JD

SEC source: 0001104659-26-109750 · tm2625376-1_4seq1.xml · derivative · entry 2

Li Carol Yun Yau · CIK 0001974493 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 18,658 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on September 23, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on September 23, 2026 and do not have an expiration date.

SEC source: 0001104659-26-109750 · tm2625376-1_4seq1.xml · nonDerivative · entry 1

Li Carol Yun Yau · CIK 0001974493 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,413

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-097446 · tm2621808-2_4seq1.xml · derivative · entry 2

Yu Jennifer Ngar-Wing · CIK 0002119619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 13,900 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on August 14, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on August 14, 2026 and do not have an expiration date.

SEC source: 0001104659-26-097446 · tm2621808-2_4seq1.xml · nonDerivative · entry 1

Yu Jennifer Ngar-Wing · CIK 0002119619 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,108

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-097445 · tm2621808-1_4seq1.xml · derivative · entry 2

Ding Kun · CIK 0002118745 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 13,900 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on August 14, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on August 14, 2026 and do not have an expiration date.

SEC source: 0001104659-26-097445 · tm2621808-1_4seq1.xml · nonDerivative · entry 1

Ding Kun · CIK 0002118745 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,108

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-080565 · tm2619741-2_4seq1.xml · nonDerivative · entry 2

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,916

F2 · security: Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units.

SEC source: 0001104659-26-080564 · tm2619741-1_4seq1.xml · nonDerivative · entry 2

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 228,896

F2 · security: Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units.

SEC source: 0001104659-26-080565 · tm2619741-2_4seq1.xml · derivative · entry 3

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,500

Underlying: Class A ordinary shares · 2,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on July 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on July 1, 2026 and do not have an expiration date.

SEC source: 0001104659-26-080565 · tm2619741-2_4seq1.xml · nonDerivative · entry 1

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,490

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-080564 · tm2619741-1_4seq1.xml · derivative · entry 3

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,000

Underlying: Class A ordinary shares · 5,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on July 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on July 1, 2026 and do not have an expiration date.

SEC source: 0001104659-26-080564 · tm2619741-1_4seq1.xml · nonDerivative · entry 1

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 230,044

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-071102 · tm2615737-1_4seq1.xml · derivative · entry 2

Scheufele Caroline · CIK 0002119632 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,264

Underlying: Class A ordinary shares · 15,262 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on June 8, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on June 8, 2026 and do not have an expiration date.

SEC source: 0001104659-26-071102 · tm2615737-1_4seq1.xml · nonDerivative · entry 1

Scheufele Caroline · CIK 0002119632 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,850

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-065925 · tm2614945-1_4seq1.xml · derivative · entry 2

Hsieh Louis · CIK 0001686218 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 14,934 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on May 22, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on May 22, 2026 and do not have an expiration date.

SEC source: 0001104659-26-065925 · tm2614945-1_4seq1.xml · nonDerivative · entry 1

Hsieh Louis · CIK 0001686218 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 56,564

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-065911 · tm2614945-2_4seq1.xml · derivative · entry 2

Xu Dingbo · CIK 0001975050 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 14,934 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on May 22, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on May 22, 2026 and do not have an expiration date.

SEC source: 0001104659-26-065911 · tm2614945-2_4seq1.xml · nonDerivative · entry 1

Xu Dingbo · CIK 0001975050 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,945

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-061612 · tm2614202-4_4seq1.xml · derivative · entry 1

Hsieh Louis · CIK 0001686218 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,224

Underlying: Class A ordinary shares · 33,224 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F2 · derivative.exercise_date: These restricted share units were granted on May 15, 2026 and subject to a 2-year vesting schedule in equal installments starting from May 22, 2027. They do not have an expiration date.

F2 · derivative.expiration_date: These restricted share units were granted on May 15, 2026 and subject to a 2-year vesting schedule in equal installments starting from May 22, 2027. They do not have an expiration date.

SEC source: 0001104659-26-061593 · tm2614202-2_4seq1.xml · derivative · entry 1

Xu Dingbo · CIK 0001975050 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,224

Underlying: Class A ordinary shares · 33,224 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F2 · derivative.exercise_date: These restricted share units were granted on May 15, 2026 and subject to a 2-year vesting schedule in equal installments starting from May 22, 2027. They do not have an expiration date.

F2 · derivative.expiration_date: These restricted share units were granted on May 15, 2026 and subject to a 2-year vesting schedule in equal installments starting from May 22, 2027. They do not have an expiration date.

SEC source: 0001104659-26-061581 · tm2614202-1_4seq1.xml · derivative · entry 2

Liu Qiangdong · CIK 0001631968 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,000,000

Underlying: Class A ordinary shares · 2,000,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F3 · derivative.exercise_date: These restricted shares units were vested on May 15, 2026 and do not have an expiration date.

F3 · derivative.expiration_date: These restricted shares units were vested on May 15, 2026 and do not have an expiration date.

SEC source: 0001104659-26-061581 · tm2614202-1_4seq1.xml · nonDerivative · entry 1

Liu Qiangdong · CIK 0001631968 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,000,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001104659-26-061564 · tm2614202-3_4seq1.xml · derivative · entry 1

Huang Ming · CIK 0001975288 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,638

Underlying: Class A ordinary shares · 37,638 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F2 · derivative.exercise_date: These restricted share units were granted on May 15, 2026 and subject to a 2-year vesting schedule in equal installments starting from March 7, 2027. They do not have an expiration date.

F2 · derivative.expiration_date: These restricted share units were granted on May 15, 2026 and subject to a 2-year vesting schedule in equal installments starting from March 7, 2027. They do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · nonDerivative · entry 2

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 227,544

F2 · security: Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units.

SEC source: 0001979553-26-000004 · primary_doc.xml · nonDerivative · entry 2

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,240

F2 · security: Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units.

SEC source: 0001974425-26-000004 · primary_doc.xml · nonDerivative · entry 2

Zhang Pang · CIK 0001974425 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 122,693

F2 · security: Represents ADSs sold pursuant to a mandatory, non-discretionary, sell-to-cover arrangement for the purpose of satisfying income tax liabilities incurred upon vesting of restricted share units.

SEC source: 0001974555-26-000004 · primary_doc.xml · derivative · entry 8

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,000

Underlying: Class A ordinary shares · 80,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F5 · derivative.exercise_date: These restricted share units were granted on April 1, 2026 and subject to a 4-year vesting schedule in equal installments starting from April 1, 2027 They do not have an expiration date.

F5 · derivative.expiration_date: These restricted share units were granted on April 1, 2026 and subject to a 4-year vesting schedule in equal installments starting from April 1, 2027 They do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · derivative · entry 7

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,680

Underlying: Class A ordinary shares · 1,340 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · derivative · entry 6

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,042

Underlying: Class A ordinary shares · 2,680 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · derivative · entry 5

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 150,000

Underlying: Class A ordinary shares · 50,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · derivative · entry 4

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Class A ordinary shares · 25,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · derivative · entry 3

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 10,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001974555-26-000004 · primary_doc.xml · nonDerivative · entry 1

Xu Ran · CIK 0001974555 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 247,542

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001979553-26-000004 · primary_doc.xml · derivative · entry 6

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Class A ordinary shares · 30,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F5 · derivative.exercise_date: These restricted share units were granted on April 1, 2026 and subject to a 4-year vesting schedule in equal installments starting from April 1, 2027. They do not have an expiration date.

F5 · derivative.expiration_date: These restricted share units were granted on April 1, 2026 and subject to a 4-year vesting schedule in equal installments starting from April 1, 2027. They do not have an expiration date.

SEC source: 0001979553-26-000004 · primary_doc.xml · derivative · entry 5

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Class A ordinary shares · 10,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001979553-26-000004 · primary_doc.xml · derivative · entry 4

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,000

Underlying: Class A ordinary shares · 10,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001979553-26-000004 · primary_doc.xml · derivative · entry 3

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,500

Underlying: Class A ordinary shares · 2,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001979553-26-000004 · primary_doc.xml · nonDerivative · entry 1

Shan Su · CIK 0001979553 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,840

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.

SEC source: 0001974425-26-000004 · primary_doc.xml · derivative · entry 4

Zhang Pang · CIK 0001974425 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Class A ordinary shares · 30,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F5 · derivative.exercise_date: These restricted share units were granted on April 1, 2026 and subject to a 4-year vesting schedule in equal installments starting from April 1, 2027. They do not have an expiration date.

F5 · derivative.expiration_date: These restricted share units were granted on April 1, 2026 and subject to a 4-year vesting schedule in equal installments starting from April 1, 2027. They do not have an expiration date.

SEC source: 0001974425-26-000004 · primary_doc.xml · derivative · entry 3

Zhang Pang · CIK 0001974425 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 92,948

Underlying: Class A ordinary shares · 57,722 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted share unit represents the contingent right to receive one Class A ordinary share.

F4 · derivative.exercise_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

F4 · derivative.expiration_date: These restricted shares units were vested on April 1, 2026 and do not have an expiration date.

SEC source: 0001974425-26-000004 · primary_doc.xml · nonDerivative · entry 1

Zhang Pang · CIK 0001974425 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,493

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: These American depositary shares (ADSs), each representing two Class A ordinary shares, were acquired upon vesting and settlement of restricted share units.