Texxon Holding Ltd received a Schedule 13G filing showing that EXCP HJ Holding Limited and Jian Huang, the company’s Chief Technology Officer, beneficially own 2,686,197 ordinary shares. These shares represent 12.11% of Texxon’s ordinary shares outstanding, based on 22,185,000 shares as of November 18, 2025.
EXCP HJ Holding Limited is the record holder of the shares, while Jian Huang, as director of EXCP HJ Holding Limited, has sole voting and dispositive power over them. The filing confirms that neither party is part of a broader group and that ownership remains above the 5% disclosure threshold.
Texxon Holding Limited received a Schedule 13G reporting significant insider and affiliated ownership of its ordinary shares. Hui Xu may be deemed to beneficially own 15,990,759 ordinary shares, representing 72.08% of the 22,185,000 shares outstanding as of November 18, 2025, primarily through EXCP QQG, EXCP WW, EXCP XCH and EXCP XH Holding Limited and a voting agreement.
Qiangang Qiu may be deemed to beneficially own 5,963,545 shares (26.89%), Wei Wang 6,656,667 shares (30.01%), and Chenhan Xu 3,370,547 shares (15.19%). These parties, through a March 26, 2024 voting agreement, have agreed that if shareholder approval is sought, they will vote their shares in line with Hui Xu’s decision, and acknowledge acting as a group under Section 13(d), while expressly disclaiming beneficial ownership arising solely from that agreement.