Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 133

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 6
Chunk 133
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 merit. As a result, we have
been able to attract and retain talented personnel and maintain a stable core management team. We believe that we maintain a good working
relationship with our employees, and we have not experienced any major labor disputes. None of our employees are represented by a labor
union.

As required by PRC regulations,
we participate in various government statutory employee benefit plans, including social insurance, namely pension insurance, medical
insurance, unemployment insurance, work-related injury insurance and maternity insurance, and housing funds. We are required under PRC
law to make contributions to employee benefit plans at specified percentages of the salaries, bonuses and certain allowances of our employees,
up to a maximum amount specified by the local government regulations from time to time.

We enter into standard labor
and confidentiality agreements with all employees and non-compete agreements with our core employees. The non-compete restricted period
typically expires two years after the termination of employment.

E. Share Ownership

The following table sets
forth information regarding the beneficial ownership of our Ordinary Shares as of the date of this annual report by:

  each person known by us to                                                   

  each of our officers and directors;  

  all our officers and directors  

The calculations in the table
below are based on 72,609,665 Ordinary Shares issued and outstanding as of the date of this annual report.

 ────────────────────────────────────────────────────────────────────────────────────────
  Directors and Executive Officers (1):                                                 
  Chao Gao (2)                                          45,441,182      62.6      62.6  
  Yuanchi Guo (3)                                        3,903,900       5.4       5.4  
  Ziqian Guan (4)                                        3,123,110       4.3       4.3  
  Kevin Chen                                                     —         —         —  
  Qiuliang Peng                                                  —         —         —  
  Calvin Kung                                               25,000       0.0       0.0  
  Xiang Jie                                                      —         —         —  
  All directors and executive officers as a group:      45,466,182      62.6      62.6  
  Principal Stockholders:                                                               
  Upward Stars Group Limited (2)                        45,441,182      62.6      62.6  
  Sikaiqi Jiuhe Holdings Limited (5)                     6