Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 129

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 129
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 August 28, 2023, the entire equity interest
of Wching HK was transferred by Mr. Shek Kin Pong to Victory Hero, which is a wholly owned subsidiary of the Company, in exchange
for an allotment and issuance of 889 Ordinary Shares of the Company to Victory Hero.

On August 30, 2023, the Company, Power Smart
International Limited, Ocean Serene Holdings Limited, Paramount Fortune Capital Limited, and Prestige Leader Success Limited entered into
a subscription agreement, pursuant to which the Company allotted and issued:

| (i) | 45 Shares in the aggregate to Ocean Serene Holdings                                                                        
 Limited, representing 4.5% of the total issued share capital of the Company for a consideration of HK$777,273 (US$99,724); |

| (ii) | 35 Shares in the aggregate to Paramount Fortune Capital                                                                        
 Limited, representing 3.5% of the total issued share capital of the Company for a consideration of HK$604,545 (US$77,563); and |

| (iii) | 30 Shares in the aggregate to Prestige Leader Success                                                                      
 Limited, representing 3.0% of the total issued share capital of the Company for a consideration of HK$518,182 (US$66,483). |

<div align='center'>II-1</div>

The aggregate consideration for the abovementioned
subscription shall be HK$1,900,000 (US$243,770) payable by Ocean Serene Holdings Limited, Paramount Fortune Capital Limited, and Prestige
Leader Success Limited in proportion of their respective shareholding in the Company on or before September 30, 2023.

The aforesaid allotment and issuance of the respective
Shares has been completed on August 30, 2023.

On January 26, 2024, the Company undertook
a 4,000-for-1 forward split of our ordinary shares approved by our existing shareholders and board of directors. As a result, our
authorized share capital is US$50,000 divided into 200,000,000 Ordinary Shares, par value US$0.00025, and the ordinary shares issued
and outstanding prior to the completion of this offering have been increased from 1,000 to 4,000,000. Wellchange Cayman was 89% (representing
3,560,000 Ordinary Shares issued and outstanding) owned by Power Smart, 4.5% (represent