Tiger Global-affiliated entities filed an amended Schedule 13G reporting 0 shares and 0.0% beneficial ownership of ZKH Group Limited Class A ordinary shares. The filing lists Tiger Global Private Investment Partners X, L.P., Tiger Global PIP Performance X, L.P., Tiger Global PIP Management X, Ltd., Tiger Global Management, LLC, and Charles P. Coleman III as reporting persons.
Each reports no sole or shared voting power and no sole or shared dispositive power. The date of event triggering the filing is 09/30/2025. Item 5 indicates ownership of five percent or less of the class. Standard disclaimers note that beneficial ownership is disclaimed except to the extent of any pecuniary interest.
Positive
None.
Negative
None.
Insights
Tiger Global reports 0% in ZKH; administrative ownership update.
The amendment shows Tiger Global-related entities now report no beneficial ownership in ZKH’s Class A shares, with zero voting and dispositive power. This points to their position being at or below the 5% reporting threshold, consistent with Schedule 13G conventions.
The filing does not specify transaction details or timing beyond the event date of 09/30/2025. Market impact, if any, depends on prior holdings and trading dynamics not included here. As an ownership disclosure without financial terms, it is best viewed as an administrative update.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
ZKH Group Limited
(Name of Issuer)
Class A ordinary shares, par value US$0.0000001 per share
(Title of Class of Securities)
98877R104
(CUSIP Number)
09/30/2025
(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.
98877R104
1
Names of Reporting Persons
Tiger Global Private Investment Partners X, L.P.
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
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
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)
0.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
98877R104
1
Names of Reporting Persons
Tiger Global PIP Performance X, L.P.
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
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
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)
0.0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
98877R104
1
Names of Reporting Persons
Tiger Global PIP Management X, 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
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
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)
0.0 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
98877R104
1
Names of Reporting Persons
Tiger Global Management, LLC
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
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)
0.0 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP No.
98877R104
1
Names of Reporting Persons
Charles P. Coleman III
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
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)
0.0 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ZKH Group Limited
(b)
Address of issuer's principal executive offices:
7/F, Tower 4, Libao Plaza No. 36 Shenbin Road, Minhang District, Shanghai 201106, People's Republic of China
Item 2.
(a)
Name of person filing:
Tiger Global Private Investment Partners X, L.P.
Tiger Global PIP Performance X, L.P.
Tiger Global PIP Management X, Ltd.
Tiger Global Management, LLC
Charles P. Coleman III
(b)
Address or principal business office or, if none, residence:
Tiger Global Private Investment Partners X, L.P.
c/o Campbells Corporate Services Limited
P.O. Box 268
Floor 4 Willow House
Cricket Square
Grand Cayman KY1-1104
Cayman Islands
Tiger Global PIP Performance X, L.P.
c/o Campbells Corporate Services Limited
P.O. Box 268
Floor 4 Willow House
Cricket Square
Grand Cayman KY1-1104
Cayman Islands
Tiger Global PIP Management X, Ltd.
c/o Campbells Corporate Services Limited
P.O. Box 268
Floor 4 Willow House
Cricket Square
Grand Cayman KY1-1104
Cayman Islands
Tiger Global Management, LLC
9 West 57th Street
35th Floor
New York, New York 10019
Charles P. Coleman III
c/o Tiger Global Management, LLC
9 West 57th Street
35th Floor
New York, New York 10019
(c)
Citizenship:
Tiger Global Private Investment Partners X, L.P. - Cayman Islands
Tiger Global PIP Performance X, L.P. - Cayman Islands
Tiger Global PIP Management X, Ltd. - Cayman Islands
Tiger Global Management, LLC - Delaware
Charles P. Coleman III - United States
(d)
Title of class of securities:
Class A ordinary shares, par value US$0.0000001 per share
(e)
CUSIP No.:
98877R104
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:
Tiger Global Private Investment Partners X, L.P. - 0
Tiger Global PIP Performance X, L.P. - 0
Tiger Global PIP Management X, Ltd. - 0
Tiger Global Management, LLC - 0
Charles P. Coleman III - 0
(b)
Percent of class:
Tiger Global Private Investment Partners X, L.P. - 0.0%
Tiger Global PIP Performance X, L.P. - 0.0%
Tiger Global PIP Management X, Ltd. - 0.0%
Tiger Global Management, LLC - 0.0%
Charles P. Coleman III - 0.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Tiger Global Private Investment Partners X, L.P. - 0
Tiger Global PIP Performance X, L.P. - 0
Tiger Global PIP Management X, Ltd. - 0
Tiger Global Management, LLC - 0
Charles P. Coleman III - 0
(ii) Shared power to vote or to direct the vote:
Tiger Global Private Investment Partners X, L.P. - 0
Tiger Global PIP Performance X, L.P. - 0
Tiger Global PIP Management X, Ltd. - 0
Tiger Global Management, LLC - 0
Charles P. Coleman III - 0
(iii) Sole power to dispose or to direct the disposition of:
Tiger Global Private Investment Partners X, L.P. - 0
Tiger Global PIP Performance X, L.P. - 0
Tiger Global PIP Management X, Ltd. - 0
Tiger Global Management, LLC - 0
Charles P. Coleman III - 0
(iv) Shared power to dispose or to direct the disposition of:
Tiger Global Private Investment Partners X, L.P. - 0
Tiger Global PIP Performance X, L.P. - 0
Tiger Global PIP Management X, Ltd. - 0
Tiger Global Management, LLC - 0
Charles P. Coleman III - 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:
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.
Tiger Global Private Investment Partners X, L.P.
Signature:
By Tiger Global PIP Performance X, L.P., Its General Partner, Tiger Global PIP Management X, Ltd., Its General Partner, /s/ Eric Lane
Name/Title:
Eric Lane / President & Chief Operating Officer
Date:
11/14/2025
Tiger Global PIP Performance X, L.P.
Signature:
By: Tiger Global PIP Management X, Ltd., Its General Partner, /s/ Eric Lane
Name/Title:
Eric Lane / President & Chief Operating Officer
Date:
11/14/2025
Tiger Global PIP Management X, Ltd.
Signature:
By: /s/ Eric Lane
Name/Title:
Eric Lane / President & Chief Operating Officer
Date:
11/14/2025
Tiger Global Management, LLC
Signature:
By: /s/ Eric Lane
Name/Title:
Eric Lane / President & Chief Operating Officer
Date:
11/14/2025
Charles P. Coleman III
Signature:
By: /s/ Charles P. Coleman III
Name/Title:
Charles P. Coleman III
Date:
11/14/2025
Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
Material to be Filed as Exhibit:
Exhibit A - Joint Filing Agreement
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