Primavera Capital Management Ltd

Est. AUM

$647.9M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	YUM CHINA HLDGS INC.	COM	$587.1M	12035635	90.61%	SOLE
2	XPENG INC.	ADS	$56.6M	3306567	8.73%	SOLE
3	CANGO INC.	ADS	$4.2M	10308662	0.65%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.