{"url_path":"/sec/gwll/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/1800373/0001477932-26-004130-index.html","accession_number":"0001477932-26-004130","cik":"0001800373","ticker":"GWLL","issuer_name":"GOLDENWELL BIOTECH, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1800373/0001477932-26-004130-index.html","primary_entity_key":"0001800373","primary_entity_name":"GOLDENWELL BIOTECH, INC."},"word_count":434,"has_tables":true,"body_markdown":"**ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**\n\n \n\nThe following table lists, as of December 31, 2025, the number of shares of common stock of our Company that are beneficially owned by (i) each person or entity known to our Company to be the beneficial owner of more than 5% of the outstanding common stock; (ii) each officer and director of our Company; and (iii) all officers and directors as a group. Information relating to beneficial ownership of common stock by our principal shareholders and management is based upon information furnished by each person using “beneficial ownership” concepts under the rules of the Securities and Exchange Commission. Under these rules, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or direct the voting of the security, or investment power, which includes the power to vote or direct the voting of the security. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Under the Securities and Exchange Commission rules, more than one person may be deemed to be a beneficial owner of the same securities, and a person may be deemed to be a beneficial owner of securities as to which he or she may not have any pecuniary beneficial interest. Except as noted below, each person has sole voting and investment power.\n\n \n\nThe percentages below are calculated based on 99,000,000 shares of our common stock issued and outstanding as May 28, 2026. We do not have any outstanding warrant, options or other securities exercisable for or convertible into shares of our common stock.\n\n \n\n**Title of Class**\n\n \n\n**Name and Address of**\n\n**Beneficial Owner (2)**\n\n \n\n**Amount and Nature of**\n\n**Beneficial Ownership**\n\n \n\n \n\n**Percent of**\n\n**Common Stock**\n\n**(1)**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nCommon Stock\n\n \n\nShuang Liu (3)\n\n \n\n \n41,000,000\n \n\n \n\n \n41.4%\n\nCommon Stock\n\n \n\nHua Xie (4)\n\n \n\n \n5,000,000\n \n\n \n\n \n5.0%\n\nCommon Stock\n\n \n\nLi Yang (5)\n\n \n\n \n10,000,000\n \n\n \n\n \n10.1%\n\nCommon Stock\n\n \n\nJames Wang\n\n \n\n \n7,000,000\n \n\n \n\n \n7.0%\n\nAll directors and executive officers as a group (3 persons)\n\n \n\n \n\n \n\n \n63,000,000\n \n\n \n\n \n63.6%\n\n______________  \n\n(1)\n\nCalculated based on 99,000,000 shares of common stock issued and outstanding on May 28, 2026.\n\n(2)\n\nUnless otherwise specified, the address of each of the persons set forth below is in care of the Company, at the address of: 7316 Capilano Dr., Solon, Ohio 44139.\n\n(3)\n\nAppointed President and Chief Executive Officer, and served as director since August 20, 2019.\n\n(4)\n\nAppointed Secretary and director on August 20, 2019.\n\n(5)\n\nAppointed Treasurer and director on August 20, 2019."}