Initial Statement of Beneficial Ownership (3)

Date : 02/26/2019 @ 10:10PM
Source : Edgar (US Regulatory)
Stock : Takung Art Co Ltd (TKAT)
Quote : 0.59  0.047 (8.66%) @ 12:59AM

Initial Statement of Beneficial Ownership (3)

FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Tianjian Long Shun INV

2. Date of Event Requiring Statement (MM/DD/YYYY)
12/8/2018 

3. Issuer Name and Ticker or Trading Symbol

Takung Art Co., Ltd. [TKAT]

(Last)        (First)        (Middle)

SHAZHUANG VILLAGE, SHUANGJIE TOWN, BEICHEN DISTRICT

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

TIANJIN CITY, F4 300400       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

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)
Common Stock   2277386   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: 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:
(1)  On October 30, 2018 and November 2, 2018, the Reporting Person was gifted an aggregate 2,277,386 shares of common stock of the Issuer from Yuyan Zhang, Wei Wei Wang, Ai Hua Tian and Hui Ngai Ma. The transfer was effected on December 8, 2018. The Reporting Person is a corporation incorporated under the laws of the People's Republic of China and have two shareholders, namely Tianjin Shun Chao Real Estate Development Corporation Limited ("Shun Chao") and Tianjin Shi Bei Chen Qu Shuang Jie Zhen Sha Zhuang Nong Industrial and Commercial Corporation Limited ("Shuang Jie"), holding 1.78% and 98.22% equity interests, respectively, in the Reporting Person. These shareholders have sole investment and voting powers over the shares owned by the Reporting Person in the proportion of their respective shareholdings in the Reporting Person. Shun Chao is managed and controlled Wenjiang Sun and Shuang Jie is managed and controlled by Zhifa Zhao, both natural Chinese citizens.

Remarks:
Zhipan Zhao is the Legal; Representative of the Reporting Person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Tianjian Long Shun INV
SHAZHUANG VILLAGE, SHUANGJIE TOWN
BEICHEN DISTRICT
TIANJIN CITY, F4 300400

X


Signatures
/s/Zhipan Zhao 2/26/2019
** 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 control number.

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