What indirect Class A ordinary share holdings are attributed to Ji Weidong in YMM?

The filing attributes 782,133 Class A ordinary shares to him, held of record by All-Stars SP VIII Limited. This is through his 100% equity interest in ASCP II Limited, giving him shared voting and investment power over those shares with other directors.

Full Truck Alliance director reports initial holdings

Full Truck Alliance Co. Ltd. director Ji Weidong reported his initial ownership position in the company.

Accepted by SEC EDGAR 03/18/2026 - 07:57 AM EDT

Filing Impact

(Moderate)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Full Truck Alliance Co. Ltd. director Ji Weidong reported his initial ownership position in the company. He directly holds 2,576,355 American Depositary Shares, each representing 20 Class A ordinary shares. He is also attributed 782,133 Class A ordinary shares held by All-Stars SP VIII Limited through his 100% equity interest in ASCP II Limited, while disclaiming beneficial ownership beyond his pecuniary interest.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Ji Weidong

Role Director

Type	Security	Shares	Price	Value
Holding	American Depositary Shares	--	--	--
Holding	Class A ordinary shares, $0.00001 par value per share	--	--	--

Holdings: American Depositary Shares — 2,576,355 shares (Direct); Class A ordinary shares, $0.00001 par value per share — 782,133 shares (Indirect, See Footnote)

Footnotes (2)

F1. Each American Depositary Share ("ADS") represents 20 Class A ordinary shares, with a par value of $0.00001 per share, of the Issuer.
F2. The Reporting Person may be deemed to beneficially own 782,133 Class A ordinary shares of the Issuer held of record by All-Stars SP VIII Limited through his 100% equity interest in ASCP II Limited. The Reporting Person is one of the directors of All-Stars SP VIII Limited and shares the voting and investment powers over the shares held by All-Stars SP VIII Limited. The Reporting Person disclaims beneficial ownership of the securities held by such entity except to the extent of his pecuniary interest therein.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Ji Weidong’s Form 3 filing show for Full Truck Alliance (YMM)?

The Form 3 shows Ji Weidong’s initial ownership in Full Truck Alliance. He reports direct holdings of American Depositary Shares and indirect holdings of Class A ordinary shares through an investment entity linked to him, establishing his baseline position as a director.

How many American Depositary Shares does Ji Weidong hold in YMM?

He reports direct ownership of 2,576,355 American Depositary Shares. Each ADS represents 20 Class A ordinary shares, so this position reflects a substantial equity stake, providing investors with clarity on his direct economic interest in Full Truck Alliance.

Does Ji Weidong fully claim beneficial ownership of the indirect YMM shares?

No. He disclaims beneficial ownership of the securities held by All-Stars SP VIII Limited except to the extent of his pecuniary interest. This means he recognizes an economic interest but does not claim full personal ownership of all indirectly held shares.

What is the relationship between YMM ADSs and Class A ordinary shares?

Each American Depositary Share of Full Truck Alliance represents 20 Class A ordinary shares. This fixed ratio, disclosed in the filing, helps investors translate ADS positions reported by insiders into the underlying number of ordinary shares of the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Ji Weidong

(Last)

(First)

(Middle)

WANBO SCIENCE AND TECHNOLOGY PARK,

20 FENGXIN ROAD

(Street)

NANJING

CHINA

210012

(City)

(State)

(Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Full Truck Alliance Co. Ltd. [ YMM ]

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)
American Depositary Shares⁽¹⁾	2,576,355	D
Class A ordinary shares, $0.00001 par value per share	782,133	I	See Footnote⁽²⁾

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)

Explanation of Responses:

1. Each American Depositary Share ("ADS") represents 20 Class A ordinary shares, with a par value of $0.00001 per share, of the Issuer.

2. The Reporting Person may be deemed to beneficially own 782,133 Class A ordinary shares of the Issuer held of record by All-Stars SP VIII Limited through his 100% equity interest in ASCP II Limited. The Reporting Person is one of the directors of All-Stars SP VIII Limited and shares the voting and investment powers over the shares held by All-Stars SP VIII Limited. The Reporting Person disclaims beneficial ownership of the securities held by such entity except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney

	/s/Chen Luo, attorney-in-fact for Richard Weidong Ji	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)

Source: View Original Filing on SEC EDGAR