Jinxin Technology (NAMI) insider-linked entity sells 8,500 ADS in market trades
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and executive Jiang Jun Jason reported a series of indirect open‑market sales of American depositary shares of NAMI. An entity he wholly owns, Light Stream Holdings Ltd., sold a total of 8,500 American depositary shares on May 28, 2026 at prices between $0.2950 and $0.3100 per share. The sales were reported as indirect because the ADS are held by Light Stream Holdings Ltd., and each ADS represents 18 ordinary shares of Jinxin Technology Holding Company. Following these transactions, Light Stream Holdings Ltd. still holds a multi‑million ADS position according to the filing.
Positive
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Insights
Executive‑linked entity sells 8,500 ADS, remaining stake still in the millions.
The filing shows Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by Jiang Jun Jason, executed several open‑market sales totaling 8,500 American depositary shares of Jinxin Technology Holding Co on May 28, 2026. Sale prices ranged from $0.2950 to $0.3100 per ADS.
All reported sales were indirect, as the ADS are held by Light Stream Holdings Ltd., not by Jiang personally. The filing also notes that each ADS represents 18 ordinary shares of the company. Post‑trade share balances listed in the transactions indicate that Light Stream Holdings Ltd. continues to hold a multi‑million ADS position.
From an investor perspective, this appears as a modest net‑sell activity, given 8,500 ADS versus the multi‑million holdings disclosed. There are no derivative exercises or tax‑related dispositions in this filing, and no Rule 10b5‑1 trading plan is referenced in the provided excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 2,000 | $0.307 | $614.00 |
| Sale | American depositary shares | 1,000 | $0.301 | $301.00 |
| Sale | American depositary shares | 2,000 | $0.299 | $598.00 |
| Sale | American depositary shares | 2,000 | $0.295 | $590.00 |
| Sale | American depositary shares | 1,000 | $0.304 | $304.00 |
| Sale | American depositary shares | 500 | $0.31 | $155.00 |
| holding | Ordinary shares | -- | -- | -- |
Footnotes (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.