13D Filing: IDG-Accel China Growth Fund II Associates Updates Attempts to Acquire KongZhong Corp (KONG)

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Page 4 of 13 SEC Filing

CUSIP No. 50047P104 13D Page 4 of 13 pages
1

NAME OF REPORTING PERSONS

IDG-Accel China Growth Fund GP II Associates Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) ¨

3

SEC USE ONLY

4

SOURCE OF FUNDS

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED

PURSUANT TO ITEM 2(d) or 2(e)

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF SHARES

BENEFICIALLY OWNED BY

EACH REPORTING PERSON

WITH

7

SOLE VOTING POWER

100,409,160(1)

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

100,409,160(1)

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

100,409,160

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

5.3%(2)

14

TYPE OF REPORTING PERSON

CO

 

(1) Including 92,818,000 Shares of which
the record owner is IDG-Accel China Growth Fund II L.P. and 7,591,160 Shares of which the record owner is IDG-Accel China Investors
II L.P. By virtue of being the ultimate general partner of both record owners, the Reporting Person may be deemed to have sole
voting and dispositive power with respect to all these Shares.

(2) Based upon 1,882,073,063 Shares outstanding
as of December 31, 2014 as reported in the Issuer’s annual report on Form 20-F for the fiscal year ended December 31, 2014
filed on April 16, 2015.

  

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