Haoxi Health (HAO) CEO Fan Zhen buys 40M Class B shares in open market
Rhea-AI Filing Summary
Haoxi Health Technology Ltd CEO and Chairman Fan Zhen, a ten percent owner, reported an open-market purchase of 40,000,000 Class B Ordinary Shares at $0.018 per share. After this transaction, Fan Zhen directly holds 40,690,800 Class B Ordinary Shares.
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Insights
Large open-market share purchase by Haoxi Health’s CEO indicates increased personal exposure.
Fan Zhen, CEO, Chairman, and a ten percent owner of Haoxi Health Technology Ltd, executed an open-market purchase of 40,000,000 Class B Ordinary Shares at $0.018 per share. This is a direct ownership transaction, not through an intermediary entity.
Following the purchase, Fan Zhen’s direct holdings increased to 40,690,800 Class B Ordinary Shares, according to the filing. The transactionSummary characterizes this activity as a single net-buy event, with no derivative exercises, gifts, or tax-withholding components reported in this filing.
There are no remaining derivative positions disclosed in the derivativeSummary for this report, so the visible exposure comes entirely from common equity. Future company filings may clarify how this position compares with total shares outstanding and any additional transactions after May 19, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Ordinary Shares | 40,000,000 | $0.018 | $720K |