X0202 SCHEDULE 13D 0002148124 XXXXXXXX LIVE COMMON STOCK, $0.0001 PAR VALUE 08/10/2026 false 0001897245 44852G309 HWH INTERNATIONAL INC.

4800 Montgomery Lane Suite 210 Bethesda MD 20814

Liu Ming Hui 011-852-28770800 16/F Capital Centre, 151 Gloucester Road, Wan Chai K3 00000 0002148124 N Liu Ming Hui a WC N F4 180000000.00 0.00 180000000.00 0.00 180000000.00 N 94.8 IN Aggregate amount includes (i) 20,000,000 shares; and (ii) warrants to purchase 160,000,000 shares of the common stock of HWH International Inc. (the "Issuer"), in each case owned by Smart Dynamics Technology Limited. Mr. Liu may be deemed to possess indirect beneficial ownership of these shares and warrants as the sole stockholder and a director of Smart Dynamics Technology Limited. This percentage is based on 29,726,400 shares of the Issuer's common stock outstanding as of August 17, 2026. 0002147784 N Smart Dynamics Technology Ltd a WC N D8 180000000.00 0.00 180000000.00 0.00 180000000.00 N 94.8 CO Aggregate amount includes (i) 20,000,000 shares; and (ii) warrants to purchase 160,000,000 shares of the Issuer's common stock, in each case owned by Smart Dynamics Technology Limited. This percentage is based on 29,726,400 shares of the Issuer's common stock outstanding as of August 17, 2026. COMMON STOCK, $0.0001 PAR VALUE HWH INTERNATIONAL INC. 4800 Montgomery Lane Suite 210 Bethesda MD 20814 This Schedule 13D is being filed on behalf of Mr. Liu and Smart Dynamics Technology Limited (each a "Reporting Person" and collectively, the "Reporting Persons"). The business address of both Mr. Liu and Smart Dynamics Technology Limited is 16/F Capital Centre, 151 Gloucester Road, Wan Chai, Hong Kong. The principal occupation of Mr. Liu is serving as President and Chairman of the Board of China Gas Holdings Limited During the last five years, the Reporting Persons have not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors). During the last five years, the Reporting Persons have not been a party civil proceedings of a judicial or administrative body of competent jurisdiction and as a result of which such persons were or are subject to a judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Mr. Liu is a citizen of the People's Republic of China; Smart Dynamics Technology Limited is a British Virgin Islands Limited Company. On August 10, 2026 the Issuer sold Smart Dynamics Technology Limited (the "Purchaser"), 20,000,000 (twenty million) shares of its Common Stock; and (ii) warrants to purchase up to 160,000,000 (one hundred and sixty million) shares of the Issuer's common stock at an exercise price of $0.63 per share, exercisable immediately and expiring on August 10, 2030 for an aggregate purchase price of $10,000,000. The source of the Purchaser's funds for was its general working capital. This purchase of securities has resulted in a change of control for the Issuer. The Securities Purchase Agreement that set the terms of the transaction provided for the Purchaser to have the right to nominate three new directors to the Issuer's board of directors, who joined the Issuer's board of directors on August 10, 2026. The Reporting Persons may acquire or dispose of additional securities of Issuer from time to time. Smart Dynamics Technology Limited owns (i) 20,000,000 shares; and (ii) warrants to purchase 160,000,000 shares of the Issuer's common stock. Mr. Liu may be deemed to possess indirect beneficial ownership of these shares and warrants as the sole stockholder and a director of Smart Dynamics Technology Limited. This percentage is based on 29,726,400 shares of the Issuer's common stock outstanding as of August 17, 2026. Smart Dynamics Technology Limited owns (i) 20,000,000 shares; and (ii) warrants to purchase 160,000,000 shares of the Issuer's common stock. Mr. Liu may be deemed to possess indirect beneficial ownership of these shares and warrants as the sole stockholder and a director of Smart Dynamics Technology Limited. This percentage is based on 29,726,400 shares of the Issuer's common stock outstanding as of August 17, 2026. None. Smart Dynamics Technology Limited is owned by Liu Ming Hui. Not applicable. Board Representation The Purchaser has been granted the right to appoint three directors to the Issuer's Board of Directors, subject to the conditions described in the Securities Purchase Agreement. The size of the Issuer's Board of Directors has therefore increased to eight. Anti-Dilution Rights The Securities Purchase Agreement contains certain provisions which granted the Purchaser anti-dilution rights for a period of two years from the closing in which the Issuer will not be able to sell new equity securities without the consent of the Purchaser, subject to certain exceptions as set forth therein. Registration Rights Further, pursuant to the Securities Purchase Agreement, the Issuer is required to file a registration statement registering the 20,000,000 shares issuable to the Purchaser, and the 160,000,000 shares underlying the warrants, within sixty days of the closing. Joint Filing Agreement Liu Ming Hui /s/ Liu Ming Hui 08/17/2026 Smart Dynamics Technology Ltd /s/ Liu Ming Hui 08/17/2026