CCH Holdings (CCHH) Co-CEO Hsu Converts 1.32M Class A to Class B

What Happened
Hsu Hui‑Chen, Co‑CEO and director of CCH Holdings Ltd (CCHH), had 1,319,500 Class A Ordinary Shares repurchased by the company on 2026‑09‑18 and, as consideration, received 1,319,500 newly issued Class B Ordinary Shares. The repurchase and issuance were executed with no cash paid (reported price $0.00; total $0). Following the transactions the Reporting Person owns 0 Class A Ordinary Shares and 1,319,500 Class B Ordinary Shares.

Key Details

• Transaction date: 2026‑09‑18 (reported on Form 4 filed 2026‑09‑21). Filing appears timely under Form 4 rules.
• Reported actions: Disposition to issuer (D) of 1,319,500 Class A shares @ $0.00; Acquisition (A) of 1,319,500 Class B shares @ $0.00.
• Holdings after transaction: 0 Class A shares; 1,319,500 Class B shares.
• Voting power: Each Class B share carries 100 votes; 1,319,500 Class B shares = 131,950,000 votes.
• Footnotes: Shares repurchased were cancelled and replaced by unissued shares re‑designated as Class B per the company’s articles (no cash paid). See footnotes F1–F3 in the filing.

Context
This was not an open‑market sale or cash purchase but an internal exchange/recapitalization converting Class A shares into Class B shares, increasing voting power without reported cash changing hands. For investors, the primary takeaway is a change in share class and voting structure rather than a traditional buy or sell signaling a view on the company’s market value.