TH International CEO reports initial share holdings
TH International Ltd director and Chief Executive Officer Lu Yongchen has filed an initial Form 3 reporting his ownership in the company’s ordinary shares.
Rhea-AI Filing Summary
TH International Ltd director and Chief Executive Officer Lu Yongchen has filed an initial Form 3 reporting his ownership in the company’s ordinary shares. The filing lists several option-like positions over ordinary shares with exercise prices ranging from $0.0000 to $2.7822 per share and expirations between 2028 and 2033. It also shows an indirect holding of 315,661 ordinary shares held through L&L Tomorrow Holdings Limited, a British Virgin Islands company wholly owned by Lu. The disclosure establishes Lu’s baseline direct and indirect beneficial ownership, rather than recording any new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Lu Yongchen
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | ordinary shares | -- | -- | -- |
| holding | ordinary shares | -- | -- | -- |
| holding | ordinary shares | -- | -- | -- |
| holding | ordinary shares | -- | -- | -- |
| holding | ordinary shares | -- | -- | -- |
Holdings After Transaction:
ordinary shares — 979,398 contracts (Direct);
ordinary shares — 315,661 shares (Indirect, See footnote)
Footnotes (1)
- F1. Held by L&L Tomorrow Holdings Limited, a British Virgin Islands company wholly owned by the reporting person.
Key Figures
Underlying shares at $0.0000: 289,700 ordinary shares
Underlying shares at $2.7822 (2028): 289,700 ordinary shares
Underlying shares at $2.7822 (2031): 144,850 ordinary shares
+2 more
5 metrics
Underlying shares at $0.0000
289,700 ordinary shares
Option-like position, expiration May 1, 2028
Underlying shares at $2.7822 (2028)
289,700 ordinary shares
Option-like position, expiration May 1, 2028
Underlying shares at $2.7822 (2031)
144,850 ordinary shares
Option-like position, expiration April 1, 2031
Underlying shares at $0.0500
255,148 ordinary shares
Option-like position, expiration June 5, 2033
Indirect ordinary shares
315,661 ordinary shares
Held by L&L Tomorrow Holdings Limited
Key Terms
Form 3, beneficial ownership, indirect holding, exercise price, +2 more
6 terms
Form 3 regulatory
"has filed an initial Form 3 reporting his 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 financial
"The disclosure establishes Lu’s baseline direct and indirect beneficial ownership"
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.
indirect holding financial
"It also shows an indirect holding of 315,661 ordinary shares"
exercise price financial
"with exercise prices ranging from $0.0000 to $2.7822 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration dates financial
"with exercise prices ... and expirations between 2028 and 2033"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Lu Yongchen’s Form 3 for THCH disclose?
The Form 3 discloses Lu Yongchen’s initial beneficial ownership in TH International ordinary shares, including several option-like positions with specific exercise prices and expirations, plus an indirect block of shares held through L&L Tomorrow Holdings Limited.
Are there any buy or sell transactions in this THCH Form 3?
No, this Form 3 does not report new buy or sell transactions. It records Lu Yongchen’s existing direct and indirect holdings and option-like positions as his baseline beneficial ownership at the time of becoming a reporting insider.
What are the expiration dates of Lu Yongchen’s THCH option positions?
The disclosed option-like positions over TH International ordinary shares have expiration dates on May 1, 2028, April 1, 2031, and June 5, 2033, defining how long each grant remains exercisable under its stated terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
