HUALINK TECH INC Filed Direct listing

What the company does

Hualin Digital Technology (Guangdong) Co., Ltd., headquartered in Shenzhen, is a core digital technology entity under Hualin Capital Holdings that focuses on integrating digital and physical operations. The company built the 'Kirin Chain,' a self-developed consortium blockchain combining blockchain, AI big data, and the Internet of Things, and provides one-stop digital technology development, platform operation, and ecological investment attraction services for industries such as liquor, big health, supply chain, small and medium-sized merchants, and cultural/creative IP. Through its 'Hualin Shugou' platform, it connects factories, merchants, and end consumers in an F-B-C integrated ecosystem, offering supply chain traceability, digital store tools, private domain operations, digital IP development, and industrial park digital support. The company serves as the technology hub linking the group's capital, industry, and digital economy businesses, including Pengtai Liquor Industry and Lixingtang Big Health Biotechnology.

Use of proceeds

Registered shareholders may, or may not, elect to sell the Class Common Shares covered by this prospectus. To the extent any registered shareholder chooses to sell the Class Common Shares, the company will not receive any proceeds from any such sales.

Underwriters

The completed effective-prospectus read stated no underwriters.

Extracted from F-1 0002147557-26-000001, filed Aug 18, 2026 and verified against that filing text.

Key risk factors

• Investor protection and trading risks

  “Further, the listing of our Class Common Shares on Nasdaq without an underwritten initial public offering is a novel method for commencing public trading in our Class Common Shares, and consequently, the trading volume and price of our Class Common Shares may be more volatile than if our Class Common Shares were initially listed in connection with an underwritten initial public offering.”

• Risk of security incidents and asset loss

  “Any loss of customer cash or digital assets could lead our insurance coverage to lapse, which could cause a substantial business disruption, adverse reputational impact, inability to compete with our competitors, and regulatory investigations, inquiries or actions.”

• Risks from acquisitions and strategic transactions

  “Acquisitions, strategic investments, new businesses, joint ventures, divestitures and other transactions we enter into could fail to achieve strategic objectives, disrupt our ongoing operations or result in operating difficulties, liabilities and expenses, harm our business and negatively impact our results of operations.”

• No public market and limited trading history

  “No public market for our shares currently exists.”

• Private placement prices may not reflect public market price

  “Our recent trading prices in private transactions may have little or no relation to the opening public price of our Class Common Shares on Nasdaq or the subsequent trading price of our Class Common Shares on Nasdaq.”

• Reliance on subsidiaries for dividends

  “We may rely on dividends from our subsidiaries in Shenzhen, Hong Kong, the United States, Malaysia, Singapore, Thailand and Poland for our cash requirements, including any Kirin Chain of dividends to our shareholders.”