Lianhe Sowell International Group Ltd Amended Initial Statement of Beneficial Ownership
Lianhe Sowell International Group Ltd director and CEO Zhu Yue filed an amended insider ownership report.
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Rhea-AI Filing Summary
Lianhe Sowell International Group Ltd director and CEO Zhu Yue filed an amended insider ownership report. The filing shows indirect holdings, through Lianyue Holding Limited, of 15,035,000 Class A Ordinary Shares and 400,000 Class B Ordinary Shares. Class B shares are convertible into Class A on a one-to-one basis and carry 100 votes per share versus 1 vote for each Class A share, concentrating voting power with these Class B holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class A Ordinary Shares | -- | -- | -- |
| Holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. Class B Ordinary Shares are convertible into Class A Ordinary Shares at holders' option at any time on a one-to-one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance. Each Class A Ordinary Share entitles to 1 vote and each Class B Ordinary Share entitles to 100 votes.
- F2. Lianyue Holding Limited ("Lianyue Holding") is a limited liability company incorporated under the British Virgin Islands laws and wholly-owned by Yue Zhu, who has the sole voting and dispositive power with respect to the shares owned by this entity.
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