Director Liu Hao files initial Form 3 for J & Friends (JF) with no trades

Rhea-AI Filing Summary

J & Friends Holdings Ltd director Liu Hao filed an initial Form 3 to report beneficial ownership status in the company’s securities. The filing lists Liu Hao as a director and shows no insider buy, sell, exercise, gift, or other transactions reported in this statement.

Key Figures

Insider buy transactions: 0 transactions Insider sell transactions: 0 transactions Net buy/sell shares: 0 shares +1 more

4 metrics

Insider buy transactions 0 transactions BuyCount in Form 3 transaction summary

Insider sell transactions 0 transactions SellCount in Form 3 transaction summary

Net buy/sell shares 0 shares NetBuySellShares in Form 3 transaction summary

Derivative transactions 0 transactions DerivativeTransactionCount in Form 3 transaction summary

Key Terms

Form 3, reporting person, beneficial ownership

3 terms

Form 3 regulatory

"INSIDER FILING DATA (Form 3):"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

reporting person regulatory

""reportingPersons": [ { "name": "Liu Hao""

beneficial ownership financial

"initial Form 3 to report beneficial ownership status"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Understanding Insider Trading Forms →

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

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Liu Hao

(Last) (First) (Middle)

C/O J AND FRIENDS HOLDINGS LTD, TOWER A

56 EAST 4TH RING ROAD MIDDLE, 7TH FLOOR

(Street)

BEIJING 100025

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/07/2026

3. Issuer Name and Ticker or Trading Symbol
J & Friends Holdings Ltd [ JF ]

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)

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:

No securities are beneficially owned.

	/s/ Hao Liu	04/07/2026
	** 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 Liu Hao’s Form 3 filing for JF indicate?

The Form 3 filing indicates that director Liu Hao has formally reported their beneficial ownership status in J & Friends Holdings Ltd (JF). The statement shows no insider purchases, sales, option exercises, gifts, or other equity transactions reported in this filing.

Were any JF shares bought or sold in Liu Hao’s Form 3?

No, the Form 3 for Liu Hao reports no buy or sell transactions in J & Friends Holdings Ltd securities. Transaction counts for purchases, sales, exercises, gifts, and other actions are all listed as zero in the summary data.

Does Liu Hao’s Form 3 include any derivative securities for JF?

No, the filing shows no derivative securities for Liu Hao related to J & Friends Holdings Ltd. The derivative summary is empty, and the transaction summary lists zero derivative transactions and zero shares tied to option exercises or other derivative activity.

What is the overall net share activity in this JF Form 3?

The overall net share activity reported is zero. The transaction summary for Liu Hao shows no purchases, sales, gifts, tax withholdings, restructurings, or exercises, resulting in net buy-sell shares of zero and a neutral net buy-sell direction for this filing.

What role does Liu Hao hold at J & Friends Holdings Ltd?

Liu Hao is identified as a director of J & Friends Holdings Ltd in the Form 3. The filing does not list any officer position or ten percent owner status, focusing solely on the director role and related beneficial ownership disclosure requirements.