Director Li Dan reports 1,925 Class A Zhongchao (NASDAQ: ZCMD) shares

Rhea-AI Filing Summary

Zhongchao Inc. director Li Dan has filed an initial ownership report showing direct holdings of 1,925 Class A Ordinary Shares. This Form 3 does not disclose a new purchase or sale; it simply records existing ownership. Each Class A Ordinary Share carries 1 vote, while Class B Ordinary Shares carry 1,000 votes and can convert into Class A on a one-for-one basis.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

LI DAN

(Last) (First) (Middle)

CO ZHONGCHAO INC. RM 2504 OOCL PLZ

841 YAN'AN MID RD JING'AN DIST

(Street)

SHANGHAI BEIJING 200040

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Zhongchao Inc. [ ZCMD ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares(1)	1,925	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Class B Ordinary Shares are convertible into Class A Ordinary Shares at holders' option at any time on a one for one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance. Each Class A Ordinary Share entitles to 1 vote and each Class B Ordinary Share entitles to 1,000 votes.

	/s/ Dan Li	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Zhongchao Inc. (ZCMD) Form 3 for Li Dan report?

The Form 3 shows director Li Dan’s existing ownership of 1,925 Class A Ordinary Shares of Zhongchao Inc. It is an initial ownership statement, not a record of a new purchase or sale, and establishes the baseline equity position.

How many Zhongchao Inc. (ZCMD) shares does Li Dan hold?

Li Dan is reported to hold 1,925 Class A Ordinary Shares of Zhongchao Inc. These shares are held directly. The filing does not list any derivative securities, option positions, or recent transactions, just this current ownership amount.

Is Li Dan’s Form 3 for Zhongchao Inc. a buy or sell transaction?

No, Li Dan’s Form 3 is not a buy or sell transaction. It is an initial statement of beneficial ownership, listing 1,925 Class A Ordinary Shares already held, with no reported purchases, sales, or option exercises in this filing.

What voting rights do Zhongchao Inc. (ZCMD) Class A and Class B shares have?

Each Class A Ordinary Share has 1 vote, while each Class B Ordinary Share has 1,000 votes. Class B shares can be converted into Class A shares on a one-for-one basis, but Class A shares cannot convert into Class B shares.

Are Li Dan’s Zhongchao Inc. (ZCMD) shares held directly or indirectly?

The Form 3 states Li Dan’s 1,925 Class A Ordinary Shares are held directly. There is no indication of indirect holdings through entities such as trusts or partnerships in this filing, and no footnote reallocates voting or investment authority.