Huadi (HUDI) director Wang Jueqin discloses 1.66M-share indirect ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Huadi International Group Co., Ltd. director and ten percent owner Wang Jueqin has filed an initial statement of beneficial ownership. The filing reports indirect ownership of 1,664,000 Ordinary Shares of Huadi through Yongqiang Maituo Limited, a British Virgin Islands company.
According to the disclosure, Wang Jueqin is deemed to beneficially own these shares and has sole voting and dispositive power over all shares held by Yongqiang Maituo Limited. This Form 3 establishes his significant equity stake and control over these shares but does not report any recent share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wang Jueqin
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,664,000 shares (Indirect, By Yongqiang Maituo Limited)
Footnotes (1)
- [object Object]
Key Figures
Indirectly owned shares: 1,664,000 Ordinary Shares
Ownership type: Indirect (By Yongqiang Maituo Limited)
Reporting person roles: Director and ten percent owner
3 metrics
Indirectly owned shares
1,664,000 Ordinary Shares
Beneficial ownership reported for Wang Jueqin through Yongqiang Maituo Limited
Ownership type
Indirect (By Yongqiang Maituo Limited)
Nature of ownership for 1,664,000 Ordinary Shares
Reporting person roles
Director and ten percent owner
Status of Wang Jueqin at Huadi International Group Co., Ltd.
Key Terms
beneficially own, voting and dispositive power, Ordinary Shares, ten percent owner
4 terms
beneficially own financial
"Wang Jueqin is deemed to beneficially own 1,664,000 Ordinary Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
voting and dispositive power financial
"has the sole voting and dispositive power of all the shares"
ten percent owner financial
"reportingPersons ... "is_ten_percent_owner": 1"
FAQ
What does Huadi International (HUDI) director Wang Jueqin report in this Form 3?
Wang Jueqin reports initial beneficial ownership of 1,664,000 Ordinary Shares of Huadi International Group. These shares are held indirectly through Yongqiang Maituo Limited, establishing his status as a significant shareholder and ten percent owner in the company.
Is Wang Jueqin’s ownership in Huadi (HUDI) direct or indirect?
Wang Jueqin’s ownership is reported as indirect. The 1,664,000 Ordinary Shares are held by Yongqiang Maituo Limited, and the Form 3 notes that his nature of ownership is "By Yongqiang Maituo Limited," through which he is deemed to beneficially own the shares.
Does this Huadi (HUDI) Form 3 show recent insider buying or selling?
No transactions are reported. This Form 3 is an initial statement of beneficial ownership, listing that 1,664,000 Ordinary Shares are indirectly owned through Yongqiang Maituo Limited, without indicating any recent purchases or sales of Huadi shares.