Jun Jiang (NAMI) sells 7,000 ADS via Light Stream Holdings
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and executive Jun Jiang reported indirect sales of American depositary shares of NAMI through Light Stream Holdings Ltd. On May 21, 2026, Light Stream sold 2,000 ADS at $0.3510 per share and 5,000 ADS at $0.3450, totaling 7,000 ADS in open-market transactions. Each ADS represents 18 ordinary shares of Jinxin Technology Holding Company. After these sales, Light Stream, which is wholly owned by Jun Jiang, still holds a stake of more than three million ADS in the company indirectly on his behalf.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares
Net Sell
3 txns
Insider
Jiang Jun Jason
Role
CFO and COO
Sold
7,000 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American depositary shares | 5,000 | $0.345 | $2K |
| Sale | American depositary shares | 2,000 | $0.351 | $702.00 |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 3,026,370 shares (Indirect, By Light Stream Holdings Ltd.);
Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.)
Footnotes (2)
- F1. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
- F2. Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang.
Key Figures
ADS sold: 7,000 ADS
Sale price 1: $0.3510 per ADS
Sale price 2: $0.3450 per ADS
+2 more
5 metrics
ADS sold
7,000 ADS
Total American depositary shares sold on May 21, 2026
Sale price 1
$0.3510 per ADS
Price for 2,000 ADS sold in one transaction
Sale price 2
$0.3450 per ADS
Price for 5,000 ADS sold in a second transaction
ADS to ordinary ratio
1 ADS : 18 ordinary shares
Each ADS represents 18 ordinary shares of the company
Indirect ADS holdings
More than 3,000,000 ADS
Approximate indirect position remaining after the reported sales
Key Terms
American depositary shares, open-market sale, indirect ownership, wholly-owned
4 terms
open-market sale financial
"transaction_action": "open-market sale""
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""
wholly-owned financial
"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."
A wholly-owned business is one that is 100% owned by another company, meaning the parent holds all shares and controls decisions. For investors, this matters because the parent company must include the wholly-owned business’s results and liabilities in its own financial picture, so any profits, losses or risks from that unit directly affect the parent’s value—like owning an entire rental property rather than sharing it with partners.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NAMI executive Jun Jiang report on May 21, 2026?
Jun Jiang reported indirect sales of 7,000 American depositary shares of NAMI on May 21, 2026. The trades were executed by Light Stream Holdings Ltd. in open-market transactions at prices between $0.3450 and $0.3510 per ADS.
Who actually holds and sold the NAMI ADS reported for Jun Jiang?
The NAMI ADS are held and sold by Light Stream Holdings Ltd., a British Virgin Islands company wholly owned by Jun Jiang. The Form 4 characterizes his ownership as indirect, with Light Stream acting as the holding entity for these shares.
Did Jun Jiang retain a significant NAMI position after the reported ADS sales?
Yes. After selling 7,000 ADS, the filing shows Light Stream Holdings Ltd. still holding more than three million NAMI American depositary shares indirectly for Jun Jiang. This indicates the reported sales represent a small portion of the overall indirect position.