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OMB
APPROVAL
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OMB
NUMBER: 3235-0145
Expires:
February 28, 2009
Estimated
average burden hours per response .......................10.4
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HLS
SYSTEMS INTERNATIONAL,
LTD.
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(Name
of Issuer)
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ORDINARY
SHARES
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(Title
of Class of Securities)
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G4604M
10 6
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(CUSIP
Number)
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March
19, 2008
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(Date
of Event Which Requires Filing of
this Statement)
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| [ ] |
Rule
13d-1(b)
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| [X] |
Rule
13d-1(c)
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| [ ] |
Rule
13d-1(d)
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*
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The
remainder of this cover page shall be filled out for a reporting
person’s
initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information
which
would alter the disclosures provided in a prior cover
page.
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1
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NAME
OF REPORTING PERSONS
Shengheng
Xu
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)o
(b)x
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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
People’s
Republic of 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
N/A
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6
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SHARED
VOTING POWER
4,898,652*
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7
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SOLE
DISPOSITIVE POWER
N/A
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8
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SHARED
DISPOSITIVE POWER
4,898,652*
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9
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,898,652*
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10
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
o
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11
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.68%**
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12
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TYPE
OF REPORTING PERSON*
IN
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1
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NAME
OF REPORTING PERSONS
Acclaimed
Insight Investments Limited
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2
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CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)o
(b)x
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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
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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
N/A
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6
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SHARED
VOTING POWER
4,898,652*
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7
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SOLE
DISPOSITIVE POWER
N/A
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8
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SHARED
DISPOSITIVE POWER
4,898,652*
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9
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,898,652*
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10
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CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
o
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11
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.68%**
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12
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TYPE
OF REPORTING PERSON*
CO
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CUSIP
No. G4604M 10 6
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Item
1(a).
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Name
of Issuer:
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Item
1(b).
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Address
of Issuer’s Principal Executive Offices:
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Item
2(a).
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Name
of Person Filing:
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Item
2(b).
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Address
of Principal Business Office, or if none,
Residence:
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Item
2(c).
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Citizenship:
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Acclaimed
Insight Investments Limited - British Virgin
Islands
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Item
2(d).
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Title
of Class of Securities:
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Item
2(e).
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CUSIP
Number:
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Item
3.
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Not
applicable
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CUSIP
No. G4604M 10 6
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Item
4.
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Ownership.
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| (a) |
Amount
beneficially owned: 4,898,652 shares.
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| (b) |
Percent
of class: 11.68%.
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| (c) |
Number
of shares as to which such person
has:
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| (i) |
Sole
power to vote or direct the vote: 4,898,652
shares
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| (ii) |
Shared
power to vote or direct the vote: 0
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| (iii) |
Sole
power to dispose or direct the disposition of: 4,898,652 shares
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| (iv) |
Shared
power to dispose or direct the disposition of:
0
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| Item 5. |
Ownership
of Five Percent or Less of a Class.
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Item
6.
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Ownership
of More than Five Percent on Behalf of Another
Person.
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Item
7.
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Identification
and Classification of the Subsidiary Which Acquired the Security
Being
Reported on By the Parent Company .
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Item
8.
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Identification
and Classification of the Members of the Group.
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Item
9.
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Notice
of Dissolution of Group .
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CUSIP
No. G4604M 10 6
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| Item 10. |
Certification.
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CUSIP
No. G4604M 10 6
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| /s/ Shengheng Xu | |
| Shengheng Xu | |
| ACCLAIMED INSIGHT INVESTMENT LIMITED | |
| By: /s/ Shengheng Xu | |
| Shengheng Xu |