LI NI

PrivateCIK: 2011305

LI NI enters BILIBILI INC. with 8.20M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives
InsiderLI NICIK 2011305
IssuerBILIBILI INC.CIK 1723690
DirectorOfficer· Vice Chairwoman and COO
Since Mar 2026
8.20M
Baseline shares
12% direct
1M
Direct ownership
1 position
2.41M
Derivative underlying
2 instruments
2
Security positions
7.20M indirect
Non-Derivative Holdings2

Class Y Ordinary Shares

Indirect
Shares owned7.20M

Class Z Ordinary Shares

Direct
Shares owned1M
Total
1M direct·7.20M indirect8.20M
Derivative Holdings2

Performance-based Restricted Share Units

Direct
Underlying security
Class Z Ordinary Shares

Underlying shares

412K

Shares owned

N/A

Exercise price

Expiration

Exercise window

Share Option (right to buy)

Direct
Underlying security
Class Z Ordinary Shares

Underlying shares

2M

Shares owned

N/A

Exercise price

0.0001

Expiration

Exercise window

Total

Underlying

2.41M

Owned

0.00

LI NI — Initial Ownership Disclosure (Form 3) Filed Mar 17, 2026 | Finecho