Wei Zhu and Associated Entities Report 9.9% Beneficial Ownership in AVAX One Technology Inc.

This Schedule 13G/A filing, dated May 15, 2026, details the beneficial ownership of AVAX One Technology Inc. common shares by a group of reporting persons including Bastion Trading Limited, Bastion Holdings Limited, Lucio Holding Limited, and Mr. Wei Zhu. Collectively, the reporting persons hold 8,961,492 shares, representing approximately 9.9% of the issuer's 89,616,222 outstanding common shares. Individually, Bastion Trading Limited directly holds 3,953,715 shares (4.4%), and Lucio Holding Limited directly holds 5,007,777 shares (5.6%). Mr. Wei Zhu, as the director of Bastion Holdings (the parent of Bastion Trading) and Lucio Holding, is deemed to share voting and investment authority over all 8,961,492 shares. The filing is an amendment to a previous Schedule 13G and indicates that the securities were not acquired for the purpose of changing or influencing the control of the issuer. The reporting persons are based in the British Virgin Islands, Cayman Islands, and United Kingdom.