Ruiyin Capital Ltd - Feb 1, 2023 Form 4 Insider Report for QDM International Inc. (QDMI)

Role: 10%+ Owner
Signature: By: /s/ Erkai Wang Title: Director of Ruiyin Capital Limited
Stock symbol: QDMI
Transactions as of: Feb 1, 2023
Transactions value $: -$21,370,446
Form type: 4
Date filed: 8/20/2024, 04:15 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QDMI	Common Stock	Sale	-$1.76M	-1.76M	-6.28%	$1.00^*	26.2M	Aug 1, 2024	Direct	F2
transaction	QDMI	Common Stock	Sale	-$10M	-10M	-26.32%	$1.00^*	28M	Aug 1, 2024	Direct	F2
transaction	QDMI	Common Stock	Sale	-$10M	-10M	-20.83%	$1.00^*	38M	Aug 1, 2024	Direct	F2
transaction	QDMI	Common Stock	Purchase	$389K	+48M		$0.01^*	48M	Feb 1, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ruiyin Capital Ltd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Giving effect to the issuer's forward stock split at a ratio of 10-for-1 effected in April 2024.
F2	Mr. Wang is the sole director and shareholder of Ruiyin Capital Limited. Mr. Wang may be deemed to have beneficial ownership of the shares of common stock held by Ruiyin Capital Limited.