Julong (NASDAQ: JLHL) CEO Hu Jiaqi reports 20M indirect Class A and B shares

Rhea-AI Filing Summary

Julong Holding Ltd director and Chief Executive Officer Hu Jiaqi filed an initial ownership report showing substantial indirect stakes in the company. The filing reports 10,000,000 Class A ordinary shares and 10,000,000 Class B ordinary shares held of record by Datongyi Holding Limited, an affiliated British Virgin Islands company.

Datongyi Holding Limited is primarily owned through entities ultimately controlled by Mr. Hu, and a smaller portion is owned through entities ultimately controlled by Mr. Shi Mingjian. According to an acting-in-concert agreement effective from May 30, 2025, Mr. Hu is entitled to direct the voting of shares held by Mr. Shi’s holding vehicles, consolidating voting power over these holdings.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hu Jiaqi

(Last) (First) (Middle)

ROOM 2009,BUILDING A,TIMES FORTUNE WORLD

NO.1 HANGFENG ROAD, FENGTAI DISTRICT

(Street)

BEIJING 100070

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Julong Holding Ltd [ JLHL ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary share	10,000,000	I	By Datongyi Holding Limited(1)(2)
Class B ordinary share	10,000,000	I	By Datongyi Holding Limited(1)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Datongyi Holding Limited is a British Virgin Islands company, in which (i) 96.0% of the equity interests are held by Qiren Holding Limited, a British Virgin Islands company wholly owned by Hushi Holding Limited, which is a British Virgin Islands company wholly owned by Mr. Hu Jiaqi, and (ii) 4.0% of the equity interests are held by Yueshan Holding Limited, a British Virgin Islands company wholly owned by Shishi Holding Limited, which is a British Virgin Islands company wholly owned by Mr. Shi Mingjian. Mr. Hu Jiaqi is entitled to the voting power pursuant to the acting-in-concert agreement with Mr. Shi Mingjian, effective from May 30, 2025, which provided that, among others, Mr. Shi shall take any action, including but not limited to vote, or cause to be voted, all of the shares of any entity of our company held by his or his holding vehicles, or over which he has voting power or control, in accordance with the instructions of Mr. Hu.

2. Represents 10,000,000 Class A ordinary shares held of record by Datongyi Holding Limited.

3. Represents 10,000,000 Class B ordinary shares held of record by Datongyi Holding Limited.

	/s/ Hu Jiaqi	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What insider ownership did Hu Jiaqi report in Julong Holding Ltd (JLHL)?

Hu Jiaqi reported large indirect holdings in Julong Holding Ltd. The Form 3 shows 10,000,000 Class A ordinary shares and 10,000,000 Class B ordinary shares held of record by Datongyi Holding Limited, an affiliated entity through which his ownership and voting power are structured.

How are Hu Jiaqi’s Julong (JLHL) shares held according to the Form 3?

The reported Julong shares are held indirectly via Datongyi Holding Limited. Both the 10,000,000 Class A and 10,000,000 Class B ordinary shares are registered to Datongyi, a British Virgin Islands company ultimately controlled through holding entities linked to Hu Jiaqi and Shi Mingjian.

Does the Julong (JLHL) Form 3 show any insider buying or selling?

The Form 3 does not report insider buying or selling. It is an initial statement of beneficial ownership listing holdings only, with two entries classified as holdings and no transactions coded as purchases, sales, gifts, or derivative exercises in the transaction summary.

What is Datongyi Holding Limited’s role in Julong Holding Ltd (JLHL) ownership?

Datongyi Holding Limited is the record holder of key Julong shares. It holds 10,000,000 Class A and 10,000,000 Class B ordinary shares. Its equity is mainly owned through entities ultimately controlled by Hu Jiaqi, with a smaller portion via entities controlled by Shi Mingjian.

How does the acting-in-concert agreement affect Julong (JLHL) voting power?

The acting-in-concert agreement consolidates voting power under Hu Jiaqi. Effective from May 30, 2025, it provides that Mr. Shi will vote or cause to be voted all shares he controls according to Mr. Hu’s instructions, enhancing Hu’s voting influence over Julong-related entities.

What classes of Julong (JLHL) shares are reported in this Form 3?

The filing reports both Class A and Class B ordinary shares. Specifically, it lists 10,000,000 Class A ordinary shares and 10,000,000 Class B ordinary shares, each held of record by Datongyi Holding Limited as disclosed in the ownership footnotes.