Texxon (NPT) CEO Hui Xu discloses large indirect ordinary share stakes
Rhea-AI Filing Summary
Texxon Holding Ltd director and CEO Hui Xu filed an initial Form 3 reporting indirect ownership of the company’s ordinary shares. The filing shows 5,837,887 ordinary shares held by EXCP WW Holding Limited and 818,780 ordinary shares held by EXCP XH Holding Limited, with Hui Xu deemed a beneficial owner through these entities and a spousal relationship.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
XU HUI
Role
Chief Executive officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 5,837,887 shares (Indirect, By EXCP WW Holding Limited);
Ordinary Shares — 818,780 shares (Indirect, By EXCP XH Holding Limited)
Footnotes (2)
- F1. Represents 5,837,887 ordinary shares held by EXCP WW Holding Limited ("EXCP WW"). Ms. Wei Wang is the sole shareholder and director and is deemed to beneficially own the ordinary shares held by EXCP WW. Mr. Hui Xu is the spouse of Ms. Wei Wang, and accordingly each of them is deemed to have beneficial ownership of the shares held by each other, unless any of them disclaims beneficial ownership of those shares.
- F2. Represents 818,780 ordinary shares held by EXCP XH Holding Limited ("EXCP XH"). Mr. Hui Xu is the sole shareholder and director of EXCP XH and is deemed to beneficially own the ordinary shares held by EXCP XH.
Key Figures
Indirect shares via EXCP WW: 5,837,887 ordinary shares
Indirect shares via EXCP XH: 818,780 ordinary shares
Holding entries: 2 entries
+1 more
4 metrics
Indirect shares via EXCP WW
5,837,887 ordinary shares
Held by EXCP WW Holding Limited; Wei Wang deemed beneficial owner
Indirect shares via EXCP XH
818,780 ordinary shares
Held by EXCP XH Holding Limited; Hui Xu deemed beneficial owner
Holding entries
2 entries
Transaction summary shows two holding entries and zero buys or sells
Unknown transaction records
2 records
Transaction summary lists unknownCount of 2 for these holdings
Key Terms
ordinary shares, beneficially own, indirect, spouse
4 terms
beneficially own financial
"Ms. Wei Wang is the sole shareholder and director and is deemed to beneficially own the ordinary shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirect financial
"total_shares_following_transaction ... ownership_type: "indirect", ownership_code: "I""
spouse financial
"Mr. Hui Xu is the spouse of Ms. Wei Wang, and accordingly each of them is deemed to have beneficial ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Texxon Holding Ltd (NPT) Form 3 for Hui Xu report?
The Form 3 reports Hui Xu’s indirect beneficial ownership of Texxon ordinary shares. Holdings are reported through EXCP WW Holding Limited and EXCP XH Holding Limited, reflecting existing positions rather than new market transactions or option exercises.
Is Hui Xu’s ownership in Texxon (NPT) direct or indirect?
The Form 3 classifies the reported holdings as indirect ownership. Shares are held via EXCP WW Holding Limited and EXCP XH Holding Limited, with Hui Xu deemed a beneficial owner under SEC rules through entity control and a spousal relationship.