Summary by Moomoo AI
Yumin Liu, the Chief Executive Officer and a 10% owner of Emeren Group, has filed an Initial Statement of Beneficial Ownership of Securities with the SEC, as per Form 3 requirements. The filing, dated January 1, 2024, indicates Liu's direct ownership of derivative securities, specifically stock options for 500,000 American Depositary Shares, each representing ten ordinary shares of Emeren Group. These options are exercisable starting December 5, 2022, and will expire on December 5, 2027, with an exercise price of $1.5 per share. The form was filed individually by Liu and was signed on January 2, 2024.