# EDGAR Filing Document

**Accession Number:** 0001725033
**File Stem:** 0001104659-26-031059
**Filing Date:** 2026-3
**Character Count:** 6241
**Document Hash:** 58c4c83c2af6f80e8b5af80c77346232
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-031059.hdr.sgml**: 20260318

**ACCESSION NUMBER**: 0001104659-26-031059

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260318

**FILED AS OF DATE**: 20260318

**DATE AS OF CHANGE**: 20260318

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Tang Yue (Justin)
- **CENTRAL INDEX KEY:** 0002115086

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38652
- **FILM NUMBER:** 26769574

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7-8F, BLK A, AEROSPACE SCI & TECH PLAZA
- **STREET 2:** NO. 168 HAIDE 3RD AVE, NANSHAN DISTRICT
- **CITY:** SHENZHEN
- **PROVINCE COUNTRY:** F4
- **ZIP:** 518067
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** X Financial
- **CENTRAL INDEX KEY:** 0001725033
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 7-8F,BLOCK A,AEROSPACE SCIENCE&TECH PLZ
- **STREET 2:** NO. 168 HAIDE THIRD AVENUE, NANSHAN DIST
- **CITY:** SHENZHEN
- **STATE:** F4
- **ZIP:** 518067
- **BUSINESS PHONE:** 86-0755-86282977

**MAIL ADDRESS:**
- **STREET 1:** 7-8F,BLOCK A,AEROSPACE SCIENCE&TECH PLZ
- **STREET 2:** NO. 168 HAIDE THIRD AVENUE, NANSHAN DIST
- **CITY:** SHENZHEN
- **STATE:** F4
- **ZIP:** 518067

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Tang Yue (Justin)<br><sub>(Last) (First) (Middle)</sub><br>NO. 168 HAIDE THIRD AVENUE<br>NANSHAN DISTRICT<br><sub>(Street)</sub><br>SHENZHEN, CHINA 518067<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>X Financial [ NYSE: XYF ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [X] 10% Owner<br>[X] Officer (give title below)   [X] Other (specify below)<br>_CEO_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Class A ordinary shares, including shares represented by ADS | 12101423 | D |  |
| Class A ordinary shares, including shares represented by ADS | 1165278 | I | Refer to Footnote<sup>(1)</sup> |
| Class B ordinary shares | 97600000 | I | Refer to Footnote<sup>(1)</sup> |
| Class A ordinary shares, including shares represented by ADS | 4068241 | I | Refer to Footnote<sup>(2)</sup> |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Restricted stock unit ("RSU") | 2027-01-10 | 2034-01-10 | Class A ordinary shares, including shares represented by ADS | 49998 | $0.00 | D |  |
| RSU | 2028-01-10 | 2034-01-10 | Class A ordinary shares, including shares represented by ADS | 50004 | $0.00 | D |  |

---

### Footnotes:

(1) Represents 1,165,278 Class A ordinary shares in form of 194,213 ADSs and 97,600,000 Class B ordinary shares held by Mangrove Coast Investment Limited, a British Virgin Islands company controlled by Mangrove Coast Trust. The registered address of Mangrove Coast Investment Limited is Geneva Place, Waterfront Drive, P.O. Box 3469, Road Town, Tortola, British Virgin Islands. Mangrove Coast Trust is a trust established under the laws of Bahamas and managed by RHONE TRUSTEES (BAHAMAS) LTD. as the trustee. 1,165,278 Class A ordinary shares and 97,600,000 Class B indirectly held by Mangrove Coast Trust of which Yue Tang is the settlor of the trust and Yue Tang and his family members are the trust's beneficiaries.

(2) Represents 2,519,527 Class A ordinary shares and 1,548,714 Class A ordinary shares in the form of 258,119 ADSs held by Purple Mountain Holding Ltd. The registered address of Purple Mountain Holding Ltd. is at Ellen Skelton Building, 3076 Sir Francis Darke Highway, Road Reef, P.O. Box 765, Road Town, Tortola VG 1110, British Virgin Islands. 4,068,241 Class A ordinary shares directly held by Purple Mountain Holding Ltd. which is ultimately controlled by Yue Tang and he holds the voting and dispositive power over the ordinary shares held by such entity.

**Signature:** /s/ Yue Tang  
**Date:** 2026-03-18

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**