Here Group (HERE) CEO Peng Li discloses 49,859,049 Class B shares via trust

Rhea-AI Filing Summary

Here Group Ltd director and Chief Executive Officer Peng Li has filed an initial statement of beneficial ownership, reporting indirect control over 49,859,049 Class B ordinary shares of the company. These shares are held through Even Par Holding Limited, which is ultimately controlled via the NICE PAR TRUST for the benefit of Mr. Li and his family.

Under the trust arrangement, Mr. Li can direct the trustee on how to vote, retain, or dispose of the shares, and he serves as the sole director of Even Par Holding Limited. This filing does not report any new purchase or sale, but formally discloses his significant existing stake and governance influence.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Li Peng (Matt)

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Class B Ordinary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 49,859,049 shares (Indirect, By Even Par Holding Limited)

Footnotes (1)

1. [object Object]

Understanding Insider Trading Forms →

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Li Peng (Matt)

(Last) (First) (Middle)

RM 3008, 30/F, TWO EXCHANGE SQUARE

8 CONNAUGHT PLACE

(Street)

CENTRAL 000000

(City) (State) (Zip)

HONG KONG

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
Here Group Ltd [ HERE ]

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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive 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)
Class B Ordinary Shares	49,859,049	I	By Even Par Holding Limited(1)

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

Explanation of Responses:

1. Represents 49,859,049 Class B ordinary shares held by Even Par Holding Limited, a company incorporated in the British Virgin Islands. Even Par Holding Limited is controlled by NICE PAR TRUST, a trust established under a trust deed between Mr. Peng Li as settlor and Vistra Trust (Singapore) Pte. Limited as trustee. Mr. Peng Li and his family members are beneficiaries of NICE PAR TRUST. Under the terms of the trust deed of this trust, Mr. Peng Li has the power to direct the trustee with respect to the retention or disposal of, and the exercise of any voting and other rights attached to, the shares held by Even Par Holdings Limited in Here Group Limited. Mr. Peng Li is the sole director of Even Par Holdings Limited. The registered address of Even Par Holdings Limited is at the offices of Sertus Chambers, P.O. Box 905, Quastisky Building, Road Town, Tortola, British Virgin Islands.

	Peng Li	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)

FAQ

What does Peng Li report in his Form 3 for Here Group Ltd (HERE)?

Peng Li reports indirect beneficial ownership of 49,859,049 Class B ordinary shares of Here Group Ltd. The shares are held through Even Par Holding Limited and controlled via NICE PAR TRUST, reflecting his significant existing economic and voting interest in the company.

Is Peng Li’s Form 3 for HERE a buy or sell transaction?

The Form 3 for HERE does not report a buy or sell transaction. It is an initial statement of beneficial ownership, listing Peng Li’s existing indirect holdings through Even Par Holding Limited rather than documenting a new trade in the company’s shares.

How many Here Group Class B shares are held through Even Par Holding Limited?

Even Par Holding Limited holds 49,859,049 Class B ordinary shares of Here Group Ltd. These shares are held for the benefit of Peng Li and his family through NICE PAR TRUST, with Peng Li able to direct key decisions over the shares.

What role does NICE PAR TRUST play in Peng Li’s HERE share ownership?

NICE PAR TRUST is the controlling trust behind Even Par Holding Limited, which owns the 49,859,049 Class B shares. Peng Li is the settlor and a beneficiary, and can direct the trustee on voting, retention, or disposal of Here Group shares held by Even Par.

How is Peng Li connected to Even Par Holding Limited in the HERE filing?

Peng Li is the sole director of Even Par Holding Limited, which holds 49,859,049 Class B shares of Here Group. Through his role and powers under NICE PAR TRUST, he can influence how these shares are voted and whether they are retained or sold.