Primavera Capital Management Ltd Long-Term Concentrated

Location: George Town, Cayman Islands

CIK: 0001686305 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 13, 2026

Total Value: $565M (100.0% shares, 0.0% debt)

Holdings (5)

New Positions (2)

DSC DSC HOLDINGS LTD 3.7%

Value $20.81M Shares 3,770,332 Est. Cost — Unrealized —

STG SUNLANDS TECHNOLOGY GROUP 1.1%

Value $6.479M Shares 1,652,778 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DSC	DSC HOLDINGS LTD	3,770,332	$20.81M	3.7%	—	—	SPON ADS	233369107
STG	SUNLANDS TECHNOLOGY GROUP	1,652,778	$6.479M	1.1%	—	—	SPONSRD ADS NEW	86740P207

Unchanged Positions (3)

YUMC YUM CHINA HLDGS INC. 87.0%

Value $492M Shares 12,035,635 Est. Cost — Unrealized —

XPEV XPENG INC. 7.7%

Value $43.78M Shares 3,306,567 Est. Cost — Unrealized —

— CANGO INC. 0.4%

Value $2.108M Shares 10,308,662 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
YUMC	YUM CHINA HLDGS INC.	12,035,635	$492M	87.0%	—	—	COM	98850P109
XPEV	XPENG INC.	3,306,567	$43.78M	7.7%	—	—	ADS	98422D105
—	CANGO INC.	10,308,662	$2.108M	0.4%	—	—	ADS	137586103