Lianhe Sowell (LHSW) CEO-linked entity reports 97.69% control via Class B shares
Rhea-AI Filing Summary
Lianhe Sowell International Group Ltd reports that CEO and chairman Yue Zhu, through British Virgin Islands entity Lianyue Holding Limited, beneficially owns 3,489,688 shares, equal to 97.69% of the company’s equity. This total consists of 939,688 Class A Ordinary Shares and 2,550,000 Class B Ordinary Shares.
On June 30, 2026, Lianyue Holding entered into a share subscription agreement to purchase 2,400,000 Class B Ordinary Shares at US$0.165 per share, with the deal approved by the board’s audit committee and issued under Regulation S. As of June 30, 2026, the company had 3,250,033 Class A shares and 187,500 Class B shares outstanding, following a 1-for-16 share consolidation effective June 22, 2026.
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Insights
CEO-linked entity now holds about 97.7% of Lianhe Sowell’s equity via high-vote Class B shares.
The filing shows Yue Zhu, through Lianyue Holding Limited, beneficially owning 3,489,688 shares, or 97.69% of Lianhe Sowell. This includes 2,550,000 Class B Ordinary Shares, each carrying 100 votes, and 939,688 Class A Ordinary Shares, each carrying one vote.
On June 30, 2026, Lianyue Holding subscribed for 2,400,000 Class B shares at US$0.165 per share under a share subscription agreement approved by the board’s audit committee and issued under Regulation S. The company discloses no current plans for major transactions beyond this ownership change, although the reporting persons may consider future actions.