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Yin Yan and Fulai Wang report 29.68% stake in Marwynn Holdings (MWYN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Yin Yan and Fulai Wang reported significant ownership of Marwynn Holdings, Inc. common stock. They each report beneficial ownership of 5,993,255 shares of common stock, representing 29.68% of the class, based on 20,194,804 shares outstanding as of December 22, 2025, as cited from a company prospectus.

All 5,993,255 shares are held directly by Yin Yan, with Fulai Wang deemed to share voting and dispositive power as her spouse. The filing notes an additional 135,000 shares of Series A Super Voting Preferred Stock held by Yin Yan, which carry 1,000 votes per share but are not convertible into common stock and may be redeemed at par value at the holder’s option.

Positive

  • None.

Negative

  • None.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: (1) Includes 5,993,255 shares of common stock held directly by Yin Yan. Percentage calculated based on 20,194,804 shares of common stock outstanding as of December 22, 2025, pursuant to the Prospectus filed by the registrant with the SEC on December 23, 2025. Does not include 135,000 shares of Series A Super Voting Preferred Stock ("SVPS") held by Yin Yan. Each share of common stock shall be entitled to one (1) vote, and each share of SVPS shall be entitled to one thousand (1,000) votes. SVPS are not convertible into common stock and may be redeemed by the Issuer at par value at the option of the holder.


SCHEDULE 13G




Comment for Type of Reporting Person: (1) Includes 5,993,255 shares of common stock held by his spouse Yin Yan, over which Fulai Wang may be deemed to have beneficial ownership. Percentage calculated based on 20,194,804 shares of common stock outstanding as of December 22, 2025, pursuant to the Prospectus filed by the registrant with the SEC on December 23, 2025. Does not include 135,000 shares of Series A Super Voting Preferred Stock ("SVPS") held by Yin Yan. Each share of common stock shall be entitled to one (1) vote, and each share of SVPS shall be entitled to one thousand (1,000) votes. SVPS are not convertible into common stock and may be redeemed by the Issuer at par value at the option of the holder.


SCHEDULE 13G



Yin Yan
Signature:/s/ Yin Yan
Name/Title:Yin Yan
Date:02/11/2026
Fulai Wang
Signature:/s/ Fulai Wang
Name/Title:Fulai Wang
Date:02/11/2026
Exhibit Information

Exhibit A Joint Filing Agreement, dated as of May 2, 2025, by and between Yin Yan and Fulai Wang.

FAQ

What percentage of Marwynn Holdings (MWYN) does Yin Yan beneficially own?

Yin Yan beneficially owns 5,993,255 shares of Marwynn Holdings common stock, representing 29.68% of the outstanding common shares. This percentage is calculated using 20,194,804 common shares outstanding as of December 22, 2025, as referenced from a company prospectus.

How is Fulai Wang’s ownership in Marwynn Holdings (MWYN) reported?

Fulai Wang is reported to beneficially own 5,993,255 shares of common stock, or 29.68% of the class, through shares held by his spouse, Yin Yan. He is deemed to share voting and dispositive power over these shares as part of their marital relationship.

How many Marwynn Holdings (MWYN) shares are outstanding for this ownership calculation?

The ownership percentages are based on 20,194,804 shares of Marwynn Holdings common stock outstanding as of December 22, 2025. This figure comes from a prospectus filed with the SEC on December 23, 2025, which the reporting persons cite for their calculations.

What is the voting power of Marwynn Holdings’ Series A Super Voting Preferred Stock?

The filing states that each Series A Super Voting Preferred Stock (SVPS) share carries 1,000 votes, while each common share carries one vote. Yin Yan holds 135,000 SVPS shares, which are not convertible into common stock and can be redeemed at par value at the holder’s option.

Do the reported Marwynn Holdings (MWYN) ownership figures include the super voting preferred shares?

No. The 29.68% ownership figure only reflects 5,993,255 common shares. It does not include 135,000 Series A Super Voting Preferred Stock shares held by Yin Yan, which have distinct voting rights but are not counted as common stock in this calculation.

How are voting and dispositive powers over Marwynn Holdings (MWYN) shares allocated between Yin Yan and Fulai Wang?

Both Yin Yan and Fulai Wang report shared voting and shared dispositive power over 5,993,255 common shares. Yin Yan directly holds the shares, while Fulai Wang may be deemed a beneficial owner because the shares are held by his spouse, giving them joint control for reporting purposes.
Marwynn Holdings Inc.

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