High Templar Tech (QD) CEO Luo Min reports large indirect holdings

Q: What indirect American Depositary Share holdings are disclosed for Luo Min in High Templar Tech (QD)?

The Form 3 discloses 2,836,200 American Depositary Shares held indirectly by Luo Min’s spouse. Each American Depositary Share represents one Class A ordinary share of High Templar Tech Limited, with a par value of US$0.0001 per share, according to the filing footnotes.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

High Templar Tech Ltd director and Chief Executive Officer Luo Min filed an initial ownership report showing substantial indirect holdings. The filing reports 63,491,172 Class B ordinary shares held indirectly through Qufenqi Holding Limited, which are convertible into Class A ordinary shares on a one-for-one basis at the holder’s election and have no expiration on these conversion rights.

The filing also reports 2,836,200 American Depositary Shares held indirectly by his spouse. Each American Depositary Share represents one Class A ordinary share with a par value of US$0.0001. This Form 3 does not disclose any new purchases or sales, only current beneficial ownership positions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Luo Min

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Class B ordinary shares	--	--	--
holding	American Depositary Shares	--	--	--

Holdings After Transaction: Class B ordinary shares — 63,491,172 shares (Indirect, By Qufenqi Holding Limited); American Depositary Shares — 2,836,200 shares (Indirect, By Spouse)

Footnotes (1)

Each American depositary share represents one (1) Class A ordinary share, with a par value of US$0.0001 per share, of High Templar Tech Limited. Class B ordinary shares are convertible into Class A ordinary shares on a one-for-one basis at the election of the holder. These conversion rights do not expire. Qufenqi Holding Limited is a limited liability company established in the British Virgin Islands, which is indirectly wholly owned by a trust of which Mr. Min Luo and his wife are the beneficiaries.

Understanding Insider Trading Forms →

03/27/2026 - 07:13 AM

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

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1. Name and Address of Reporting Person^*

Luo Min

(Last)

(First)

(Middle)

NO.101 MEISHE ROAD, MEILIN STREET

(Street)

XIAMEN

361100

(City)

(State)

(Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
High Templar Tech Ltd [ HTT ]

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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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)
American Depositary Shares⁽¹⁾	2,836,200	I	By Spouse

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Class B ordinary shares	⁽²⁾	⁽²⁾	Class A ordinary shares	63,491,172	⁽²⁾	I	By Qufenqi Holding Limited⁽³⁾

Explanation of Responses:

1. Each American depositary share represents one (1) Class A ordinary share, with a par value of US$0.0001 per share, of High Templar Tech Limited.

2. Class B ordinary shares are convertible into Class A ordinary shares on a one-for-one basis at the election of the holder. These conversion rights do not expire.

3. Qufenqi Holding Limited is a limited liability company established in the British Virgin Islands, which is indirectly wholly owned by a trust of which Mr. Min Luo and his wife are the beneficiaries.

Remarks:

Exhibit List - Exhibit 24 Power of Attorney

	/s/ Sissi ZHU as Attorney-in-Fact	03/27/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What does Luo Min’s Form 3 filing for High Templar Tech Ltd (QD) show?

The Form 3 shows Luo Min’s existing indirect ownership in High Templar Tech Ltd, including Class B ordinary shares via Qufenqi Holding Limited and American Depositary Shares held by his spouse. It is an initial ownership report, not a record of new trades.

How many Class B ordinary shares of High Templar Tech Ltd are reported for Luo Min?

The filing reports 63,491,172 Class B ordinary shares held indirectly through Qufenqi Holding Limited. These Class B shares are convertible into Class A ordinary shares on a one-for-one basis at the holder’s election, and the conversion rights do not expire.

Do Luo Min’s Class B shares in High Templar Tech Ltd convert into Class A ordinary shares?

Yes. The filing states that Class B ordinary shares are convertible into Class A ordinary shares on a one-for-one basis at the election of the holder. It further notes that these conversion rights do not expire, providing ongoing flexibility for conversion.

Are there any buy or sell transactions reported in this High Templar Tech (QD) Form 3?

No. The Form 3 is an initial ownership statement and does not report any buy or sell transactions. It lists existing indirect holdings, including Class B ordinary shares via Qufenqi Holding Limited and American Depositary Shares held by Luo Min’s spouse.

Who holds the Class B ordinary shares reported for Luo Min in High Templar Tech Ltd?

The Class B ordinary shares are held by Qufenqi Holding Limited, a British Virgin Islands limited liability company. The filing notes Qufenqi Holding Limited is indirectly wholly owned by a trust in which Luo Min and his wife are beneficiaries, reflecting indirect ownership.