Ping An Biomedical (PASW) director reports 599,400 indirect shares on Form 3

Rhea-AI Filing Summary

Ping An Biomedical Co., Ltd. filed an initial insider ownership report for director Liu Qingxian. The filing shows indirect ownership of 599,400 Class A Ordinary Shares as of the reported date, held through SONIC FLASH LIMITED, which is attributed as the ownership vehicle. This Form 3 does not report any new share purchases or sales, only existing holdings.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Liu Qingxian

Role Director

Type	Security	Shares	Price	Value
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Class A Ordinary Shares — 599,400 shares (Indirect, Owner of SONIC FLASH LIMITED)

Footnotes (1)

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Accepted by SEC EDGAR 03/18/2026 - 10:33 AM Learn about SEC filing dates

FAQ

What does Ping An Biomedical (PASW) disclose in Liu Qingxian’s Form 3?

The Form 3 discloses that director Liu Qingxian has an indirect interest in 599,400 Class A Ordinary Shares of Ping An Biomedical, held through SONIC FLASH LIMITED. It records existing holdings rather than any new transactions.

Is Liu Qingxian buying or selling Ping An Biomedical (PASW) shares in this Form 3?

No, this Form 3 does not show any buying or selling activity. It is an initial ownership filing that simply reports an existing indirect position of 599,400 Class A Ordinary Shares held via SONIC FLASH LIMITED.

How many Ping An Biomedical (PASW) shares does Liu Qingxian indirectly hold?

The filing reports indirect ownership of 599,400 Class A Ordinary Shares. These shares are attributed to SONIC FLASH LIMITED, with Liu Qingxian listed as the owner of that entity, making the position indirect rather than directly held.

How are Ping An Biomedical (PASW) shares held by Liu Qingxian structured?

The shares are reported as held indirectly through SONIC FLASH LIMITED, noted as “Owner of SONIC FLASH LIMITED.” This means the position is owned via a separate entity rather than in Liu Qingxian’s personal name.

Does the Ping An Biomedical (PASW) Form 3 include any derivative securities for Liu Qingxian?

No, the Form 3 shows no derivative securities for Liu Qingxian. The derivative section is empty, indicating there are no options, warrants, or other derivatives reported in connection with this insider’s 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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Liu Qingxian

(Last) (First) (Middle)

1401, UNIT 1, BUILDING 210, JINJU HOME

DONGBA TOWNSHIP, CHAOYANG DISTRICT

(Street)

BEIJING 100000

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
07/29/2025

3. Issuer Name and Ticker or Trading Symbol
Ping An Biomedical Co., Ltd. [ PASW ]

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		10% Owner
	Officer (give title below)		Other (specify below)

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 Shares	599,400	I	Owner of SONIC FLASH LIMITED

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:

	/s/ Qingxian Liu	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)