SCHEDULE 13G/A 0000950103-25-010322 0002076930 XXXXXXXX LIVE 1 Class A ordinary shares, par value US$0.0001 per share 12/31/2025 0002013649 Chagee Holdings Ltd. 15743P104 Tower B, Hongqiao Lianhe Building No. 99 Kaihong Road, Changning District Shanghai F4 200051 Rule 13d-1(d) Junjie Zhang F4 98126701.00 0.00 65531473.00 0.00 98126701.00 N 51.4 IN Note to Row 5: The 98,126,701 shares beneficially owned with sole voting power include (i) 65,274,107 Class B ordinary shares held by Partea Ltd., a company controlled by Inaction Investment Limited, which in turn is wholly owned by Inaction Holding Limited. Each Class B ordinary share is entitled to ten (10) votes. Inaction Holding Limited is controlled by Jay Seventeen Trust, a trust established under the laws of Cayman Islands and managed by Trident Trust Company (Cayman) Limited as the trustee. Mr. Junjie Zhang is the settler, protector and beneficiary of the trust, retaining the investment power and voting power with respect to the assets of the trust, (ii) 257,366 Class A ordinary shares underlying the options held by Mr. Junjie Zhang that are exercisable within 60 days after December 31, 2025, (iii) 29,950,224 Class A ordinary shares and 2,645,004 ADSs beneficially owned by certain minority shareholders of the Issuer and some of directors and executive officers of the Issuer based on information provided to the Reporting Person by such individuals and entities. Mr. Junjie Zhang exercises voting power over these 29,950,224 Class A ordinary shares and 2,645,004 ADSs through irrevocable proxy and power of attorney arrangements with such shareholders. Mr. Junjie Zhang may be deemed to have beneficial ownership of these Class A ordinary shares and ADSs. Mr. Junjie Zhang disclaims economic interests associated with these Class A ordinary shares and ADSs. Note to Rows 7 and 9: The 65,531,473 shares beneficially owned with sole dispositive power include (i) 65,274,107 Class B ordinary shares held by Partea Ltd. and (ii) 257,366 Class A ordinary shares underlying the options held by Mr. Junjie Zhang that are exercisable within 60 days after December 31, 2025. Note to Row 11: Based on the quotient obtained by dividing (a) 98,126,701, the sum of the Class A ordinary shares and the Class B ordinary share beneficially owned by the Reporting Person as set forth in Row 9, by (b) the sum of (i) 125,489,219 Class A ordinary shares and (ii) 65,274,107 Class B ordinary shares issued and outstanding as of December 31, 2025 as provided by the Issuer and (iii) 257,366 Class A ordinary shares underlying the options held by Mr. Junjie Zhang that are exercisable within 60 days after December 31, 2025. Partea Ltd. D8 65274107.00 0.00 65274107.00 0.00 65274107.00 N 34.2 CO Note to Rows 5, 7 and 9: Representing 65,274,107 Class B ordinary shares held by Partea Ltd., a company controlled by Inaction Investment Limited, which in turn is wholly owned by Inaction Holding Limited. Inaction Holding Limited is controlled by Jay Seventeen Trust, a trust established under the laws of Cayman Islands and managed by Trident Trust Company (Cayman) Limited as the trustee. Mr. Junjie Zhang is the settler, protector and beneficiary of the trust, retaining the investment power with respect to the assets of the trust. Note to Row 11: Based on the quotient obtained by dividing (a) 65,274,107 Class B ordinary share beneficially owned by the Reporting Person as set forth in Row 9, by (b) the sum of (i) 125,489,219 Class A ordinary shares and (ii) 65,274,107 Class B ordinary shares issued and outstanding as of December 31, 2025 as provided by the Issuer. Chagee Holdings Ltd. Tower B, Hongqiao Lianhe Building, No. 99 Kaihong Road, Changning District, Shanghai, China, 200051 Junjie Zhang Partea Ltd. (Collectively, the "Reporting Persons") The business address of the Reporting Persons is Tower B, Hongqiao Lianhe Building, No. 99 Kaihong Road, Changning District, Shanghai, People's Republic of China, 200051. Junjie Zhang: People's Republic of China Partea Ltd.: British Virgin Islands Y This Amendment No. 1 is being filed solely to reflect changes in percentage ownership resulting from (i) dilution arising from the Issuer's issuance of additional Class A ordinary shares upon the vesting or exercise of share-based awards under the Issuer's employee benefit plan, and (ii) changes in the number of Class A ordinary shares deemed beneficially owned pursuant to the irrevocable proxy and power of attorney arrangements under which Mr. Junjie Zhang is deemed to beneficially own such securities. This Amendment No. 1 is not filed in connection with any disposition of Class A ordinary shares by the Reporting Persons. The information required by Item 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 Item 4(b) is set forth in Row 11 of the cover page for each Reporting Person and is incorporated herein by reference. The information set forth in rows 5-11 (including the footnotes thereto) on the cover pages to this Statement with respect to each of the Reporting Person is hereby incorporated by reference herein The information set forth in rows 5-11 (including the footnotes thereto) on the cover pages to this Statement with respect to each of the Reporting Person is hereby incorporated by reference herein The information set forth in rows 5-11 (including the footnotes thereto) on the cover pages to this Statement with respect to each of the Reporting Person is hereby incorporated by reference herein The information set forth in rows 5-11 (including the footnotes thereto) on the cover pages to this Statement with respect to each of the Reporting Person is hereby incorporated by reference herein Y Y Y Y Y Y Exhibit A. Joint Filing Agreement (incorporated by reference to Exhibit A to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on August 14, 2025). Junjie Zhang /s/ Junjie Zhang 02/13/2026 Partea Ltd. /s/ Junjie Zhang 02/13/2026