[Form 3] Jin Medical International Ltd. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Jin Medical International Ltd. director and Chief Executive Officer Wang Erqi reported his beneficial ownership of the company’s ordinary shares. He beneficially owns 4,306,307 Class A Ordinary Shares through Jolly Harmony Enterprises Limited and Er Pu International Limited, and 1,000,000 Class B Ordinary Shares through Jolly Harmony Enterprises Limited, reflecting substantial indirect ownership and control over these holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wang Erqi
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary Shares — 4,306,307 shares (Indirect, By Jolly Harmony Enterprises Limited and Er Pu International Limited);
Class B Ordinary Shares — 1,000,000 shares (Indirect, By Jolly Harmony Enterprises Limited)
Footnotes (2)
- F1. The reporting person beneficially owns 4,306,307 Class A Ordinary Shares. Among these shares, 3,769,057 Class A Ordinary Shares are held directly of record by Jolly Harmony Enterprises Limited, of which the reporting person is the sole member and sole director. Additionally, 537,250 Class A Ordinary Shares are held directly of record by Er Pu International Limited. The reporting person owns 67% of the equity interests in Er Pu International Limited and, as a result of such ownership and his control over Er Pu International Limited, has the power to direct the voting and disposition of the shares held by Er Pu International Limited. Accordingly, the reporting person is deemed to beneficially own all 537,250 Class A Ordinary Shares held by Er Pu International Limited.
- F2. The reporting person beneficially owns 1,000,000 Class B Ordinary Shares, which are held directly of record by Jolly Harmony Enterprises Limited, of which the reporting person is the sole member and sole director.
Key Figures
Beneficial Class A holdings: 4,306,307 Class A Ordinary Shares
Class A via Jolly Harmony: 3,769,057 Class A Ordinary Shares
Class A via Er Pu International: 537,250 Class A Ordinary Shares
+1 more
4 metrics
Beneficial Class A holdings
4,306,307 Class A Ordinary Shares
Beneficially owned by Wang Erqi via controlled entities
Class A via Jolly Harmony
3,769,057 Class A Ordinary Shares
Held of record by Jolly Harmony Enterprises Limited
Class A via Er Pu International
537,250 Class A Ordinary Shares
Held of record by Er Pu International Limited
Beneficial Class B holdings
1,000,000 Class B Ordinary Shares
Held of record by Jolly Harmony Enterprises Limited
Key Terms
beneficially owns, Class A Ordinary Shares, Class B Ordinary Shares, indirect ownership, +1 more
5 terms
beneficially owns financial
"The reporting person beneficially owns 4,306,307 Class A Ordinary Shares."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
indirect ownership financial
"Shares are held of record by entities the reporting person controls, indicating indirect ownership."
voting and disposition financial
"has the power to direct the voting and disposition of the shares held"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership did Wang Erqi report in Jin Medical International (ZJYL)?
Wang Erqi reported beneficial ownership of 4,306,307 Class A Ordinary Shares and 1,000,000 Class B Ordinary Shares. These shares are held indirectly through entities he controls, giving him voting and disposition power over the reported positions.
How does Er Pu International Limited relate to Jin Medical (ZJYL) ownership?
Er Pu International Limited holds 537,250 Class A Ordinary Shares of Jin Medical. Wang Erqi owns 67% of Er Pu International and controls it, so he is deemed to beneficially own all shares held by this entity.
What does ‘beneficially owns’ mean in this ZJYL Form 3 filing?
“Beneficially owns” means Wang Erqi has power to direct voting and disposition of the shares, even though they are registered to entities like Jolly Harmony and Er Pu International. Control of these entities gives him beneficial ownership of their Jin Medical shares.