Hong Kong Exchanges and Clearing Limited

FORM 2 - Corporate Substantial Shareholder Notice

Form Serial Number:

CS20260720E00221

1. Date of relevant event:

15/07/2026
(dd/mm/yyyy)

2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):

17/07/2026
(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:

3,676,223,297

7. Name of substantial shareholder:

JPMorgan Chase & Co.

8. Registered office:

270 Park Avenue, New York, New York, NY, 10017, United States

9. Principal place of business in Hong Kong:

N/A

15. Exchange on which listed:

New York Stock Exchange

16. Name of listed parent and exchange on which parent is listed:

N/A

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

1205	The percentage level of your interest in the shares has reduced because: you ceased to have a security interest in the shares

2201	Interest of corporation controlled by you

2201	Interest of corporation controlled by you

26,522,058

HKD

45.3100

44.6967

44.3167

3101

Cash

Short position

18. Total shares immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long position	273,089,860	7.42
Short position	104,946,491	2.85
Lending Pool	136,063,055	3.70

19. Total shares immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long position	246,567,802	6.70
Short position	79,790,346	2.17
Lending Pool	135,528,625	3.68

20. Capacity in which interests disclosed in Box 19 are held:

Capacity code

Number of shares

2101	Beneficial owner

Long position	77,268,676
Short position	79,694,544

2102	Investment manager

Long position	5,371,651
Short position	95,802

2106	Person having a security interest in shares

Long position	28,398,850
Short position	0

2502	Approved lending agent

Long position	135,528,625
Short position	0

21. Further information in respect of derivative interests:

Derivatives code

Number of shares

4101	Listed derivatives - Physically settled

Long position	8,705,500
Short position	13,667,000

4102	Listed derivatives - Cash settled

Long position	95,906
Short position	3,938,879

4105	Unlisted derivatives - Physically settled

Long position	10,098,253
Short position	19,505,787

4106	Unlisted derivatives - Cash settled

Long position	44,281,409
Short position	19,586,936

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

JPMorgan Asset Management (China) Company Limited

42F&43F 479 Lujiazui Ring Road China (Shanghai) Pilot Free Trade Zone Shanghai 200120 China

JPMorgan Asset Management Holdings Inc.

100.00

Long position	1,855,000
Short position	0

JPMorgan Securities (Thailand) Limited

548 One City Centre Building, 50th Floor, Ploenchit Road, Lumphini, Pathum Wan, Bangkok 10330 Thailand

J.P. Morgan International Finance Limited

99.00

Long position	6
Short position	61,279

J.P. Morgan SE

TaunusTurm Taunustor 1 Frankfurt am Main Frankfurt 60310 Germany

J.P. Morgan International Finance Limited

100.00

Long position	1,400
Short position	0

J.P. MORGAN MARKETS LIMITED

25 Bank Street Canary Wharf London E14 5JP England

J.P. MORGAN FINANCIAL INVESTMENTS LIMITED

100.00

Long position	3,925
Short position	0

J.P. Morgan Securities LLC

270 Park Avenue New York NY 10017 United States

J.P. Morgan Broker-Dealer Holdings Inc.

100.00

Long position	28,016,534
Short position	402,793

JPMORGAN ASSET MANAGEMENT (UK) LIMITED

60 Victoria Embankment London EC4Y0JP England

JPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITED

100.00

Long position	1,947,613
Short position	2

J.P. Morgan Investment Management Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Asset Management Holdings Inc.

100.00

Long position	394,094
Short position	0

J.P. Morgan Prime Inc.

270 Park Avenue New York NY 10017 United States

J.P. Morgan Securities LLC

100.00

Long position	14,819
Short position	14,819

JPMorgan Chase Bank, National Association

1111 Polaris Parkway Columbus OH 43240 United States

JPMorgan Chase & Co.

100.00

Long position	136,703,569
Short position	0

J.P. Morgan Alternative Asset Management, Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Asset Management Holdings Inc.

100.00

Long position	0
Short position	95,800

J.P. MORGAN SECURITIES PLC

25 Bank Street Canary Wharf London E14 5JP England

J.P. MORGAN CAPITAL HOLDINGS LIMITED

100.00

Long position	77,630,842
Short position	79,215,653

JPMorgan Asset Management Holdings Inc.

270 Park Avenue New York NY 10017 United States

JPMorgan Chase Holdings LLC

100.00

Long position	4,196,707
Short position	95,802

JPMorgan Chase Holdings LLC

270 Park Avenue New York NY 10017 United States

JPMorgan Chase & Co.

100.00

Long position	32,231,985
Short position	513,414

J.P. Morgan International Finance Limited

270 Park Avenue New York NY 10017 United States

JPMorgan Chase Bank, National Association

100.00

Long position	77,632,248
Short position	79,276,932

JPMorgan Chase Bank, National Association

1111 Polaris Parkway Columbus OH 43240 United States

JPMorgan Chase & Co.

100.00

Long position	77,632,248
Short position	79,276,932

J.P. MORGAN FINANCIAL INVESTMENTS LIMITED

25 Bank Street Canary Wharf London E14 5JP England

JPMorgan Chase Holdings LLC

100.00

Long position	3,925
Short position	0

J.P. Morgan Broker-Dealer Holdings Inc.

4 Chase Metrotech Center 4th Floor Brooklyn NY 11245 United States

JPMorgan Chase Holdings LLC

100.00

Long position	28,031,353
Short position	417,612

JPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITED

60 Victoria Embankment London EC4Y0JP England

JPMorgan Asset Management Holdings Inc.

100.00

Long position	1,947,613
Short position	2

J.P. Morgan Securities LLC

270 Park Avenue New York NY 10017 United States

J.P. Morgan Broker-Dealer Holdings Inc.

100.00

Long position	14,819
Short position	14,819

J.P. MORGAN CAPITAL HOLDINGS LIMITED

25 Bank Street Canary Wharf London E14 5JP England

J.P. Morgan International Finance Limited

100.00

Long position	77,630,842
Short position	79,215,653

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:

As of date of relevant event, KUAISHOU TECHNOLOGY issued share capital 3676223297 of class B shares.

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:

20/07/2026
(dd/mm/yyyy)