CLPS (CLPS) director Yang Xiaofeng reports major direct and indirect holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CLPS Inc director and 10% owner Yang Xiaofeng filed an initial Form 3 showing his beneficial ownership of the company’s common shares. He indirectly holds 4,976,000 common shares through Qinrui Ltd., where he is the sole shareholder (through a trustee structure) and sole director with sole voting and dispositive control over those securities. He also directly holds 816,950 common shares in his own name.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
YANG XIAOFENG
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 4,976,000 shares (Indirect, See Footnote);
Common Shares — 816,950 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Indirect common shares: 4,976,000 shares
Direct common shares: 816,950 shares
2 metrics
Indirect common shares
4,976,000 shares
Indirectly held via Qinrui Ltd as of Form 3 date
Direct common shares
816,950 shares
Directly held by Yang Xiaofeng as of Form 3 date
Key Terms
Common Shares, trustee structure, voting and dispositive control
3 terms
trustee structure financial
"sole shareholder (through trustee structure) and sole director of Qinrui Ltd."
voting and dispositive control financial
"and has sole voting and dispositive control over such securities."
FAQ
What does the CLPS (CLPS) Form 3 filing by Yang Xiaofeng show?
The Form 3 shows that director and 10% owner Yang Xiaofeng reports his initial beneficial ownership in CLPS Inc. It discloses both his direct and indirect holdings of CLPS common shares as of the reporting date, without recording any new transactions.
What does indirect ownership via Qinrui Ltd mean in the CLPS (CLPS) filing?
Indirect ownership via Qinrui Ltd means the CLPS shares are registered to Qinrui Ltd., not to Yang personally. However, he is Qinrui’s sole shareholder through a trustee structure and sole director, giving him sole voting and dispositive control over those shares.