<SEC-DOCUMENT>0001104659-26-032383.txt : 20260320
<SEC-HEADER>0001104659-26-032383.hdr.sgml : 20260320
<ACCEPTANCE-DATETIME>20260320063105
ACCESSION NUMBER:		0001104659-26-032383
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260320
FILED AS OF DATE:		20260320
DATE AS OF CHANGE:		20260320

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Teo Nee Chuan
		CENTRAL INDEX KEY:			0002122543
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38639
		FILM NUMBER:		26776037

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		10TH FLOOR, T1, YUZHONGXIN
		STREET 2:		NO. 268 YUBEI ROAD, PUDONG NEW AREA
		CITY:			SHANGHAI
		PROVINCE COUNTRY:   	F4
		ZIP:			201204

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			111, Inc.
		CENTRAL INDEX KEY:			0001738906
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-DRUG STORES AND PROPRIETARY STORES [5912]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		3-4/F, NO.295 ZUCHONGZHI ROAD
		STREET 2:		PUDONG NEW AREA
		CITY:			SHANGHAI
		PROVINCE COUNTRY:   	F4
		ZIP:			201203
		BUSINESS PHONE:		862120536666

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		3-4/F, NO.295 ZUCHONGZHI ROAD
		STREET 2:		PUDONG NEW AREA
		CITY:			SHANGHAI
		PROVINCE COUNTRY:   	F4
		ZIP:			201203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	New Peak Group
		DATE OF NAME CHANGE:	20180427
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>tm269443-3_3seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-20</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001738906</issuerCik>
        <issuerName>111, Inc.</issuerName>
        <issuerTradingSymbol>YI</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002122543</rptOwnerCik>
            <rptOwnerName>Teo Nee Chuan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>true</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>10TH FLOOR, T1. YUZHONGXIN,</rptOwnerStreet1>
            <rptOwnerStreet2>NO. 268 YUBEI ROAD, PUDONG NEW AREA</rptOwnerStreet2>
            <rptOwnerCity>SHANGHAI, P.R.C</rptOwnerCity>
            <rptOwnerNonUSStateTerritory></rptOwnerNonUSStateTerritory>
            <rptOwnerCountry>F4</rptOwnerCountry>
            <rptOwnerZipCode>201204</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>RSUs (Class A)</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>19984</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Each RSU represents a contingent right to receive one Class A ordinary share. As of the date of this Form 3, all such RSUs have fully
vested.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Teo Nee Chuan</signatureName>
        <signatureDate>2026-03-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
