Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 47

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 47
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 laws of Japan. Top Edge was established on February 18, 2022, as a company incorporated in the BVI. Before the completion of the Offering, we completed a reorganization of our corporate structure in the following steps: •on February27, 2025, the Company was incorporated under the laws of the BVI as an exempted company with limited liability; •on March10, 2025, the Company acquired 100% of the equity interests in the Operating Entity from its original shareholders; and •on March27, 2025, the Company acquired 100% of the equity interests in Top Edge from its original shareholders. Consequently, the Company, through a restructuring which is accounted for as a reorganization of entities under common control, became the ultimate holding company of all other entities mentioned above. Our Corporate Structure The following diagram illustrates our corporate structure as of the date of this prospectus and upon the completion of the Offering, based on a proposed offering of [] Class A Ordinary Shares, assuming the underwriter does not exercise its over -allotmentoption. ____________ (1)Represents [5,740] Class A Ordinary Shares and [1,500] Class B Ordinary Shares indirectly held by Guanglang Jiang, our Director, Chairman of the Board of Directors, and Chief Executive Officer, and Shihai Bi, our Director and Chief Financial Officer, the 49% beneficial owner and the 51% beneficial owner, respectively, of WISDOM FOCUS GROUP LTD., as of the date of this prospectus. (2)Represents [900] Class A Ordinary Shares indirectly held by Xiaoyu Zhao, the 100% beneficial owner of Kumo Capital Limited, as of the date of this prospectus. (3)Represents [480] Class A Ordinary Shares indirectly held by Kunliang Xu, the 100% beneficial owner of HONOUR GLOBAL GROUP LIMITED, as of the date of this prospectus. (4)Represents [480] Class A Ordinary Shares indirectly held by Gaofei Ma, the 100% beneficial owner of Takumi Green Group Ltd., as of the date of this prospectus. (5)Represents [450] Class A Ordinary Shares indirectly held by Lixuan Ke, the 100% beneficial owner of LINK POWER VENTURES LIMITED, as of the date of this prospectus. (6)Represents [450] Class A Ordinary Shares indirectly held by Nini Deng, the 100% beneficial owner of Midori