On June 22, 2026, Autozi Internet Technology (Global) Ltd. entered into a Debt Conversion Agreement with its CEO and Chairman, Houqi Zhang. The company will issue 10,000,000 Class B ordinary shares to Zhang to fully settle an interest-free loan of $7,000,000. These shares are subject to a three-year lock-up period starting from the issuance date, prohibiting Zhang from selling or transferring the shares without prior company consent. Autozi Internet Technology (Global) Ltd. is an internet technology company.
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