Company: STAK
Filing Date: 2025-11-05
Form Type: 20-F
Source: 0001493152-25-020818
Chunk: 108

Company: STAK Inc.
Filing Date: 2025-11-05
Form: 20-F
Item: Item 6
Chunk 108
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 requirements, we participate in various employee social security plans organized by municipal and provincial governments for Chinese full-time employees, including pension, unemployment insurance, maternity insurance, work-related injury insurance, and medical insurance. According to the laws of the People’s Republic of China, we are required to make contributions every month based on the designated percentages of the wages, bonuses, and certain allowances of our Chinese full-time employees, up to the maximum amount set by local governments.
 
We have entered into employment contracts and standard confidentiality and intellectual property agreements with key employees. We believe that maintaining good working relationships with employees is crucial, and we have not experienced any labor disputes. We have not established a labor union.
 

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6.E.     Share  
       Ownership
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The following table sets forth information regarding the beneficial ownership of our Ordinary Shares as of the date of this annual report by our officers, directors, and 5% or greater beneficial owners of our Ordinary Shares. There is no other person or group of affiliated persons known by us to beneficially own more than 5% of our Ordinary Shares. Holders of our Class A Ordinary Shares and Class B Ordinary Shares are entitled to one (1) vote per share and thirty (30) votes per share, respectively, and vote on all matters submitted to a vote of our shareholders, except as may otherwise be required by law.
 
We have determined beneficial ownership in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting power or investment power with respect to those securities. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Unless otherwise indicated, the person identified in this table has sole voting and investment power with respect to all shares shown as beneficially owned by him, subject to applicable community property laws.
 

                                                                                                                         Ordinary Shares Beneficially Owned as of June 30, 2025                                                     
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                                                                   Class A Ordinary Shares Beneficially Owned                              Class B Ordinary Shares Beneficially Owned                                   Voting Power
Name of Beneficial Owners(1)                                       Number                                  %                               Number                                                    %                             %
Directors and Executive Officers:                                                                                                                                                                                                   
Chuanbo Jiang(2)                                                             -                                       -                               7,700,000                                    83.7                          82.5
Diana Li                                                                     -                                       -                               -                                               -                             -
Huyun Gao(3)                                                                 -                                       -