STOCK TITAN

Light Stream Holdings linked to NAMI (NAMI) CFO sells 40,000 ADS, keeps large stake

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Jinxin Technology Holding Co director and CFO/COO Jun Jiang, through Light Stream Holdings Ltd., reported open-market sales of a total of 40,000 American depositary shares (ADS) of NAMI on June 10, 2026, at prices between $0.285 and $0.345 per ADS. Following these transactions, Light Stream Holdings Ltd. is shown holding about 2,850,034 ADS indirectly for Jun Jiang. Each ADS represents 18 ordinary shares of Jinxin Technology Holding Co, and no derivative positions are reported in this filing.

Positive

  • None.

Negative

  • None.

Insights

Entity linked to NAMI’s CFO/COO sold 40,000 ADS while retaining a large remaining position.

Transactions attributed to Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by Jun Jiang, involve open-market sales of 40,000 ADS at prices from $0.285 to $0.345. These are coded as standard open-market sale transactions.

After the sales, the entity still holds about 2,850,034 ADS, indicating only a small fraction of its reported stake was sold. The filing shows no derivative securities, so this is a straightforward reduction in indirect ADS holdings without associated option exercises or conversions.

Insider Jiang Jun Jason
Role CFO and COO
Sold 40,000 shs ($13K)
Type Security Shares Price Value
Sale American depositary shares 5,000 $0.285 $1K
Sale American depositary shares 5,000 $0.295 $1K
Sale American depositary shares 10,000 $0.315 $3K
Sale American depositary shares 20,000 $0.345 $7K
holding Ordinary shares -- -- --
Holdings After Transaction: American depositary shares — 2,850,034 shares (Indirect, By Light Stream Holdings Ltd.); Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.)
Footnotes (1)
  1. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.
ADS sold 40,000 ADS Total open-market sales on June 10, 2026
Sale price range $0.285–$0.345 per ADS Prices for reported open-market transactions
ADS held after transactions 2,850,034 ADS Indirect holdings by Light Stream Holdings Ltd. after sales
ADS-to-ordinary ratio 1 ADS = 18 ordinary shares Economic interest per American depositary share
Largest single sale block 20,000 ADS Block sold at $0.345 per ADS
American depositary shares financial
"Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company."
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
open-market sale financial
"transaction_action: "open-market sale" for ADS transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I""
British Virgin Islands company regulatory
"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jiang Jun Jason

(Last)(First)(Middle)
FLOOR 8, BUILDING D, SHENGYIN BUILDING
SHENGXIA ROAD 666, PUDONG DISTRICT

(Street)
SHANGHAI201210

(City)(State)(Zip)

CHINA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Jinxin Technology Holding Co [ NAMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CFO and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
American depositary shares(1)06/10/2026S5,000D$0.2852,850,034IBy Light Stream Holdings Ltd.(2)
American depositary shares(1)06/10/2026S5,000D$0.2952,845,034IBy Light Stream Holdings Ltd.(2)
American depositary shares(1)06/10/2026S10,000D$0.3152,835,034IBy Light Stream Holdings Ltd.(2)
American depositary shares(1)06/10/2026S20,000D$0.3452,815,034IBy Light Stream Holdings Ltd.(2)
Ordinary shares2IBy Light Stream Holdings Ltd.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
2. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.
/s/ Jun Jiang06/12/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did NAMI report for Jun Jiang on this Form 4?

The Form 4 reports that an entity linked to Jun Jiang, Light Stream Holdings Ltd., sold 40,000 American depositary shares of NAMI in open-market transactions. These sales occurred on June 10, 2026, at prices between $0.285 and $0.345 per ADS.

Who actually sold NAMI shares in this Form 4 filing?

The sales were made by Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by Jun Jiang. The filing classifies the holdings as indirect, meaning the ADS are held through this entity rather than directly in Jun Jiang’s personal name.

How many NAMI American depositary shares were sold and at what prices?

Light Stream Holdings Ltd. sold a total of 40,000 NAMI American depositary shares. The reported transactions were executed at prices of $0.345, $0.315, $0.295, and $0.285 per ADS, reflecting multiple open-market sale trades on the same date.

How many NAMI shares does the entity linked to Jun Jiang hold after these sales?

Following the reported sales, Light Stream Holdings Ltd. is shown holding about 2,850,034 American depositary shares of NAMI. This means the 40,000 ADS sold represent only a small portion of the entity’s overall indirect position in the company.

What is the relationship between NAMI ADS and ordinary shares in this filing?

Each American depositary share of NAMI represents 18 ordinary shares of Jinxin Technology Holding Co. This ratio is disclosed in the Form 4 footnotes and helps investors understand the economic interest each ADS conveys in the company’s underlying ordinary shares.

Does this NAMI Form 4 include any stock options or other derivatives?

The filing’s derivative section is empty, indicating no option exercises, convertible security conversions, or other derivative transactions were reported. The activity consists solely of non-derivative ADS sales and a holding entry for a small number of ordinary shares held indirectly.