Every 10-K that Marwynn Holdings, Inc. (MWYN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MWYN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MWYN filings page.
Marwynn Holdings, Inc. (MWYN) filed an amendment to its annual report to correct typographical errors in the executive compensation disclosure, without changing any other information. The amendment restates the full executive compensation section and provides updated CEO and officer pay details, director compensation, and equity incentive plan usage.
For the fiscal years ended April 30, 2026 and 2025, CEO Yin Yan received salary of $120,000 each year and no bonuses or equity awards. Former CFO and secretary Zhifen Zhou earned salary of $101,000 in 2025 and no compensation in 2026. Current CFO and secretary Shengnan Xu received no compensation in 2026 but has an annual salary of $36,000 starting May 1, 2026, while COO Tuan Tran earned $63,269 in 2026.
The 2024 Amended and Restated Equity Incentive Plan authorizes up to 93,000 shares for awards, all of which have been granted as stock options to non-employee directors; 62,000 shares were vested as of July 30, 2026. Non-employee directors receive $10,000 per year plus initial options to purchase 31,000 shares each, and were paid an aggregate of $37,500 in director fees for 2026. As of July 29, 2026, there were 20,194,804 shares of common stock outstanding, and the non-affiliate market value was $7,558,490 as of October 31, 2025.
Marwynn Holdings, Inc. is a Nevada holding company formed in 2024 that now focuses on three areas: food and beverage supply-chain services through FuAn, e‑waste recycling via EcoLoopX, and AI and infrastructure services through NexaCore. It sold its Grand Forest home‑improvement subsidiary in December 2025, exiting that sector.
The company is realigning toward energy and technology, but EcoLoopX and NexaCore remain in early development and management acknowledges limited experience in these industries. Operations are small, with 2 full‑time employees, and the company is an emerging growth, smaller reporting, and controlled company; CEO Yin Yan holds about 90.85% of voting power.
Results are highly concentrated: in the year ended April 30, 2026, Golden Honest Trading Limited bought $3.0 million of recycled copper, about 71% of revenue, while FuAn’s revenue declined 9% from 2025. The company expects significant upfront losses and says it will need additional capital, potentially diluting shareholders.
Marwynn Holdings, Inc. is a Nevada holding company formed on February 27, 2024, operating two segments: FuAn (food and non-alcoholic beverage supply chain and brand management) and Grand Forest (indoor home improvement). FuAn sources and distributes Asian food and beverages to U.S. wholesalers and major retail partners; Grand Forest offers cabinets, countertops, sinks and flooring through a Union City showroom and online channels.
The company began trading on The Nasdaq Capital Market on March 13, 2025 and, as of August 7, 2025, had 17,054,004 shares issued and outstanding. As of April 30, 2025 the company had 27 full-time employees. For the year ended April 30, 2025 no single customer accounted for more than 10% of sales (in 2024 one customer accounted for approximately 19%). Management expects IPO proceeds plus cash will fund planned operations for at least the next 12 months. The company discloses supply-chain risks including paused imports from China, potential tariff exposure, account receivable concentrations, and that Ms. Yin Yan controls approximately 93.89% of voting power.