Large Meiwu Technology (WNW) stake disclosed by director Xia Changbin
Rhea-AI Filing Summary
Meiwu Technology Co Ltd director and over 10% owner Xia Changbin filed an initial Form 3 reporting his shareholdings. He reports direct ownership of 13,500,000 Ordinary Shares and indirect ownership of 7,285 Ordinary Shares held through Union International Company Limited. The footnotes state he holds a 38.78% economic interest in Union International and has voting and investment control over those shares, consolidating both direct and indirect positions in this disclosure. The filing records holdings only and does not report any new buy or sell transactions.
Positive
- None.
Negative
- None.
Insights
Form 3 details a large, pre-existing ownership stake with no new trades.
This Form 3 shows that Xia Changbin is both a director and more than 10% owner of Meiwu Technology Co Ltd, with 13,500,000 Ordinary Shares held directly plus 7,285 shares held indirectly via Union International Company Limited.
The footnote clarifies he owns a 38.78% economic interest in Union International and has voting and investment control, so these indirect shares represent real influence. Because the filing reports only holdings and no buy or sell transactions, it is largely administrative and does not, by itself, change the investment thesis.
FAQ
What does the Meiwu Technology (WNW) Form 3 filed by Xia Changbin report?
How many Meiwu Technology (WNW) shares does Xia Changbin hold directly and indirectly?
What is Union International Company Limited’s role in Xia Changbin’s Meiwu (WNW) holdings?
Does the Meiwu Technology (WNW) Form 3 show any insider buying or selling by Xia Changbin?
Why is Xia Changbin considered a more than 10% owner of Meiwu Technology (WNW)?