Who conducted the Jinxin Technology (NAMI) share sale disclosed in the Form 4?

The sale was conducted by Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by Jun Jiang. The filing attributes ownership indirectly to him, as Light Stream holds the American depositary shares and ordinary shares referenced in the reported transaction.

How is Jun Jiang related to Light Stream Holdings Ltd. in the Jinxin Technology (NAMI) filing?

Light Stream Holdings Ltd. is described as a British Virgin Islands company wholly-owned by Jun Jiang. Because of this relationship, the indirect ownership of the American depositary shares and ordinary shares held by Light Stream is reported for him in the Form 4.

Light Stream unit of Jinxin (NAMI) sells 1,000 ADS, keeps 3.1M

Q: What does each Jinxin Technology (NAMI) American depositary share represent?

Each American depositary share of Jinxin Technology represents 18 ordinary shares of Jinxin Technology Holding Company. This ratio is disclosed in the Form 4 footnotes and explains how ADS holdings correspond to the underlying ordinary share ownership structure.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Jinxin Technology Holding Co reported an insider-related sale through Light Stream Holdings Ltd., a British Virgin Islands company wholly-owned by CFO and COO Jun Jiang. Light Stream sold 1,000 American depositary shares at $0.364 per ADS in an open-market transaction.

Each ADS represents 18 ordinary shares of Jinxin Technology Holding Company. After this sale, Light Stream continues to hold 3,103,466 ADS indirectly for Jun Jiang, plus 2 ordinary shares, indicating the transaction affected only a very small portion of the overall position.

Insider Trade Summary

Net Seller: 1,000 shares ($364)

Net Sell 2 txns

Insider Jiang Jun Jason

Role CFO and COO

Sold 1,000 shs ($364.00)

Type	Security	Shares	Price	Value
Sale	American depositary shares	1,000	$0.364	$364.00
holding	Ordinary shares	--	--	--

Holdings After Transaction: American depositary shares — 3,103,466 shares (Indirect, By Light Stream Holdings Ltd.); Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.)

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.

Key Figures

ADS sold: 1,000 ADS Sale price per ADS: $0.364 per ADS ADS held after transaction: 3,103,466 ADS +2 more

5 metrics

ADS sold 1,000 ADS Open-market sale on reported transaction date

Sale price per ADS $0.364 per ADS Price for 1,000 ADS sold

ADS held after transaction 3,103,466 ADS Indirectly owned by Jun Jiang via Light Stream Holdings Ltd.

Ordinary shares per ADS 18 ordinary shares per ADS ADS-to-ordinary share ratio from footnote

Ordinary shares held 2 ordinary shares Indirectly held by Light Stream Holdings Ltd.

Key Terms

American depositary shares, open-market sale, indirect ownership, British Virgin Islands

4 terms

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 1,000 American depositary shares at $0.364"

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 nature_of_ownership: "By Light Stream Holdings Ltd.""

British Virgin Islands financial

"Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang."

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 06:32 AM

SEC Form 4

FORM 4

UNITED 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)

SHANGHAI

201210

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO and COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
American depositary shares⁽¹⁾	05/11/2026		S		1,000	D	$0.364	3,103,466	I	By Light Stream Holdings Ltd.⁽²⁾
Ordinary shares								2	I	By 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Jiang	05/13/2026
	** 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 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Jinxin Technology (NAMI) report on this Form 4?

Jinxin Technology reported that Light Stream Holdings Ltd., an entity wholly-owned by CFO and COO Jun Jiang, sold 1,000 American depositary shares in an open-market transaction at $0.364 per ADS, while retaining a much larger remaining ADS position.

How many Jinxin Technology (NAMI) American depositary shares were sold and at what price?

Light Stream Holdings Ltd. sold 1,000 American depositary shares of Jinxin Technology at a price of $0.364 per ADS. The transaction was classified as an open-market or private sale under transaction code “S” on the reported transaction date.

What is Light Stream Holdings Ltd.’s remaining Jinxin Technology (NAMI) position after the sale?

After the transaction, Light Stream Holdings Ltd. holds 3,103,466 American depositary shares of Jinxin Technology and 2 ordinary shares, all reported as indirect holdings for Jun Jiang. This shows the 1,000 ADS sale was small relative to the remaining stake.