NAMI (NAMI) CFO and COO Jun Jiang reports indirect ADS stake on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Jinxin Technology Holding Co director and executive officer Jun Jiang filed an initial Form 3 showing his beneficial ownership in the company. The filing reports indirect holdings through Light Stream Holdings Ltd. of 2 ordinary shares and 3,111,111 American depositary shares. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Co.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jiang Jun Jason
Role
CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Ordinary shares — 2 shares (Indirect, By Light Stream Holdings Ltd.);
American depositary shares — 3,111,111 shares (Indirect, By Light Stream Holdings Ltd.)
Footnotes (1)
- Light Stream Holdings Ltd. is a British Virgin Islands company wholly-owned by Jun Jiang. Each American depositary share represents 18 ordinary shares of Jinxin Technology Holding Company.
Key Figures
Indirect ordinary shares: 2 ordinary shares
Indirect ADS holdings: 3,111,111 American depositary shares
ADS-to-ordinary ratio: 1 ADS = 18 ordinary shares
3 metrics
Indirect ordinary shares
2 ordinary shares
Indirectly held through Light Stream Holdings Ltd.
Indirect ADS holdings
3,111,111 American depositary shares
Indirectly held through Light Stream Holdings Ltd.
ADS-to-ordinary ratio
1 ADS = 18 ordinary shares
Each American depositary share represents 18 ordinary shares
Key Terms
Form 3, American depositary shares, indirect ownership, ordinary shares, +1 more
5 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.
indirect ownership financial
""direct_or_indirect": "I", "ownership_type": "indirect""
wholly-owned financial
"Light Stream Holdings Ltd. is a ... company wholly-owned by Jun Jiang."
A wholly-owned business is one that is 100% owned by another company, meaning the parent holds all shares and controls decisions. For investors, this matters because the parent company must include the wholly-owned business’s results and liabilities in its own financial picture, so any profits, losses or risks from that unit directly affect the parent’s value—like owning an entire rental property rather than sharing it with partners.
FAQ
What does Jun Jiang’s Form 3 for NAMI disclose?
The Form 3 discloses that Jun Jiang, a director and executive officer of NAMI, indirectly holds 2 ordinary shares and 3,111,111 American depositary shares through Light Stream Holdings Ltd., establishing his initial reported ownership position in Jinxin Technology Holding Co.
Is Jun Jiang’s NAMI ownership held directly or indirectly?
The filing shows Jun Jiang’s NAMI holdings are indirect. Both the 2 ordinary shares and 3,111,111 American depositary shares are held through Light Stream Holdings Ltd., with the nature of ownership identified as indirect in the reported entries.
What is Light Stream Holdings Ltd. in relation to NAMI’s Form 3?
Light Stream Holdings Ltd. is described as a British Virgin Islands company wholly-owned by Jun Jiang. In the Form 3, it is the entity through which he indirectly holds both ordinary shares and American depositary shares of Jinxin Technology Holding Co.