SCHEDULE: Wei Zhu Discloses 9.9% Stake in AVAX One Technology

Wei Zhu and affiliated entities have reported a combined 9.9% beneficial ownership stake in AVAX One Technology Inc.

Summary

• Wei Zhu, through Bastion Trading Limited and Lucio Holding Limited, holds a total of 8,961,492 common shares of AVAX One Technology Inc.
• The reported stake represents 9.9% of the company's 89,616,222 outstanding common shares as of May 14, 2026.
• Bastion Trading Limited holds 3,953,715 shares, while Lucio Holding Limited holds 5,007,777 shares.
• Wei Zhu serves as the director for both holding entities and maintains shared voting and investment authority over the shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral disclosure of ownership status, which is a standard regulatory requirement rather than a strategic business shift.

Positives

• Significant institutional-level interest from a major shareholder, Wei Zhu, indicating long-term confidence in the issuer.

Negatives

• Concentration of voting power in the hands of a single individual and his controlled entities may influence future corporate governance decisions.

Risks

• Potential for market volatility if the reporting persons decide to divest their significant 9.9% position.
• Regulatory scrutiny regarding the classification of the reporting persons as a group or individual investors.

Future Outlook

The reporting persons certify that the securities were not acquired for the purpose of changing or influencing the control of the issuer.

Management Comments

• The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures for passive investors crossing the 5% ownership threshold, reflecting typical capital market activity where significant stakeholders formalize their positions.

Comparison to Industry Standards

• The filing adheres to standard SEC requirements for beneficial ownership reporting under the Securities Exchange Act of 1934.

Related Party Transactions

• Bastion Trading is wholly owned by Bastion Holdings, and Wei Zhu is the director of both Bastion Holdings and Lucio Holding.

Stakeholder Impact

• Shareholders should note the concentration of 9.9% of the company's equity under the control of Wei Zhu.

Next Steps

• Continued monitoring of future SEC filings for any changes in the reporting persons' ownership levels or intent.

Key Dates

Keywords

AVAX One Technology, Schedule 13G, Wei Zhu, Beneficial Ownership, Shareholder Disclosure, Equity Stake