FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
TANG YINGZHI
(Last) (First) (Middle)
ROOM 1203, BUILDING T1, LANE 235
YUBEI ROAD, PUDONG NEW DISTRICT
(Street)
SHANGHAI 201210
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026 		3. Issuer Name and Ticker or Trading Symbol
Boqii Holding Ltd [ BQ ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-CEO and CFO
 5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares 375
D
 
Class C ordinary shares 500,000
I
See Footnote (1) (2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B ordinary shares   (3)   (3) Class A ordinary shares 27,159 (3) I See Footnote (3)
Stock Option 01/01/2016 12/31/2026 Class A ordinary shares 94 329.4 D  
Stock Option 03/18/2020 03/17/2030 Class A ordinary shares 9 660.8 D  
Stock Option 04/12/2023 04/11/2033 Class A ordinary shares 206 16 D  
Explanation of Responses:
1. Represents 500,000 Class C ordinary shares of the issuer beneficially held by the Reporting Person through Green Mountain Management Limited ("Green Mountain"), a British Virgin Islands business company, which directly holds 500,000 Class C ordinary shares. The Reporting Person and her spouse each holds 50% ownership interests of Green Mountain.
2. Pursuant to the Certificate of Designation for Class C ordinary shares, the Class C ordinary shares (i) are entitled to one hundred (100) votes per Class C ordinary share, (ii) are nonconvertible into Class A ordinary or Class B ordinary shares of the issuer, (iii) are not entitled to dividends, and (iv) are nontransferable.
3. Represents 27,159 Class B ordinary shares of the issuer beneficially held by the Reporting Person. The Reporting Person holds 33.33% of equity interest in MTL, which directly holds 81,486 Class B ordinary shares. Therefore, the Reporting Person has the voting and investment power with respect to 33.33% of the Class B ordinary shares that MTL beneficially owns. Pursuant to the issuer's Fourteenth Amended and Restated Memorandum and Articles of Association, each Class B ordinary share is entitled to twenty (20) votes per Class B ordinary share and convertible into one (1) Class A ordinary share at any time by the holder thereof. The Class A ordinary shares are nonconvertible into the Class B ordinary shares.
/s/ Yingzhi (Lisa) Tang 03/31/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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