INNO HOLDINGS INC.

INNO HOLDINGS INC. is an innovative technology company that engages in the business of recycled consumer electronic devices. The company sources and purchases pre-owned consumer electronic devices, such as smartphones and tablets, from suppliers. These devices are then sold to wholesalers who re-sell them to their wholesale and/or retail customers in Southeast Asia, Middle East Asia, Europe, and other regions. INNO conducts this business through two Hong Kong-based wholly-owned subsidiaries, Lear Group Limited and Baymax High Technology Co., Limited, acquired in October and December 2024, respectively. Previously, the company manufactured cold-formed-steel and offered related services and prefabricated homes. In the second quarter of 2025, INNO discontinued its cold-formed-steel business and sold all ownership in the subsidiaries conducting it. From March 2025 to April 2025, the company completed the disposition of all ownership interests in its former wholly- and partially-owned subsidiaries: Inno Metal Studs Corp, Inno AI Tech Corp., Inno Disrupts Inc., and Castor Building Tech LLC. The recycled consumer electronic devices offered include various models of iPhone smartphones and various models of iPad tablets. For the years ended September 30, 2025, revenues from recycled iPhones accounted for 100% of the company's revenue. Currently, all revenues are derived from wholesale customers who purchase recycled consumer electronic devices for re-sale. The company relies on a limited number of suppliers that collect pre-owned consumer electronic devices from network carriers, companies, and individuals.