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Yunji Inc. (YJ) has an amended beneficial-ownership report from TB Alternative Assets Ltd, which reported 83,353,200 Class A ordinary shares, or 4.23%, as of September 30, 2026. TB Alternative Assets reported sole voting and sole dispositive power over 83,353,200 shares, with no shared voting or dispositive power. The reported shares are held by Trustbridge Partners IV LP; TB Alternative Assets Ltd acts as investment adviser to the fund’s investment manager.
Key Figures
Beneficial ownership:83,353,200 Class A ordinary sharesPercent of class:4.23%Ordinary shares outstanding:1,970,216,000 ordinary shares of all classes+2 more
5 metrics
Beneficial ownership83,353,200 Class A ordinary sharesAs of September 30, 2026
Percent of class4.23%As of September 30, 2026
Ordinary shares outstanding1,970,216,000 ordinary shares of all classesAs of September 30, 2026; used in the ownership calculation
ADSs included208,383 American Depositary SharesIncluded in the reported beneficial ownership
ADS representation400 Class A ordinary shares per ADSEach American Depositary Share represents this number of Class A ordinary shares
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, American Depositary Shares
4 terms
beneficially ownedfinancial
"Amount beneficially owned: 83,353,200"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Powerfinancial
"Sole Voting Power 83,353,200.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Powerfinancial
"Sole Dispositive Power 83,353,200.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
American Depositary Sharesfinancial
"Includes 208,383 American Depositary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Yunji (YJ) shares did TB Alternative Assets report?
TB Alternative Assets Ltd reported beneficial ownership of 83,353,200 Class A ordinary shares as of September 30, 2026, representing 4.23% of the class.
What share count was used to calculate TB Alternative Assets’ Yunji ownership percentage?
The calculation used 1,970,216,000 outstanding ordinary shares of all classes as of September 30, 2026.
Does the reported Yunji share count include ADSs?
Yes. The reported amount includes 208,383 American Depositary Shares (ADSs); each ADS represents 400 Class A ordinary shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Yunji Inc.
(Name of Issuer)
Class A Ordinary Shares, $0.000005 par value per share
(Title of Class of Securities)
98873N305*
(CUSIP Number)
09/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
98873N305*
1
Names of Reporting Persons
TB Alternative Assets Ltd
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
83,353,200.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
83,353,200.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
83,353,200.00
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)
4.23 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: * There is no CUSIP number assigned to the Class A Ordinary Shares. CUSIP number 98873N305 has been assigned to the American Depositary Shares ("ADSs") of the Company, which are quoted on the Nasdaq Global Market under the symbol "YJ." Each American Depository Share represents 400 Class A Ordinary Shares.
** Number of shares beneficially owned as of 30 Sep 2026. Includes 208,383 American Depositary Shares ("ADSs"). Each ADS represents 400 Class A Ordinary Shares.
*** Calculation is based on 1,970,216,000 outstanding ordinary shares for all classes as of 30 Sep 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Yunji Inc.
(b)
Address of issuer's principal executive offices:
18/F, South Building, Hipark Phase 2, Xiaoshan District, Hangzhou, 310000, Zhejiang Province, People's Republic of China
Item 2.
(a)
Name of person filing:
TB Alternative Assets Ltd
This statement is filed by TB Alternative Assets Ltd, an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, with respect to the portion of the Class A Ordinary Shares (as defined by 2(d) below) held by Trustbridge Partners IV LP, a Cayman registered private equity fund. TB Alternative Assets Ltd acts as the investment adviser of the investment manager of Trustbridge Partners IV LP.
(b)
Address or principal business office or, if none, residence:
Class A Ordinary Shares, $0.000005 par value per share
(e)
CUSIP No.:
98873N305*
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:
83,353,200
(b)
Percent of class:
4.23%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
83,353,200
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
83,353,200
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
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:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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.
