Aurora Mobile (JG) CEO Luo reports large Class A, B and ADS stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Aurora Mobile Ltd disclosed the shareholdings of Chief Executive Officer and ten percent owner Weidong Luo through entities he controls and in his own name. He indirectly holds 7,100,000 Class A common shares and 17,000,189 Class B common shares through KK Mobile Limited, which he wholly owns. Class A shares carry one vote per share, while Class B shares carry ten votes per share and are convertible into Class A on a one-for-one basis. Luo also directly holds 5,350 American depositary shares, with every three ADS representing 40 Class A common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Luo Weidong
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class B Common Shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 7,100,000 shares (Indirect, By KK Mobile Limited);
Class B Common Shares — 17,000,189 shares (Indirect, By KK Mobile Limited);
American depositary shares — 5,350 shares (Direct)
Footnotes (1)
- Each holder of Class A common shares is entitled to one vote per share. Each holder of Class B common shares is entitled to ten votes per share. Class B common shares are convertible at any time by the holder into Class A common shares on a one-for-one basis while Class A common shares are not convertible into Class B common shares under any circumstances. KK Mobile Limited is wholly owned by Mr. Weidong Luo. Every three American depositary shares of the Issuer represent 40 Class A common shares.
FAQ
What insider ownership did JG CEO Weidong Luo report in this filing?
Weidong Luo reported large indirect and direct holdings in Aurora Mobile. He indirectly holds 7,100,000 Class A common shares and 17,000,189 Class B common shares via KK Mobile Limited, plus 5,350 American depositary shares held directly in his own name.
How does KK Mobile Limited relate to Aurora Mobile (JG) insider ownership?
KK Mobile Limited is the holding vehicle for Luo’s indirect stake. The company is wholly owned by Mr. Weidong Luo, through which he indirectly owns 7,100,000 Class A common shares and 17,000,189 Class B common shares of Aurora Mobile.