Lianhe Sowell (LHSW) director details large indirect share stakes
Rhea-AI Filing Summary
Lianhe Sowell International Group Ltd director Jia Dengyao has filed an initial Form 3 detailing indirect ownership of the company’s ordinary shares. He is deemed to have voting and dispositive power over Class A Ordinary Shares held through several entities, including 15,000,000 shares held by Lianhe Holding Group Limited, 4,180,000 shares held by Patton Holding Group Limited, and additional Class A stakes of 15,035,000 and 400,000 shares held via an acting-in-concert arrangement with Lianyue Holding Limited. He also indirectly holds 600,000 Class B Ordinary Shares through Patton Holding Group Limited, which are convertible into Class A Ordinary Shares on a one-to-one basis and carry 100 votes per share, compared with 1 vote per Class A Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (1)
- 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. Lianhe Holding Group Limited is a limited liability company incorporated under the British Virgin Islands laws and wholly owned by Hainan Lianhe Enterprise Management Group Co., Ltd., a limited liability company incorporated under the laws of the PRC. Hainan Lianhe Enterprise Management Group Co., Ltd. is owned by Dengyao Jia (90%) and Hainan Younian Enterprise Management Co., Ltd. (10%), a limited liability company incorporated under the laws of the PRC. As the controlling shareholder and sole director of Lianhe Holding Group Limited, Dengyao Jia is deemed to have the voting and dispositive power with respect to the shares owned by this entity. The address of Lianhe Holding Group Limited is Sea Meadow House, (P.O. Box 116), Road Town, Tortola, British Virgin Islands. Patton Holding Group Limited, a British Virgin Islands company ("Patton Holding"), which is wholly owned by Dengyao Jia, resulting in Dengyao Jia being deemed to have voting, dispositive or investment powers over Patton Holding. Pursuant to an Acting-in-Concert Confirmation and Undertaking Agreement (the "AIC Agreement") entered into between Patton Holding and Lianyue Holding Limited on September 9, 2025, Patton Holding may be deemed to share voting power with respect to the Issuer's shares held by Lianyue Holding Limited.