On December 18, 2023, Wen Hua, President of Zfounder Organization Inc., filed a Schedule 13D with the SEC, disclosing a significant ownership stake in INNO Holdings Inc., a Texas-based corporation. The filing indicates that Hua beneficially owns 8,998,958 shares of INNO Holdings, representing 43.365% of the company's issued and outstanding common stock. This position was accumulated through a series of transactions, including the conversion of series A convertible preferred stock and receipt of shares for consulting services, as well as a share donation and stock transfer agreement with Dekui Liu, the CEO of INNO Holdings. The Schedule 13D also outlines Hua's intentions for the investment, stating that the securities were acquired for investment purposes and that future actions will depend on various factors, including the company's performance and market conditions. Additionally, Zfounder entered into several lock-up and securities purchase agreements, with the most recent ones dated September 6, 2024, involving the sale of shares to various investors, subject to closing conditions.

On December 18, 2023, Wen Hua, President of Zfounder Organization Inc., filed a Schedule 13D with the SEC, disclosing a significant ownership stake in INNO Holdings Inc., a Texas-based corporation. The filing indicates that Hua beneficially owns 8,998,958 shares of INNO Holdings, representing 43.365% of the company's issued and outstanding common stock. This position was accumulated through a series of transactions, including the conversion of series A convertible preferred stock and receipt of shares for consulting services, as well as a share donation and stock transfer agreement with Dekui Liu, the CEO of INNO Holdings. The Schedule 13D also outlines Hua's intentions for the investment, stating that the securities were acquired for investment purposes and that future actions will depend on various factors, including the company's performance and market conditions. Additionally, Zfounder entered into several lock-up and securities purchase agreements, with the most recent ones dated September 6, 2024, involving the sale of shares to various investors, subject to closing conditions.