Financing ·
Company issues 2.4M shares to CEO Yue Zhu for $396K, giving him 97.69% of voting power
LHSWLianhe Sowell International Group Ltd
On June 30, 2026, the company closed a share subscription agreement with Lianyue Holding Limited, a vehicle owned by CEO and Chairman Yue Zhu. The company issued 2,400,000 Class B ordinary shares at $0.165 per share, generating gross proceeds of $396,000. Following the transaction, Yue Zhu beneficially owns 939,688 Class A and 2,550,000 Class B ordinary shares, totaling approximately 97.69% of the company's aggregate voting power. The company operates in the technology sector, providing specialized industrial or commercial solutions.