As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of PDD: Sculptor Capital LP, LMR Partners LLP, Group One Trading LLC, Cubist Systematic Strategies LLC, BNP Paribas Financial Markets, Brevan Howard Capital Management LP, Jane Street Group LLC, Caption Management LLC, Squarepoint Ops LLC, Qube Research & Technologies Ltd, Maven Securities LTD, Bank of Nova Scotia, Capital Markets Trading UK LLP, CMT Capital Markets Trading GmbH, Capula Management Ltd, Cresset Asset Management LLC, Marshall Wace LLP, Walleye Capital LLC, Walleye Trading LLC, NINE MASTS CAPITAL Ltd, Hsbc Holdings PLC, Arvin Capital Management LP, Eisler Capital Management Ltd., JPMorgan Chase & Co., Citigroup Inc., SG Americas Securities LLC, Garda Capital Partners LP, Marathon Trading Investment Management LLC, Credit Industriel ET Commercial, Mirae Asset Securities USA Inc., Wolverine Asset Management LLC, Portman Square Capital LLP, Credit Industriel ET Commercial, IMC Chicago LLC, and Exchange Traded Concepts LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.