• Issued 2.5 million Class A shares, 200,000 Class B shares to CEO-chairman Weiguang Yang’s holding vehicle on July 21, 2026.
• Yang now holds 2,500,740 Class A shares, 206,721 Class B shares.
• His stake represents about 99.45% of aggregate voting power of outstanding ordinary shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhongchao Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-080325), on July 22, 2026, and is solely responsible for the information contained therein.