StockWatch
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Miscellaneous
ShareholdingJun 1, 2026, 04:30 PM

Decent Holding Chairman Sun Buys 400,000 Shares for $800,000

AI Summary

Decent Holding Inc. announced that its Chairman, Dingxin Sun, entered into a share subscription agreement to purchase 400,000 Class B ordinary shares at $2.00 per share, totaling $800,000. The transaction closed on June 1, 2026. Following this acquisition, Mr. Sun's beneficial ownership, directly or indirectly, represents approximately 90.5% of the company's total voting power.

Key Highlights

  • Chairman Dingxin Sun purchased 400,000 Class B ordinary shares.
  • Shares were acquired at a purchase price of $2.00 per share.
  • Total transaction value was $800,000.
  • The transaction closed on June 1, 2026.
  • Mr. Sun now beneficially owns 321,040 Class A and 600,000 Class B ordinary shares.
  • Mr. Sun's total voting power in the company is approximately 90.5%.