Director at TH International (THCH) holds 139,887 ordinary shares

Rhea-AI Filing Summary

TH International Ltd director Cheung Ho has filed an initial Form 3 disclosing his equity stake in the company. The filing shows beneficial ownership of 139,887 ordinary shares, held directly. This is a position-reporting document and does not indicate any recent share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cheung Ho

Role Director

Type	Security	Shares	Price	Value
holding	ordinary shares	--	--	--

Holdings After Transaction: ordinary shares — 139,887 shares (Direct)

Footnotes (1)

Key Figures

Director shareholdings: 139,887 ordinary shares

1 metrics

Director shareholdings 139,887 ordinary shares Beneficially owned directly by director Cheung Ho on Form 3

Key Terms

ordinary shares, reporting person, direct ownership

3 terms

ordinary shares financial

"The security title reported is ordinary shares of TH International Ltd."

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

reporting person financial

"Cheung Ho is the reporting person and a director of the issuer."

direct ownership financial

"The filing lists the 139,887 ordinary shares as held with direct ownership."

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
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Cheung Ho

(Last) (First) (Middle)

SUITE 3501, JARDINE HOUSE

1 CONNAUGHT PLACE, CENTRAL

(Street)

HONG KONG 200003

(City) (State) (Zip)

HONG KONG

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026

3. Issuer Name and Ticker or Trading Symbol
TH International Ltd [ THCH ]

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)
ordinary shares	139,887	D

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:

	/s/ Cheung Ho	04/02/2026
	** 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 Cheung Ho’s Form 3 filing for THCH show?

Cheung Ho’s Form 3 filing shows his initial reported ownership of 139,887 ordinary shares of TH International Ltd. This filing establishes his beneficial stake as a director and does not by itself reflect any recent buying or selling activity.

How many TH International (THCH) shares does Cheung Ho own?

According to the Form 3, director Cheung Ho beneficially owns 139,887 ordinary shares of TH International Ltd. These shares are reported as directly held, meaning they are not listed as being owned through another entity or account.

Is Cheung Ho’s ownership in TH International reported as direct or indirect?

The Form 3 indicates that 139,887 ordinary shares are held with direct ownership. Direct ownership means the shares are registered to the reporting person rather than through a separate entity, trust, or other indirect structure in this disclosure.

Does the THCH Form 3 for Cheung Ho show any recent trades?

The Form 3 for TH International director Cheung Ho does not show any specific buy or sell transactions. It functions as an initial statement of beneficial ownership, listing his directly held 139,887 ordinary shares at the reporting date.

Why is a Form 3 filed for a TH International (THCH) director?

A Form 3 is filed when someone becomes an insider, such as a director of TH International Ltd. It reports that insider’s initial beneficial ownership, here disclosing 139,887 ordinary shares held directly by Cheung Ho at the time of reporting.