공지 • May 01
Wellchange Holdings Company Limited announced delayed 20-F filing On 04/30/2026, Wellchange Holdings Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. 공지 • Mar 28
Wellchange Holdings Company Limited Announces Board and Committee Changes On March 26, 2026, the board of directors of Wellchange Holdings Company Limited (the “Company”) (the “Board) appointed Ms. Chung Hiu Tung (“Ms. Chung”) as an independent director, the chairwoman of the Audit Committee, and a member of Compensation and nominating Committee of the Company”. Ms. Chung Hiu Tung, Rachel is an accounting professional with approximately 10 years of experience in audit, financial reporting and accounting advisory. From December 2019 to October 2024, she served as Manager at Elite Partners CPA Limited, where she was responsible for performing audit work, preparing financial statements for listed and private companies, supervising audit teams, and communicating with clients and independent professional parties. From October 2016 to December 2019, she served as Senior Accountant II at HLB Hodgson Impey Cheng Limited, where she performed audit work, prepared financial statements, supervised engagement teams, and participated in IPO-related reporting on the GEM Board. From June 2015 to September 2016, she served as Audit Junior at LKKC CPA Limited, where she performed audit work for private companies and prepared tax computations and submissions to the Inland Revenue Department. Ms. Chung received a Bachelor of Business Administration (Honours) in Accounting from The Open University of Hong Kong in 2015 and a Higher Diploma in Business (Accounting and Financial Planning) from HKU SPACE Po Leung Kuk Community College in 2013. She has been a member of the Hong Kong Institute of Certified Public Accountants since May 3, 2023. On March 26, 2026 , Mr. Michael Chung Fai Ng notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on March 26, 2026. 공지 • Mar 26
Wellchange Holdings Company Limited Announces Strategic Development of Next-Generation AI Bookkeeping and Bank Statement Intelligence Platform Wellchange Holdings Company Limited announced the strategic development of a next-generation AI-powered bookkeeping and bank statement intelligence platform designed to enhance how businesses, accountants, and auditors manage financial data, and to complement the Company’s existing software-as-a-service platform business. The integrated solution is currently undergoing testing and is scheduled for commercial launch in the second quarter of 2026, subject to development progress and market conditions. The platform combines automated AI bookkeeping with intelligent bank statement reconciliation, aiming to reduce manual accounting work, improve audit readiness, and enhance financial accuracy across organizations of all sizes. WCT’s AI accounting ecosystem builds upon its existing technology foundations, including Quickstart Bookkeeping, an AI-driven bookkeeping application, and Bankcel AI, an intelligent reconciliation engine designed to automate bank statement analysis and matching. Key Platform Highlights: AI-driven bookkeeping automation with real-time transaction classification and ledger generation; Intelligent bank statement reconciliation to accelerate matching and discrepancy detection; Audit-ready financial data architecture designed to improve compliance and traceability; Scalable integration with existing accounting workflows and banking data sources; Improved efficiency, accuracy, and transparency in financial reporting. 공지 • Mar 06
Wellchange Holdings Company Limited Announces Directorate and Committee Changes,Effective February 25, 2026 Wellchange Holdings Company Limited appointed Mr. Jun Liu as an independent director, and a member of audit committee, compensation committee and nomination committee of the Company, effective February 25, 2026. Mr. Liu is a senior financial management executive with more than 20 years of experience in finance, investment and asset management. Since January 2021, he has served as General Manager of Hunan Shenghong Private Fund Management Co. Ltd., where he is responsible for financial management and audit oversight. From June 2017 to December 2020, he served as Deputy General Manager of Zhuhai Jingxiang Investment Management Co. Ltd., overseeing finance, risk control and compliance matters. From June 2007 to May 2017, he served as Manager of the Finance Department at GF Securities Guangzhou Xinde Investment Management Co. Ltd. Mr. Liu received a master's degree in accounting from Xiamen University in June 2006 and a bachelor's degree in financial management from Hunan University of Commerce (now Hunan University of Technology and Business) in June 2002. Wellchange Holdings Company Limited appointed Ms. Yiyun Wang as an independent director, the chairman of the compensation committee of the Company, and a member of nominating and audit committee, effective February 25, 2026. Ms. Wang is a legal and compliance professional with a multidisciplinary background in law and financial risk management. Since July 2021, she has served as Legal Director of Hunan Shenghong Fund Management Co. Ltd., where she is responsible for risk assessment of investment targets, review of due diligence reports, and compliance review of business models. From January 2019 to June 2021, she served as a practicing attorney at Guangdong Yiyue Law Firm, focusing on corporate legal affairs and providing legal services in corporate governance, contract review, and investment and financing compliance matters. Ms. Wang obtained a Master of Laws degree from Northeastern University in 2007 and a bachelor's degree in mechanical engineering design and Automation from Northeastern University in 2004. She obtained her PRC Legal Professional Qualification in 2010 and received a Business Planner Certification issued by the Ministry of Human Resources and Social Security in 2015. Wellchange Holdings Company Limited announced that on February 26, 2026, Mr. Lau Yun Chau and Mr. Chu Chi Hong each notified the Company of their resignations as an Independent Director, effective upon delivery of their written notices of resignation to the Board of Directors, which occurred on February 26, 2026. 공지 • Feb 14
Wellchange Holdings Company Limited Removes Fang Li Chieh as Director, Effective February 13, 2026 On February 13, 2026, the board of directors (“Board”) of Wellchange Holdings Company Limited approved the removal of Ms. Fang Li Chieh (“Ms. Fang”) as a director of the Company, effective as of February 13, 2026. In connection with her removal, Ms. Fang’s director offer letter terminated effective as of such date. Ms. Fang’s removal was not the result of any disagreement between Ms. Fang and the Company on any matter relating to the Company’s operations, policies or practices. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 84% per year over the past 5 years. Shareholders have been substantially diluted in the past year (231% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$2.4m revenue). Market cap is less than US$100m (US$21.3m market cap). 
