High-Trend International Group

Analysis for Ticker: HTCO

High Trend International Group claims to be a global ocean technology company focused on shipping lithium and carbon neutrality but the internal math reveals it is actually a hollow vessel designed for wealth extraction. In 2024 the business lost 21,2$ million while paying 47,9$ million to companies owned by its own founders. By 12/2025 the losses reached 20,1$ million even as revenue grew to 214,4$ million because the cost of moving ships was almost as high as the money they made. This is a disaster because for every dollar the company brings in from its customers it is paying nearly all of it to people like its former shipping director for renting boats which is like a baker buying flour from his own secret pantry for more than the price of the bread he sells. The mechanism for control was established in 03/2025 when the company gave 100.000 special class B shares to its new owner Jinyu Chang. These shares are powerful because they have twenty votes each allowing Chang to control 21,54% of all decisions while only owning 1,35% of the actual company. To prevent the stock from looking like a penny stock the company performed a one-for-twenty-five reverse split in 08/2025 grouping many small shares into single expensive ones.