Norges Bank (BILI) discloses 23.5M Bilibili shares, a 6.8% ownership stake

Rhea-AI Filing Summary

Norges Bank, the central bank of Norway, reports beneficial ownership of 23,468,189 shares of Bilibili Inc. common stock on a Schedule 13G/A, representing 6.7958% of the class. Norges Bank has sole voting power over all 23,468,189 shares.

The filing shows sole dispositive power over 4,894,809 shares and shared dispositive power over 18,573,380 shares. Certain shares are invested on behalf of the Government of Norway, and Norges Bank is identified as an investment adviser subject to a foreign regulatory scheme it describes as substantially comparable to that of similar U.S. institutions.

Key Figures

Beneficial ownership: 23,468,189 shares Ownership percentage: 6.7958% Sole voting power: 23,468,189 shares +2 more

5 metrics

Beneficial ownership 23,468,189 shares Common stock beneficially owned by Norges Bank

Ownership percentage 6.7958% Percent of Bilibili Inc. common stock class

Sole voting power 23,468,189 shares Shares over which Norges Bank has sole power to vote

Sole dispositive power 4,894,809 shares Shares over which Norges Bank can solely direct disposition

Shared dispositive power 18,573,380 shares Shares over which disposition power is shared

Key Terms

beneficially owned, sole power to vote, dispositive power, Investment Adviser, +1 more

5 terms

beneficially owned financial

"Ownership (a) | Amount beneficially owned: 23468189"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole power to vote financial

"Number of shares as to which the person has | (i) Sole power to vote"

dispositive power financial

"Sole power to dispose or to direct the disposition of"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Investment Adviser financial

"CUSIP No.: 090040106 | Investment Adviser"

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

Schedule 13D regulatory

"information that would otherwise be disclosed in a Schedule 13D"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/12/2026 - 06:36 AM Accepted by SEC EDGAR 08/12/2026 - 06:36 AM Learn about SEC filing dates

FAQ

What percentage of Bilibili Inc. (BILI) does Norges Bank currently own?

Norges Bank reports beneficial ownership of 6.7958% of Bilibili Inc. common stock. This corresponds to 23,468,189 shares, giving the Norwegian central bank a significant institutional position in the company’s equity.

How many Bilibili Inc. (BILI) shares does Norges Bank have voting power over?

Norges Bank has sole voting power over 23,468,189 Bilibili shares. The filing states there is no shared voting power, so all reported voting authority is held solely by Norges Bank.

What is the difference between Norges Bank’s voting and dispositive power in Bilibili (BILI)?

Norges Bank can vote 23,468,189 shares but has sole dispositive power over 4,894,809 shares and shared dispositive power over 18,573,380. This means sale or transfer decisions are partly shared with other parties.

Does Norges Bank hold Bilibili (BILI) shares on behalf of other investors?

Yes. The filing notes that certain shares reported are invested on behalf of the Government of Norway. This reflects Norges Bank’s role as an investment manager rather than only a proprietary investor.

What type of filer is Norges Bank in this Bilibili (BILI) Schedule 13G/A?

Norges Bank is identified as an Investment Adviser. It also certifies that its investment management division is subject to a foreign regulatory regime substantially comparable to equivalent U.S. institutions’ frameworks.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Bilibili Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

090040106

(CUSIP Number)

06/30/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 090040106

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 23,468,189.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,894,809.00
8	Shared Dispositive Power 18,573,380.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

23,468,189.00

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)

6.7958 %

12

Type of Reporting Person (See Instructions)

FI, OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Bilibili Inc.
(b)	Address of issuer's principal executive offices: No. 485 Zhengli Road, Yangpu District, Building 3, Guozheng Center, Shanghai, F4, 200433
Item 2.
(a)	Name of person filing: Norges Bank
(b)	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: Common Stock
(e)	CUSIP No.: 090040106
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: 23468189
(b)	Percent of class: 6.7958 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 23468189
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4894809
	(iv) Shared power to dispose or to direct the disposition of: 18573380
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.

Norges Bank

Signature:	Stanislav Boiadjiev
Name/Title:	Business and Regulatory Compliance
Date:	08/12/2026