SCHEDULE 13G/A 0001104659-24-114984 0001519518 XXXXXXXX LIVE 3 Class A ordinary shares, par value US$0.0001 per share 06/30/2025 0001802883 AGORA, INC. 00851L103 2804 MISSION COLLEGE BLVD, Santa Clara CA 95054 Rule 13d-1(d) TMT General Partner Ltd. E9 23225227.00 0.00 23225227.00 0.00 23225227.00 N 8.1 CO (1) For row 5, 7 and 9: Represents (a) 745,108 Class A ordinary shares held by Morningside China TMT Fund II, L.P.; (b) 8,665,496 Class A ordinary shares held by Morningside China TMT Top Up Fund, L.P.; (c) 12,558,748 Class A ordinary shares held by Morningside China TMT Special Opportunity Fund II, L.P.; and (d) 1,255,875 Class A ordinary shares held by Morningside China TMT Fund IV Co-Investment, L.P.. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP II, L.P. and Morningside China TMT GP IV, L.P. are controlled by TMT General Partner Ltd., their general partner. (2) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Morningside China TMT GP II, L.P. E9 9410604.00 0.00 9410604.00 0.00 9410604.00 N 3.3 PN (1) For row 5, 7 and 9: Represents (a) 745,108 Class A ordinary shares held by Morningside China TMT Fund II, L.P.; and (b) 8,665,496 Class A ordinary shares held by Morningside China TMT Top Up Fund, L.P.. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT GP II, L.P. is controlled by TMT General Partner Ltd., its general partner. (2) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Morningside China TMT Fund II, L.P. E9 745108.00 0.00 745108.00 0.00 745108.00 N 0.3 PN (1) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Morningside China TMT Top Up Fund, L.P. E9 8665496.00 0.00 8665496.00 0.00 8665496.00 N 3.0 PN (1) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Morningside China TMT GP IV, L.P. E9 13814623.00 0.00 13814623.00 0.00 13814623.00 N 4.8 PN (1) For row 5, 7 and 9: Represents (a) 12,558,748 Class A ordinary shares held by Morningside China TMT Special Opportunity Fund II, L.P.; and (b) 1,255,875 Class A ordinary shares held by Morningside China TMT Fund IV Co-Investment, L.P.. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP IV, L.P. is controlled by TMT General Partner Ltd., its general partner. (2) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Morningside China TMT Special Opportunity Fund II, L.P. E9 12558748.00 0.00 12558748.00 0.00 12558748.00 N 4.4 PN (1) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Morningside China TMT Fund IV Co-Investment, L.P. E9 1255875.00 0.00 1255875.00 0.00 1255875.00 N 0.4 PN (1) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. 5Y Capital GP Limited E9 8901703.00 0.00 8901703.00 0.00 8901703.00 N 3.1 CO (1) For row 5, 7 and 9: Represents (a) 7,740,611 Class A ordinary shares held by Evolution Special Opportunity Fund I, L.P.; and (b) 1,161,092 Class A ordinary shares held by Evolution Fund I Co-investment, L.P.. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are controlled by 5Y Capital GP Limited, their general partner. (2) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Evolution Special Opportunity Fund I, L.P. E9 7740611.00 0.00 7740611.00 0.00 7740611.00 N 2.7 PN (1) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. Evolution Fund I Co-investment, L.P. E9 1161092.00 0.00 1161092.00 0.00 1161092.00 N 0.4 PN (1) For row 11: The ownership percentage of the Reporting Person is calculated based on 286,708,413 Class A ordinary shares outstanding as of June 30, 2025 as informed by the Issuer. AGORA, INC. 2804 MISSION COLLEGE BLVD, Santa Clara, CA, 95054 I.TMT General Partner Ltd. II.Morningside China TMT GP II, L.P. III.Morningside China TMT Fund II, L.P. IV.Morningside China TMT Top Up Fund, L.P. V.Morningside China TMT GP IV, L.P. VI.Morningside China TMT Special Opportunity Fund II, L.P. VII.Morningside China TMT Fund IV Co-Investment, L.P. VIII.5Y Capital GP Limited IX.Evolution Special Opportunity Fund I, L.P. X.Evolution Fund I Co-investment, L.P. I. II. III. IV. V. VI. VII. VIII. IX & X: c/o Suite 905-6, 9th Floor ICBC Tower, Three Garden Road Hong Kong I. II. III. IV. V. VI. VII. VIII. IX & X: Cayman Islands Y The information required by Items 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Items 4(a) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Items 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person and is incorporated herein by reference. Morningside China TMT Fund II, L.P. is the record owner of 745,108 Class A ordinary shares; Morningside China TMT Top Up Fund, L.P. is the record owner of 8,665,496 Class A ordinary shares; Morningside China TMT Special Opportunity Fund II, L.P. is the record owner of 12,558,748 Class A ordinary shares; and Morningside China TMT Fund IV Co-Investment, L.P. is the record owner of 1,255,875 Class A ordinary shares. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP II, L.P. and Morningside China TMT GP IV, L.P. are controlled by TMT General Partner Ltd., their general partner. TMT General Partner Ltd. is controlled by its board consisting of three individuals, including Jianming Shi, Qin Liu and Gerald Lokchung Chan, who have the voting and dispositive powers over the shares held by Morningside China TMT Fund II, L.P., Morningside China TMT Top Up Fund, L.P., Morningside China TMT Special Opportunity Fund II, L.P., and Morningside China TMT Fund IV Co-Investment, L.P. Evolution Special Opportunity Fund I, L.P. is the record owner of 7,740,611 Class A ordinary shares and Evolution Fund I Co-investment, L.P. is the record owner of 1,161,092 Class A ordinary shares. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are controlled by 5Y Capital GP Limited, their general partner. 5Y Capital GP Limited is controlled by its board consisting of three individuals, including Qin Liu, Claris Ruwende and Ting Yue LIOW, who have the voting and dispositive powers over the shares held by Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P.. The information required by Items 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person and is incorporated herein by reference. The information required by Items 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person and is incorporated herein by reference. Morningside China TMT Fund II, L.P. is the record owner of 745,108 Class A ordinary shares; Morningside China TMT Top Up Fund, L.P. is the record owner of 8,665,496 Class A ordinary shares; Morningside China TMT Special Opportunity Fund II, L.P. is the record owner of 12,558,748 Class A ordinary shares; and Morningside China TMT Fund IV Co-Investment, L.P. is the record owner of 1,255,875 Class A ordinary shares. Morningside China TMT Fund II, L.P. and Morningside China TMT Top Up Fund, L.P. are controlled by Morningside China TMT GP II, L.P., their general partner. Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV Co-Investment, L.P. are controlled by Morningside China TMT GP IV, L.P., their general partner. Morningside China TMT GP II, L.P. and Morningside China TMT GP IV, L.P. are controlled by TMT General Partner Ltd., their general partner. TMT General Partner Ltd. is controlled by its board consisting of three individuals, including Jianming Shi, Qin Liu and Gerald Lokchung Chan, who have the voting and dispositive powers over the shares held by Morningside China TMT Fund II, L.P., Morningside China TMT Top Up Fund, L.P., Morningside China TMT Special Opportunity Fund II, L.P., and Morningside China TMT Fund IV Co-Investment, L.P. Evolution Special Opportunity Fund I, L.P. is the record owner of 7,740,611 Class A ordinary shares and Evolution Fund I Co-investment, L.P. is the record owner of 1,161,092 Class A ordinary shares. Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P. are controlled by 5Y Capital GP Limited, their general partner. 5Y Capital GP Limited is controlled by its board consisting of three individuals, including Qin Liu, Claris Ruwende and Ting Yue LIOW, who have the voting and dispositive powers over the shares held by Evolution Special Opportunity Fund I, L.P. and Evolution Fund I Co-investment, L.P.. The information required by Items 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person and is incorporated herein by reference. Y Y Y Y Y Y Exhibit No. 99.1: Joint Filing Agreement dated February 16, 2021 by and between the Reporting Persons (incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on February 16, 2021). TMT General Partner Ltd. /s/ LIU, Qin 08/06/2025 Morningside China TMT GP II, L.P. /s/ LIU, Qin 08/06/2025 Morningside China TMT Fund II, L.P. /s/ LIU, Qin 08/06/2025 Morningside China TMT Top Up Fund, L.P. /s/ LIU, Qin 08/06/2025 Morningside China TMT GP IV, L.P. /s/ LIU, Qin 08/06/2025 Morningside China TMT Special Opportunity Fund II, L.P. /s/ LIU, Qin 08/06/2025 Morningside China TMT Fund IV Co-Investment, L.P. /s/ LIU, Qin 08/06/2025 5Y Capital GP Limited /s/ LIU, Qin 08/06/2025 Evolution Special Opportunity Fund I, L.P. /s/ LIU, Qin 08/06/2025 Evolution Fund I Co-investment, L.P. /s/ LIU, Qin 08/06/2025