Norges Bank, the central bank of Norway, has reported a significant ownership position in Atour Lifestyle Holdings Ltd. As of 12/31/2025, it beneficially owned 22,234,836 Class A ordinary shares, representing 6.5% of this share class, held in the form of 7,411,612 ADRs.
Norges Bank has sole voting power over all 22,234,836 shares, with sole dispositive power over 1,855,032 shares and shared dispositive power over 20,379,804 shares. Certain shares are invested on behalf of the Government of Norway. The position is certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of Atour.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Atour Lifestyle Holdings Ltd
(Name of Issuer)
Class A ordinary shares
(Title of Class of Securities)
04965M106
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
04965M106
1
Names of Reporting Persons
Norges Bank
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NORWAY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
22,234,836.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,855,032.00
8
Shared Dispositive Power
20,379,804.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
22,234,836.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.5 %
12
Type of Reporting Person (See Instructions)
FI, OO
Comment for Type of Reporting Person: 22,234,836 Class A ordinary shares held in the form of 7,411,612 ADRs
Address or principal business office or, if none, residence:
Bankplassen 2, PO Box 1179 Sentrum, Oslo, NO-0107, Oslo, Norway
(c)
Citizenship:
Norway
(d)
Title of class of securities:
Class A ordinary shares
(e)
CUSIP No.:
04965M106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
investment adviser
Item 4.
Ownership
(a)
Amount beneficially owned:
22,234,836
(b)
Percent of class:
6.5 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
22,234,836
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,855,032
(iv) Shared power to dispose or to direct the disposition of:
20,379,804
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Certain shares reported herein are invested on behalf of the Government of Norway.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. I also certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to the investment management division of Norges Bank, the central bank of Norway, is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake in Atour Lifestyle Holdings (ATAT) did Norges Bank report?
Norges Bank reported beneficial ownership of 22,234,836 Class A ordinary shares of Atour Lifestyle Holdings Ltd, representing 6.5% of that share class as of 12/31/2025.
How are Norges Bank’s Atour Lifestyle (ATAT) shares held?
The filing states that 22,234,836 Class A ordinary shares are held in the form of 7,411,612 ADRs, which represent the company’s Class A ordinary shares.
What voting and dispositive power does Norges Bank have over ATAT shares?
Norges Bank has sole voting power over 22,234,836 shares, no shared voting power, sole dispositive power over 1,855,032 shares, and shared dispositive power over 20,379,804 shares.
Are any of the Atour Lifestyle (ATAT) shares held on behalf of another party?
Yes. The filing notes that certain shares reported are invested on behalf of the Government of Norway.
Did Norges Bank indicate an intent to influence control of Atour Lifestyle (ATAT)?
No. Norges Bank certified the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Atour Lifestyle Holdings Ltd.
What form did Norges Bank use to disclose its ATAT holdings?
The holdings were disclosed on a Schedule 13G, which is used for reporting certain beneficial ownership positions, and the filer is classified as an investment adviser under the rule reference in the document.