CLPS (CLPS) CEO Lin discloses major direct and indirect share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CLPS Inc director and CEO Raymond Minghui Lin filed an initial ownership report showing his holdings of the company’s common shares.
He indirectly holds 6,999,996 common shares through Qinhui Ltd., where he is sole shareholder (via a trustee structure) and sole director with full voting and dispositive control. He also directly owns 1,632,872 common shares, giving him significant influence as a more than ten percent owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LIN MINGHUI RAYMOND
Role
CEO and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 6,999,996 shares (Indirect, See Footnote);
Common Shares — 1,632,872 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Indirect common shares: 6,999,996 shares
Direct common shares: 1,632,872 shares
Holding entries: 2 entries
3 metrics
Indirect common shares
6,999,996 shares
Indirectly held via Qinhui Ltd. with sole voting and dispositive control
Direct common shares
1,632,872 shares
Directly owned by Raymond Minghui Lin as reported on Form 3
Holding entries
2 entries
Two common share holdings reported (one indirect, one direct)
Key Terms
indirect, sole voting and dispositive control, trustee structure
3 terms
indirect financial
"total_shares_following_transaction": "6999996.0000", "direct_or_indirect": "I""
sole voting and dispositive control financial
"and has sole voting and dispositive control over such securities."
trustee structure financial
"sole shareholder (through trustee structure) and sole director of Qinhui Ltd."
FAQ
What does the CLPS Form 3 filing by Raymond Minghui Lin show?
The Form 3 shows that CEO and director Raymond Minghui Lin reported his initial ownership in CLPS Inc common shares. It details both indirect holdings through Qinhui Ltd. and his direct holdings, confirming his status as a more than ten percent owner.
What is Qinhui Ltd.’s role in the CLPS Form 3 filing?
Qinhui Ltd. holds 6,999,996 CLPS common shares reported as indirect ownership for Raymond Minghui Lin. The filing states he is Qinhui’s sole shareholder through a trustee structure and its sole director, with sole voting and dispositive control over those securities.
Does the CLPS Form 3 show any recent insider buying or selling?
The Form 3 functions as an initial ownership report and lists holdings rather than new trades. The entries describe indirect and direct common share positions for Raymond Minghui Lin, with no explicit buy or sell transaction codes or prices reported in this filing.