Company: DSWL
Filing Date: 2025-07-29
Form Type: 20-F
Source: 0001174947-25-001096
Chunk: 92

Company: DESWELL INDUSTRIES INC
Filing Date: 2025-07-29
Form: 20-F
Item: Item 7
Chunk 92
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ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

Major Shareholders

The Company is not directly owned or controlled by another corporation or by any foreign government. The following table sets forth, as of June 30, 2025, the beneficial ownership of the Company’s common shares by each person known by the Company to beneficially own 5% or more of the common shares of the Company and by each of the Directors and Senior Management of the Company who beneficially own in excess of one percent of the Company’s common shares.

                                                     Shares beneficially owned (1)                        
  Name of beneficial owner or identity of group      Amount                                      Percent  
  Wai Ming Lau                                       9,841,851                          (2)      61.8     
  Chin Pang Li                                       1,425,750                          (3)      8.9      
  Herman Wong Chi Wah                                30,000                             (4)      *        
  Edward So Kin Chung                                50,000                             (5)      *        
  Hung-Hum Leung                                     —                                           —        
  Allen Yau-Nam Cham                                 —                                           —        
  Wing-Ki Hui                                        —                                           —        

____________

*Less than 1%.

(1)Based on 15,935,239shares outstanding on June 30, 2025. However, in accordance with Rule 13d-3(d)(1) under the Securities Exchange Act of 1934, shares not outstanding but which are the subject of currently exercisable options have been considered outstanding for the purpose of computing the percentage of outstanding shares owned by the listed person holding such options, but are not considered outstanding for the purpose of computing the percentage of shares owned by any of the other listed persons.

(2)Consists of 9,841,851shares held of record by Ms. Lau.

(3)Consists of 1,425,750shares held of record by Mr. Li.

(4)Consists of 30,000shares held of record by Mr. Wong.

(5)Consists of 50,000shares held of record by Mr. So.

Table of Contents

Change in the Percentage Ownership Held by Major Shareholders

The following table reflects the percentage of beneficial ownership of Deswell’s common shares by its major (five percent or more) shareholders during the past three years:

                           Percentage Ownership at June 30, (1)                                                 
                                                           2023               2024               202