Zhu Yue bought LHSW
April 9, 2025 · Form 4 insider transaction
Zhu Yue bought 2,000,000 shares of Lianhe Sowell International Group Ltd at $0.17 per share, a transaction worth $334.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 370 days after the transaction.
Footnotes
Class B Ordinary Shares are convertible into Class A Ordinary Shares at holders' option at any time on a one-to-one basis. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstance. Each Class A Ordinary Share entitles to 1 vote and each Class B Ordinary Share entitles to 100 votes.; Lianyue Holding entered into certain share subscription agreement with the Issuer and its subsidiary Shenzhen Sowell Technology Development Co., Ltd, pursuant to which, Lianyue Holding purchased in aggregate of 2,000,000 Class B Ordinary Shares from the Issuer at a per share purchase price of $0.167. The transaction was closed on April 9, 2026.; Lianyue Holding Limited ("Lianyue Holding") is a limited liability company incorporated under the British Virgin Islands laws and wholly-owned by Yue Zhu, who has the sole voting and dispositive power with respect to the shares owned by this entity.