CNFinance (NYSE: CNF) vice president reports option and indirect stakes
Rhea-AI Filing Summary
CNFinance Holdings Ltd. vice president Qian Jun filed an initial ownership report showing both direct and indirect stakes in the company. He holds stock options to acquire 20,000,000 ordinary shares at an exercise price of $0.0725 per share, expiring on December 31, 2027. The filing also notes an indirect interest through Kylin Investment Holdings Limited, of which he owns 10% of the outstanding shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Qian Jun
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 20,000,000 shares (Direct);
Class A Ordinary Shares — 24,394,938 shares (Indirect, By Kylin Investment Holdings Limited)
Footnotes (2)
- F1. Kylin Investment Holdings Limited, or Kylin Investment, is a company incorporated in the British Virgin Islands. 10% of the total outstanding shares of Kylin Investment are held by the Reporting Person. Kylin Investment holds 243,949,380 Class A ordinary shares of the Issuer.
- F2. The exercise price of the stock options is RMB0.5 per share. For convenience only, this amount has been translated into U.S. dollars at the rate of RMB6.8961 to US$1.00, the noon buying rate in effect on March 13, 2026, as set forth in the H.10 statistical release of the Federal Reserve Board.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does CNFinance (CNF) vice president Qian Jun report owning on this Form 3?
Qian Jun reports both direct and indirect ownership in CNFinance. He holds stock options over 20,000,000 ordinary shares and has an indirect interest through Kylin Investment Holdings Limited, where he owns 10% of the outstanding shares, according to the disclosure.
What are the terms of Qian Jun’s CNFinance stock options disclosed on Form 3?
The filing shows stock options giving Qian Jun the right to buy 20,000,000 ordinary shares. The exercise price is RMB0.5 per share, translated for convenience as about $0.0725 using an exchange rate of RMB6.8961 to $1.00 on March 13, 2026.
When do Qian Jun’s CNFinance stock options expire?
The stock options reported by Qian Jun expire on December 31, 2027. They relate to 20,000,000 underlying ordinary shares and have an exercise price originally set at RMB0.5 per share, as detailed in the Form 3 ownership disclosure and its footnotes.