SCHEDULE: Mint Inc. Filing: Hoi Lung Chan Ups Stake

Mint Incorporation Limited's Schedule 13D filing reveals an amendment by Deep Vision Enterprise Limited and CEO Hoi Lung Chan, detailing their increased beneficial ownership and ongoing strategic involvement.

Summary

• This filing is an amendment to a Schedule 13D, reporting changes in beneficial ownership of Mint Incorporation Limited's Class A Ordinary Shares.
• The reporting persons are Deep Vision Enterprise Limited and its owner, Hoi Lung Chan, who is also the CEO and Chairman of Mint Incorporation Limited.
• The filing details a share purchase agreement dated May 18, 2026, where Deep Vision Enterprise Limited purchased 211,879 Class B Ordinary Shares for HK$5,000,000 (approximately US$637,755.10).
• Following a reverse stock split on May 6, 2026, and the recent share purchase, the reporting persons beneficially own 180,460 Class A Ordinary Shares and 474,379 Class B Ordinary Shares.
• This ownership represents 60.09% of the total voting power of the Issuer, based on 2,051,277 Class A Ordinary Shares and 701,879 Class B Ordinary Shares outstanding.
• Class A shares have one vote each, while Class B shares have twenty votes each.
• The reporting persons acquired these shares with the intent to exercise control and intend to continue actively participating in the Issuer's management and strategic direction.
• The filing indicates no other present plans or proposals that would result in significant transactions described in Item 4 of Schedule 13D.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive filing, indicating continued commitment and control by key management, though it lacks specific financial performance data.

Positives

• The reporting persons, including the CEO and Chairman, have increased their beneficial ownership, demonstrating continued commitment and confidence in the company.
• The acquisition of Class B shares, with their higher voting power, solidifies the reporting persons' control over the company's voting rights (60.09%).
• The transaction was conducted under a formal Share Purchase Agreement, indicating a structured and documented process.
• The reporting persons intend to remain actively involved in management and strategic direction, suggesting a focus on long-term growth.

Negatives

• The filing does not disclose any negative financial performance or operational issues.
• The concentration of voting power in the hands of a few individuals could be perceived as a governance concern by some investors, although it is clearly disclosed.
• The transaction involves Class B shares with significantly higher voting power, which is a structural element that could limit the influence of other shareholders.

Risks

• The concentration of voting power in the hands of the reporting persons could limit the influence of other shareholders on corporate decisions.
• Future strategic decisions made by management may not align with the interests of minority shareholders due to the significant voting control held by the reporting persons.

Future Outlook

The reporting persons intend to continue actively participating in the Issuer's management and strategic direction. No other specific future plans or proposals are disclosed in this filing.

Management Comments

• The Reporting Persons are pre-IPO shareholder of the Issuer.
• The Reporting Persons acquired with the intent to exercise control over the Issuer.
• The Reporting Persons intend to continue actively participating in the Issuer's management and strategic direction.

Industry Context

StockSavvy.ai notes that this Schedule 13D filing by a significant insider, particularly the CEO and Chairman, often signals a strong conviction in the company's future prospects or a strategic move to consolidate control, especially in the pre-IPO or early-stage growth phase of a company.

Related Party Transactions

• The Share Purchase Agreement dated May 18, 2026, between Mint Incorporation Limited (the Company) and Deep Vision Enterprise Limited (the Purchaser) for the sale and purchase of 211,879 Class B Ordinary Shares is a related party transaction, as Deep Vision Enterprise Limited is wholly owned by Hoi Lung Chan, the CEO and Chairman of the Company.

Stakeholder Impact

• Shareholders: The increased voting control by management may impact the influence of other shareholders on corporate decisions. The transaction itself is a capital raise for the company from a related party.
• Employees: Continued active management by the CEO and Chairman suggests stability in leadership and strategic direction.
• Creditors: The capital infusion from Deep Vision Enterprise Limited could strengthen the company's financial position.

Next Steps

• The closing of the purchase and issuance of the Purchased Shares is scheduled for May 26, 2026.
• The reporting persons will continue to actively participate in the Issuer's management and strategic direction.

Key Dates

Recommendation

The filing indicates a consolidation of control by key management and a capital infusion from a related party, but it does not provide performance metrics or forward-looking financial guidance. Therefore, a 'hold' recommendation is appropriate pending further operational and financial disclosures.

Keywords

Mint Incorporation Limited, Schedule 13D, Deep Vision Enterprise Limited, Hoi Lung Chan, Beneficial Ownership, Class A Ordinary Shares, Class B Ordinary Shares, Share Purchase Agreement, Corporate Governance, Voting Power, SEC Filing