BILI — 20-F Filing

However, litigation is subject to inherent uncertainties and the Group’s view of these matters may change in the future. The Group records a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. The Group reviews the need for any such liability on a regular basis. The Group has not recorded material liabilities in this regard as of December 31, 2024 and 2025, respectively. F-62 Table of Contents BILIBILI INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued) 20. Related Party Transactions and Balances The Group entered into the following significant related party transactions for the periods presented: For the Year Ended December 31, 2023 2024 2025 RMB in thousands Loans to an equity investee1 — — 270,000 Funds (from)/to the Entity2 (696,624 ) (58,101 ) 192,575 Purchases of goods and services 172,506 124,018 118,191 Investment income and interest income 48,069 34,344 42,399 Sales of goods and services 12,740 12,033 17,823 The Group had the following significant related party balances as of December 31, 2024 and 2025, respectively: December 31, 2024 December 31, 2025 RMB in thousands Amounts due from related parties Due from an investment fund3 37,519 37,519 Due from the Entity2 609,823 817,400 Due from other investees 139,335 20,043 Total 786,677 874,962 Amounts due to related parties4 4,549 16,113 1. In 2025, the Company provided interest-bearing loans of RMB270.0 million to an equity investee, which is non-trade in nature, with annual interest rate of 4.50%. 2. The Company established the Entity with an independent third party and two entities controlled by Mr. Rui Chen and Ms. Ni Li, respectively, to acquire the land use rights for a parcel of land in Shanghai for construction.

The risk profile above reflects the latest cached DredgeCap analysis for BILI. For the full filing-by-filing analyst report (red flags, primary risk driver, what moves the stock), open BILI's company page.