Will Wei Cheng Reports 6.9% Economic Interest and 43.2% Voting Power in DiDi Global Inc.

Will Wei Cheng and Xiaocheng Investments Limited filed an amendment to their Schedule 13G regarding their holdings in DiDi Global Inc. As of March 20, 2026, Will Wei Cheng is reported to beneficially own 77,421,441 shares, representing a 6.9% economic interest and 43.2% of the aggregate voting power. This beneficial ownership includes 1,250,000 Class A ordinary shares underlying exercisable options and 76,171,441 Class B ordinary shares held by Xiaocheng Investments Limited. Furthermore, Mr. Cheng holds sole voting power over 97,690,689 shares, which includes 20,269,248 Class A ordinary shares held by other shareholders who have granted him voting proxies. Xiaocheng Investments Limited, which is owned by Mr. Cheng through a trust, holds a 6.8% economic interest and 42.0% of the voting power. The filing highlights the significant voting control exerted by Mr. Cheng through the ten-to-one voting ratio of Class B shares and additional proxy agreements.