CEO-linked entity acquires 2M Lianhe Sowell Class B
Lianhe Sowell International Group Ltd CEO-linked entity acquires additional Class B shares.
Rhea-AI Filing Summary
Lianhe Sowell International Group Ltd CEO-linked entity acquires additional Class B shares. Lianyue Holding Limited, which is wholly owned by CEO Zhu Yue and for which Zhu has sole voting and dispositive power, acquired 2,000,000 Class B Ordinary Shares at $0.167 per share under a share subscription agreement with the company and its subsidiary. After this grant/award acquisition, Lianyue Holding indirectly holds 2,400,000 Class B Ordinary Shares and 15,035,000 Class A Ordinary Shares. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the holder’s option and carries 100 votes, while each Class A Ordinary Share carries 1 vote.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| Grant/Award | Class B Ordinary Shares | 2,000,000 | $0.167 | $334K |
Footnotes (3)
- 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.
- F3. Lianyue Holding entered into certain share subscription agreement with the Issuer and its subsidiary Shenzhen Sowell Technology Development Co., Ltd, pursuant to which, Lianyue Holding purchased in aggregate of 2,000,000 Class B Ordinary Shares from the Issuer at a per share purchase price of $0.167. The transaction was closed on April 9, 2026.
Key Figures
Key Terms
voting and dispositive power financial
convertible financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lianhe Sowell International Group (LHSW) report for Zhu Yue?
AI-generated analysis. How Rhea-AI works. Not financial advice.