Company: FUFU
Filing Date: 2025-04-21
Form Type: 20-F
Source: 0001213900-25-033733
Chunk: 160

Company: Bitfufu Inc.
Filing Date: 2025-04-21
Form: 20-F
Item: Item 7
Chunk 160
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ITEM
7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

  Major Shareholders  

The following table sets forth
information relating to the beneficial ownership of our ordinary shares as of March 31, 2025 by:

  each person, or group of affiliated persons, known by us to beneficially own more than 5% of outstanding ordinary shares;  

  each of our directors;  

  each of our named executive officers; and  

  all of our directors and executive officers as a group.  

Beneficial ownership is determined
in accordance with the rules of the SEC and includes voting or investment power with respect to, or the power to receive the economic
benefit of ownership of, the securities. In computing the number of shares beneficially owned by a person and the percentage ownership
of that person, shares that the person has the right to acquire within 60 days are included, including through the exercise of any option
or other right or the conversion of any other security. However, these shares are not included in the computation of the percentage ownership
of any other person.

The percentage of our ordinary
shares beneficially owned by the parties listed below is calculated based on 163,106,615 ordinary shares issued and outstanding as of
March 31, 2025, consisting of (i) 28,106,615 Class A ordinary share, and (ii) 135,000,000 Class B ordinary shares.

  Beneficial Owners                                                                     
  Principal Shareholders:                                                               
  Chipring Technology Limited (1)                      135,000,000      82.8      96.0  
  Antdelta Investment Limited (2)                      —                7.1       1.6   
  Directors and Executive Officers †                                                    
  Leo Lu (1)                                           135,000,000      82.8      96.0  
  Calla Zhao                                           —                *         *     
  Celine Lu                                            —                *         *     
  Huaiyu Liu                                           —                —         —     
  Yeeli Hua Zheng                                      —                —         —     
  Joshua Kewei Cui                                     —                —         —     
  All directors and executive officers as a group      135,000,000      83.7      96.2  

  Aggregate number of shares accounts for less than one percent  
  (1%) of our total outstanding shares.                          
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