{"url_path":"/sec/brqsf/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 MAJOR SHAREHOLDERS AND RELATED PARTY","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1650575/0001213900-26-057706-index.html","accession_number":"0001213900-26-057706","cik":"0001650575","ticker":"BRQSF","issuer_name":"Borqs Technologies, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1650575/0001213900-26-057706-index.html","primary_entity_key":"0001650575","primary_entity_name":"Borqs Technologies, Inc."},"word_count":356,"has_tables":true,"body_markdown":"**ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY\nTRANSACTIONS**\n\n \n\n**Major Shareholders**\n\n \n\nThe following table presents\ninformation as to the beneficial ownership of our ordinary shares as of March 31, 2026 by:\n\n \n\n \n●\neach shareholder known by us to be the beneficial owner of more than 5% of our ordinary shares;\n\n \n\n \n●\neach of our directors;\n\n \n\n \n●\neach of our named executive officers; and\n\n \n\n \n●\nall of our directors and executive officers as a group.\n\n \n\nBeneficial ownership is determined\nin accordance with the rules of the SEC and thus represents voting or investment power with respect to our securities. Unless otherwise\nindicated below, to our knowledge, the persons and entities named in the table have sole voting and sole investment power with respect\nto all shares beneficially owned, subject to community property laws where applicable. Ordinary shares subject to options that are currently\nexercisable or exercisable within 60 days of March 31, 2026 are deemed to be outstanding and to be beneficially owned by the person\nholding the options to compute the percentage ownership of that person but are not treated as outstanding for the purpose of computing\nthe percentage ownership of any other person.\n\n \n\n62 \n\n \n\n \n\nThe percentage ownership of\nour ordinary shares in the following table is based on 44,931,642 outstanding ordinary shares on March 31, 2026.\n\n \n\n  \nNumber of\nShares  \n% \n\nName and Address of Beneficial Owners of 5% or more \n   \n  \n\nYoutong Investment Consulting Company, Ltd (1) \n 3,550,763  \n 7.90 \n\n  \n    \n   \n\nDirectors and Executive Officers (2) \n    \n   \n\nPat Sek Yuen Chan \n 10,578,667  \n 23.54 \n\nWan Yu (Lawrence) Chow \n 386,615  \n * \n\n  \n    \n   \n\nJi (Richard) Li \n 386,615  \n * \n\nFang-Wei (Steve) Tsao \n 266,667  \n * \n\nAnthony K. Chan \n 8,993,282  \n 20.02 \n\n  \n    \n   \n\nAll directors and officers as a group (5 persons) \n 20,611,846  \n 45.87 \n\n \n\n*Less\nthan one percent\n\n \n\n(1)The\nbusiness address for Youtong Investment Consulting Company Ltd is Units B-D, 16/F, Yardley Commercial Building, 3 Connaught Road West,\nSheung Wan, Hong Kong.\n\n \n\n(2)Unless\notherwise indicated, the business address of each of the individuals is Office B, 21/F, Legend Tower, 7 Shing Yip Street, Kwun Tong,\nKowloon, Hong Kong.\n\n \n\n**Related Party Transactions**\n\n \n\nSee above “Item 5. Operating\nand Financial Review and Prospects – Related Party Transactions”.\n\n \n\n**Interests of Experts and Counsel**\n\n \n\nNot applicable."}