Pony AI Inc. Schedule 13G/A discloses that a group of related entities and an individual, led by Neil Nanpeng Shen, collectively beneficially own 27,461,175 Class A Ordinary Shares (comprised of 21,538,178 Class A Ordinary Shares and 5,922,997 American Depositary Shares), representing 10.0% of the Class A shares outstanding. Ownership is held directly by HSG Venture VI Holdco (23,100,814 shares) and HSG Venture VII Holdco (4,360,361 shares), with ultimate ownership links through HongShan Capital Venture Funds, HSG Holding, SNP China Enterprises and NS. The filing reports no sole voting or dispositive power and only shared voting and dispositive power across the reporting persons. The percentage base is a total of 274,203,783 Class A Ordinary Shares outstanding as of April 10, 2025, per the issuer's 20-F.
Positive
Clear quantitative disclosure of total beneficial ownership: 27,461,175 shares
Specified composition of holdings: 21,538,178 Class A Ordinary Shares and 5,922,997 American Depositary Shares
Ownership chain detailed from Holdcos to funds to ultimate owner Neil Nanpeng Shen, improving transparency
Percentage basis provided: uses 274,203,783 Class A shares outstanding as of April 10, 2025
Negative
None.
Insights
TL;DR: A related-investor group reports a combined 10.0% stake in Pony AI, disclosed via Schedule 13G/A.
The filing clearly quantifies the group's economic interest and voting/dispositive arrangements, showing 27,461,175 shares beneficially owned and specifying the split between Class A shares and ADSs. For modeling or ownership-cap table work, use the reported 274,203,783 share base and the disclosed share counts per entity. The absence of sole voting or dispositive power indicates the positions are reported as shared control among the group entities and the individual signer.
TL;DR: Related entities and their ultimate owner disclosed group ownership and control links, meeting Schedule 13G/A reporting requirements.
The filing maps the ownership chain from HSG Venture Holdcos through HongShan funds to HSG Holding, SNP China Enterprises and Neil Nanpeng Shen, clarifying beneficial ownership and shared voting/dispositive power. Signatures by the authorized signatory are provided for each reporting entity, and the filing cites the 20-F share count used to calculate the 10.0% threshold.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Pony AI Inc.
(Name of Issuer)
Class A Ordinary Shares , par value $0.0005 per share
(Title of Class of Securities)
732908108
(CUSIP Number)
06/30/2025
(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)
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HSG Venture VI Holdco, Ltd. ("HSG Venture VI Holdco")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
23,100,814.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
23,100,814.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
23,100,814.00
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)
8.4 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 18,118,287 Class A Ordinary Shares and 4,982,527 American Depositary Shares.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HSG Venture VII Holdco, Ltd. ("HSG Venture VII Holdco")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,360,361.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,360,361.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,360,361.00
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)
1.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 3,419,891 Class A Ordinary Shares and 940,470 American Depositary Shares.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HongShan Capital Venture Fund VI, L.P. ("HongShan Capital Venture Fund VI")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
23,100,814.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
23,100,814.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
23,100,814.00
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)
8.4 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 18,118,287 Class A Ordinary Shares and 4,982,527 American Depositary Shares (together, the "shares"). 23,100,814 shares are directly owned by HSG VENTURE VI HOLDCO. The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HongShan Capital Venture Fund VII, L.P. ("HongShan Capital Venture Fund VII")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,360,361.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,360,361.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,360,361.00
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)
1.6 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 3,419,891 Class A Ordinary Shares and 940,470 American Depositary Shares (together, the "shares"). 4,360,361 shares are directly owned by HSG VENTURE VII HOLDCO. The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HSG Venture VI Management, L.P. ("HSG Venture VI Management")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
23,100,814.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
23,100,814.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
23,100,814.00
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)
8.4 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 18,118,287 Class A Ordinary Shares and 4,982,527 American Depositary Shares (together, the "shares"). 23,100,814 shares are directly owned by HSG VENTURE VI HOLDCO. The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HSG Venture VII Management, L.P. ("HSG Venture VII Management")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,360,361.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,360,361.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,360,361.00
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)
1.6 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 3,419,891 Class A Ordinary Shares and 940,470 American Depositary Shares (together, the "shares"). 4,360,361 shares are directly owned by HSG VENTURE VII HOLDCO. The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII. The General Partner of HONGSHAN CAPITAL VENTURE FUND VII is HSG VENTURE VII MANAGEMENT.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
HSG Holding Limited ("HSG Holding")
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
27,461,175.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
27,461,175.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
27,461,175.00
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)
10.0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 21,538,178 Class A Ordinary Shares and 5,922,997 American Depositary Shares (together, the "shares"). 23,100,814 shares are directly owned by HSG VENTURE VI HOLDCO and 4,360,361 shares are directly owned by HSG VENTURE VII HOLDCO. The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI. The General Partner of HONGSHAN CAPITAL VENTURE FUND VI is HSG VENTURE VI MANAGEMENT. The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII. The General Partner of HONGSHAN CAPITAL VENTURE FUND VII is HSG VENTURE VII MANAGEMENT. The General Partner of each of HSG VENTURE VI MANAGEMENT and HSG VENTURE VII MANAGEMENT is HSG HOLDING.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
SNP China Enterprises Limited ("SNP China Enterprises")
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
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
27,461,175.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
27,461,175.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
27,461,175.00
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)
10.0 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 21,538,178 Class A Ordinary Shares and 5,922,997 American Depositary Shares (together, the "shares"). 23,100,814 shares are directly owned by HSG VENTURE VI HOLDCO and 4,360,361 shares are directly owned by HSG VENTURE VII HOLDCO. The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI. The General Partner of HONGSHAN CAPITAL VENTURE FUND VI is HSG VENTURE VI MANAGEMENT. The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII. The General Partner of HONGSHAN CAPITAL VENTURE FUND VII is HSG VENTURE VII MANAGEMENT. The General Partner of each of HSG VENTURE VI MANAGEMENT and HSG VENTURE VII MANAGEMENT is HSG HOLDING. HSG HOLDING is wholly owned by SNP CHINA ENTERPRISES.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
CUSIP No.
732908108
1
Names of Reporting Persons
Neil Nanpeng Shen ("NS")
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
HONG KONG
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
27,461,175.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
27,461,175.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
27,461,175.00
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)
10.0 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person:
Row 6, 8 and 9. Represented by 21,538,178 Class A Ordinary Shares and 5,922,997 American Depositary Shares (together, the "shares"). 23,100,814 shares are directly owned by HSG VENTURE VI HOLDCO and 4,360,361 shares are directly owned by HSG VENTURE VII HOLDCO. The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI. The General Partner of HONGSHAN CAPITAL VENTURE FUND VI is HSG VENTURE VI MANAGEMENT. The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII. The General Partner of HONGSHAN CAPITAL VENTURE FUND VII is HSG VENTURE VII MANAGEMENT. The General Partner of each of HSG VENTURE VI MANAGEMENT and HSG VENTURE VII MANAGEMENT is HSG HOLDING. HSG HOLDING is wholly owned by SNP CHINA ENTERPRISES. NS wholly owns SNP CHINA ENTERPRISES.
Row 11. Based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Pony AI Inc.
(b)
Address of issuer's principal executive offices:
1301 Pearl Development Building, 1 Mingzhu 1st Street, Hengli Town, Nansha District, Guangzhou, 511458, People's Republic of China
Item 2.
(a)
Name of person filing:
HSG Venture VI Holdco, Ltd.
HSG Venture VII Holdco, Ltd.
HongShan Capital Venture Fund VI, L.P.
HongShan Capital Venture Fund VII, L.P.
HSG Venture VI Management, L.P.
HSG Venture VII Management, L.P.
HSG Holding Limited
SNP China Enterprises Limited
Neil Nanpeng Shen
The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI. The General Partner of HONGSHAN CAPITAL VENTURE FUND VI is HSG VENTURE VI MANAGEMENT. The General Partner of HSG VENTURE VI MANAGEMENT is HSG HOLDING. HSG HOLDING is wholly owned by SNP CHINA ENTERPRISES. NS wholly owns SNP CHINA ENTERPRISES.
The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII. The General Partner of HONGSHAN CAPITAL VENTURE FUND VII is HSG VENTURE VII MANAGEMENT. The General Partner of HSG VENTURE VII MANAGEMENT is HSG HOLDING. HSG HOLDING is wholly owned by SNP CHINA ENTERPRISES. NS wholly owns SNP CHINA ENTERPRISES.
(b)
Address or principal business office or, if none, residence:
Suite 3613, 36/F, Two Pacific Place
88 Queensway
Hong Kong
(c)
Citizenship:
HSG VENTURE VI HOLDCO, HSG VENTURE VII HOLDCO, HONGSHAN CAPITAL VENTURE FUND VI, HONGSHAN CAPITAL VENTURE FUND VII, HSG VENTURE VI MANAGEMENT, HSG VENTURE VII MANAGEMENT, HSG HOLDING: Cayman Islands; SNP CHINA ENTERPRISES: British Virgin Islands; NS: Hong Kong SAR
(d)
Title of class of securities:
Class A Ordinary Shares , par value $0.0005 per share
(e)
CUSIP No.:
732908108
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).
Item 4.
Ownership
(a)
Amount beneficially owned:
27,461,175
Represented by 21,538,178 Class A Ordinary Shares and 5,922,997 American Depositary Shares (together, the "shares"). 23,100,814 shares are directly owned by HSG VENTURE VI HOLDCO and 4,360,361 shares are directly owned by HSG VENTURE VII HOLDCO.. The sole shareholder of HSG VENTURE VI HOLDCO is HONGSHAN CAPITAL VENTURE FUND VI. The General Partner of HONGSHAN CAPITAL VENTURE FUND VI is HSG VENTURE VI MANAGEMENT. The sole shareholder of HSG VENTURE VII HOLDCO is HONGSHAN CAPITAL VENTURE FUND VII. The General Partner of HONGSHAN CAPITAL VENTURE FUND VII is HSG VENTURE VII MANAGEMENT. The General Partner of each of HSG VENTURE VI MANAGEMENT and HSG VENTURE VII MANAGEMENT is HSG HOLDING. HSG HOLDING is wholly owned by SNP CHINA ENTERPRISES. NS wholly owns SNP CHINA ENTERPRISES.
(b)
Percent of class:
10.0%
The percentage is based on a total of 274,203,783 shares of Class A Ordinary Shares outstanding as of April 10, 2025, as reported in the Issuer's 20-F filed with the Securities and Exchange Commission on April 25, 2025.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
HSG Venture VI Holdco, Ltd.: 23,100,814
HSG Venture VII Holdco, Ltd.: 4,360,361
HongShan Capital Venture Fund VI, L.P.: 23,100,814
HongShan Capital Venture Fund VII, L.P.: 4,360,361
HSG Venture VI Management, L.P.: 23,100,814
HSG Venture VII Management, L.P.: 4,360,361
HSG Holding Limited: 27,461,175
SNP China Enterprises Limited: 27,461,175
Neil Nanpeng Shen: 27,461,175
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
HSG Venture VI Holdco, Ltd.: 23,100,814
HSG Venture VII Holdco, Ltd.: 4,360,361
HongShan Capital Venture Fund VI, L.P.: 23,100,814
HongShan Capital Venture Fund VII, L.P.: 4,360,361
HSG Venture VI Management, L.P.: 23,100,814
HSG Venture VII Management, L.P.: 4,360,361
HSG Holding Limited: 27,461,175
SNP China Enterprises Limited: 27,461,175
Neil Nanpeng Shen: 27,461,175
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
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:
Not Applicable
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.
HSG Venture VI Holdco, Ltd. ("HSG Venture VI Holdco")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
08/14/2025
HSG Venture VII Holdco, Ltd. ("HSG Venture VII Holdco")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
02/14/2025
HongShan Capital Venture Fund VI, L.P. ("HongShan Capital Venture Fund VI")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
08/14/2025
HongShan Capital Venture Fund VII, L.P. ("HongShan Capital Venture Fund VII")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
08/14/2025
HSG Venture VI Management, L.P. ("HSG Venture VI Management")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
08/14/2025
HSG Venture VII Management, L.P. ("HSG Venture VII Management")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
08/14/2025
HSG Holding Limited ("HSG Holding")
Signature:
Neil Nanpeng Shen
Name/Title:
Neil Nanpeng Shen/Authorized Signatory
Date:
08/14/2025
SNP China Enterprises Limited ("SNP China Enterprises")
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