STOCK TITAN

BGIN Blockchain (BGIN) CTO discloses 4,851,563 indirect shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

BGIN BLOCKCHAIN Ltd filed an initial ownership report showing Chief Technology Officer Qi Shao beneficially owns 4,851,563 Class A ordinary shares. These shares are held indirectly through Inchoi Investment Limited, a British Virgin Islands company ultimately wholly owned and controlled by Mr. Shao.

Positive

  • None.

Negative

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Insider Shao Qi
Role Chief Technology Officer
Type Security Shares Price Value
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 4,851,563 shares (Indirect, By Inchoi Investment Limited)
Footnotes (1)
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Shao Qi

(Last)(First)(Middle)
1310-1312 L13 LANDMARK N 39 LUNG SUM AV
SHEUNG SHUI, NEW TERRITORIES

(Street)
HONG KONG00000

(City)(State)(Zip)

HONG KONG

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
BGIN BLOCKCHAIN Ltd [ BGIN ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares4,851,563IBy Inchoi Investment Limited(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents 4,851,563 Class A ordinary shares beneficially owned by Mr. Qi Shao through Inchoi Investment Limited, a British Virgin Islands company, an entity wholly owned by M.A. Virgo Limited, a British Virgin Islands company wholly owned and controlled by Mr. Qi Shao. The address of Inchoi Investment Limited and M.A. Virgo Limited is 2/F, Palm Grove House, P.O. Box 3340, Road Town, Tortola, British Virgin Islands. The person having voting, dispositive or investment powers over Inchoi Investment Limited is Mr. Qi Shao.
/s/ Qi Shao03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Qi Shao report owning in BGIN (BGIN) on this Form 3?

Qi Shao reports beneficial ownership of 4,851,563 Class A ordinary shares of BGIN BLOCKCHAIN Ltd. These shares are held indirectly through Inchoi Investment Limited, giving him a substantial equity position as disclosed in this initial ownership filing.

How are Qi Shao’s BGIN (BGIN) shares held according to the filing?

The 4,851,563 Class A ordinary shares are held indirectly through Inchoi Investment Limited, a British Virgin Islands company. Inchoi is wholly owned by M.A. Virgo Limited, which is wholly owned and controlled by Qi Shao, creating an indirect ownership chain.

Does Qi Shao have voting and investment power over his BGIN (BGIN) shares?

Yes. The filing states that the person having voting, dispositive or investment powers over Inchoi Investment Limited is Qi Shao. This means he effectively controls how the 4,851,563 indirectly held Class A ordinary shares are voted and managed.

Is this BGIN (BGIN) Form 3 a buy or sell transaction?

No. This Form 3 is an initial statement of beneficial ownership, not a buy or sell transaction. It simply discloses that Qi Shao indirectly owns 4,851,563 Class A ordinary shares through Inchoi Investment Limited and related entities.

What role does Qi Shao hold at BGIN (BGIN) in this ownership filing?

Qi Shao is identified as the Chief Technology Officer of BGIN BLOCKCHAIN Ltd. The Form 3 links his executive role with the disclosure that he beneficially owns 4,851,563 Class A ordinary shares through an indirect ownership structure.