Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person:  (1) Hui Li may be deemed to have beneficial ownership over 15,603,430 Class A ordinary shares held of record in the form of 1,560,343 ADSs, of which his wife, Junmei Yin holds 95,306 ADSs, and Hui Li holds 1,465,037 ADSs indirectly through Meri Growth Capital Limited. (2) Calculated based on 255,898,610 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 27, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person:  (1) Junmei Yin may be deemed to have beneficial ownership over 15,603,430 Class A ordinary shares held of record in the form of 1,560,343 ADSs, of which she holds 95,306 ADSs, and her husband Hui Li indirectly holds 1,465,037 ADSs through Meri Growth Capital Limited. (2) Calculated based on 255,898,610 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 27, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person:  1) Meri Growth Capital Limited may be deemed to have direct beneficial ownership over 14,650,370 Class A ordinary shares held of record in the form of 1,465,037 ADSs. The individual Hui Li, a director of Meri Growth Capital Limited indirectly holds 1,465,037 ADSs indirectly through Meri Growth Capital Limited. 2) Calculated based on 255,898,610 Class A ordinary shares of the Issuer outstanding, as reported in the Issuer's Form 20-F filed with the Securities and Exchange Commission on March 27, 2025.


SCHEDULE 13G



 
Hui Li
 
Signature:/s/ Hui Li
Name/Title:Hui Li
Date:08/15/2025
 
Signature:/s/ Junmei Yin
Name/Title:Junmei Yin
Date:08/15/2025
 
Signature:/s/ Hui Li
Name/Title:Director: Hui Li
Date:08/15/2025
 
Junmei Yin
 
Signature:/s/ Hui Li
Name/Title:Hui Li
Date:08/15/2025
 
Signature:/s/ Junmei Yin
Name/Title:Junmei Yin
Date:08/15/2025
 
Signature:/s/ Hui Li
Name/Title:Director: Hui Li
Date:08/15/2025
 
Meri Growth Capital Limited
 
Signature:/s/ Hui Li
Name/Title:Hui Li
Date:08/15/2025
 
Signature:/s/ Junmei Yin
Name/Title:Junmei Yin
Date:08/15/2025
 
Signature:/s/ Hui Li
Name/Title:Director: Hui Li
Date:08/15/2025