FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260909E00538 
1. Date of relevant event: 04/09/2026
(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: 09626
4. Name of listed corporation: Bilibili Inc. - W 
5. Class of shares: Others 
6. Number of issued shares in class: 345,334,100
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
11035The percentage level of your interest in the shares has increased because:
you became the holder of, wrote or issued equity derivatives under which (choose one):
you have any of the rights or obligations referred to in 11031 to 11034 above embedded in a contract or instrument
2201Interest of corporation controlled by you
10,067,480
Short position 
 
 
 
           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position40,014,00811.59
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position50,081,48814.50
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2201Interest of corporation controlled by you
Long position50,081,488

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
4104Listed derivatives - Other (you must describe the category of derivatives in the Supplementary Information box)
Long position11,674,167
4107Unlisted derivatives - Convertible instruments
Long position10,067,480
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
Huang River Investment LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)Tencent Holdings Limited100.00Y
Long position21,021,837
Tencent Mobility Limited29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)Tencent Holdings Limited100.00Y
Long position29,011,651
THL A13 LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)Tencent Holdings Limited100.00N
Long position48,000
Qinghai Lake Investment LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands (British Virgin Islands)Tencent Holdings Limited100.00N
Long position48,000
Tencent Mobility Limited29/F., Three Pacific Place, No. 1 Queen's Road East, Wanchai, Hong Kong (Hong Kong)Tencent Holdings Limited100.00N
Long position48,000
China Literature LimitedThe offices of Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands (Cayman Islands)THL A13 Limited26.40Y
Long position48,000
China Literature LimitedThe offices of Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands (Cayman Islands)Qinghai Lake Investment Limited22.68Y
Long position48,000
China Literature LimitedThe offices of Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands (Cayman Islands)Tencent Mobility Limited7.70Y
Long position48,000

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber 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:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: Boxes 5-6: The issued shares held are the Class Z ordinary shares ("Shares") of Bilibili Inc. ("Bilibili"). Box 17 and Box 21: Huang River has agreed to subscribe for US$200 million convertible senior notes, subject to approval by Bilibili's disinterested shareholders and the satisfaction of other conditions precedent. Please refer to Bilibili's announcement dated 4 September 2026 for details. Box 21: Listed derivatives represent an aggregate of 11,674,167 American Depositary 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: 09/09/2026
(dd/mm/yyyy)