Large WiMi (WIMI) stakes reported by director and ten percent owner
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WiMi Hologram Cloud Inc. director and ten percent owner Zhao Jie J filed an initial ownership report. The filing shows indirect holdings of 2,079,594 Class B Ordinary Shares through Vital Success Global Ltd. and Wonderful Seed Ltd., and 1,005,778 Class A Ordinary Shares through Wimi Jack Holdings Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zhao Jie J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares, $0.002 Par Value | -- | -- | -- |
| holding | Class B Ordinary Shares, $0.002 Par Value | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares, $0.002 Par Value — 1,005,778 shares (Indirect, Through Wimi Jack Holdings Ltd.);
Class B Ordinary Shares, $0.002 Par Value — 2,079,594 shares (Indirect, Through Vital Success Global Ltd. and Wonderful Seed Ltd.)
Footnotes (1)
Key Figures
Indirect Class B holdings: 2,079,594 shares
Indirect Class A holdings: 1,005,778 shares
Holding entries in filing: 2 entries
3 metrics
Indirect Class B holdings
2,079,594 shares
Class B Ordinary Shares, $0.002 par value, indirect
Indirect Class A holdings
1,005,778 shares
Class A Ordinary Shares, $0.002 par value, indirect
Holding entries in filing
2 entries
Two holding-type records reported on Form 3
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, ten percent owner, indirect ownership, +1 more
5 terms
ten percent owner financial
"is_ten_percent_owner: 1"
indirect ownership financial
"ownership_type: indirect, ownership_code: I"
beneficial ownership financial
"Form 3 initial statement of beneficial ownership of securities"
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.
FAQ
What does WiMi (WIMI) insider Zhao Jie J report on this Form 3?
The Form 3 shows Zhao Jie J’s initial beneficial ownership in WiMi, reporting large indirect stakes in both Class A and Class B Ordinary Shares held through affiliated entities, rather than detailing any recent share purchases or sales.
Does this WiMi (WIMI) Form 3 show any insider buying or selling activity?
The Form 3 functions as an initial ownership statement and lists Zhao Jie J’s existing indirect holdings. It does not classify the entries as open-market purchases or sales, focusing instead on the number and type of shares beneficially owned.