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CUSIP No. G28365107
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Page
2 of 7
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1.
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Names of Reporting Persons.
Destiny
Links Management Limited
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2.
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Check the Appropriate Box if a Member of a Group
(a)
☐
(b)
☒
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
British
Virgin Islands, Place of Organization
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Number
of Shares
Beneficially
Owned
by
Each
Reporting
Person
With:
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5.
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Sole Voting Power
160,000
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6.
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Shared Voting Power
0
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7.
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Sole Dispositive Power
160,000
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8.
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Shared Dispositive Power
0
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
160,000
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10.
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐
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11.
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Percent of Class Represented by Amount in Row (9)
0.9%
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12.
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Type of Reporting Person
CO
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CUSIP No. G28365107
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Page
3 of 7
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1.
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Names of Reporting Persons.
Koulin
Han
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2.
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Check the Appropriate Box if a Member of a Group
(a)
☐
(b)
☒
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3.
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SEC Use Only
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4.
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Citizenship or Place of Organization
P.
R. China
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Number
of Shares
Beneficially
Owned
by
Each
Reporting
Person
With:
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5.
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Sole Voting Power
160,000
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6.
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Shared Voting Power
0
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7.
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Sole Dispositive Power
160,000
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8.
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Shared Dispositive Power
0
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9.
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Aggregate Amount Beneficially Owned by Each Reporting Person
160,000
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10.
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares
☐
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11.
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Percent of Class Represented by Amount in Row (9)
0.9%
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12.
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Type of Reporting Person
IN
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CUSIP No. G28365107
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Page
4 of 7
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ITEM
1.
(a)
Name of Issuer: Dragon Victory International Limited
(b)
Address of Issuer’s Principal Executive Offices: Room 1803, Yintai International Building, Kejiguan Road, Binjiang District,
Hangzhou, Zhejiang Province, China
ITEM
2.
(a)
Name of Person Filing: This Schedule is filed by Destiny Links Management, Ltd. (“Destiny Links”), a British
Virgin Islands exempted limited company, and Koulin Han, the 100% owner of Destiny Links. The foregoing is collectively referred to
as the “Reporting Persons.”
(b)
Address of Principal Business Office, or if None, Residence: Wickham’s Cay II, P.O. Box 2221, Road Town, Tortola,
British Virgin Islands
(c)
Citizenship: (1) Destiny Links is a British Virgin Islands company; (2) Koulin Han is a P. R. China citizen.
(d)
Title of Class of Securities: Ordinary Share
(e)
CUSIP Number: G28365107
ITEM
3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
Not
Applicable.
ITEM
4. OWNERSHIP.
Provide
the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a)
Amount beneficially owned: 160,000
(b)
Percent of class: 0.9%
(c)
Number of shares as to which such person has:
(i)
Sole power to vote or to direct the vote: 160,000
(ii)
Shared power to vote or to direct the vote: 0
(iii)
Sole power to dispose or to direct the disposition of: 160,000
(iv)
Shared power to dispose or to direct the disposition of: 0
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CUSIP No. G28365107
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Page
5 of 7
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ITEM
5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
This
statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of
more than 5 percent of the class of securities. On June 16, 2021, Destiny Links sold 1) 300,000 ordinary shares at a price of $1.5 per
share, for a total sale price of $450,000 and 2) 300,000 ordinary shares at a price of $1.5 per share, for a total sale price of 450,000.
The number of ordinary shares deemed beneficially owned by Destiny Links decreased from 760,000 to 160,000. The number of shares deemed
to be beneficially owned Koulin Han also decreased from 760,000 to 160,000 accordingly.
ITEM
6. OWNERSHIP OF MORE THAN FIVE 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.
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.
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.
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CUSIP No. G28365107
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Page
6 of 7
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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.
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July 1, 2021
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(Date)
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Destiny Links Management
Limited
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/s/
Koulin Han
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Name:
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Koulin Han
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Title:
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Sole Director
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/s/
Koulin Han
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Name:
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Koulin Han
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The
original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement
is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person,
evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that
a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any
title of each person who signs the statement shall be typed or printed beneath his signature.
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CUSIP No. G28365107
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Page
7 of 7
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EXHIBIT
INDEX