# EDGAR Filing Document

**Accession Number:** 0001541377
**File Stem:** 0001104659-25-118864
**Filing Date:** 2025-12
**Character Count:** 15041
**Document Hash:** 546d5a048356a12bc607f9da9be0741e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-118864.hdr.sgml**: 20251205

**ACCESSION NUMBER**: 0001104659-25-118864

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251205

**DATE AS OF CHANGE**: 20251205

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Qfin Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001741530
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90868
- **FILM NUMBER:** 251552887

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7/F LUJIAZUI FINANCE PLAZA
- **STREET 2:** NO. 1217 DONGFANG ROAD
- **CITY:** PUDONG NEW AREA, SHANGHAI
- **PROVINCE COUNTRY:** F4
- **ZIP:** 200122
- **BUSINESS PHONE:** 862161516360

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7/F LUJIAZUI FINANCE PLAZA
- **STREET 2:** NO. 1217 DONGFANG ROAD
- **CITY:** PUDONG NEW AREA, SHANGHAI
- **PROVINCE COUNTRY:** F4
- **ZIP:** 200122

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Qifu Technology, Inc.
- **DATE OF NAME CHANGE:** 20230419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 360 DigiTech, Inc.
- **DATE OF NAME CHANGE:** 20200915

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 360 Finance, Inc.
- **DATE OF NAME CHANGE:** 20180522
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Zhou Hongyi
- **CENTRAL INDEX KEY:** 0001541377

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** BLK 1,AREA D,HUITONG TIMES PLAZA
- **STREET 2:** 71 JIANGUO ROAD,CHAOYANG DISTRICT,100025
- **CITY:** BEIJING
- **PROVINCE COUNTRY:** F4

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**Qfin Holdings, Inc.**

*(Name of Issuer)*

**Class A Ordinary Shares, par value $0.00001 per share**

*(Title of Class of Securities)*

**88557W101**

*(CUSIP Number)*

**Haiping Li, Esq.**<br>c/o 42/F, Edinburgh Tower<br>The Landmark<br>15 Queen's Road Central K3 100025<br>852 3740-4700

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/05/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **88557W101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Aerovane Company Limited** | Name of reporting person<br>**Aerovane Company Limited** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**D8** | Citizenship or place of organization<br>**D8** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**46520952.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**46520952.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**46520952.00** | Aggregate amount beneficially owned by each reporting person<br>**46520952.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**17.9%** | Percent of class represented by amount in Row (11)<br>**17.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** (1) Representing 39,820,586 Class A Ordinary Shares and 6,700,366 Class A Ordinary Shares in the form of ADSs directly held by Aerovane Company Limited.
(2) Based on 260,370,224 Class A Ordinary Shares outstanding as of September 30, 2025 as provided by the Issuer.

| **CUSIP No.** | **88557W101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Henry Zhiheng Zhou** | Name of reporting person<br>**Henry Zhiheng Zhou** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**HONG KONG** | Citizenship or place of organization<br>**HONG KONG** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**46520952.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**46520952.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**46520952.00** | Aggregate amount beneficially owned by each reporting person<br>**46520952.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**17.9%** | Percent of class represented by amount in Row (11)<br>**17.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) Representing 39,820,586 Class A Ordinary Shares and 6,700,366 Class A Ordinary Shares in the form of ADSs directly held by Aerovane Company Limited, a company incorporated in the British Virgin Islands, which is wholly owned by Mr. Henry Zhiheng Zhou and Ms. Risa Ruoshan Zhou.
(2) Based on 260,370,224 Class A Ordinary Shares outstanding as of September 30, 2025 as provided by the Issuer.

| **CUSIP No.** | **88557W101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Risa Ruoshan Zhou** | Name of reporting person<br>**Risa Ruoshan Zhou** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**HONG KONG** | Citizenship or place of organization<br>**HONG KONG** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**46520952.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**46520952.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**46520952.00** | Aggregate amount beneficially owned by each reporting person<br>**46520952.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**17.9%** | Percent of class represented by amount in Row (11)<br>**17.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) Representing 39,820,586 Class A Ordinary Shares and 6,700,366 Class A Ordinary Shares in the form of ADSs directly held by Aerovane Company Limited, a company incorporated in the British Virgin Islands, which is wholly owned by Mr. Henry Zhiheng Zhou and Ms. Risa Ruoshan Zhou.
(2) Based on 260,370,224 Class A Ordinary Shares outstanding as of September 30, 2025 as provided by the Issuer.

| **CUSIP No.** | **88557W101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hongyi Zhou** | Name of reporting person<br>**Hongyi Zhou** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**CHINA** | Citizenship or place of organization<br>**CHINA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**0.00** | Aggregate amount beneficially owned by each reporting person<br>**0.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Ordinary Shares, par value $0.00001 per share

**(b) Name of Issuer:**
Qfin Holdings, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
c/o 7/F Lujiazui Finance Plaza, No.1217 Dongfang Road, Pudong New Area, Shanghai, F4, 200122

**Item 4. Purpose of Transaction**

Item 4 of the Original 13D Filing is hereby amended and supplemented by the addition of the following:

From December 2023 to December 2025, Aerovane Company Limited purchased 3,567,778 Class A Ordinary Shares in the form of ADSs in the open market for a total purchase price of approximately $46.1 million, exclusive of any fees, commissions or other expenses.  The purchases made in December 2025 aggregated with the prior purchases exceeded 1% of the outstanding Class A Ordinary Shares of the Company and triggered filing obligations under Rule 13d-2. All these open market purchases demonstrate Aerovane Company Limited's confidence in the value of the Issuer.

In December, 2025, Mr. Hongyi Zhou and his children Mr. Henry Zhiheng Zhou and Ms. Risa Ruoshan Zhou entered into a termination letter, pursuant to which the agreement among them that entitled Mr. Hongyi Zhou to shared voting and dispositive power together with his children relating to the Class A Ordinary Shares (including in the form of ADSs) held by Aerovane Company Limited has been terminated. As such, Mr. Zhou ceased to be deemed to beneficially own any Class A Ordinary Shares (including in the form of ADSs) held directly by Aerovane Company Limited.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The first paragraph of Item 5(a) of the Original 13D Filings is hereby amended and restated as follows:

The responses of the Reporting Person to Rows (7) through (13) of the cover page of this Amendment No.5 are hereby incorporated by reference in this Item 5. The information set forth in Item 2 of the Schedule 13D is hereby incorporated by reference.

**(b)**
The first paragraph of Item 5(b) of the Original 13D Filings is hereby amended and restated as follows:

The responses of the Reporting Person to Rows (7) through (13) of the cover page of this Amendment No.5 are hereby incorporated by reference in this Item 5. The information set forth in Item 2 of the Schedule 13D is hereby incorporated by reference.

**(c)**
—

### 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.

**Reporting Person:** Aerovane Company Limited

**Signature:** /s/ Huan Hu

**Name/Title:** Huan Hu/Authorized Signatory

**Date:** 12/05/2025

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.

**Reporting Person:** Henry Zhiheng Zhou

**Signature:** /s/ Henry Zhiheng Zhou

**Name/Title:** Henry Zhiheng Zhou

**Date:** 12/05/2025

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.

**Reporting Person:** Risa Ruoshan Zhou

**Signature:** /s/ Huan Hu

**Name/Title:** Huan Hu/Attorney-in-fact

**Date:** 12/05/2025

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.

**Reporting Person:** Hongyi Zhou

**Signature:** /s/ Hongyi Zhou

**Name/Title:** Hongyi Zhou

**Date:** 12/05/2025