<SEC-DOCUMENT>0001104659-25-100813.txt : 20251020
<SEC-HEADER>0001104659-25-100813.hdr.sgml : 20251020
<ACCEPTANCE-DATETIME>20251020160821
ACCESSION NUMBER:		0001104659-25-100813
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20251020
DATE AS OF CHANGE:		20251020

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			H World Group Ltd
		CENTRAL INDEX KEY:			0001483994
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-85408
		FILM NUMBER:		251403880

	BUSINESS ADDRESS:	
		STREET 1:		NO. 1299 FENGHUA ROAD
		STREET 2:		JIADING DISTRICT
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			00000
		BUSINESS PHONE:		86 21 6195-2011

	MAIL ADDRESS:	
		STREET 1:		NO. 1299 FENGHUA ROAD
		STREET 2:		JIADING DISTRICT
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Huazhu Group Ltd
		DATE OF NAME CHANGE:	20180611

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	China Lodging Group, Ltd
		DATE OF NAME CHANGE:	20100212

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Zhao Tong Tong
		CENTRAL INDEX KEY:			0001982787
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	MAIL ADDRESS:	
		STREET 1:		NO. 1299 FENGHUA ROAD, JIADING DISTRICT
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			200000
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Zhao Tong Tong -->
          <cik>0001982787</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Ordinary shares, par value $0.00001 per share ("Ordinary Shares") and American Depositary Shares ("ADSs"), each representing ten (10) Ordinary Shares</securitiesClassTitle>
      <dateOfEvent>10/20/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001483994</issuerCIK>
        <issuerCUSIP>44332N106</issuerCUSIP>
        <issuerName>H World Group Limited</issuerName>
        <address>
          <com:street1>No. 1299 Fenghua Road</com:street1>
          <com:street2>Jiading District</com:street2>
          <com:city>Shanghai</com:city>
          <com:stateOrCountry>F4</com:stateOrCountry>
          <com:zipCode>201803</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Tong Tong Zhao</personName>
          <personPhoneNum>852 95459761</personPhoneNum>
          <personAddress>
            <com:street1>Flat A, 31F., Tower 1</com:street1>
            <com:street2>8 WaiYin Path, Homantin Hillside</com:street2>
            <com:city>Kowloon</com:city>
            <com:stateOrCountry>K3</com:stateOrCountry>
            <com:zipCode>000000</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001982787</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>TONG TONG ZHAO</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>Z4</citizenshipOrOrganization>
        <soleVotingPower>263246520.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>263246520.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>263246520.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>8.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Note to 4: Not applicable.

Note to 7 and 9: These securities include (i) 100,000 Ordinary Shares of which the record owner is the Reporting Person, and (ii) 262,246,520 Ordinary Shares held by East Leader International Limited ("East Leader"). East Leader is wholly owned by Perfect Will Holdings Limited ("Perfect Will"), which is in turn wholly owned by Trident Trust. With effect from August 4, 2021, Trident Trust acts as trustee of the Tanya Trust, of which the Reporting Person and her family members are the beneficiaries. By virtue of these arrangements, the Reporting Person may be deemed to have sole voting power and sole dispositive power with respect to these securities.

Note to 11: Based upon 3,078,924,710 Ordinary Shares outstanding as of September 30, 2025 according to the records of the Issuer.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>EAST LEADER INTERNATIONAL LIMITED</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>D8</citizenshipOrOrganization>
        <soleVotingPower>262246520.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>262246520.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>262246520.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>8.5</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
        <commentContent>Note to 4: Not applicable.

Note to 7 and 9: These securities include 262,246,520 Ordinary Shares of which the record owner is the Reporting Person.

Note to 11: Based upon 3,078,924,710 Ordinary Shares outstanding as of September 30, 2025 according to the records of the Issuer.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>PERFECT WILL HOLDINGS LIMITED</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>D8</citizenshipOrOrganization>
        <soleVotingPower>262246520.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>262246520.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>262246520.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>8.5</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
        <commentContent>Note to 4: Not applicable.

Note to 7 and 9: These securities include 262,246,520 Ordinary Shares of which the record owner is the Reporting Person.

Note to 11: Based upon 3,078,924,710 Ordinary Shares outstanding as of September 30, 2025 according to the records of the Issuer.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Ordinary shares, par value $0.00001 per share ("Ordinary Shares") and American Depositary Shares ("ADSs"), each representing ten (10) Ordinary Shares</securityTitle>
        <issuerName>H World Group Limited</issuerName>
        <issuerPrincipalAddress>
          <com:street1>No. 1299 Fenghua Road</com:street1>
          <com:street2>Jiading District</com:street2>
          <com:city>Shanghai</com:city>
          <com:stateOrCountry>F4</com:stateOrCountry>
          <com:zipCode>201803</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 2 (this "Amendment") amends the Schedule 13D originally filed with the Securities and Exchange Commission (the "SEC") on March 30, 2017, as amended by the Amendment No. 1 filed with the SEC on December 13, 2019 (as amended, the "Previous Schedule 13D"), with respect to ordinary shares, par value $0.00001 per share ("Ordinary Shares") and American Depositary Shares ("ADSs"), each representing ten (10) Ordinary Shares, of H World Group Limited (previously named as Huazhu Group Limited and China Lodging Group, Limited, the "Issuer"). Capitalized terms used, but not defined herein, have the meanings ascribed to them in the Previous Schedule 13D.

Item 1 of the Previous Schedule 13D is hereby amended and restated as follows:

This Amendment relates to the Ordinary Shares and ADSs of the Issuer. The principal executive offices of the Issuer are located at No. 1299 Fenghua Road, Jiading District, Shanghai, People's Republic of China.</commentText>
      </item1>
      <item2>
        <filingPersonName>This Amendment is filed jointly by the following persons (collectively, the "Reporting Persons"): (i) Tong Tong Zhao, (ii) East Leader International Limited ("East Leader"), and (iii) Perfect Will Holdings Limited ("Perfect Will"). Neither of East Leader or Perfect Will has any executive officers.</filingPersonName>
        <principalBusinessAddress>The home address for Tong Tong Zhao is: Flat A, 31F., Tower 1, 8 WaiYin Path, Homantin Hillside, Kowloon, HongKong

The principal business office for East Leader is: Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110 British Virgin Islands

The principal business office for Perfect Will is: 77 Robinson Road #20-01, Robinson Road Singapore 068896</principalBusinessAddress>
        <principalJob>Tong Tong Zhao is the sole director of East Leader and an investor of the Issuer. Jacinar Limited is the director of Perfect Will and it is a corporate director. The place of organization of Jacinar Limited is British Virgin Islands, and the business address of Jacinar Limited is Trident Chambers P.O. Box 146, Road Town, Tortola, VG1110, British Virgin Islands. The principal business of both East Leader and Perfect Will is investment holding.</principalJob>
        <hasBeenConvicted>Neither any of the Reporting Persons nor, to the best of their knowledge, any of the persons listed in Item 2(c) has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).</hasBeenConvicted>
        <convictionDescription>Neither any of the Reporting Persons nor, to the best of their knowledge, , any of the persons listed in Item 2(c) has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
        <citizenship>The citizenship of Tong Tong Zhao is Canada. The place of organization of East Leader and Perfect Will is the British Virgin Islands.</citizenship>
      </item2>
      <item3>
        <fundsSource>No modification.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>The information set forth in Items 3 and 6 is hereby incorporated by reference in this Item 4.

Item 4 of the Previous Schedule 13D is hereby amended and supplemented by adding the following:

On October 20, 2025, East Leader International Limited, a shareholder of the Issuer, executed a revocation of power of attorney (the "Revocation of Power of Attorney"), which revoked the power of attorney (the "Power of Attorney") granted by East Leader International Limited on November 27, 2014 to Mr. Qi Ji to act as its true and lawful attorney in its name and undertake on its behalf specific tasks outlined in the Power of Attorney.

The foregoing description of the Revocation of Power of Attorney is qualified in its entirety by reference to the full text of the Revocation of Power of Attorney, which is filed as Exhibit 99.1 herein.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Each of the Reporting Persons' current ownership in the securities of the Issuer is set forth on the cover pages to this Amendment and is incorporated by reference herein. The ownership percentage appearing on such pages has been calculated based on 3,078,924,710 Ordinary Shares outstanding as of September 30, 2025 according to the records of the Issuer. The Reporting Persons disclaim membership in any "group" with any person other than the Reporting Persons.</percentageOfClassSecurities>
        <numberOfShares>The responses of each Reporting Person to Rows (7) through (13) of the cover pages of this Amendment are hereby incorporated by reference in this Item 5.</numberOfShares>
        <transactionDesc>Other than as described in Items 3 and 4 above, there have been no transactions in the class of securities reported on that were effected during the past sixty days by any of the Reporting Persons.</transactionDesc>
        <listOfShareholders>Except as disclosed in this Amendment, to the best knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the ordinary shares of the Issuer beneficially owned by any of the Reporting Persons.</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Item 6 of the Previous Schedule 13D is hereby amended and restated as follows:

The information set forth in Item 4 of this Amendment is incorporated herein by reference.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Item 7 of the Previous Schedule 13D is hereby amended by adding the following:

Revocation of Power of Attorney, dated October 20, 2025, executed by East Leader International Limited.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>TONG TONG ZHAO</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Tong Tong Zhao</signature>
          <title>Tong Tong Zhao</title>
          <date>10/20/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>EAST LEADER INTERNATIONAL LIMITED</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Tong Tong Zhao</signature>
          <title>Tong Tong Zhao/Sole Director</title>
          <date>10/20/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>PERFECT WILL HOLDINGS LIMITED</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Tong Tong Zhao</signature>
          <title>Tong Tong Zhao/Authorized Signatory</title>
          <date>10/20/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm2529082d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Revocation of Power of Attorney</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I, East Leader International Limited of P.O.&nbsp;Box 957, Offshore
Incorporations Centre, Road Town, Tortola, British Virgin Islands, a holder of certain amount of equity securities (which may be in the
forms of restricted American deposit shares, American deposit shares and/or ordinary shares) of H World Group Limited (previously known
as China Lodging Group Limited and Huazhu Group Limited), hereby revoke the power of attorney (the &ldquo;<B>Power of Attorney</B>&rdquo;)
granted by me on the 27<SUP>th</SUP> day of November&nbsp;2014 appointing Mr.&nbsp;Qi Ji of B1-1102, Haitian Garden, 1481 Huqingping Road,
Shanghai, 201702, PRC (the &ldquo;<B>Attorney</B>&rdquo;) to act as my true and lawful attorney in my name and undertake on my behalf
specific tasks outlined in the Power of Attorney, effective as of the 20th day of October&nbsp;2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Upon the effectiveness of this Revocation of Power of Attorney, Mr.&nbsp;Qi
Ji no longer has the authority to act on my behalf, and any authority, rights or power conferred upon Mr.&nbsp;Qi Ji by the Power of Attorney
is terminated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I FURTHER DECLARE that I am executing this Revocation of Power of Attorney
voluntarily and without duress or undue influence. I have read and understood the full text of this Revocation of Power of Attorney and
understand its implications.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For the avoidance of doubt, upon termination of the Power of Attorney,&nbsp;I
shall continue to indemnify and hold harmless the Attorney and the Attorney&rsquo;s estate against any and all actions, proceedings, claims,
costs, expenses, and liabilities arising from the exercise or purported exercise of any powers conferred by the Power of Attorney prior
to its termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This Revocation of Power of Attorney shall in all respects be governed
by the laws of the British Virgin Islands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">IN WITNESS whereof this Revocation of Power of Attorney has been duly
executed as a deed on the 20<SUP>th</SUP> day of October&nbsp;2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXECUTED AS A DEED</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">By <U>East Leader International Limited</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">in the presence of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Tong Tong Zhao</FONT></TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Tong Tong Zhao</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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