MOGU Inc. (MOGU) director Chen Qi discloses large Class A, B and ADS stakes

Rhea-AI Filing Summary

MOGU Inc. director Chen Qi filed an initial ownership report showing substantial stakes in the company. Chen Qi indirectly holds Class B ordinary shares through Elevenhalf MG International Limited (220,151,966 shares) and Elevenhalf MG Holding Limited (83,082,038 shares), and directly holds 10,672,523 Class A ordinary shares and 268,850,400 American Depositary Shares. A footnote states that every ADS represents 300 Class A ordinary shares.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Chen Qi

Role Director

Type	Security	Shares	Price	Value
holding	Class B Ordinary Shares	--	--	--
holding	Class B Ordinary Shares	--	--	--
holding	Class A Ordinary Shares	--	--	--
holding	American Depositary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 220,151,966 shares (Indirect, Elevenhalf MG International Limited); Class A Ordinary Shares — 10,672,523 shares (Direct); American Depositary Shares — 268,850,400 shares (Direct)

Footnotes (1)

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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^*

Chen Qi

(Last) (First) (Middle)

MINGQI CENTER, 8/F BUILDING NO. 1

NO. 666 ZHENHUA ROAD

(Street)

HANGZHOU CHINA 310000

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/23/2026

3. Issuer Name and Ticker or Trading Symbol
MOGU Inc. [ MOGU ]

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 B Ordinary Shares	220,151,966	I	Elevenhalf MG International Limited
Class B Ordinary Shares	83,082,038	I	Elevenhalf MG Holding Limited
Class A Ordinary Shares	10,672,523	D
American Depositary Shares(1)	268,850,400	D

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. Every ADS represent 300 Class A ordinary shares.

	Qi Chen	03/23/2026
	** 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 Chen Qi’s Form 3 filing for MOGU Inc. show?

The Form 3 shows Chen Qi’s initial ownership in MOGU Inc., including large indirect holdings of Class B ordinary shares and direct holdings of Class A shares and ADSs, establishing his equity position as a company director.

How many Class B ordinary shares of MOGU does Chen Qi indirectly hold?

Chen Qi indirectly holds 220,151,966 Class B ordinary shares through Elevenhalf MG International Limited and 83,082,038 Class B ordinary shares through Elevenhalf MG Holding Limited, reflecting significant ownership via affiliated entities.

What direct shareholdings in MOGU Inc. are reported for Chen Qi?

Chen Qi directly holds 10,672,523 Class A ordinary shares and 268,850,400 American Depositary Shares. These positions are reported as direct ownership and complement his indirect Class B ordinary share stakes through related entities.

How are MOGU Inc. American Depositary Shares related to Class A shares?

A footnote states that every American Depositary Share represents 300 Class A ordinary shares. This ratio links the ADSs traded in depositary form to the underlying Class A equity in MOGU Inc.

Does Chen Qi’s Form 3 indicate recent buying or selling of MOGU shares?

The Form 3 records holdings only with no buy or sell transactions. It is an initial statement of beneficial ownership, listing Chen Qi’s existing positions rather than reporting new trades in MOGU securities.