New Insider Wang Yanzhi Files Form 3 for UTime Ltd.
| Field | Detail |
|---|---|
| Company | Wang Yanzhi |
| Form Type | 3 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, form-3, initial-statement, corporate-governance
TL;DR
**New insider Wang Yanzhi just filed a Form 3 for UTime Ltd., signaling initial ownership.**
AI Summary
Wang Yanzhi, a new insider at UTime Ltd., filed a Form 3 on March 24, 2026, indicating their initial beneficial ownership of securities as of March 18, 2026. This filing is a standard disclosure required when an individual becomes an officer, director, or beneficial owner of more than 10% of a company's stock. For investors, this matters because it signals a new key player has joined UTime Ltd. (CIK: 0001789299), potentially bringing new perspectives or influence to the company, which operates in the Electronic & Other Electrical Equipment sector.
Why It Matters
This filing introduces a new insider, Wang Yanzhi, to UTime Ltd., which could impact future company strategy and performance.
Risk Assessment
Risk Level: low — A Form 3 filing is a routine disclosure of initial ownership and does not inherently indicate significant risk or opportunity.
Analyst Insight
Smart investors should note the addition of Wang Yanzhi as an insider at UTime Ltd. and monitor future filings (Forms 4 and 5) for any subsequent transactions, which could provide insights into their confidence in the company.
Key Players & Entities
- Wang Yanzhi (person) — Reporting Person, new insider at UTime Ltd.
- UTime Ltd. (company) — Issuer of securities
- 0002123311 (person) — CIK for Wang Yanzhi
- 0001789299 (company) — CIK for UTime Ltd.
FAQ
What is the purpose of a Form 3 filing?
A Form 3, as filed by Wang Yanzhi for UTime Ltd. on March 24, 2026, is an 'Initial statement of beneficial ownership of securities.' It is required when an individual becomes an officer, director, or beneficial owner of more than 10% of a class of a company's equity securities.
When was the period of report for this filing?
The period of report for this Form 3 filing by Wang Yanzhi was March 18, 2026, as stated in the filing details.
Filing Stats: 403 words · 2 min read · ~1 pages · Grade level 9 · Accepted 2026-03-24 07:24:34
Filing Documents
- ownership.html (3)
- ownership.xml (3) — 2KB
- 0001493152-26-012269.txt ( ) — 3KB
From the Filing
SEC FORM 3 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 * Wang Yanzhi (Last) (First) (Middle) 7TH FLOOR BLDG 5A SHENZHEN SOFTWARE INDUSTRY BASE, NANSHAN (Street) SHENZEN 00000 (City) (State) (Zip) CHINA (Country) 2. Date of Event Requiring Statement (Month/Day/Year) 03/18/2026 3. Issuer Name and Ticker or Trading Symbol UTime Ltd [ WTO ] 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) 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: No securities are beneficially owned. /s/ Yanzhi Wang 03/24/2026 ** 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)