Li Auto (LI) director Fan Zheng discloses 83,078,960 indirect shares

Rhea-AI Filing Summary

Li Auto Inc. director Fan Zheng filed an initial ownership report on Class A ordinary shares. The filing shows indirect beneficial ownership of 83,078,960 Class A ordinary shares held through Rainbow Six Limited. This Form 3 does not report any new purchase or sale transactions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fan Zheng

Role Director

Type	Security	Shares	Price	Value
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 83,078,960 shares (Indirect, By Rainbow Six Limited)

Footnotes (1)

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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^*

Fan Zheng

(Last) (First) (Middle)

11 WENLIANG STREET, SHUNYI DISTRICT

(Street)

BEIJING 101399

(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
Li Auto Inc. [ LI ]

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		10% Owner
	Officer (give title below)		Other (specify below)

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 A ordinary shares	83,078,960	I	By Rainbow Six 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

Explanation of Responses:

	/s/ Zheng Fan	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 Li Auto (LI) director Fan Zheng report in this Form 3?

Fan Zheng reports his initial beneficial ownership position in Li Auto. The filing shows indirect ownership of 83,078,960 Class A ordinary shares held through Rainbow Six Limited, with no purchase or sale transactions reported in this document.

How many Li Auto Class A ordinary shares does Fan Zheng indirectly own?

The filing shows indirect beneficial ownership of 83,078,960 Class A ordinary shares. These shares are held through an entity named Rainbow Six Limited, reflecting Fan Zheng’s reportable position rather than a new transaction in the company’s stock.

Is Fan Zheng’s Li Auto Form 3 a buy or sell transaction?

The Form 3 is not a buy or sell transaction. It is an initial ownership report that discloses Fan Zheng’s existing indirect beneficial ownership of 83,078,960 Class A ordinary shares held through Rainbow Six Limited, with no trade activity indicated.

How is Fan Zheng’s Li Auto shareholding structured in this filing?

The filing classifies the holdings as indirect ownership. It states that 83,078,960 Class A ordinary shares are held through Rainbow Six Limited, meaning the position is reported via that entity rather than as directly held shares in his own name.

Why is a Form 3 filed for Li Auto director Fan Zheng?

Form 3 is filed when someone becomes a reporting insider for a company. In this case, director Fan Zheng is disclosing his initial indirect beneficial ownership of 83,078,960 Li Auto Class A ordinary shares held through Rainbow Six Limited, establishing a baseline position.