[Form 3] Atour Lifestyle Holdings Ltd Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Atour Lifestyle Holdings Ltd co-chief financial officer Wang Shoudong filed an initial ownership report showing holdings of employee stock options and American Depositary Shares. The filing lists several option grants over Class A Ordinary Shares, including tranches with a $2.97 exercise price expiring on December 23, 2032 and additional low-priced options at $0.01 per share expiring between 2034 and 2035. The report also notes direct ownership of 1 American Depositary Share, with each ADS representing three Class A Ordinary Shares.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Wang Shoudong

(Last) (First) (Middle)

1ST FLOOR, WUZHONG BUILDING,

618 WUZHONG ROAD, MINHANG DISTRICT,

(Street)

SHANGHAI 201103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Atour Lifestyle Holdings Ltd [ ATAT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-chief financial officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares	1(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (Right to buy)	12/24/2023	12/23/2032	Class A Ordinary Shares	75,000	$2.97	D
Employee Stock Options (Right to buy)	12/24/2024	12/23/2032	Class A Ordinary Shares	75,000	$2.97	D
Employee Stock Options (Right to buy)	12/24/2025	12/23/2032	Class A Ordinary Shares	75,000	$2.97	D
Employee Stock Options (Right to buy)	12/24/2026	12/23/2032	Class A Ordinary Shares	75,000	$2.97	D
Employee Stock Options (Right to buy)	07/01/2024	06/30/2034	Class A Ordinary Shares	13,007	$0.01	D
Employee Stock Options (Right to buy)	07/01/2024	06/30/2034	Class A Ordinary Shares	7,804	$0.01	D
Employee Stock Options (Right to buy)	07/01/2025	06/30/2034	Class A Ordinary Shares	5,204	$0.01	D
Employee Stock Options (Right to buy)	02/24/2025	02/23/2035	Class A Ordinary Shares	4,871	$0.01	D
Employee Stock Options (Right to buy)	02/24/2025	02/23/2035	Class A Ordinary Shares	3,505	$0.01	D
Employee Stock Options (Right to buy)	01/02/2026	02/23/2035	Class A Ordinary Shares	2,922	$0.01	D
Employee Stock Options (Right to buy)	01/02/2026	02/23/2035	Class A Ordinary Shares	2,103	$0.01	D
Employee Stock Options (Right to buy)	01/02/2027	02/23/2035	Class A Ordinary Shares	1,950	$0.01	D
Employee Stock Options (Right to buy)	01/02/2027	02/23/2035	Class A Ordinary Shares	1,403	$0.01	D

Explanation of Responses:

1. Each American Depositary Share ("ADS") represents three Class A Ordinary Shares.

	/s/ Shoudong Wang	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)