Company: SEAH
Filing Date: 2025-08-29
Form Type: DRS/A
Source: 0001213900-25-082696
Chunk: 126

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-08-29
Form: DRS/A
Chunk 126
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 BVI Registry of Corporate Affairs on August13, 2025, following which the Company is now authorized to issue unlimited Class A Ordinary Shares with no par value and Class B Ordinary Shares with no par value. On August8, 2025, the Company redeemed the 10,000 issued and outstanding ordinary shares and issued 5,740 Class A Ordinary Shares and 1,500 Class B Ordinary Shares to WISDOM FOCUS GROUP LTD. and 2,760 Class A Ordinary Shares to other shareholders.

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RELATED PARTY TRANSACTIONS Transactions with Related Parties Related Parties The table below sets forth the major related parties and their relationships with the Company and the Operating Entity (collectively referred to as the “Group”):

| No. |     | Name of Related Parties |     | Relationship                                                                   |
| 1   |     | Mr. Shihai Bi           |     | Director and the chief financial officer of the Company                        |
| 2   |     | Mr. Guanglang Jiang     |     | Director, chairman of the Board and the chief executive officer of the Company |

Amounts due to related parties Amounts due to related parties consisted of the following:

|                                      | Amounts due to related parties | Up to date |    2025 |     | As of March 31, |    2024 |     |   |         |
|:-------------------------------------|:-------------------------------|:-----------|--------:|:----|:----------------|--------:|:----|:--|--------:|
| Mr. Guanglang Jiang(1)               |                                | $          | 343,496 |     | $               |  73,534 |     | $ |       — |
| Mr. Shihai Bi(2)                     |                                |            |       — |     |                 |  66,711 |     |   | 264,515 |
| Total amounts due to related parties |                                | $          | 343,496 |     | $               | 140,245 |     | $ | 264,515 |

____________ (1)These payables were for the ordinary course of the Group’s operation, which were interest free, unsecure and could be settled on demand. (2)On May 14, 2022, the Group entered into a five -yearloan agreement with Mr. Shihai Bi, allowing borrowings of up to JPY 100 million (US$0.7 million) per transaction for operational purposes.