STOCK TITAN

Chairman Yuan Li gains 99% voting control at JIADE (JDZG) after 2.9M-share grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

JIADE LIMITED adopted its 2026 Equity Incentive Plan and, under this plan, issued 2,900,000 Class B ordinary shares on April 6, 2026 to Chairman and Co-CEO Yuan Li as compensation for services. The shares, with a par value of US$0.0025 each, were issued in the name of JD LIYUAN LIMITED, a British Virgin Islands company wholly owned by Yuan Li. Following this issuance, Yuan Li now directly or indirectly controls approximately 99.09% of the voting power of JIADE’s issued and outstanding ordinary shares, effectively giving him near-total voting control over the company.

Positive

  • None.

Negative

  • Extreme voting control concentration: After issuing 2,900,000 Class B shares, Chairman Yuan Li controls about 99.09% of aggregate voting power, leaving minority shareholders with very limited ability to influence corporate decisions.

Insights

JIADE’s new equity award gives its chairman roughly 99% voting control.

The company granted 2,900,000 Class B ordinary shares under its 2026 Equity Incentive Plan to Chairman and Co-CEO Yuan Li via his wholly owned JD LIYUAN LIMITED. This is framed as compensation for services rendered.

After the grant, Yuan Li controls about 99.09% of aggregate voting power in JIADE’s ordinary shares. Such concentrated control can streamline decision-making but leaves public shareholders with very limited influence over key matters such as director elections and strategic transactions.

The filing also notes that the 2026 Equity Incentive Plan is now in place, with its full terms referenced in the Form 20-F exhibit filed on April 10, 2026. Subsequent disclosures may outline any further awards or dilution under this plan.

Equity grant size 2,900,000 Class B shares Issued on April 6, 2026 to Yuan Li under 2026 Equity Incentive Plan
Par value per share US$0.0025 per share Class B ordinary shares issued to Yuan Li
Post-issuance voting control 99.09% voting power Aggregate voting power of JIADE ordinary shares controlled by Yuan Li
Form type Form 6-K Report of foreign private issuer for April 2026
Plan reference exhibit Exhibit 4.5 2026 Equity Incentive Plan in Form 20-F filed April 10, 2026
Equity Incentive Plan financial
"the Company adopted the JIADE LIMITED 2026 Equity Incentive Plan (the “Plan”)"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Class B ordinary shares financial
"issued an aggregate of 2,900,000 Class B ordinary shares of the Company"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
aggregate voting power financial
"controls approximately 99.09% of the aggregate voting power of the issued"
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Form 20-F regulatory
"annual report on Form 20-F filed with the Securities and Exchange Commission"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission File Number: 001-42098

 

JIADE LIMITED

 

18/F, Block D, Huirong Plaza, No. 88, Section 3, Jinhua Road

Jinjiang District, Chengdu City, Sichuan Province

The People’s Republic of China
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F x   Form 40-F ¨

 

 

 

 

 

 

Share Issuance

 

On April 6, 2026, JIADE LIMITED (the “Company”) adopted the JIADE LIMITED 2026 Equity Incentive Plan (the “Plan”) to retain the best available personnel for positions of responsibility with the Company.

 

Pursuant to the Plan, on April 6, 2026, the Company issued an aggregate of 2,900,000 Class B ordinary shares of the Company, par value US$0.0025 per share (the “Shares”), to Mr. Yuan Li, the Chairman of the Board of Directors and Co-Chief Executive Officer of the Company, for his service rendered to the Company. The Shares were issued to and held under the name of JD LIYUAN LIMITED, a British Virgin Islands company that is 100% owned by Mr. Yuan Li, on Mr. Yuan Li’s behalf.

 

As a result of the issuance of the Shares, Mr. Yuan Li now directly or indirectly controls approximately 99.09% of the aggregate voting power of the issued and outstanding ordinary shares of the Company.

 

Exhibits

 

Exhibit No.   Description
10.1   JIADE LIMITED 2026 Equity Incentive Plan (incorporated herein by reference to Exhibit 4.5 to the annual report on Form 20-F filed with the Securities and Exchange Commission on April 10, 2026)

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  JIADE LIMITED
   
Date: April 10, 2026 By: /s/ Yuan Li
  Name: Yuan Li
  Title: Chairman of the Board of Directors

 

 

 

FAQ

What did JIADE LIMITED (JDZG) announce in its April 2026 report?

JIADE LIMITED disclosed adoption of its 2026 Equity Incentive Plan and issuance of 2,900,000 Class B ordinary shares to Chairman and Co-CEO Yuan Li as service compensation, significantly increasing his control over the company’s voting power.

How many shares did JIADE LIMITED (JDZG) issue to Yuan Li?

The company issued 2,900,000 Class B ordinary shares with a par value of US$0.0025 each to Chairman and Co-CEO Yuan Li under the 2026 Equity Incentive Plan, recognizing his services to the company through this equity-based award.

How much voting power does Yuan Li now hold in JIADE LIMITED (JDZG)?

Following the share issuance, Yuan Li directly or indirectly controls approximately 99.09% of the aggregate voting power of JIADE LIMITED’s issued and outstanding ordinary shares, effectively giving him near-total control over shareholder voting outcomes.

Through what entity are the new JIADE LIMITED (JDZG) shares held for Yuan Li?

The 2,900,000 Class B ordinary shares granted under the 2026 Equity Incentive Plan are issued to and held in the name of JD LIYUAN LIMITED, a British Virgin Islands company that is 100% owned by Yuan Li and holds the shares on his behalf.

What is the purpose of JIADE LIMITED’s 2026 Equity Incentive Plan?

The 2026 Equity Incentive Plan was adopted to retain the best available personnel for positions of responsibility at JIADE LIMITED, using share-based awards such as the 2,900,000 Class B ordinary shares granted to Chairman and Co-CEO Yuan Li for his service.

Where can investors find the full terms of JIADE LIMITED’s 2026 Equity Incentive Plan?

The full terms of JIADE LIMITED’s 2026 Equity Incentive Plan are incorporated by reference as Exhibit 4.5 to the company’s annual report on Form 20-F, filed with the U.S. Securities and Exchange Commission on April 10, 2026.