Dogness (International) Corp director Shi Changqing has filed an initial statement of beneficial ownership on Form 3. This filing establishes their status as a director and provides the baseline disclosure of beneficial ownership, but it does not report any buy, sell, or other share transactions.
Dogness (International) Corporation reported results of its Annual Meeting of Shareholders for the year ended June 30, 2025. Shareholders representing 91,310,334 votes, or 94.98% of the voting power, were present, establishing a strong quorum across Class A and Class B shares.
All five director nominees — Silong Chen, Aihua Cao, Qingshen Liu, Zhiqiang Shao, and Changqing Shi — were elected with over 91.25 million votes each in favor and minimal abstentions. Shareholders also ratified Audit Alliance LLP as independent auditor for fiscal 2025 and Assentsure PAC for fiscal 2026, with more than 91.25 million votes cast in favor of each appointment.
Investors approved a variation to Class B Ordinary Shares, increasing the number of Class A Ordinary Shares each Class B share can convert into from one‑twentieth (1/20) to one (1). They also approved the authority to adjourn the meeting if needed and authorized the transaction of any other business properly brought before the meeting.
Dogness (International) Corporation has called its annual shareholder meeting for March 27, 2026 in Dongguan, China, with hybrid in-person and virtual access. Shareholders of record as of February 12, 2026 will vote on electing five directors, ratifying two audit firms for fiscal years 2025 and 2026, and approving a key change to its share structure.
The proposed Class B Variation would increase the number of Class A Ordinary Shares each Class B Ordinary Share converts into from one-twentieth to one. The sole Class B holder, Fine Victory Holding Company Limited, wholly owned by CEO Silong Chen, would receive substantially more Class A shares upon conversion if approved.
As of February 12, 2026, Dogness had 5,441,658 Class A shares and 9,069,000 Class B shares outstanding. Beneficial ownership data show Silong Chen controlling 9,144,000 shares, equal to 63.02% of total shares and 94.42% of voting power through his Class B holdings and additional Class A shares.
Dogness (International) Corporation reports that its audit committee and board approved the appointment of Assentsure PAC as its independent registered public accounting firm, replacing Audit Alliance LLP effective January 14, 2026. Audit Alliance had audited the company’s financial statements for the fiscal years ended June 30, 2022, 2023, 2024 and 2025.
The company states there were no disagreements with Audit Alliance on accounting principles, financial statement disclosure, or audit scope or procedure during these periods, and no reportable events as defined under Form 20-F. Audit Alliance’s reports for those years did not contain adverse opinions, disclaimers, or qualifications. Dogness also notes it did not consult Assentsure PAC on accounting or auditing matters before the engagement. Audit Alliance provided a letter agreeing with, or having no basis to disagree with, Dogness’s description of these matters.
Dogness (International) Corporation filed its annual report on Form 20-F for the year ended June 30, 2025. Revenue was $20,707,707, up from $14,847,902 a year earlier. The company reported a net loss of $5,101,237 (loss per share $0.38), with gross profit of $5,025,494 and operating expenses of $11,820,142. Total assets were $116,846,586, total liabilities $19,093,761, and total equity $97,752,825.
As of June 30, 2025, shares outstanding were 5,191,658 Class A and 9,069,000 Class B. The company highlights risks tied to operating primarily through subsidiaries in mainland China and Hong Kong, including PRC oversight of overseas listings, currency conversion limits, and data/cybersecurity compliance. The report notes HFCAA developments; the company’s auditor, Audit Alliance LLP, was not on the PCAOB’s determination list as of the report date. During fiscal 2025, Dogness transferred $6.0 million to a Hong Kong subsidiary for working capital (after $5.3 million in fiscal 2024).