# EDGAR Filing Document

**Accession Number:** 0001723690
**File Stem:** 0002011305-26-000001
**Filing Date:** 2026-3
**Character Count:** 6220
**Document Hash:** 2c7a16bd44e30b0de786b392fcc231b0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002011305-26-000001.hdr.sgml**: 20260317

**ACCESSION NUMBER**: 0002011305-26-000001

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260317

**FILED AS OF DATE**: 20260317

**DATE AS OF CHANGE**: 20260317

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Li Ni
- **CENTRAL INDEX KEY:** 0002011305

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38429
- **FILM NUMBER:** 26762034

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** BUILDING 3, GUOZHEN CENTER
- **STREET 2:** NO. 485 ZHENGLI ROAD
- **CITY:** YANGPU DISTRICT, SHANGHAI
- **PROVINCE COUNTRY:** F4
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bilibili Inc.
- **CENTRAL INDEX KEY:** 0001723690
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 17TH FLOOR, BUILDING 3, GUOZHENG CENTER
- **STREET 2:** NO. 485 ZHENGLI ROAD, YANGPU DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
- **BUSINESS PHONE:** 86-21-25099255

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 17TH FLOOR, BUILDING 3, GUOZHENG CENTER
- **STREET 2:** NO. 485 ZHENGLI ROAD, YANGPU DISTRICT
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4

### 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>Li Ni<br><sub>(Last) (First) (Middle)</sub><br>C/O BILIBILI INC., BLDG. 3 GUOZHENG CNTR<br>NO. 485 ZHENGLI ROAD, YANGPU DISTRICT<br><sub>(Street)</sub><br>SHANGHAI, F4 200433<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Bilibili Inc. [ BILI ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-17 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_Vice Chairwoman and COO_ | **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 Z Ordinary Shares | 1000000<sup>(1)</sup> | D |  |
| Class Y Ordinary Shares | 7200000 | I | See 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 |
| Share Option (right to buy) | <sup>(3)</sup> | 2028-11-23 | Class Z Ordinary Shares | 2000000 | $0.0001 | D |  |
| Performance-based Restricted Share Units | <sup>(4)</sup> | <sup>(4)</sup> | Class Z Ordinary Shares | 412000 | <sup>(4)</sup> | D |  |

---

### Footnotes:

(1) Represents restricted share units (the "RSUs") granted on March 31, 2023, the vesting period of which shall be 6 years. Each RSU represents a contingent right to receive one Class Z ordinary share of the Issuer.

(2) Represents securities held by Saber Lily Limited (the "Saber"). Saber is controlled by a trust established under the laws of Cayman Islands (the "Trust) and managed by TMF (Cayman) Ltd. as the trustee. Ms. Li is the settlor of the Trust, and Ms. Li and her family members are the Trust's beneficiaries. Under the terms of the Trust, Ms. Li may be deemed to have the voting and dispositive power over the Issuer's shares held by the Saber. The Reporting Person disclaims beneficial ownership of the securities held by the Saber except to the extent of her pecuniary interest therein.

(3) Represents a single option award grant with respect to 2,000,000 total shares initially. 1,670,000 of the total shares subject to the option have become vested and exercisable as of the date hereof, and 330,000 of the shares subject to the option shall become vested and exercisable on November 23, 2026.

(4) Represents performance based restricted share units (the "PSUs") granted on December 15, 2025, the vesting of which was conditional upon the achievement of the performance targets as determined by the board of directors of the Issuer. Each PSU represents a contingent right to receive one Class Z ordinary share of the Issuer.

**Signature:** /s/ Ni Li  
**Date:** 2026-03-17

### 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.**