Han Zhenfa reveals major indirect stake in ZYBT
Zhengye Biotechnology Holding Ltd director and major shareholder Han Zhenfa has filed an initial Form 3 reporting indirect holdings of the company’s ordinary shares.
Rhea-AI Filing Summary
Zhengye Biotechnology Holding Ltd director and major shareholder Han Zhenfa has filed an initial Form 3 reporting indirect holdings of the company’s ordinary shares. The filing lists 40,000,000 ordinary shares held by Securingium Holding Limited, 2,278,752 shares held by Vanguards Skyline Holdings Limited, and 684,996 shares held by VVAX Holdings Limited.
These entities are BVI and Chinese holding vehicles that are owned or controlled through structures in which Han is the settlor, beneficiary, protector, or managing partner, reflecting his status as a more than 10% beneficial owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Han Zhenfa
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary shares, par value US$0.000025 per share | -- | -- | -- |
| holding | Ordinary shares, par value US$0.000025 per share | -- | -- | -- |
| holding | Ordinary shares, par value US$0.000025 per share | -- | -- | -- |
Holdings After Transaction:
Ordinary shares, par value US$0.000025 per share — 40,000,000 shares (Indirect, By Securingium Holding Limited);
Ordinary shares, par value US$0.000025 per share — 2,278,752 shares (Indirect, By Vanguards Skyline Holdings Limited);
Ordinary shares, par value US$0.000025 per share — 684,996 shares (Indirect, By VVAX Holdings Limited)
Footnotes (1)
- F1. Represents (i) 40,000,000 ordinary shares held by Securingium Holding Limited, a BVI business company, 99.99% owned by TSset Holding Limited, which is in turn 100% owned by Trident Trust Company (HK) Limited as trustee of Generations United Trust, of which Zhenfa Han is. the settlor, beneficiary, and protector; (ii) 2,278,752 ordinary shares held by Vanguards Skyline Holdings Limited, a BVI business company, 100% owned by Changchun Feier Investment Center (Limited Partnership), which is 19.79% owned and ultimately controlled as managing partner by Zhenfa Han; and (iii) 684,996 ordinary shares held by VVAX Holdings Limited, a BVI business company, which is 100% owned by Jilin Zhengye Group Co., Ltd., which is 99% owned by Zhenfa Han. The business address of Securingium Holding Limited, Vanguards Skyline Holdings Limited, and VVAX Holdings Limited is No. 1 Lianmeng Road, Jilin Economic & Technical Development Zone, Jilin City, Jilin Province, China.
Key Figures
Indirect holding via Securingium Holding Limited: 40,000,000 ordinary shares
Indirect holding via Vanguards Skyline Holdings Limited: 2,278,752 ordinary shares
Indirect holding via VVAX Holdings Limited: 684,996 ordinary shares
3 metrics
Indirect holding via Securingium Holding Limited
40,000,000 ordinary shares
Ordinary shares, par value US$0.000025 per share
Indirect holding via Vanguards Skyline Holdings Limited
2,278,752 ordinary shares
Ordinary shares, par value US$0.000025 per share
Indirect holding via VVAX Holdings Limited
684,996 ordinary shares
Ordinary shares, par value US$0.000025 per share
Key Terms
Ordinary shares, BVI business company, Limited Partnership, trustee, +1 more
5 terms
BVI business company financial
"ordinary shares held by Securingium Holding Limited, a BVI business company"
A BVI Business Company is a legal entity formed under British Virgin Islands law that acts like a lightweight, flexible corporate container for holding assets, running operations, or owning subsidiaries. Investors care because it offers limited liability, simple setup, and tax-neutral treatment—similar to using a safe, portable box for investments—while also raising questions about transparency, regulatory oversight, and cross-border compliance that can affect risk and valuation.
Limited Partnership financial
"owned by Changchun Feier Investment Center (Limited Partnership)"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
trustee financial
"100% owned by Trident Trust Company (HK) Limited as trustee of Generations United Trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
settlor, beneficiary, and protector financial
"of which Zhenfa Han is. the settlor, beneficiary, and protector"
FAQ
What does the ZYBT Form 3 filed by Han Zhenfa report?
The Form 3 reports director and more than 10% owner Han Zhenfa’s indirect holdings of Zhengye Biotechnology’s ordinary shares through three affiliated entities, establishing his status as a significant beneficial owner at the time of the filing.
What type of security does the ZYBT Form 3 relate to?
The Form 3 relates to ordinary shares, par value US$0.000025 per share, of Zhengye Biotechnology Holding Ltd. All the reported positions through Securingium, Vanguards Skyline, and VVAX are in this same class of ordinary shares.
Why is Han Zhenfa classified as a more than 10% owner of ZYBT?
He is classified as a more than 10% owner because the Form 3 aggregates substantial indirect holdings, including 40,000,000, 2,278,752, and 684,996 ordinary shares through entities owned or ultimately controlled by him, indicating a significant beneficial stake.
AI-generated analysis. How Rhea-AI works. Not financial advice.
