Yuanbao reported that Fang Rui filed an initial statement of beneficial ownership and is its chief executive officer. The filing also lists Fang Rui as a director and a 10% owner. Fang Rui reported indirect beneficial ownership of 21.8 million Class A ordinary shares and 82.13 million Class B ordinary shares. The filing also reported Fang Rui holds options covering 1.4 million Class A ordinary shares. It also reported restricted share units covering 600,000 Class A ordinary shares.
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