FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Wei Zhixiong 		2. Issuer Name and Ticker or Trading Symbol

XcelMobility Inc. [ XCLL ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

2225 EAST BAYSHORE ROAD, SUITE 200 		3. Date of Earliest Transaction (MM/DD/YYYY)

10/14/2016
(Street)

PALO ALTO, CA 94303
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   10/14/2016     C    500000000   A $0.001   500000000   I   By Biz Wit Holdings Ltd.   (1)
Common Stock                  20000000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
5% Convertible Promissory Note due 2016   $0.001   5/6/2016     P      $500000.00         (2) 12/31/2016   Common Stock   500000000   $0.00   $500000.00   I   By Biz Wit Holdings Ltd.   (1)
5% Convertible Promissory Note due 2016   $0.001   10/14/2016     C         $500000.00      (2) 12/31/2016   Common Stock   500000000   $0.00   $0.00   I   By Biz Wit Holdings Ltd.   (1)

Explanation of Responses:
( 1)  The securities are held by Biz Wit Holdings Ltd., of which the reporting person is the president, beneficial owner, and controlling person thereof.
( 2)  The 5% convertible promissory note is exercisable immediately.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Wei Zhixiong
2225 EAST BAYSHORE ROAD, SUITE 200
PALO ALTO, CA 94303 		X X President and CEO

Signatures
Zhixiong Wei 10/14/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
XcelMobility (CE) (USOTC:XCLL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more XcelMobility (CE) Charts.
XcelMobility (CE) (USOTC:XCLL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more XcelMobility (CE) Charts.