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NIP Group (NIPG) EVP Tang Heng discloses 376,509 ADS stake on Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

NIP Group Inc. executive vice president Tang Heng filed an initial Form 3 reporting direct ownership of 376,509 American depositary shares (ADS). Each ADS represents two Class A ordinary shares of NIP Group Inc., so this filing simply discloses an existing equity stake rather than a new buy or sell transaction.

Positive

  • None.

Negative

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Insider Tang Heng
Role Executive Vice President
Type Security Shares Price Value
holding American depositary shares -- -- --
Holdings After Transaction: American depositary shares — 376,509 shares (Direct, null)
Footnotes (1)
  1. [object Object]
ADS holdings 376,509 American depositary shares Directly owned by executive vice president Tang Heng
ADS to ordinary share ratio 1 ADS = 2 Class A ordinary shares Each American depositary share represents two Class A ordinary shares
Form type Form 3 Initial statement of beneficial ownership by reporting person
American depositary shares financial
"Each American depositary share represents two Class A ordinary shares of NIP Group Inc."
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.
Class A ordinary shares financial
"represents two Class A ordinary shares of NIP Group Inc."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Form 3 regulatory
"filed an initial Form 3 reporting direct ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership regulatory
"initial statement of beneficial ownership, disclosing an existing position"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number:3235-0104
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1. Name and Address of Reporting Person*
Tang Heng

(Last)(First)(Middle)
NO.26, GAOXIN 2ND ROAD
EAST LAKE HIGH-TECH DEVELOPMENT ZONE

(Street)
WUHAN430000

(City)(State)(Zip)

CHINA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
NIP Group Inc. [ NIPG ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
American depositary shares(1)376,509D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each American depositary share represents two Class A ordinary shares of NIP Group Inc.
/s/ Heng Tang05/21/2026
** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Tang Heng’s Form 3 filing for NIPG report?

The Form 3 filing reports that executive vice president Tang Heng directly owns 376,509 American depositary shares of NIP Group Inc. It is an initial statement of beneficial ownership, disclosing an existing position rather than recording a new purchase or sale.

How many NIP Group Inc. ADSs does Tang Heng hold according to the filing?

According to the Form 3, Tang Heng holds 376,509 American depositary shares of NIP Group Inc. These shares are reported as directly owned, giving investors a snapshot of his existing equity stake in the company as of the reported date.

What do NIPG American depositary shares represent in this Form 3?

The footnote states that each American depositary share represents two Class A ordinary shares of NIP Group Inc. This means the ADS structure allows investors to hold interests in the company’s underlying Class A ordinary shares through a U.S.-traded instrument.

Did Tang Heng buy or sell NIPG shares in this Form 3 filing?

The Form 3 does not record a buy or sell transaction; it reports a holding entry. It shows Tang Heng’s direct ownership of 376,509 ADSs, serving as an initial statement of beneficial ownership rather than documenting a new trade in NIPG securities.

What role does Tang Heng hold at NIP Group Inc. in this filing?

The filing identifies Tang Heng as an Executive Vice President of NIP Group Inc. This officer role makes him a reporting person under SEC rules, requiring disclosure of his beneficial ownership in company securities through forms such as this Form 3.