{"url_path":"/sec/twg/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 Major Shareholders and Related Party Transactions**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1978057/0001213900-26-057962-index.html","accession_number":"0001213900-26-057962","cik":"0001978057","ticker":"TWG","issuer_name":"Top Wealth Group Holding Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1978057/0001213900-26-057962-index.html","primary_entity_key":"0001978057","primary_entity_name":"Top Wealth Group Holding Ltd"},"word_count":360,"has_tables":true,"body_markdown":"**Item\n7. Major Shareholders and Related Party Transactions**\n\n \n\n**7.A. Major Shareholders**\n\n \n\nPlease refer to “Item 6. Directors, Senior\nManagement and Employees — 6.E. Share Ownership.”\n\n** **\n\n**7.B. Related Party Transactions**\n\n \n\nDuring 2025, the Company had following related\nparty transactions:\n\n** **\n\n**Name**\n \n**Amount**\n \n \n**Relationship**\n \n**Note**\n\nWong Kim Kwan Kings\n \n$\n621,489\n \n \nDirector and former controlling shareholder of the Company\n \nAdvancement of unsecured interest free loan payable, repayable on demand\n\n \n\n76\n\n \n\n \n\nDuring 2024, the Company had following related\nparty transactions:\n\n** **\n\n**Name**\n \n**Amount**\n \n \n**Relationship**\n \n**Note**\n\nChong Kin Chung\n \n$\n140,564\n \n \nA key management staff of the Company\n \nAdvancement of unsecured interest free loan payable, repayable on demand\n\nWong Kim Kwan Kings\n \n$\n160,089\n \n \nDirector and former controlling shareholder of the Company\n \nRepayment of unsecured interest free loan payable, repayable on demand\n\nSnow Bear Capital Limited\n \n$\n429,065\n \n \nShareholder of the Company\n \nRepayment of  unsecured interest free loan payable, repayable within one year from drawdown.\n\n \n\nDuring 2023, the Company had following related\nparty transactions:\n\n** **\n\n**Name**\n \n**Amount**\n \n \n**Relationship**\n \n**Note**\n\nChong Kin Fai\n \n$\n63,735\n \n \nA former director and principal owner of the Company\n \nRepayment of unsecured interest free loan payable, repayable on demand\n\nWong Kim Kwan Kings\n \n$\n57,690\n \n \nDirector and controlling shareholder of the Company\n \nRepayment of unsecured interest free loan payable, repayable on demand\n\nSnow Bear Capital Limited\n \n$\n429,065\n \n \nShareholder of the Company\n \nProceeds from unsecured interest free loan payable, repayable within one year from drawdown.\n\n \n\n \n\nAs of December 31, 2025, the Company had\nthe following balances due with related parties:\n\n \n\n**Name**\n \n**Amount**\n \n \n**Relationship**\n \n**Note**\n\nWong Kim Kwan Kings\n \n$\n480,925\n \n \nShareholder of the Company\n \nUnsecured interest free loan payable, repayable within one year from draw down\n\n \n\nAs of December 31, 2024, the Company had the following\nbalances due with related parties:\n\n \n\n**Name**\n \n**Amount**\n \n \n**Relationship**\n \n**Note**\n\nWong Kim Kwan Kings\n \n$\n140,564\n \n \nShareholder of the Company\n \nUnsecured interest free loan payable, repayable within one year from draw down\n\n \n\n**Terms of Directors and Officers**\n\n \n\nSee “Item 6. Directors, Senior Management\nand Employees—6.C. Board Practices—Terms of Directors and Officers.”\n\n \n\n**Employment Agreements and Indemnification\nAgreements**\n\n \n\nSee “Item 6. Directors, Senior Management\nand Employees—6.B. Compensation—Employment Agreements and Indemnification Agreements.”\n\n** **\n\n**7.C. Interests of Experts and Counsel**\n\n** **\n\nNot applicable.\n\n \n\n77"}