Tungray Technologies (TRSG) CEO details indirect A and B share stakes

Rhea-AI Filing Summary

Tungray Technologies Inc director and Chief Executive Officer Yao Wanjun filed an initial statement of beneficial ownership. The filing reports only existing holdings, with no new purchases or sales.

Mr. Yao’s beneficial ownership of Class A Ordinary Shares is held indirectly through several British Virgin Islands holding companies: 690,000 shares via Pegasus Technologies Holding Ltd., 720,000 shares via Pegasus Automation Global Ltd., and 2,250,000 shares via Enolios Ltd. He also indirectly holds 4,560,000 Class B Ordinary Shares through Pegasus Automation Ltd.

In addition, 432,000 Class A Ordinary Shares are held by Aurora International Development Ltd., which is controlled by Mr. Yao’s spouse, who is deemed to share disposal power with him. Class B Ordinary Shares are convertible into Class A Ordinary Shares on a one-for-one basis and carry higher voting power, with each Class B share entitled to 20 votes versus 1 vote per Class A share.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Yao Wanjun

(Last) (First) (Middle)

C/O/ TUNGRAY TECHNOLOGIES INC

#02-01, 31 MANDAI ESTATE

(Street)

SINGAPORE SINGAPORE 729933

(City) (State) (Zip)

SINGAPORE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Tungray Technologies Inc [ trsg ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares(1)	690,000	I	By Pegasus Technologies Holding Ltd.(2)
Class A Ordinary Shares(1)	720,000	I	By Pegasus Automation Global Ltd.(2)
Class A Ordinary Shares(1)	2,250,000	I	By Enolios Ltd.(2)
Class B Ordinary Shares(1)	4,560,000	I	By Pegasus Automation Ltd.(2)
Class A Ordinary Shares(1)	432,000	I	By Spouse through Aurora International Development Ltd.(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Class B Ordinary Shares are convertible into Class A Ordinary Shares at holders' option at any time on a one for one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance. Each Class A Ordinary Share entitles to 1 vote and each Class B Ordinary Share entitles to 20 votes.

2. Mr. Yao's beneficial ownership includes (i) 690,000 Class A Ordinary Shares held by Pegasus Technologies Holding Ltd.; (ii) 720,000 Class A Ordinary Shares held by Pegasus Automation Global Ltd.; (iii) 2,250,000 Class A Ordinary Shares held by Enolios Ltd. ("Enolios"); and (iv) 4,560,000 Class B Ordinary Shares held by Pegasus Automation Ltd. All four holding companies are limited liability companies incorporated under the British Virgin Islands laws and controlled by Mr. Wanjun Yao. The person having voting, dispositive or investment powers four entities is Mr. Yao.

3. Aurora International Development Ltd ("Aurora") held 432,000 Class A Ordinary Shares. The holding company is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over Aurora is Ms. Liling Du, the wife of Mr. Wanjun Yao. Ms. Du is deemed to share with her spouse, Mr. Yao, the power to dispose 432,000 Class A ordinary shares held by Aurora.

	/s/ Wanjun Yao	03/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Tungray Technologies (TRSG) Form 3 for Yao Wanjun show?

It shows Mr. Yao’s existing beneficial ownership in Tungray Technologies, all held indirectly through various British Virgin Islands entities. The filing lists Class A and Class B Ordinary Share positions but reports no new purchases, sales, or option exercises.

How many Tungray Technologies (TRSG) Class A shares are indirectly held by entities Mr. Yao controls?

Entities controlled by Mr. Yao hold 690,000 Class A shares via Pegasus Technologies Holding, 720,000 via Pegasus Automation Global, and 2,250,000 via Enolios. These holdings are indirect but counted toward his beneficial ownership in the company.

What Class B Ordinary Share position is reported for Tungray Technologies (TRSG)?

The filing reports 4,560,000 Class B Ordinary Shares held indirectly through Pegasus Automation Ltd. These shares are beneficially owned by Mr. Yao because he controls the entity that has voting, dispositive, or investment power over the Class B share position.

How are Tungray Technologies (TRSG) Class B shares treated relative to Class A shares?

Class B Ordinary Shares are convertible into Class A Ordinary Shares at the holder’s option on a one-for-one basis. Class A shares are not convertible into Class B, and each Class B share carries 20 votes compared with 1 vote per Class A share.

What Tungray Technologies (TRSG) shares are attributed to Mr. Yao’s spouse?

Aurora International Development Ltd., controlled by Mr. Yao’s wife, holds 432,000 Class A Ordinary Shares. She is deemed to share with Mr. Yao the power to dispose of these shares, so they are included in the couple’s overall beneficial ownership picture.

Does the Tungray Technologies (TRSG) Form 3 indicate any recent insider buying or selling?

No. The Form 3 records existing holdings and lists them as indirect positions through several entities. All transactions are coded as holdings with unknown transaction codes, and there are no reported buy or sell transactions in this disclosure.