Baidu reported an initial statement of beneficial ownership by Yanhong Robin Li, who is chairman, chief executive officer and a director. The filing also lists Li as a 10% owner. Li reported direct ownership of 3.01 million Class A ordinary shares. Li also reported indirect ownership of 439.2 million Class B ordinary shares through Handsome Reward Limited. The filing listed stock options with exercise prices of USD 21.89 and USD 23.25 per Class A ordinary share.

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