062207
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250709
DATE AS OF CHANGE:		20250709

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAIHEAT Ltd
		CENTRAL INDEX KEY:			0001847075
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				981584130
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-94010
		FILM NUMBER:		251112400

	BUSINESS ADDRESS:	
		STREET 1:		437 MADISON AVENUE
		STREET 2:		27TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		(732) 910-9692

	MAIL ADDRESS:	
		STREET 1:		437 MADISON AVENUE
		STREET 2:		27TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SAI.TECH Global Corp
		DATE OF NAME CHANGE:	20220502

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TradeUP Global Corp
		DATE OF NAME CHANGE:	20210219

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Energy Science Artist Holding Ltd
		CENTRAL INDEX KEY:			0002011948
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		C/O SAI.TECH GLOBAL CORPORATION
		STREET 2:		#01-05 PEARL'S HILL TERRACE
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			168976
		BUSINESS PHONE:		008618611743705

	MAIL ADDRESS:	
		STREET 1:		C/O SAI.TECH GLOBAL CORPORATION
		STREET 2:		#01-05 PEARL'S HILL TERRACE
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			168976
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Energy Science Artist Holding Ltd -->
          <cik>0002011948</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Class A and Class B Ordinary Shares, par value $0.0015 per share</securitiesClassTitle>
      <dateOfEvent>07/01/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001847075</issuerCIK>
        <issuerCUSIP>G7852T145</issuerCUSIP>
        <issuerName>SAIHEAT LIMITED</issuerName>
        <address>
          <com:street1>#266A South Bridge Road</com:street1>
          <com:street2>#02-01</com:street2>
          <com:city>Singapore</com:city>
          <com:stateOrCountry>U0</com:stateOrCountry>
          <com:zipCode>058815</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Peng Zhang</personName>
          <personPhoneNum>1 6263905318</personPhoneNum>
          <personAddress>
            <com:street1>Sea Meadow House</com:street1>
            <com:street2>P.O. Box 116 Road Town,</com:street2>
            <com:city>Tortola</com:city>
            <com:stateOrCountry>D8</com:stateOrCountry>
            <com:zipCode>100097</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0002011948</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Energy Science Artist Holding Limited</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>D8</citizenshipOrOrganization>
        <soleVotingPower>642043.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>642043.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>642043.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>100</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Method Wise Global Limited</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>D8</citizenshipOrOrganization>
        <soleVotingPower>13334.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>13334.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>13334.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>0.7</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Peng Zhang</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>F4</citizenshipOrOrganization>
        <soleVotingPower>655377.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>655377.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>655377.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>100</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>For box 7, 9 and 11:

Represents 642,043 Class B ordinary shares held by Energy Science Artist Holding Limited and 13,334 class A ordinary shares held by Method Wise Global Limited

For box 13:

Represents 0.7% of class A ordinary shares and 100% class B ordinary shares</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Class A and Class B Ordinary Shares, par value $0.0015 per share</securityTitle>
        <issuerName>SAIHEAT LIMITED</issuerName>
        <issuerPrincipalAddress>
          <com:street1>#266A South Bridge Road</com:street1>
          <com:street2>#02-01</com:street2>
          <com:city>Singapore</com:city>
          <com:stateOrCountry>U0</com:stateOrCountry>
          <com:zipCode>058815</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This amendment No.1 to Schedule 13D/A (this "Schedule 13D/A") relates to the Class A ordinary
shares, par value $0.0015 per share (the "Class A ordinary shares") and Class B ordinary shares, par value $0.0015 per share (the "Class B ordinary shares"), of SAIHEAT Limited (the "Issuer"), a Cayman Islands exempted company. The address of the Issuer's principal executive office is #266A South Bridge Road, #02-01 Singapore (058815).</commentText>
      </item1>
      <item2>
        <filingPersonName>This Schedule 13D/A is filed by (i) Energy Science Artist Holding Limited ("Energy Science"), a British Virgin Islands Business Company; (ii) Method Wise Global Limited ("Method Wise"); and (iii) Peng Zhang, the sole shareholder of Energy Science and Method Wise.

Energy Science, Method Wise and Peng Zhang are deemed to be the "Reporting Persons" and, may be referred to herein as each a "Reporting Person".</filingPersonName>
        <principalBusinessAddress>The business address for each of the Reporting Person is Sea Meadow House, P.O. Box 116, Road Town, Tortola, British Virgin Islands.</principalBusinessAddress>
        <principalJob>The principal business of each of Energy Science Artist Holding Limited and Method Wise Global Limited is to serve as a holding company. Peng Zhang is a private entrepreneur.</principalJob>
        <hasBeenConvicted>During the last five years, none of the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</hasBeenConvicted>
        <convictionDescription>During the last five years, none of the Reporting Person was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
      </item2>
      <item3>
        <fundsSource>On July 1, 2025, Risheng Li entered into a share transfer form with Peng Zhang, pursuant to which Risheng Li, as transferor, agreed to transfer his one ordinary share of Energy Science Artist Holding Limited ("Energy Science"), a British Virgin Islands Business Company, representing 100% issued share capital of Energy Science, to Peng Zhang, as transferee (the "First Transaction").

On July 1, 2025, Chuqiao Du entered into a share transfer form with Peng Zhang, pursuant to which Chuqiao Du, as transferor, agreed to transfer his one ordinary share of Method Wise Global Limited a British Virgin Islands Business Company, representing 100% issued share capital of Energy Science, to Peng Zhang, as transferee (the "Second Transaction", together with the "First Transaction", the "Transactions").

The consummation of the Transactions resulted in a change in control of the Issuer, with Peng Zhang becoming the sole controlling shareholder of the Issuer, holding 86.6% voting power in the Issuer.

There was no monetary consideration paid by Mr. Peng Zhang in connection with the Transactions. Subsequent to the Transactions, each of Energy Science and Method Wise is 100% owned and controlled by its sole shareholder, Peng Zhang.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>See response to Item 3.

Except to the extent provided in this Schedule 13D/A, none of the Reporting Persons have any current plans or proposals that relate to, or could result in any of the matters referred to in paragraphs (a) through (j) inclusive, of Item 4 of this Schedule 13D/A. The Reporting Persons may, at any time and from time to time, review or reconsider their positions and/or change their purposes and/or formulate plans or proposals with respect thereto.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>See responses to Rows (11) and (13) of the cover pages to this Schedule 13D/A. The percentage used in Row (13) of the cover page to this Schedule 13D/A is calculated based upon 1,875,190 class A ordinary shares and 642,043 Class B ordinary shares currently outstanding.</percentageOfClassSecurities>
        <numberOfShares>See responses to Rows (7) through (10) of the cover pages to this Schedule 13D/A.</numberOfShares>
        <transactionDesc>Other than as disclosed in this Schedule 13D/A, each of the Reporting Persons has not effected any transaction in the Issuer's securities within the past 60 days.</transactionDesc>
        <listOfShareholders>No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Class A ordinary shares or the Class B ordinary shares held by the Reporting Person.</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Except as described in this Schedule 13D/A, there are no contracts, arrangements, understandings, or relationships other than as disclosed among the persons named in Item 2 hereof and any other person, with respect to the securities of the Company.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Exhibit 99.1

Joint Filing Agreement dated July 9, 2025, by and among the Reporting Persons</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Energy Science Artist Holding Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Peng Zhang</signature>
          <title>Peng Zhang / Director</title>
          <date>07/09/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Method Wise Global Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Peng Zhang</signature>
          <title>Peng Zhang / Director</title>
          <date>07/09/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Peng Zhang</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Peng Zhang</signature>
          <title>Peng Zhang</title>
          <date>07/09/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ea024825402ex99-1_saiheat.htm
<DESCRIPTION>JOINT FILING AGREEMENT DATED JULY 9, 2025, BY AND AMONG THE REPORTING PERSONS
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>JOINT FILING AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to Rule 13d-1(k)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SAIHEAT Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">The undersigned acknowledge and agree that the foregoing statement
on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall
be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned
acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information
concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the
others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">IN WITNESS WHEREOF, the undersigned hereby execute this
Agreement as of July 9, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ENERGY SCIENCE ARTIST HOLDING LIMITED</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 40%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Peng Zhang</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Peng Zhang</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: Director</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt"><B>METHOD WISE GLOBAL LIMITED</B></P>
</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; vertical-align: bottom">/s/ Peng Zhang</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Name: Peng Zhang</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Title: Director</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-transform: uppercase; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Peng Zhang</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Peng Zhang</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: Peng Zhang</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
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</SEC-DOCUMENT>
