Globavend Holdings Limited filed a Form 6-K with the SEC on October 27, 2026, reporting the establishment of Loomi Shenzhen Entertainment Technology Company Limited, a newly formed, non-wholly-owned subsidiary incorporated in the People's Republic of China.

Key Highlights

  • New subsidiary formed: Loomi Shenzhen Entertainment Technology Company Limited was established as a non-wholly-owned subsidiary of Globavend Holdings Limited.
  • Jurisdiction: Loomi Shenzhen is incorporated in the People's Republic of China.
  • Stated purpose: According to the filing, Loomi Shenzhen "was established to support the expansion of the Company's digital entertainment business in mainland China."
  • Filing date: The report was signed by Chairman of the Board Kai Man Fung and dated October 27, 2026.
  • Forward-looking statements: The filing includes cautionary language noting that statements regarding Loomi Shenzhen's intended role are subject to risks and uncertainties that could cause actual results to differ materially.

Globavend Establishes Mainland China Digital Entertainment Entity

Globavend Holdings Limited (NASDAQ:GVH), a Cayman Islands exempted company, disclosed on October 27, 2026, via a Form 6-K filed with the U.S. Securities and Exchange Commission, that it had formed a new subsidiary in China. The entity, named Loomi Shenzhen Entertainment Technology Company Limited, is described in the filing as "a newly formed, non-wholly-owned subsidiary incorporated in the People's Republic of China."

According to the filing, the purpose of establishing Loomi Shenzhen is to support the expansion of the company's digital entertainment business in mainland China. The filing does not specify the ownership percentage held by Globavend in Loomi Shenzhen, the capital contribution, or any additional operational details regarding the subsidiary's activities.

The report was signed on behalf of Globavend Holdings Limited by Kai Man Fung, Chairman of the Board. The filing contains forward-looking statements subject to cautionary language, noting risks that include "the Company's ability to implement its business plans for Loomi Shenzhen, obtain any required approvals and comply with applicable laws and regulations," as well as risks described in the company's other regulatory filings. The company stated it undertakes no obligation to update forward-looking statements except as required by law.

What Was Disclosed

Globavend Holdings Limited reported the formation of Loomi Shenzhen Entertainment Technology Company Limited, a non-wholly-owned subsidiary in China, intended to support its digital entertainment business expansion in mainland China, as disclosed in a Form 6-K dated October 27, 2026.