Company: WCT
Filing Date: 2025-12-05
Form Type: 424B3
Source: 0001213900-25-118563
Chunk: 79

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-12-05
Form: 424B3
Chunk 79
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     |      | 7.8064 |

|                         |     | For the year ended 
 December 31,       |   2024 |     |     |   2023 |
|:------------------------|:----|:-------------------|-------:|:----|:----|-------:|
| USD to HK$ Average Rate |     |                    | 7.8029 |     |     | 7.8287 |
| USD to HK$ Year End     |     |                    | 7.7700 |     |     | 7.8125 |

<div align='center'>35

CORPORATE HISTORY AND STRUCTURE</div>

The following diagram illustrates our corporate
legal structure and identifies our subsidiaries as of the date of this prospectus.

Wellchange Cayman was incorporated under the laws
of the Cayman Islands as a limited company on July 13, 2023 as a holding company, for purposes of effectuating this Offering. On
the date of its incorporation, one (1) Ordinary Share was issued to Mapcal Limited. On the same day, Mapcal Limited transferred
one (1) Ordinary Share to Mr. Shek Kin Pong for a consideration of $1.00.

Prior to the Reorganization as described below,
our Company historically conducted our business through Wching HK, a company incorporated under the laws of Hong Kong.

Wching HK was incorporated under the law of Hong Kong
on April 20, 2012. Since its inception, Wching HK has been specializing in offering custom software solutions, cloud-based software-as-a-service (“SaaS”)
platforms, and white-label software design and development services.

Pursuant to the Reorganization in August 2023
as described below, Wellchange Cayman became the holding company of Wching HK, through the intermediate holding company, Victory Hero.
Upon the completion of the Reorganization on August 30, 2023, Wellchange Cayman became the holding company of its subsidiaries.

As of the date of this prospectus, details of
Wellchange Cayman’s subsidiaries are as follows:

| Name                                          |     | Background                          |     | Ownership       |     | Principal activities                                                                                                                                        |
| Victory Hero Capital Limited (“Victory Hero”) |     | — A BVI company                     
 — Incorporated on August 14, 2023   
 — Issued share capital of US$1      |     | Wholly-owned by 
 the Company     |     | Investment holding