Top KingWin (WAI) director discloses initial Class A share holdings

Q: What does Top KingWin (WAI) director Liao Zhanlin report in this Form 3?

The filing shows that director Liao Zhanlin holds 17,601 Class A Ordinary Shares of Top KingWin Ltd (WAI) . This is an initial ownership statement, establishing his reported equity stake when he became subject to insider reporting rules.

Q: How many Top KingWin (WAI) shares does Liao Zhanlin beneficially own?

Liao Zhanlin reports beneficial ownership of 17,601 Class A Ordinary Shares of Top KingWin Ltd . The filing lists this as his total shares following the reported entry, providing investors with a baseline view of his direct equity position in the company.

Q: Are Liao Zhanlin’s Top KingWin (WAI) shares held directly or indirectly?

The Form 3 indicates direct ownership , with the ownership code marked as D . This means the 17,601 Class A Ordinary Shares are reported as held directly by Liao Zhanlin, rather than through a trust, fund, or other indirect entity structure.

Q: What type of security does Top KingWin (WAI) director Liao Zhanlin hold?

The reported security is Class A Ordinary Shares of Top KingWin Ltd (WAI) . The filing states that 17,601 of these shares are owned directly, giving a clear picture of the specific class and amount of equity tied to the director’s position.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Top KingWin Ltd director Liao Zhanlin filed an initial ownership report, listing 17,601 Class A Ordinary Shares held directly. This Form 3 filing establishes his current equity position in the company and does not show any recent share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Liao Zhanlin

Role null

Type	Security	Shares	Price	Value
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Class A Ordinary Shares — 17,601 shares (Direct, null)

Footnotes (1)

Key Figures

Director share holdings: 17,601 shares

1 metrics

Director share holdings 17,601 shares Class A Ordinary Shares held directly after reported entry

Key Terms

Class A Ordinary Shares, direct ownership, Form 3

3 terms

Class A Ordinary Shares financial

"security_title: "Class A Ordinary Shares""

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.

direct ownership financial

"ownership_type: "direct" with ownership_code "D""

Form 3 regulatory

"INSIDER FILING DATA (Form 3)"

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.

Understanding Insider Trading Forms →

05/15/2026 - 10:20 AM

SEC Form 3

FORM 3

UNITED 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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Liao Zhanlin

(Last)

(First)

(Middle)

ROOM 1304, BUILDING 25, 555 N.PANYU AVE.

TIAN'AN HEADQUARTERS CENTER, DONGHUAN ST

(Street)

GUANGZHOU

GUANGDONG

511400

(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
Top KingWin Ltd [ WAI ]

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)

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

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

X	Form 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)
Class A Ordinary Shares	17,601	D

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)

Explanation of Responses:

	/s/ Zhanlin Liao	05/15/2026
	** 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 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)

Source: View Original Filing on SEC EDGAR

FAQ

What does Top KingWin (WAI) director Liao Zhanlin report in this Form 3?

The filing shows that director Liao Zhanlin holds 17,601 Class A Ordinary Shares of Top KingWin Ltd (WAI). This is an initial ownership statement, establishing his reported equity stake when he became subject to insider reporting rules.

How many Top KingWin (WAI) shares does Liao Zhanlin beneficially own?

Liao Zhanlin reports beneficial ownership of 17,601 Class A Ordinary Shares of Top KingWin Ltd. The filing lists this as his total shares following the reported entry, providing investors with a baseline view of his direct equity position in the company.

Did the Top KingWin (WAI) Form 3 show any recent insider buying or selling?

No recent insider buying or selling is shown; the entry is categorized as a holding. The Form 3 simply records that director Liao Zhanlin directly holds 17,601 Class A Ordinary Shares, serving as an initial ownership disclosure rather than a trade report.

Are Liao Zhanlin’s Top KingWin (WAI) shares held directly or indirectly?

The Form 3 indicates direct ownership, with the ownership code marked as D. This means the 17,601 Class A Ordinary Shares are reported as held directly by Liao Zhanlin, rather than through a trust, fund, or other indirect entity structure.

What type of security does Top KingWin (WAI) director Liao Zhanlin hold?

The reported security is Class A Ordinary Shares of Top KingWin Ltd (WAI). The filing states that 17,601 of these shares are owned directly, giving a clear picture of the specific class and amount of equity tied to the director’s position.