FORM 2 - Corporate Substantial Shareholder Notice
Form Serial Number
:
CS20260709E00596
1.
Date of relevant event
:
09/07/2026
(dd/mm/yyyy)
2.
Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later)
:
(dd/mm/yyyy)
3.
Stock code
:
01024
4.
Name of listed corporation
:
Kuaishou Technology - W
5.
Class of shares
:
Others
6.
Number of issued shares in class
:
3,676,070,036
7.
Name of substantial shareholder
:
Tencent Holdings Limited
8.
Registered office
:
Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands
9.
Principal place of business in Hong Kong
:
29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong
15.
Exchange on which listed
:
Hong Kong Stock Exchange
16.
Name of listed parent and exchange on which parent is listed
:
17.
Details of relevant event
:
Brief description of relevant event
Capacity in which shares were/are held
Number of shares bought/sold or involved
Currency of transaction
On Exchange
Off Exchange
Before relevant event
After relevant event
Highest price (per share)
Average price (per share)
Average consideration (per share)
Nature of consideration
Long position
1201
The percentage level of your interest in the shares has reduced because:
you completed a sale of the shares
2201
Interest of corporation controlled by you
272,947,700
HKD
43.1000
3101
Cash
Short position
18.
Total shares immediately before the relevant event
:
Total number of shares
Percentage figure (%)
Long position
678,583,107
18.46
19.
Total shares immediately after the relevant event
:
Total number of shares
Percentage figure (%)
Long position
405,635,407
11.03
20.
Capacity in which interests disclosed in Box 19 are held
:
Capacity code
Number of shares
2201
Interest of corporation controlled by you
Long position
405,635,407
21.
Further information in respect of derivative interests
:
Derivatives code
Number of shares
22.
Further information in relation to interests of corporations controlled by substantial shareholder
:
Name of controlled corporation
Address and place of incorporation
Name of controlling person
% control
Direct interest (Y/N)
Number of shares
Tencent Mobility Limited
29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)
Tencent Holdings Limited
100.00
Y
Long position
233,196,154
Image Frame Investment (HK) Limited
29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)
Tencent Holdings Limited
100.00
Y
Long position
80,048,189
Morespark Limited
29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)
Tencent Holdings Limited
100.00
Y
Long position
53,619,657
Oriental Power Holdings Limited
29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)
Tencent Holdings Limited
100.00
N
Long position
31,972,215
Nasturtium Investment Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)
Oriental Power Holdings Limited
100.00
N
Long position
31,972,215
TPP GP II, Ltd.
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
Nasturtium Investment Limited
100.00
N
Long position
31,972,215
TPP Fund II, L.P.
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
TPP GP II, Ltd.
100.00
N
Long position
31,972,215
TPP Fund II Holding A Limited
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
TPP Fund II, L.P.
100.00
N
Long position
31,972,215
Parallel Nebula Investment L.P.
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
TPP Fund II Holding A Limited
100.00
N
Long position
31,972,215
Parallel Nebula GP Limited
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
Tencent Holdings Limited
100.00
N
Long position
31,972,215
Parallel Nebula Investment L.P.
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
Parallel Nebula GP Limited
100.00
N
Long position
31,972,215
Parallel Nebula Investment Limited
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
Parallel Nebula Investment L.P.
100.00
Y
Long position
31,972,215
Oriental Power Holdings Limited
29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)
Tencent Holdings Limited
100.00
N
Long position
6,003,614
Nasturtium Investment Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)
Oriental Power Holdings Limited
100.00
N
Long position
6,003,614
TPP Follow-on GP I, Ltd.
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
Nasturtium Investment Limited
100.00
N
Long position
6,003,614
TPP Follow-on Fund I, L.P.
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
TPP Follow-on GP I, Ltd.
100.00
N
Long position
6,003,614
TPP Follow-on I Holding F Limited
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)
TPP Follow-on Fund I, L.P.
100.00
Y
Long position
6,003,614
THL A25 Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)
Tencent Holdings Limited
100.00
Y
Long position
656,867
THL A6 Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)
Tencent Holdings Limited
100.00
Y
Long position
138,711
23.
Further information in relation to interests held by substantial shareholder jointly with another person
:
Name of joint shareholder
Address
Number of shares
24.
Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust
:
Names of trust
Address
Status code
Number of shares
25.
Further information from a party to an agreement under Section 317 (Please see Notes for further information required)
:
Names of other parties
Address
Number of shares
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26.
Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act
:
Names
Address
Relationship Code
Percentage (%)
27.
Supplementary information
:
Boxes 5-6: The issued shares held are the Class B ordinary shares of Kuaishou Technology.
28.
Log/Serial Number of the previous form
:
29.
Number of concert party document(s) under section 317 attached/uploaded
:
Date of filing this Form 2
:
09/07/2026
(dd/mm/yyyy)