---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-004674"
form_type: "8-K"
ticker: "JRSS"
cik: "0001597892"
company_name: "JRSIS HEALTH CARE Corp"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:50:02.402119+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# JRSIS to issue 76.8M shares for rights to 85.53% of Yongzhou JIT net income

## Summary
- Laidian (JRSIS sub) provides management services to Yongzhou JIT for 85.53% of its net income.
- JRSIS to issue 76,757,439 common shares to Jumi GCL (BVI) as consideration.
- Closing conditions: Yongzhou JIT US-GAAP audited fin'ls; board resignations of Huang & Chen; VIE compliance.
- Board changes: Zhifei Huang, Zhuowen Chen resign; Linhai Zhu appointed; Zhuowei Zhong becomes Secretary.
- Agreement terminates if closing not completed by December 31, 2023.

## SEC filing metadata
- accession: 0001013762-23-004674
- form_type: 8-K
- ticker: JRSS
- cik: 0001597892
- company_name: JRSIS HEALTH CARE Corp
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1597892/000101376223004674/0001013762-23-004674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597892/000101376223004674/ea186922-8k_jrsishealth.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-004674
- JSON: https://secwatch.observer/filing/0001013762-23-004674.json
- Plain text: https://secwatch.observer/filing/0001013762-23-004674.txt

## Key facts
- Material Agreements
  JRSIS HEALTH CARE Corp entered into Agreement to Contract with Laidian Technology (Zhongshan) Co., Ltd., Zhuowei Zhong, Yongzhou Jumi Intelligent Technology Co., Ltd., Guangzhou Jumi Intelligent Equipment Co., Ltd., Linhai Zhu, Yulin Investment (Guangzhou) Partnership L.P., Jumi Intelligent Information Technology (Guangzhou) Partnership L.P., Jumi Group Company valued at 76,757,439 shares of common stock (effective 2023-10-18).
  - Action: entry
  - Counterparty: Laidian Technology (Zhongshan) Co., Ltd., Zhuowei Zhong, Yongzhou Jumi Intelligent Technology Co., Ltd., Guangzhou Jumi Intelligent Equipment Co., Ltd., Linhai Zhu, Yulin Investment (Guangzhou) Partnership L.P., Jumi Intelligent Information Technology (Guangzhou) Partnership L.P., Jumi Group Company
  - Value: 76,757,439 shares of common stock
  - Effective: 2023-10-18
  source text: On October 18, 2023 JRSIS Health Care Corporation ( "JRSIS" ) entered into an Agreement to Contract (the "Agreement" ) with Laidian Technology (Zhongshan) Co., Ltd. ( "Laidian" ), Zhuowei Zhong, Yongzhou Jumi Intelligent Technology Co., Ltd. ( "Yongzhou JIT" ), Guangzhou Jumi Intelligent Equipment Co., Ltd. ( "Guangzhou JIE" ), Linhai Zhu, Yulin Investment (Guangzhou) Partnership L.P. ( "Yulin IGP" ), Jumi Intelligent Information Technology (Guangzhou) Partnership L.P. ( "Jumi IIP" ) and Jumi Group Company, Ltd. ( "Jumi GCL" ).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597892/000101376223004674/0001013762-23-004674-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.