On December 31, 2023, Bilibili Inc. filed an amendment with the United States Securities and Exchange Commission indicating changes in ownership by key stakeholders. The Schedule 13G amendment, specifically Amendment No. 5, disclosed that CHEN Rui and Vanship Limited, a British Virgin Islands company, collectively hold a significant portion of Bilibili's Class Z ordinary shares. CHEN Rui reported beneficial ownership of 52,227,531 shares, representing 12.6% of the class and 42.3% of the aggregate voting power. Vanship Limited reported beneficial ownership of 49,824,531 shares, representing 12.1% of the class and an equal 42.3% of the aggregate voting power. The filing also detailed the voting rights associated with Class Z and Class Y ordinary shares, with Class Y shares having ten times the voting power of Class Z shares. The disclosure was made in compliance with SEC regulations and provides transparency into the ownership structure of Bilibili Inc.

On December 31, 2023, Bilibili Inc. filed an amendment with the United States Securities and Exchange Commission indicating changes in ownership by key stakeholders. The Schedule 13G amendment, specifically Amendment No. 5, disclosed that CHEN Rui and Vanship Limited, a British Virgin Islands company, collectively hold a significant portion of Bilibili's Class Z ordinary shares. CHEN Rui reported beneficial ownership of 52,227,531 shares, representing 12.6% of the class and 42.3% of the aggregate voting power. Vanship Limited reported beneficial ownership of 49,824,531 shares, representing 12.1% of the class and an equal 42.3% of the aggregate voting power. The filing also detailed the voting rights associated with Class Z and Class Y ordinary shares, with Class Y shares having ten times the voting power of Class Z shares. The disclosure was made in compliance with SEC regulations and provides transparency into the ownership structure of Bilibili Inc.