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Decent Holding (DXST) chair buys 400K Class B shares at $2

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Decent Holding Inc. (DXST) discloses updated ownership details for Chairman Dingxin Sun and his wholly owned BVI company, Decent Limited. Mr. Sun beneficially owns 321,040 Class A and 600,000 Class B Ordinary Shares, or 921,040 Ordinary Shares in total, representing 41.58% of the issued Ordinary Shares and about 90.50% of aggregate voting power.

The company has a dual-class structure where Class A carries one vote and Class B carries 20 votes per share; Class B is convertible into Class A on a one-to-one basis, but not vice versa. Mr. Sun initially acquired 13,026,000 ordinary shares for US$1,302.60 as a pre-IPO shareholder, which were later reclassified into Class A and Class B and then subjected to a 1-for-25 reverse share split. On May 21, 2026 he agreed to purchase an additional 400,000 Class B shares at US$2.00 per share, with issuance completed on August 6, 2026. Following shareholder approval, authorized capital was increased to 900,000,000 Class A and 100,000,000 Class B shares. Mr. Sun and Decent Limited state that they acquired the shares with the intent to exercise control and to continue actively participating in management and strategy.

Positive

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Shares beneficially owned by Dingxin Sun 921,040 Ordinary Shares Aggregate holdings of Class A and Class B shares
Ownership percentage 41.58% Portion of total issued and outstanding Ordinary Shares
Aggregate voting power 90.50% Voting power of Ordinary Shares held by Dingxin Sun
Outstanding Class A Ordinary Shares 1,615,128 shares Issued and outstanding as of August 14, 2026
Outstanding Class B Ordinary Shares 600,000 shares Issued and outstanding as of August 14, 2026
Initial share issuance consideration US$1,302.60 Paid by Decent Limited for 13,026,000 ordinary shares on January 6, 2022
Price for 2026 Class B purchase US$2.00 per share Purchase by Dingxin Sun of 400,000 Class B shares under Subscription Letter
Authorized share capital 900,000,000 Class A; 100,000,000 Class B shares Post-increase authorized shares, par value US$0.0025 each
beneficially owned financial
"the aggregate number of Ordinary Shares beneficially owned by Mr. Sun"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dual-class share structure financial
"approved, among other things, the adoption of a dual-class share structure"
A dual-class share structure is when a company issues two (or more) types of stock that give different voting power: one class typicaly gives founders or insiders more votes per share while the other class, sold to public investors, has little or no voting rights. For investors this matters because it concentrates control in a small group—like a family owning a house with most of the keys—so minority shareholders may have less influence over strategy, governance and risk, which can affect long-term value and accountability.
reverse share split financial
"effectuated a reverse share split of its issued and outstanding"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
aggregate voting power financial
"representing approximately 41.58% of the total issued and outstanding Ordinary Shares and approximately 90.50% of the aggregate voting power"

FAQ

How many Decent Holding Inc. (DXST) shares does Dingxin Sun beneficially own?

Dingxin Sun beneficially owns 921,040 Ordinary Shares of Decent Holding Inc., consisting of 321,040 Class A shares held through Decent Limited and 600,000 Class B shares (400,000 held directly and 200,000 through Decent Limited).

What percentage of Decent Holding Inc. (DXST) does Dingxin Sun control?

Dingxin Sun’s holdings represent approximately 41.58% of the issued and outstanding Ordinary Shares of Decent Holding Inc. and about 90.50% of the aggregate voting power of those shares as of August 14, 2026.

How many Class A and Class B shares of DXST are currently outstanding?

The disclosure states there are 1,615,128 Class A Ordinary Shares and 600,000 Class B Ordinary Shares issued and outstanding, for a total of 2,215,128 Ordinary Shares as of August 14, 2026.

What recent share purchase did Dingxin Sun make in Decent Holding Inc. (DXST)?

On May 21, 2026, Dingxin Sun agreed to purchase 400,000 Class B Ordinary Shares of Decent Holding Inc. at a price of US$2.00 per share. The issuance of these shares was completed on August 6, 2026.

How is the dual-class share structure of Decent Holding Inc. (DXST) described?

Class A Ordinary Shares of Decent Holding Inc. carry one vote per share, while Class B Ordinary Shares carry 20 votes per share. Each Class B share is convertible into one Class A share at the holder’s option; Class A shares are not convertible into Class B.

What is the authorized share capital of Decent Holding Inc. (DXST) after recent changes?

After shareholder approval, Decent Holding Inc.’s authorized share capital is US$2,500,000, divided into 900,000,000 Class A Ordinary Shares and 100,000,000 Class B Ordinary Shares, each with a par value of US$0.0025 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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G2748R205

(CUSIP Number)
Dingxin Sun
4/F-5/F N. Zone, Dingxin Bldg, Yantai, Shandong
PRC, F4, 264003
86 0535-5247776

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/06/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Mr. Dingxin Sun ("Mr. Sun") is the sole shareholder and director of, and controls, Decent Limited, a company incorporated under the laws of the British Virgin Islands ("Decent Limited," collectively, with Mr. Sun, the "Reporting Persons"). Accordingly, Mr. Sun has the sole voting and dispositive power over the shares of Decent Holding Inc. (the "Issuer") held by Decent Limited. Rows 7, 9 and 11 above include (i) 321,040 Class A ordinary shares ("Class A Ordinary Shares"), of par value US$0.0025 each, of the Issuer, indirectly held by Mr. Sun through Decent Limited; (ii) 200,000 Class B ordinary shares ("Class B Ordinary Shares", together with the Class A Ordinary Shares, the "Ordinary Shares"), of par value US$0.0025 each, of the Issuer, indirectly held by Mr. Sun through Decent Limited; and (iii) 400,000 Class B Ordinary Shares directly held by Mr. Sun. The 600,000 Class B Ordinary Shares are convertible into Class A Ordinary Shares at any time at the option of the holder on a one-to-one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. Each of the Class A Ordinary Shares has one (1) vote per share, while each of the Class B Ordinary Shares has twenty (20) votes per share. The rights of the holders of Class A Ordinary Shares and Class B Ordinary Shares are identical, except with respect to conversion rights and voting rights as noted above. The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13D/A. (2) The percentage reported in Row 13 above is based on a total of 2,215,128 Ordinary Shares, being the sum of 1,615,128 Class A Ordinary Shares and 600,000 Class B Ordinary Shares issued and outstanding as of August 14, 2026 as disclosed on the shareholder list provided by the Issuer. The Class B Ordinary Shares are treated as converted into Class A Ordinary Shares only for the purpose of calculating the percentage reported in Row 13 pursuant to Rule 13d-3 of the Securities Exchange Act of 1934.


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Mr. Sun is the sole shareholder and director of, and controls, Decent Limited. Accordingly, Mr. Sun has the sole voting and dispositive power over the shares of the Issuer held by Decent Limited. Rows 7, 9 and 11 above include (i) 321,040 Class A Ordinary Shares of the Issuer, indirectly held by Mr. Sun through Decent Limited and (ii) 200,000 Class B Ordinary Shares of the Issuer, indirectly held by Mr. Sun through Decent Limited. The 200,000 Class B Ordinary Shares are convertible into Class A Ordinary Shares at any time at the option of the holder on a one-to-one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances. Each of the Class A Ordinary Shares has one (1) vote per share, while each of the Class B Ordinary Shares has twenty (20) votes per share. The rights of the holders of Class A Ordinary Shares and Class B Ordinary Shares are identical, except with respect to conversion rights and voting rights as noted above. The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13D/A. (2) The percentage reported in Row 13 above is based on a total of 2,215,128 Ordinary Shares, being the sum of 1,615,128 Class A Ordinary Shares and 600,000 Class B Ordinary Shares issued and outstanding as of August 14, 2026 as disclosed on the shareholder list provided by the Issuer. The Class B Ordinary Shares are treated as converted into Class A Ordinary Shares only for the purpose of calculating the percentage reported in Row 13 pursuant to Rule 13d-3 of the Securities Exchange Act of 1934.


SCHEDULE 13D


Dingxin Sun
Signature:/s/ Dingxin Sun
Name/Title:Dingxin Sun
Date:08/21/2026
Decent Limited
Signature:/s/ Dingxin Sun
Name/Title:Dingxin Sun/Director & Sole Shareholder
Date:08/21/2026