Zhu Yue 4
4 · Lianhe Sowell International Group Ltd · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Lianhe Sowell (LHSW) CEO Zhu Yue Receives 2.4M Shares
What Happened
- Zhu Yue, CEO and director of Lianhe Sowell International Group Ltd (LHSW), acquired 2,400,000 Class B Ordinary Shares on June 30, 2026. The Form 4 reports the acquisition at $0.17 per share, totaling approximately $396,000. This filing is coded as an acquisition/award (code A), i.e., a purchase or grant rather than a sale.
Key Details
- Transaction date and price: June 30, 2026 — 2,400,000 Class B Ordinary Shares at $0.17 per share (Form 4), total ~$396,000.
- Footnote nuance: the filing’s footnotes say Lianyue Holding Limited (a BVI entity wholly owned by Yue Zhu) purchased 2,400,000 Class B shares from the issuer at $0.165 per share and the transaction closed June 30, 2026. Lianyue Holding is controlled solely by Yue (Zhu) and has sole voting/dispositive power over those shares.
- Share class and corporate action: reported shares reflect a 1-for-16 share consolidation effective June 22, 2026 (per footnote). Class B shares are convertible into Class A on a 1:1 basis at the holder’s option; Class B carry 100 votes each vs. 1 vote for Class A.
- Shares owned after transaction: not specified in the material provided.
- Filing timeliness: marked as late (transactionTimeliness = 'L'); a late Form 4 reduces near-term transparency and may merit investor attention.
Context
- These were acquisitions (not sales) — purchases/acquisitions by insiders are often watched by investors as a positive signal of insider buying, but filings are factual only; no motive is implied.
- The footnotes suggest the acquisition may have been effected by an entity controlled by the CEO (Lianyue Holding) at a slightly different per‑share price ($0.165) than the $0.17 listed on the Form 4; both items are disclosed in the filing.
Insider Transaction Report
Form 4
Zhu Yue
DirectorCEO
Transactions
- Award
Class B Ordinary Shares
[F1][F3][F2]2026-06-30$0.17/sh+2,400,000$396,000→ 2,550,000 total(indirect: By Lianyue Holding Limited)
Holdings
- 939,688(indirect: By Lianyue Holding Limited)
Class A Ordinary Shares
[F1][F2]
Footnotes (3)
- [F1]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. The number of Class A Ordinary Shares and Class B Ordinary shares in this form reflected the 1-for-16 share consolidation, which was made effective on June 22, 2026.
- [F2]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.
- [F3]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 2,400,000 Class B Ordinary Shares from the Issuer at a per share purchase price of $0.165. The transaction was closed on June 30, 2026
Signature
/s/ Yue Zhu|2026-07-02