Golden Sun director plans sale of 77K Class A shares

Golden Sun Technology Group Ltd. (GSUN) has a notice from 10% shareholder and director Peilin Ji to sell Class A ordinary shares under Rule 144.

Rhea-AI Filing Summary

Golden Sun Technology Group Ltd. (GSUN) has a notice from 10% shareholder and director Peilin Ji to sell Class A ordinary shares under Rule 144. Ji originally bought a total of 385,600 ordinary shares in 2020, which converted into 385,600 Class A shares in November 2020. After a 1:2000 share subdivision in April 2021, this became 771,200 Class A ordinary shares of US$0.0005 each, and following a 1:10 share consolidation in April 2024, the holding now stands at 77,120 Class A ordinary shares, which are the post-consolidation amounts referenced in the filing.

Key Figures

Original ordinary shares purchased: 385,600 ordinary shares Conversion into Class A shares: 385,600 Class A shares Post-subdivision Class A shares: 771,200 Class A ordinary shares +4 more

7 metrics

Original ordinary shares purchased 385,600 ordinary shares Total of purchases in 2020 before conversion to Class A shares

Conversion into Class A shares 385,600 Class A shares Conversion on November 24, 2020

Post-subdivision Class A shares 771,200 Class A ordinary shares After 1:2000 subdivision on April 24, 2021

Current holding after consolidation 77,120 Class A Ordinary Shares After 1:10 share consolidation on April 18, 2024

Par value per Class A share US$0.0005 each Par value after April 24, 2021 share subdivision

Issuer SEC File Number 001-41425 File number for Golden Sun Technology Group Ltd.

Date of Notice 08/28/2026 Date of the Rule 144 notice signed by Peilin Ji

Key Terms

Rule 144, Class A Ordinary Shares, share consolidation, subdivided its authorized shares

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Class A Ordinary Shares financial

"On April 24, 2021, the Issuer subdivided its authorized shares and issued share capital on a 1:2000 basis, resulting in 771,200 Class A Ordinary Shares of US$ 0.0005 each."

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.

share consolidation financial

"the Issuer effected a share consolidation at a ratio of one to 10, resulting in the holding of 77,120 of Class A Ordinary Shares."

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

subdivided its authorized shares financial

"the Issuer subdivided its authorized shares and issued share capital on a 1:2000 basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does GSUN’s Form 144 filed by Peilin Ji disclose?

It discloses that Peilin Ji, a 10% shareholder and director of Golden Sun Technology Group Ltd. (GSUN), has filed a notice of intent to sell Class A ordinary shares under Rule 144 and provides the history of how the current 77,120 shares were derived.

How many GSUN shares did Peilin Ji originally purchase?

In 2020, Peilin Ji purchased an aggregate of 385,600 ordinary shares of Golden Sun Technology Group Ltd., comprising purchases from Weng Xueyuan and Dragon Vantage Industrial Limited, as stated in the filing’s remarks section.

How did the 385,600 GSUN shares become 77,120 Class A shares?

The 385,600 ordinary shares converted into 385,600 Class A shares in November 2020. A 1:2000 share subdivision in April 2021 increased this to 771,200 Class A shares, and a 1:10 share consolidation in April 2024 reduced it to 77,120 Class A ordinary shares.

What is the par value of GSUN’s Class A ordinary shares referenced in this filing?

The filing states that, after the April 24, 2021 share subdivision, Golden Sun Technology Group Ltd.’s Class A ordinary shares had a par value of US$0.0005 each.

What shareholder role does Peilin Ji have at GSUN?

Peilin Ji is identified in the filing as a 10% shareholder and director of Golden Sun Technology Group Ltd. (GSUN), and is the person for whose account the Class A ordinary shares are to be sold under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/28/2026 - 12:23 PM EDT Accepted by SEC EDGAR 08/28/2026 - 12:22 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002124104
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Golden Sun Technology Group Ltd.
SEC File Number	001-41425
Address of Issuer	Room 503, Building C2, No.1599 Xinjinqiao Road, Pudong New Area Shanghai CHINA 200083
Phone	021-65248395
Name of Person for Whose Account the Securities are To Be Sold	Ms. Peilin Ji
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Shareholder /Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Ordinary Shares	Haitong Securities (Hong Kong) Limited Private Wealth Management Centre 28/F, One International Finance Centre, No.1 Harbour View Street Central, K3 000000	52113	15634.00	1577944	09/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	04/02/2020	Purchase of shares	Weng Xueyuan			14460	04/02/2020	USD
Class A	10/19/2020	Purchase of shares	Weng Xueyuan			57840	04/02/2020	USD
Class A	10/19/2020	Purchase of shares	Dragon Vantage Industrial Limited			4820	04/02/2020	USD

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	All share amounts are expressed in post-consolidation values. On April 2, 2020, the seller purchased 72,300 ordinary shares of the Issuer from Weng Xueyuan, for USD. On October 19, 2020, the seller purchased 289,72 ordinary shares of the Issuer from Weng Xueyuan, for USD. Also on October 19, 2020, the seller purchased 24,100 ordinary shares of the Issuer from Dragon Vantage Industrial Limited, for USD. The total of the purchases amounted to 385,600 ordinary shares. On November 24, 2020, the 385,600 ordinary shares converted into 385,600 Class A shares, On April 24, 2021, the Issuer subdivided its authorized shares and issued share capital on a 1:2000 basis, resulting in 771,200 Class A Ordinary Shares of US$ 0.0005 each. On April 18, 2024 (disclosed on the Issuer's Form 6-K filed by the Issuer on April 12, 2024) the Issuer effected a share consolidation at a ratio of one to 10, resulting in the holding of 77,120 of Class A Ordinary Shares.
Date of Notice	08/28/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Peilin Ji
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)