Company: SCAG
Filing Date: 2025-07-03
Form Type: 20-F
Source: 0001213900-25-061408
Chunk: 51

Company: Scage Future
Filing Date: 2025-07-03
Form: 20-F
Item: Item 1
Chunk 51
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 —         —  
  All directors and executive officers as a group:      45,466,182      62.9      62.9  
  Principal Stockholders:                                                               
  Upward Stars Group Limited (2)                        45,441,182      62.9      62.9  
  Sikaiqi Jiuhe Holdings Limited (5)                     6,526,579       9.0       9.0  
  Victorious Lights Holding Limited (6)                  5,004,625       6.9       6.9  
  Three Action Brothers Limited (3)                      3,903,900       5.4       5.4  

  (1)      Except as indicated otherwise below, the business address of our directors and executive officers is 2F,                

  (2)      Represents (i) 29,785,174 Ordinary Shares held by Upward Stars Group Limited, a British Virgin Islands                                        

  (3)      See footnote (2).  

  (4)      See footnote (2).  

  (5)      Sikaiqi Jiuhe Holdings Limited is a British Virgin Islands company wholly owned by Beijing Jiuhe Ruida                                

  (6)      See footnote (2).  

ITEM 7. MAJOR SHAREHOLDERS
AND RELATED PARTY TRANSACTIONS

A. Major Shareholders

See “ Item 6. Directors,
Senior Management and Employees - E. Share Ownership.”

B. Related Party Transactions

Employment agreements and indemnification
agreements

See “ Item 6. Directors,
Senior Management and Employees - A. Directors and Executive Officers - Employment Agreements and Indemnification Agreements.”

Other related party transactions

The following table sets
forth significant related party transactions of Scage International during the periods indicated.

                                                                                                        For the six months ended                            
                                                                                                        December 31,                                        
  Related parties      Nature                                                                           2024                                                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                                        (US$)                                               
  Mr. Chao Gao         Proceeds of loans from a related party                                                                         153,243      —        
                       Repayments of loan borrowed from a related party                                                                 9,580      250,183  
  Mr. Jimin An         Expenses paid on behalf of the Company by a related party                                                      105,246      —