Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  Notes to Rows 5, 7, and 9: Represents 37,594,146 Class A ordinary shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Its general partner is Gopher Asset Management Co., Ltd., which is wholly owned by Shanghai Noah Investment Management Co., Ltd. Mr. Zhe Yin serves as Executive Director of Shanghai Noah Investment Management Co. and shares voting and investment control over the shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Note to Row 11: Represents 9.4% of the issuer's total outstanding Class A ordinary shares, and 7.8% of the issuer's total outstanding ordinary shares. See Item 4.


SCHEDULE 13G



Comment for Type of Reporting Person:  Notes to Rows 5, 7, and 9: Represents 37,594,146 Class A ordinary shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Its general partner is Gopher Asset Management Co., Ltd., which is wholly owned by Shanghai Noah Investment Management Co., Ltd. Mr. Zhe Yin serves as Executive Director of Shanghai Noah Investment Management Co. and shares voting and investment control over the shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Note to Row 11: Represents 9.4% of the issuer's total outstanding Class A ordinary shares, and 7.8% of the issuer's total outstanding ordinary shares. See Item 4.


SCHEDULE 13G



Comment for Type of Reporting Person:  Notes to Rows 5, 7, and 9: Represents 37,594,146 Class A ordinary shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Its general partner is Gopher Asset Management Co., Ltd., which is wholly owned by Shanghai Noah Investment Management Co., Ltd. Mr. Zhe Yin serves as Executive Director of Shanghai Noah Investment Management Co. and shares voting and investment control over the shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Note to Row 11: Represents 9.4% of the issuer's total outstanding Class A ordinary shares, and 7.8% of the issuer's total outstanding ordinary shares. See Item 4.


SCHEDULE 13G



Comment for Type of Reporting Person:  Notes to Rows 5, 7, and 9: Represents 37,594,146 Class A ordinary shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Its general partner is Gopher Asset Management Co., Ltd., which is wholly owned by Shanghai Noah Investment Management Co., Ltd. Mr. Zhe Yin serves as Executive Director of Shanghai Noah Investment Management Co. and shares voting and investment control over the shares held by Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership). Note to Row 11: Represents 9.4% of the issuer's total outstanding Class A ordinary shares, and 7.8% of the issuer's total outstanding ordinary shares. See Item 4.


SCHEDULE 13G


 
Tianjin Nuofeng Enterprise Management Consulting Partnership (Limited Partnership)
 
Signature:/s/ Zhe Yin
Name/Title:Director
Date:08/12/2025
 
Gopher Asset Management Co., Ltd.
 
Signature:/s/ Zhe Yin
Name/Title:Director
Date:08/12/2025
 
Shanghai Noah Investment Management Co., Ltd.
 
Signature:/s/ Zhe Yin
Name/Title:Executive Director
Date:08/12/2025
 
Zhe Yin
 
Signature:/s/ Zhe Yin
Name/Title:Zhe Yin
Date:08/12/2025
Exhibit Information

Exhibit A* - Joint Filing Agreement dated August 12, 2025 by and among the Reporting Persons.

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