Zhang Gongwei 4

What Happened

• Zhang Gongwei, Senior Vice President of DSC Holdings Ltd. (DSC), reported two matching transactions on 2026-06-26: a disposition of 1,051,669 shares at $0.00 and an acquisition of 1,051,669 shares at $0.00. Both entries list a $0 total value.
• The filing includes footnote F1 stating that, immediately prior to the issuer’s IPO, each ordinary share was redesignated as a Class A ordinary share on a one-for-one basis. The equal zero-dollar disposal and acquisition indicate a share-class reclassification or internal redesignation rather than an economic sale or purchase.

Key Details

• Transaction date: 2026-06-26; Report filed: 2026-06-29.
• Reported price: $0.00 for both the disposition and the acquisition.
• Shares involved: 1,051,669 shares disposed and 1,051,669 shares acquired (net change = 0).
• Footnote: F1 — ordinary shares were redesignated as Class A ordinary shares one-for-one prior to the IPO.
• Timeliness: Filing date provided (6/29) — no late-filing flag indicated in the provided data.

Context

• Zero-dollar matched disposals/acquisitions typically reflect internal reclassifications (e.g., share-class conversions) rather than market trades; they do not necessarily signal insider buying or selling intent.