YSX Tech (YSXT) director discloses indirect Class A and B stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
YSX Tech Co., Ltd director Zheng Weiqiang has reported his initial shareholdings in the company. The filing shows indirect ownership through Wei Qiang Zheng ZWQ Holding Limited, a British Virgin Islands company wholly owned by him.
The entity holds 566,772 Class A ordinary shares and 366,666 Class B ordinary shares, each with a par value of US$0.0001 per share. This Form 3 is an initial statement of beneficial ownership and does not report any recent share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zheng Weiqiang
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares, par value US$0.0001 per share | -- | -- | -- |
| holding | Class B ordinary shares, par value US$0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares, par value US$0.0001 per share — 566,772 shares (Indirect, By Wei Qiang Zheng ZWQ Holding Limited);
Class B ordinary shares, par value US$0.0001 per share — 366,666 shares (Indirect, By Wei Qiang Zheng ZWQ Holding Limited)
Footnotes (1)
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Key Figures
Indirect Class A ordinary shares: 566,772 shares
Indirect Class B ordinary shares: 366,666 shares
Par value per share: US$0.0001 per share
3 metrics
Indirect Class A ordinary shares
566,772 shares
Held via Wei Qiang Zheng ZWQ Holding Limited
Indirect Class B ordinary shares
366,666 shares
Held via Wei Qiang Zheng ZWQ Holding Limited
Par value per share
US$0.0001 per share
Applies to both Class A and Class B ordinary shares
Key Terms
Class A ordinary shares, Class B ordinary shares, indirect ownership, beneficial ownership, +1 more
5 terms
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By Wei Qiang Zheng ZWQ Holding Limited""
beneficial ownership financial
"initial statement of beneficial ownership and does not report any recent share purchases or sales"
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.
Form 3 regulatory
"This Form 3 is an initial statement of beneficial ownership"
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.
FAQ
What does YSXT’s Form 3 filing by Zheng Weiqiang disclose?
The Form 3 discloses director Zheng Weiqiang’s initial beneficial ownership in YSX Tech Co., Ltd (YSXT). It reports indirect holdings of both Class A and Class B ordinary shares through a wholly owned British Virgin Islands company.
Does the YSXT Form 3 show recent buying or selling by Zheng Weiqiang?
The Form 3 is described as an initial holding statement and does not include any buy or sell transaction codes. It lists share amounts following the report, with no explicit purchases or sales identified in the transaction summary.