Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person:  (1) Row (5), (7) and (9) represents 35,877,631 Class A ordinary shares held directly by China Ventures Fund I Pte. Ltd.. The registered address of China Ventures Fund I Pte. Ltd. is 9 Raffles Place, #27-00, Republic Plaza, Singapore 048619. (2) Row (11) represents the percentage of class of securities beneficially owned by the reporting person and the voting power represented thereby are based on a total of 519,150,565 issued and outstanding Class A and Class B ordinary shares (being the sum of 445,176,595 Class A ordinary shares, with each being entitled to one vote, and 73,973,970 Class B ordinary shares, with each being entitled to ten (10) votes) of the Issuer as a single class as of December 31, 2023, based on the Issuer's annual report on Form 20-F for the year ended December 31, 2023 filed on April 24, 2024.


SCHEDULE 13G




Comment for Type of Reporting Person:  (1) Row (5), (7) and (9) represents 35,877,631 Class A ordinary shares held directly by China Ventures Fund I Pte. Ltd., a wholly owned subsidiary of China Ventures Fund I, Limited Partnership. The principal office address of China Ventures Fund I, Limited Partnership is 19F B Wing Kyobo Tower 465, Gangnam-daero Soecho-gu, Seoul, Republic of Korea. (2) Row (11) represents the percentage of class of securities beneficially owned by the reporting person and the voting power represented thereby are based on a total of 519,150,565 issued and outstanding Class A and Class B ordinary shares (being the sum of 445,176,595 Class A ordinary shares, with each being entitled to one vote, and 73,973,970 Class B ordinary shares, with each being entitled to ten (10) votes) of the Issuer as a single class as of December 31, 2023, based on the Issuer's annual report on Form 20-F for the year ended December 31, 2023 filed on April 24, 2024.


SCHEDULE 13G




Comment for Type of Reporting Person:  (1) Row (5), (7) and (9) represents 35,877,631 Class A ordinary shares held directly by China Ventures Fund I Pte. Ltd., a wholly owned subsidiary of China Ventures Fund I, Limited Partnership. The general partner of China Ventures Fund I, Limited Partnership is SV GP I Ltd., which may be deemed to have voting and investment power over the securities held by China Ventures Fund I Pte. Ltd.. SV GP I Ltd. is managed by a board of directors, consisting of multiple directors, who must act by majority and no single director has the voting or investment power over SV GP I Ltd.. The registered address of SV GP I Ltd. is PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands. (2) Row (11) represents the percentage of class of securities beneficially owned by the reporting person and the voting power represented thereby are based on a total of 519,150,565 issued and outstanding Class A and Class B ordinary shares (being the sum of 445,176,595 Class A ordinary shares, with each being entitled to one vote, and 73,973,970 Class B ordinary shares, with each being entitled to ten (10) votes) of the Issuer as a single class as of December 31, 2023, based on the Issuer's annual report on Form 20-F for the year ended December 31, 2023 filed on April 24, 2024.


SCHEDULE 13G




Comment for Type of Reporting Person:  See Item 5.


SCHEDULE 13G




Comment for Type of Reporting Person:  See Item 5.


SCHEDULE 13G




Comment for Type of Reporting Person:  See Item 5.


SCHEDULE 13G




Comment for Type of Reporting Person:  See Item 5.


SCHEDULE 13G




Comment for Type of Reporting Person:  See Item 5.


SCHEDULE 13G




Comment for Type of Reporting Person:  See Item 5.


SCHEDULE 13G



 
China Ventures Fund I Pte. Ltd.
 
Signature:/s/ Ding Haipeng
Name/Title:Ding Haipeng/Director
Date:12/13/2024
 
China Ventures Fund I, Limited Partnership
 
Signature:/s/ Lee Joonpyo
Name/Title:Lee Joonpyo/Director of the General Partner of China Ventures Fund I, Limited Partnership
Date:12/13/2024
 
SV GP I Ltd.
 
Signature:/s/ Lee Joonpyo
Name/Title:Lee Joonpyo/Director
Date:12/13/2024
 
THE EDGEOF, PTE. LTD
 
Signature:/s/ Taira Astushi
Name/Title:Taira Astushi/Director
Date:12/13/2024
 
Taira Atsushi
 
Signature:/s/ Taira Atsushi
Name/Title:Taira Atsushi
Date:12/13/2024
 
Belleisle Japan Inc.
 
Signature:/s/ Son Taejang
Name/Title:Son Taejang/Representative Director
Date:12/13/2024
 
Son Taejang
 
Signature:/s/ Son Taejang
Name/Title:Son Taejang
Date:12/13/2024
 
WAVEMAKER CO., LTD.
 
Signature:/s/ Lee Joonpyo
Name/Title:Lee Joonpyo/Director
Date:12/13/2024
 
Lee Joonpyo
 
Signature:/s/ Lee Joonpyo
Name/Title:Lee Joonpyo
Date:12/13/2024

Comments accompanying signature:  Explanatory note: this statement is being filed to report the fact that as of the date hereof, certain of the Reporting Persons, namely, THE EDGEOF, PTE. LTD., Taira Atsushim, Belleisle Japan Inc, Son Taejang, WAVEMAKER CO., LTD., and Lee Joonpyo, have ceased to be the beneficial owners of more than five percent of the class of securities due to internal reorganization. The beneficial ownership of each of China Ventures Fund I Pte. Ltd., China Ventures Fund I, Limited Partnership and SV GP I Ltd. remains unchanged as of the date hererof
Exhibit Information

https://www.sec.gov/Archives/edgar/data/1830456/000110465924011885/tm245475d1_ex99-1.htm