SCHEDULE 13G

CUSIP Number(s):

987910106

1

Names of Reporting Persons

HIKE Capital III L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,409,944.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,409,944.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,409,944.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

2.8 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Note to Row (11): The percentage is calculated based upon an aggregate of 194,348,706 Class A Ordinary Shares outstanding as of December 31, 2025, as reported on the 20-F filed by the Issuer with the Securities and Exchange Commission on April 30, 2026.

SCHEDULE 13G

CUSIP Number(s):

987910106

1

Names of Reporting Persons

Lunar Link Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 20,766,793.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 20,766,793.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

20,766,793.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

10.7 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Note to Row (11): The percentage is calculated based upon an aggregate of 194,348,706 Class A Ordinary Shares outstanding as of December 31, 2025, as reported on the 20-F filed by the Issuer with the Securities and Exchange Commission on April 30, 2026.

SCHEDULE 13G

CUSIP Number(s):

987910106

1

Names of Reporting Persons

Rocket Wise Ltd

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 13,429,855.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 13,429,855.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,429,855.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

6.9 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Note to Row (11): The percentage is calculated based upon an aggregate of 194,348,706 Class A Ordinary Shares outstanding as of December 31, 2025, as reported on the 20-F filed by the Issuer with the Securities and Exchange Commission on April 30, 2026.

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Yuanbao Inc.

(b)

Address of issuer's principal executive offices:

BUILDING 2, NO.8 BEICHEN WEST ROAD, CHAOYANG DISTRICT, BEIJING, CHINA, 100101.

Item 2.

(a)

Name of person filing:

Lunar Link Limited Rocket Wise Limited HIKE Capital III L.P.

(b)

Address or principal business office or, if none, residence:

The address of Lunar Link Limited is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. The address of Rocket Wise Limited is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. The address of HIKE Capital III L.P. is POBox 309, Ugland House, Grand Cayman, KY1-1104, Cayman lslands.

(c)

Citizenship:

Lunar Link Limited - British Virgin Island Rocket Wise Limited - British Virgin Island HIKE Capital III L.P. - Cayman Islands

(d)

Title of class of securities:

Class A Ordinary Shares, par value of US$0.0001 per share

(e)

CUSIP No.:

987910106

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

The information set forth in Row (9) of the cover page for each of the Reporting Person is incorporated herein by reference.

(b)

Percent of class:

The information set forth in Row (11) of the cover page for each of the Reporting Person is incorporated herein by reference.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

The information set forth in Row (5) of the cover page for each of the Reporting Person is incorporated herein by reference.

(ii) Shared power to vote or to direct the vote:

The information set forth in Row (6) of the cover page for each of the Reporting Person is incorporated herein by reference.

(iii) Sole power to dispose or to direct the disposition of:

The information set forth in Row (7) of the cover page for each of the Reporting Person is incorporated herein by reference.

(iv) Shared power to dispose or to direct the disposition of:

The information set forth in Row (8) of the cover page for each of the Reporting Person is incorporated herein by reference.

Item 5.

Ownership of 5 Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

HIKE Capital III L.P.

Signature:	/s/ Shi XU
Name/Title:	Authorized Signatory
Date:	05/12/2026

Lunar Link Ltd

Signature:	/s/ Shi XU
Name/Title:	Authorized Signatory
Date:	05/12/2026

Rocket Wise Ltd

Signature:	/s/ Shi XU
Name/Title:	Authorized Signatory
Date:	05/12/2026

Exhibit Information

Exhibit 99.1 - Joint Filing Agreement dated May 12, 2026, by and among the Reporting Persons

Amendment: SEC Form SCHEDULE 13G/A filed by Yuanbao Inc.