Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 81

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 81
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 |             |
| Class B Ordinary Share, par value $0.00005 per share, 100,000,000 shares authorized, [nil] shares issued and outstanding as of June 30, 2025 (1) (2)        |     |                |     |             |
| Additional paid-in capital                                                                                                                                  |     |                |     |             |
| Statutory reserves                                                                                                                                          |     |                |     |             |
| Retained earnings                                                                                                                                           |     |                |     |             |
| Accumulated other comprehensive loss                                                                                                                        |     |                |     |             |
| TOTAL SHAREHOLDERS’ EQUITY                                                                                                                                  |     |                |     |             |
| Non-controlling interest                                                                                                                                    |     |                |     |             |
| INDEBTEDNESS                                                                                                                                                |     |                |     |             |
| Bank borrowings                                                                                                                                             |     |                |     |             |
| TOTAL EQUITY                                                                                                                                                |     |                |     |             |

| (1) | Retroactively adjusted to reflect the Reorganization completed 
 on February 8, 2024.                                           |

| (2) | Retroactively adjusted to reflect the Share Re-classification 
 completed on August 12, 2025.                                 |

<div align='center'>36

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 W