WF International (WXM) CEO Chen Ke reports indirect holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WF International Ltd. director and Chief Executive Officer Chen Ke filed an initial statement of beneficial ownership of the company’s ordinary shares. The filing reports indirect holdings of 2,805,000 ordinary shares through KeC Holdings Limited, a BVI company wholly owned by Chen Ke, and 1,045,000 ordinary shares through JingshanY Holdings Limited, a BVI company wholly owned by her husband, Jinshan Yao. The entry is a Form 3, which records existing positions rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chen Ke
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares, par value $0.000001 per share | -- | -- | -- |
| holding | Ordinary Shares, par value $0.000001 per share | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares, par value $0.000001 per share — 2,805,000 shares (Indirect, By KeC Holdings Limited, a BVI company wholly owned by Ke Chen.)
Footnotes (1)
FAQ
What does WF International (WXM) disclose in Chen Ke’s Form 3 filing?
The Form 3 filing discloses Chen Ke’s indirect beneficial ownership of WF International ordinary shares. It reports existing positions held through two BVI entities associated with her and her husband, rather than any new purchase or sale transactions.
What stake in WF International (WXM) is reported via JingshanY Holdings Limited?
The document reports 1,045,000 WF International ordinary shares held indirectly through JingshanY Holdings Limited. This BVI company is wholly owned by Jinshan Yao, Chen Ke’s husband, and these shares are included in her reported beneficial holdings.
Why is Chen Ke required to file a Form 3 for WF International (WXM)?
Form 3 is required when someone becomes an insider, such as a director or officer. As WF International’s director and Chief Executive Officer, Chen Ke must report her beneficial holdings when she first assumes insider status under U.S. securities rules.