Huize (HUIZ) CEO Ma Cunjun reports options, ADS and Class B stakes

Rhea-AI Filing Summary

Huize Holding Ltd director and CEO Ma Cunjun filed an initial ownership report showing significant equity interests in the company. The filing lists multiple option awards over Class A common shares with an exercise price of $0.0024 per share and expiration dates ranging from 2029 to 2034. It also shows direct holdings of American depositary shares, where each ADS represents one hundred Class A common shares. In addition, Ma has indirect ownership of Class B common shares through Huidz Holding Limited, reflecting a substantial indirect stake. These disclosures outline his current equity alignment with Huize Holding Ltd rather than any new share purchases or sales.

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^*

Ma Cunjun

(Last) (First) (Middle)

49/F, BUILDING T1, QIANHAI FINANCIAL

CENTRE, LINHAI AVENUE, QIANHAI SHENZHEN

(Street)

SHENZHEN, GUANGDONG PROVINCE 518000

(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
Huize Holding Ltd [ HUIZ ]

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)
American depositary shares(1)	10,020,000	D
Class B common shares	150,591,207	I	By Huidz Holding Limited

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
Options	06/30/2026	04/22/2034	Class A common shares	104,704,800(2)	$0.0024	D
Options	03/31/2025	03/14/2033	Class A common shares	20,660,000(3)	$0.0024	D
Options	09/30/2023	09/08/2031	Class A common shares	3,911,945(4)	$0.0024	D
Options	06/30/2023	06/30/2029	Class A common shares	7,556,701(5)	$0.0024	D

Explanation of Responses:

1. Each American depositary share ("ADS") represents one hundred (100) Class A common shares of Huize Holding Limited (the "Company"), with a par value of US$0.00001 per share.

2. The 104,704,800 options were granted to the reporting person on April 22, 2024, and are scheduled to vest in eight equal quarterly installments of 13,088,100 options each over a two-year period. Six out of the eight installments have already vested, and the remaining two installments will vest on March 31, 2026 and June 30, 2026, respectively.

3. The 20,660,000 options were granted to the reporting person on March 14, 2023 and have been fully vested.

4. The 3,911,945 options were granted to the reporting person on September 8, 2021 and have been fully vested.

5. The 7,556,701 options were granted to the reporting person on June 30, 2019 and have been fully vested.

	/s/ Cunjun Ma	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 Huize Holding Ltd (HUIZ) disclose in Ma Cunjun’s Form 3?

The filing discloses Ma Cunjun’s existing equity interests in Huize Holding Ltd, including options over Class A common shares, direct American depositary share holdings, and indirect Class B common share ownership through Huidz Holding Limited, establishing his starting ownership position as a director, CEO, and ten-percent owner.

What option awards over Huize (HUIZ) Class A shares does Ma Cunjun report?

Ma reports several option grants over Class A common shares with an exercise price of $0.0024 per share and expiration dates between 2029 and 2034. Footnotes explain that some grants are fully vested while one large grant vests in eight quarterly installments over a two-year period.

How many Huize (HUIZ) American depositary shares does Ma Cunjun hold directly?

The Form 3 shows direct holdings of American depositary shares with a total reported balance of 10,020,000 ADSs. A footnote clarifies that each ADS represents one hundred Class A common shares of Huize Holding Ltd, giving investors clarity on the underlying equity represented.

What is the ADS-to-share ratio for Huize Holding Ltd (HUIZ)?

Each American depositary share of Huize Holding Ltd represents one hundred Class A common shares. This ratio is stated in the footnotes, helping investors translate ADS holdings into the underlying number of ordinary shares represented in Ma Cunjun’s reported position.

How are Huize (HUIZ) Class B common shares held for Ma Cunjun?

The filing reports indirect ownership of Class B common shares held "By Huidz Holding Limited." This indicates Ma’s interest is structured through that entity rather than personally, an important detail for understanding his voting and economic exposure to Huize Holding Ltd.

Do Huize (HUIZ) Form 3 holdings show new insider buying or selling?

No. The entries are classified as holdings, not purchases or sales. The Form 3 establishes Ma Cunjun’s existing ownership in options, ADSs, and Class B shares when he became a reporting insider, rather than recording new market transactions in Huize securities.