Fuxing Yang Discloses Investment at Dogness (International) Corporation with 35.67% Stake

Fuxing Yang, the sole shareholder and director of Ming Kai Trading International Limited, disclosed a 35.67% stake in Dogness (International) Corporation. The filing, dated Aug. 20, 2026, follows Ming Kai’s exercise of warrants to buy 3,050,000 Class A shares for a total of $30.50. The move reflects a negotiated amendment that let the investor fully exercise the warrants without delay.

Investor Intent

Yang acquired the shares through Ming Kai under a Share Acquisition Agreement amended to “waive the beneficial ownership limitation and remove the sixty-one (61) day waiting period,” enabling full warrant exercise. The filing says the investor may discuss Dogness’s business, governance, capitalization, and strategic alternatives with the company.

The group may buy more shares or sell some of its holdings over time. They also noted they could “engage in discussions with the Issuer regarding its business, governance, capitalization, [and] strategic alternatives,” signaling openness to influence outcomes without outlining specific board or transaction plans today.

Investor's Background

Ming Kai Trading International Limited is a Hong Kong company focused on international trade in pet supplies and related products, and it invests in financial products such as funds and stocks. Fuxing Yang serves as Ming Kai’s sole shareholder and sole director and holds voting and dispositive power over its Dogness shares. The firm invests opportunistically in consumer and pet-related markets and in listed securities to support growth and value creation.

Original SEC Filing: Dogness (International) Corp [ DOGZ ] - SCHEDULE 13D - Aug. 20, 2026