Mingteng (MTEN) director reports large indirect Class A and B stakes
Rhea-AI Filing Summary
Mingteng International Corp Inc. director and ten percent owner Ding Jingzhu reported existing indirect ownership positions on a Form 3. The filing shows indirect holdings of 2,009,000 Class A Ordinary Shares and 2,091,000 Class B Ordinary Shares, each with a par value of $0.00001 per share.
The shares are held indirectly through corporate entities, including Jocelyn Ding Limited and DJZ Holding Limited. This Form 3 functions as an initial ownership report and does not show any new purchases or sales of Mingteng International Corp Inc. shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ding Jingzhu
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares, par value $0.00001 per share | -- | -- | -- |
| holding | Class B Ordinary Shares, par value $0.00001 per share | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.00001 per share — 2,009,000 shares (Indirect, By Corporation);
Class B Ordinary Shares, par value $0.00001 per share — 2,091,000 shares (Indirect, By Corporation)
Footnotes (1)
- F1. Ding Jingzhu indirectly holds the shares of Mingten International Corporation Inc. through directly holding 100% of the shares of Jocelyn Ding Limited, thereby indirectly holding 100% of the shares of DJZ Holding Limited.
Key Figures
Indirect Class A holdings: 2,009,000 shares
Indirect Class B holdings: 2,091,000 shares
Par value per share: $0.00001 per share
3 metrics
Indirect Class A holdings
2,009,000 shares
Class A Ordinary Shares, par value $0.00001 per share, after reported holdings
Indirect Class B holdings
2,091,000 shares
Class B Ordinary Shares, par value $0.00001 per share, after reported holdings
Par value per share
$0.00001 per share
Applies to both Class A and Class B Ordinary Shares disclosed
Key Terms
Class A Ordinary Shares, Class B Ordinary Shares, ten percent owner, indirect ownership, +1 more
5 terms
ten percent owner financial
"reporting person is marked as a ten percent owner of the issuer"
indirect ownership financial
"Ding Jingzhu indirectly holds the shares of Mingteng International Corporation Inc."
par value financial
"par value $0.00001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Mingteng International Corp Inc. (MTEN) disclose in this Form 3?
Mingteng International Corp Inc. discloses the initial beneficial ownership of director and ten percent owner Ding Jingzhu. The filing lists indirect holdings of Class A and Class B Ordinary Shares through corporate entities, without reporting any new purchases or sales of MTEN stock.
Is this MTEN Form 3 reporting a new insider trade?
No, this Form 3 does not report a new insider trade. It serves as an initial ownership statement, listing existing indirect holdings of Class A and Class B Ordinary Shares, with no buy or sell transaction codes or prices disclosed for Mingteng International Corp Inc. stock.