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Ning Ding & DNR Tech Hold 59.62% of ZJK (ZJK) after Reclassification

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

ZJK Industrial Co., Ltd. Schedule 13G/A amendment reports beneficial ownership by DNR Technology Co., Ltd. and Ning Ding following a share reclassification effective March 16, 2026. The filing shows 38,050,188 shares held by DNR Technology and 38,350,188 shares beneficially owned by Ning Ding, representing 59.62% of outstanding ordinary shares as of March 31, 2026.

The filing explains that 6,000,000 shares held by DNR Technology were reclassified as Class B Ordinary Shares convertible one-for-one into Class A Ordinary Shares, with Class B holders entitled to 30 votes per share. The ownership percentages are calculated from 64,322,249 ordinary shares outstanding (comprised of 55,322,249 Class A and 9,000,000 Class B shares) as of the stated date.

Positive

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Insights

Majority voting influence rests with DNR/Ning Ding after reclassification.

The filing shows an aggregate beneficial ownership of 59.62% based on 64,322,249 ordinary shares as of March 31, 2026. It details a share capital reorganization effective March 16, 2026 that produced 9,000,000 Class B shares, 6,000,000 of which are held by DNR Technology and convertible one-for-one into Class A shares.

Key governance signal: Class B shares carry 30 votes per share, which concentrates voting power. Subsequent disclosures or transaction filings would show any changes; cash‑flow treatment and sale intentions are not stated in the excerpt.

DNR holdings 38,050,188 shares Class A-equivalent holdings reported for DNR Technology Co., Ltd.
Ning Ding beneficial ownership 38,350,188 shares Aggregate beneficially owned shares reported for Ning Ding
Percent owned 59.62% Percentage of ordinary shares outstanding as of March 31, 2026
Shares outstanding 64,322,249 shares Total ordinary shares outstanding used for percentage calculation as of March 31, 2026
Class B reclassified 6,000,000 shares Shares held by DNR re-designated as Class B Ordinary Shares on one-for-one basis
Class B total 9,000,000 shares Total Class B Ordinary Shares outstanding as of March 31, 2026
Voting multiple 30 votes/share Voting entitlement for Class B Ordinary Shares
Class B Ordinary Shares regulatory
"6,000,000 Class B Ordinary Shares convertible one-for-one into Class A"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
beneficially owned regulatory
"Represents 38,050,188 Class A ordinary shares beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole Dispositive Power 38,050,188.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
share capital reorganization regulatory
"As a result of share capital reorganization of the Issuer, effective on March 16, 2026"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

Who beneficially owns shares of ZJK (ZJK) according to this filing?

The filing reports DNR Technology Co., Ltd. and Ning Ding as reporting persons. DNR holds 38,050,188 Class A-equivalent shares and Ning Ding beneficially owns 38,350,188 shares in aggregate as stated.

What percentage of ZJK's voting power is reported?

The filing states beneficial ownership equal to 59.62% of the issuer's ordinary shares. This percentage is calculated from 64,322,249 total ordinary shares outstanding as of March 31, 2026.

What changed in the share reclassification disclosed in the Schedule 13G/A?

A share capital reorganization effective March 16, 2026 re-designated certain shares: 6,000,000 shares held by DNR were reclassified as Class B Ordinary Shares, convertible one-for-one into Class A Ordinary Shares.

How do Class B Ordinary Shares differ in voting rights?

Class B Ordinary Shares carry 30 votes per share while Class A Ordinary Shares carry 1 vote per share, as stated in the filing, concentrating control with Class B holders.

What is the total share count used to compute ownership in this filing?

Ownership percentage is based on 64,322,249 ordinary shares outstanding, comprising 55,322,249 Class A Ordinary Shares and 9,000,000 Class B Ordinary Shares, per the filing's stated records.





G98Y9E102

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Note for Rows 5, 7 and 9: Represents 38,050,188 Class A ordinary shares beneficially owned by the reporting person, consisting of (i) 32,050,188 Class A ordinary shares (the "Class A Ordinary Shares"), par value US$0.000016666667 per share, of ZJK Industrial Co., Ltd. (the "Issuer") held by DNR Technology Co., Ltd., and (ii) 6,000,000 Class A ordinary shares issuable to DNR Technology Co., Ltd. upon the conversion of 6,000,000 Class B ordinary shares (the "Class B Ordinary Shares"), par value US$0.000016666667 per share, of the Issuer, held by it. Class B Ordinary Shares are convertible into Class A Ordinary Shares at any time after issuance at the option of the holder on a one-for-one basis. Holders of Class B Ordinary Shares are entitled to thirty (30) votes per share, and holders of Class A Ordinary Shares are entitled to one (1) vote per share, on all matters decided by poll at any general meeting. DNR Technology Co., Ltd. is a limited liability company incorporated under the British Virgin Islands laws. The person having voting, dispositive or investment powers over DNR Technology Co., Ltd. is Ning Ding. As a result of share capital reorganization of the Issuer, effective on March 16, 2026, the Issuer re-designated and re-classified its authorized and issued share capital, pursuant to which, among other things, 6,000,000 shares held by DNR Technology Co., Ltd. were re-designated and re-classified as Class B Ordinary Shares on a one-for-one basis and the remaining shares held by DNR Technology Co., Ltd. were re-designated and re-classified as Class A Ordinary Shares on a one-for-one basis. Note for Row 11: Percentage of beneficial ownership is based on 64,322,249 ordinary shares of the Issuer, comprising of 55,322,249 Class A Ordinary Shares and 9,000,000 Class B Ordinary Shares, outstanding as of March 31, 2026 according to records of the Issuer.


SCHEDULE 13G




Comment for Type of Reporting Person: Note for Rows 5, 7 and 9: Represents an aggregate of 38,350,188 Class A Ordinary Shares beneficially owned by the reporting person, consisting of (i) 300,000 Class A Ordinary Shares held directly by Ning Ding, (ii) 32,050,188 Class A Ordinary Shares held by DNR Technology Co., Ltd., which is in turn controlled by Ning Ding, and (iii) 6,000,000 Class A Ordinary Shares issuable upon the conversion of 6,000,000 Class B Ordinary Shares held by DNR Technology Co., Ltd. Class B Ordinary Shares are convertible into Class A Ordinary Shares at any time after issuance at the option of the holder on a one-for-one basis. Holders of Class B Ordinary Shares are entitled to thirty (30) votes per share, and holders of Class A Ordinary Shares are entitled to one (1) vote per share, on all matters decided by poll at any general meeting. As a result of share capital reorganization of the Issuer, effective on March 16, 2026, the Issuer re-designated and re-classified its authorized and issued share capital, pursuant to which, among other things, 6,000,000 shares held by DNR Technology Co., Ltd. were re-designated and re-classified as Class B Ordinary Shares on a one-for-one basis and the remaining shares held by Ning Ding and DNR Technology Co., Ltd. were re-designated and re-classified as Class A Ordinary Shares on a one-for-one basis. Note for Row 11: Percentage of beneficial ownership is based on 64,322,249 ordinary shares of the Issuer, comprising of 55,322,249 Class A Ordinary Shares and 9,000,000 Class B Ordinary Shares, outstanding as of March 31, 2026 according to records of the Issuer.


SCHEDULE 13G



DNR Technology Co., Ltd.
Signature:/s/ Ning Ding
Name/Title:Ning Ding, Director
Date:05/15/2026
Ning Ding
Signature:/s/ Ning Ding
Name/Title:Ning Ding
Date:05/15/2026
Exhibit Information

Exhibit 1 : Joint Filing Agreement