| HF-HOLDINGS |
HF-HOLDINGS |
92%
|
For the years ended December 31, 2025, 2024 and 2023, our largest client, HF Holdings, accounted for 31.0%, 24.6% and nil of our total revenue, respectively. |
| MR-QIAN-FENGLEI |
MR-QIAN-FENGLEI |
92%
|
our second largest client, Mr. QIAN Fenglei, accounted for 0%, 13.0% and 100% of our total revenue, respectively. |
| BRY-HOLDINGS-LIMITED |
BRY-HOLDINGS-LIMITED |
62%
|
mited (“Shine Prosperity”) (formerly known as BRY Holdings Limited) ● A British Virgin Islands company ● Incorporated on November 13, 2020 100 % Hang Feng International Asset Management Limited (“HF … |
| BRY-INVESTMENTS-LIMITED |
BRY-INVESTMENTS-LIMITED |
62%
|
mited (“Shine Prosperity”) (formerly known as BRY Holdings Limited) ● A British Virgin Islands company ● Incorporated on November 13, 2020 100 % Hang Feng International Asset Management Limited (“HF … |
| CHAIRMAN-HF-HOLDINGS |
CHAIRMAN-HF-HOLDINGS |
62%
|
ears was HF Holdings, our major shareholder and an entity controlled by our Chairman. HF Holdings accounted for 31%, 38% and 100% of our total revenue for the years ended December 31, 2025, 2024 and … |
| COMPANY-HF-HOLDINGS |
COMPANY-HF-HOLDINGS |
62%
|
company with no material operations. Since 2023, we have been identifying market opportunities and offering consulting services through Starchain to a growing network of clients. Starting in 2024, we… |
| GRET-PROSPERITY-INVESTMENT-MANAGEMENT-LIMITED |
GRET-PROSPERITY-INVESTMENT-MANAGEMENT-LIMITED |
62%
|
mited (“Shine Prosperity”) (formerly known as BRY Holdings Limited) ● A British Virgin Islands company ● Incorporated on November 13, 2020 100 % Hang Feng International Asset Management Limited (“HF … |
| HANG-FENG-CAPITAL-MANAGEMENT-LIMITED |
HANG-FENG-CAPITAL-MANAGEMENT-LIMITED |
62%
|
in accounts payable ( 20,543 ) 50,344 Decrease in due to related party ( 117,023 ) — (Decrease) in other payables and accrued liabilities ( 23,529 ) ( 27,417 ) (Decrease) increase in deferred revenue… |
| HANG-FENG-INTERNATIONAL-ASSET-MANAGEMENT-LIMITED |
HANG-FENG-INTERNATIONAL-ASSET-MANAGEMENT-LIMITED |
62%
|
mited (“Shine Prosperity”) (formerly known as BRY Holdings Limited) ● A British Virgin Islands company ● Incorporated on November 13, 2020 100 % Hang Feng International Asset Management Limited (“HF … |
| HANG-FENG-INTERNATIONAL-HOLDINGS-CO-LIMITED |
HANG-FENG-INTERNATIONAL-HOLDINGS-CO-LIMITED |
62%
|
Loans* Director of Starchain $ — $ 704,728 Hang Feng International Holdings Co., Limited Payable for transfer of equity** Major Shareholder of Hang Feng — 65,700 Hang Feng International Holdings Co.,… |
| HANG-FENG-INTERNATIONAL-HOLDINGS-CO-LIMITED-MANA |
HANG-FENG-INTERNATIONAL-HOLDINGS-CO-LIMITED-MANA |
62%
|
Loans* Director of Starchain $ — $ 704,728 Hang Feng International Holdings Co., Limited Payable for transfer of equity** Major Shareholder of Hang Feng — 65,700 Hang Feng International Holdings Co.,… |
| HONG-KONG-LIMITED |
HONG-KONG-LIMITED |
62%
|
ediaries providing financial accommodation or entering into margined transactions with or on behalf of their clients, it is also required under the SFCNR that a statement of account including a summa… |
| INFINITE-WINNER-LIMITED |
INFINITE-WINNER-LIMITED |
62%
|
mited (“Shine Prosperity”) (formerly known as BRY Holdings Limited) ● A British Virgin Islands company ● Incorporated on November 13, 2020 100 % Hang Feng International Asset Management Limited (“HF … |
| NAME-BACKGROUND-OWNERSHIP-STARCHAIN-INVESTMENT-T |
NAME-BACKGROUND-OWNERSHIP-STARCHAIN-INVESTMENT-T |
62%
|
a regulated activity if provided in Hong Kong. There are 13 types of regulated activities as defined in schedule 5 “Regulated Activities” to the SFO, of which the Type 4 and Type 9 are advising on se… |
| NMSC-LIMITED |
NMSC-LIMITED |
62%
|
s exposes us to operational and financial risks if these relationships diminish. Furthermore, our inability to replace these revenues with those from unrelated third parties could adversely impact ou… |
| OVERVIEW-INCORPORATED |
OVERVIEW-INCORPORATED |
62%
|
Item 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS You should read the following discussion and analysis of the Company’s financial condition and results of operations in conjunction with the Compa… |
| SHINE-PROSPERITY-HANG-FENG-CAPITAL-MANAGEMENT-LI |
SHINE-PROSPERITY-HANG-FENG-CAPITAL-MANAGEMENT-LI |
62%
|
mited (“Shine Prosperity”) (formerly known as BRY Holdings Limited) ● A British Virgin Islands company ● Incorporated on November 13, 2020 100 % Hang Feng International Asset Management Limited (“HF … |
| SHINE-PROSPERITY-HOLDING-LIMITED |
SHINE-PROSPERITY-HOLDING-LIMITED |
62%
|
a regulated activity if provided in Hong Kong. There are 13 types of regulated activities as defined in schedule 5 “Regulated Activities” to the SFO, of which the Type 4 and Type 9 are advising on se… |
| STARCHAIN-INVESTMENT-TRADING-LIMITED |
STARCHAIN-INVESTMENT-TRADING-LIMITED |
62%
|
in accounts payable ( 20,543 ) 50,344 Decrease in due to related party ( 117,023 ) — (Decrease) in other payables and accrued liabilities ( 23,529 ) ( 27,417 ) (Decrease) increase in deferred revenue… |
| USD-PRIME-SOURCE-TECHNOLOGY-LIMITED |
USD-PRIME-SOURCE-TECHNOLOGY-LIMITED |
62%
|
ASU 2024-03 and clarify that all public business entities are required to adopt the guidance in annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting… |
| WORKING-GROUP |
WORKING-GROUP |
62%
|
ply not only to third-party transactions, but also to transfers of information within our organization, which relates to our investors, employees, contractors and other counterparties. These laws and… |
