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Brilliant N.E.V. Corp. experiences change in control as former majority shareholder divests stake

On June 5, 2026, Brilliant N.E.V. Corp. experienced a change in control after its former controlling stockholder Guangzhe Su transferred substantially all of his shares in private transactions to multiple transferees, retaining only two shares representing less than 0.01% of outstanding common stock. Su's beneficial ownership declined from approximately 52.06% to less than 0.01%, and he resigned from all officer and director positions. The board simultaneously approved a business pivot to the tea industry, relocated principal executive offices to Hainan Province, China, and authorized a private placement financing program and application for a new trading symbol.

BRILLIANT N.E.V. CORP. · CIK 1681769 ·

Key facts

  • Change in control event on June 5, 2026
  • Guangzhe Su transferred substantially all shares in private transactions
  • Su's beneficial ownership: from 52.06% to less than 0.01%
  • Su retained two (2) shares
  • Su resigned from all officer and director positions
  • Board approved tea industry business direction on June 5, 2026
  • Company incorporated Origin Tea Industry Limited (Hong Kong) and Hainan Origin Enterprise Management Co., Ltd. (China WFOE)
  • Principal executive offices relocated to 7 Jinsha East Road, Yacha Town, Baisha Li Autonomous County, Hainan Province, People's Republic of China, effective June 5, 2026
  • Board authorized application for new trading symbol 'OTEA'
  • Board authorized management to engage market maker for Form 211 submission
  • Private placement financing program approved for working capital and tea-related business operations
  • Company name changed to Origin Tea Inc. (per Exhibit 3.1)
  • One-for-eight (1-for-8) reverse stock split approved (per Exhibit 3.2)

Why it matters

The change in control marks a significant restructuring of shareholder composition and company strategy, with the former majority owner completely divesting and the company pivoting to tea-industry operations in China with a new trading symbol application.

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Derived from 8-K filed 2026-06-09. Not investment advice. View the source filing on SEC.gov →