STOCK TITAN

1.05M DSC (DSC) shares redesignated to Class A in SVP Form 4

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DSC Holdings Ltd. Senior Vice President Zhang Gongwei reported an internal share reclassification involving 1,051,669 shares held indirectly through Sky Harmony Ventures Limited. Immediately before the company’s initial public offering, 1,051,669 ordinary shares were redesignated into 1,051,669 Class A ordinary shares on a one-for-one basis at no stated price, leaving the same number of shares held after the transaction but in the new Class A class.

Positive

  • None.

Negative

  • None.
Insider Zhang Gongwei
Role Senior Vice President
Type Security Shares Price Value
Other Ordinary shares 1,051,669 $0.00 $0.00
Other Class A ordinary shares 1,051,669 $0.00 $0.00
Holdings After Transaction: Ordinary shares — 0 shares (Indirect, Held by Sky Harmony Ventures Limited); Class A ordinary shares — 1,051,669 shares (Indirect, Held by Sky Harmony Ventures Limited)
Footnotes (1)
  1. F1. Immediately prior to the completion of the Issuer's initial public offering, each ordinary shares was redesignated as Class A ordinary shares on a one-for-one basis.
Shares redesignated 1,051,669 shares Ordinary shares redesignated into Class A ordinary shares one-for-one
Price per share $0.0000 per share Reported transaction price for the redesignation
Class A shares after 1,051,669 shares Indirect Class A ordinary share holdings following the transaction
Ordinary shares after 0 shares Indirect ordinary share holdings following redesignation into Class A
Class A ordinary shares financial
"each ordinary shares was redesignated as Class A ordinary shares on a one-for-one basis"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
ordinary shares financial
"each ordinary shares was redesignated as Class A ordinary shares on a one-for-one basis"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
initial public offering financial
"Immediately prior to the completion of the Issuer's initial public offering, each ordinary shares was redesignated"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
transaction code J financial
"transaction_code": "J" ... "transaction_code_description": "Other acquisition or disposition""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "Held by Sky Harmony Ventures Limited""

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FAQ

What did DSC (DSC) Senior Vice President Zhang Gongwei report in this Form 4?

The Form 4 reports an internal restructuring where 1,051,669 ordinary shares held indirectly were redesignated into 1,051,669 Class A ordinary shares on a one-for-one basis, with no price paid and the same number of shares held afterward.

How many DSC (DSC) shares were affected in this restructuring?

A total of 1,051,669 shares were affected. The filing shows 1,051,669 ordinary shares redesignated into 1,051,669 Class A ordinary shares, keeping the overall share count unchanged while converting them into a new share class before the initial public offering.

Who holds the DSC (DSC) shares reported in this Form 4?

The shares are held indirectly by an entity named Sky Harmony Ventures Limited. The reporting person, Senior Vice President Zhang Gongwei, reports indirect ownership, indicating the Class A ordinary shares are registered under Sky Harmony Ventures Limited rather than in his direct name.

Was there any purchase or sale of DSC (DSC) shares in this transaction?

No purchase or sale is shown. The Form 4 uses transaction code J, labeled "Other acquisition or disposition," to record a redesignation where ordinary shares became Class A ordinary shares one-for-one, with a reported transaction price per share of 0.0000.

How many DSC (DSC) shares does the reporting entity hold after the transaction?

After the restructuring, the filing shows 1,051,669 Class A ordinary shares held indirectly. The corresponding ordinary share position is reported as zero, reflecting that all previously held ordinary shares were redesignated into the new Class A ordinary share class.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zhang Gongwei

(Last)(First)(Middle)
NO.175 WUCHANG AVENUE, YUHANG DISTRICT

(Street)
HANGZHOUZHEJIANG, CHINA311100

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
DSC Holdings Ltd. [ DSC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary shares06/26/2026J(1)1,051,669D$00IHeld by Sky Harmony Ventures Limited
Class A ordinary shares06/26/2026J(1)1,051,669A$01,051,669IHeld by Sky Harmony Ventures Limited
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Immediately prior to the completion of the Issuer's initial public offering, each ordinary shares was redesignated as Class A ordinary shares on a one-for-one basis.
/s/ Gongwei Zhang06/29/2026
** 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 4 (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 4: SEC 1474 (03-26)