XCH director Ding Rui reports major shareholdings
XCH Ltd director Ding Rui has filed an initial statement of ownership.
Rhea-AI Filing Summary
XCH Ltd director Ding Rui has filed an initial statement of ownership. The filing shows direct holdings of 444,837,415 Class B Ordinary Shares and 187,541,724 Class A Ordinary Shares. Each Class B share is convertible into one Class A share at any time at the holder’s option and automatically converts to Class A on transfers to non-affiliates, while Class A shares cannot convert into Class B.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ding Rui
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 444,837,415 contracts (Direct);
Class A Ordinary Shares — 187,541,724 shares (Direct)
Footnotes (1)
- F1. Each Class B Ordinary Share of the Issuer, par value US$0.00001 per share (each, a "Class B Ordinary Share"), is convertible into one Class A Ordinary Share of the Issuer, par value US$0.00001 per share (each, a "Class A Ordinary Share"), at any time at the option of the holder thereof and have no expiration date. Upon any sale, transfer, assignment or disposition of Class B Ordinary Shares by the holder thereof to any person which is not an affiliate of such holder, or upon a change of beneficial ownership of any Class B Ordinary Shares as a result of which any person who is not an affiliate of the holder of such Class B Ordinary Shares becomes a beneficial owner of such Class B Ordinary Shares, such Class B Ordinary Shares shall be automatically and immediately converted into an equal number of Class A Ordinary Shares. The Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did XCH (XCH Ltd) director Ding Rui report in this Form 3?
Director Ding Rui reported existing ownership stakes in XCH Ltd, not new trades. The filing lists 444,837,415 Class B Ordinary Shares and 187,541,724 Class A Ordinary Shares held directly, establishing his starting ownership position as an insider.
AI-generated analysis. How Rhea-AI works. Not financial advice.