Liu Huan 4

What Happened
Liu Huan — Chief Executive Officer, Interim Chief Financial Officer, Director, Chairman and reported 10% owner of Cheetah Net Supply Chain Service Inc. (CTNT) — purchased 200,000 shares of the issuer’s Class B common stock in a private placement on June 15, 2026. The shares were acquired at $2.00 per share for a total purchase price of $400,000. This was a purchase (not a sale), which investors often view as a positive signal of insider confidence, though it is not proof of future performance.

Key Details

• Transaction date: June 15, 2026; filing date: June 17, 2026 (filed timely).
• Transaction type/code: Private placement purchase (P).
• Shares purchased: 200,000 at $2.00 per share; total value $400,000.
• Security: Class B common stock, par value $0.0001.
• Ownership after transaction: Reporting person is identified as a 10% owner; the filing does not disclose the exact post-transaction share total.
• Footnote: F1 confirms the shares were bought in a private placement closed June 15, 2026.
• Remarks: Reporting person holds multiple executive roles (CEO, Interim CFO, Director, Chairman).

Context
This was a direct private placement rather than an open-market buy, meaning the company issued shares directly to the insider as part of a financing transaction. Purchases by senior insiders and sizable owners can be informative to retail investors, but they should be considered alongside company fundamentals and other disclosures.