HiTek CEO reports 8.19M Class B share holdings
HiTek Global Inc. director and Chief Executive Officer Huang Xiaoyang filed an initial statement of beneficial ownership.
Rhea-AI Filing Summary
HiTek Global Inc. director and Chief Executive Officer Huang Xiaoyang filed an initial statement of beneficial ownership. The filing reports indirect ownership of 8,192,000 Class B Ordinary Shares, held of record by Fortune Enterprise Holdings Limited, a British Virgin Islands company.
According to the disclosure, Huang and her husband, Mr. Shenping Yin, are shareholders and directors of Fortune. Due to their marital relationship and roles at Fortune, Huang may be deemed to share voting and dispositive power over the shares held by Fortune and therefore may be deemed to beneficially own these securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. The reported securities are held of record by Fortune Enterprise Holdings Limited, a British Virgin Islands company ("Fortune"). The Reporting Person and her husband, Mr. Shenping Yin, are shareholders and directors of Fortune. As a result of the Reporting Person's marital relationship with Mr. Shenping Yin and their respective ownership and management positions with Fortune, the Reporting Person may be deemed to share voting and dispositive power over the securities held by Fortune and, accordingly, may be deemed to beneficially own such securities.
Key Figures
Key Terms
beneficially own financial
voting and dispositive power financial
British Virgin Islands company regulatory
FAQ
What does HiTek Global Inc. (HKIT) disclose in this Form 3 filing?
How is Huang Xiaoyang’s ownership in HiTek Global (HKIT) structured?
Does this HiTek Global (HKIT) Form 3 show any recent insider trades?
Who is Fortune Enterprise Holdings Limited in relation to HiTek Global (HKIT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.