Page 10 of 13 – SEC Filing
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) Each of the Reporting Persons current ownership in the securities of the Issuer is set forth on the cover pages to this Statement on Schedule 13D and is incorporated by reference herein. The ownership percentage appearing on such pages has been calculated based on 276,397,062 Ordinary Shares outstanding as of March 31, 2016 as reported in the Issuers annual report on Form 20-F for the fiscal year ended December 31, 2015 filed on April 20, 2016. The Reporting Persons disclaim membership in any group with any person other than the Reporting Persons.
(b) The following table sets forth the beneficial ownership of the class of securities reported on for each of the Reporting Persons.
Reporting |
| Number of |
| Percentage |
| Sole Power |
| Shared |
| Sole Power to |
| Shared Power |
|
Qi Ji |
| 104,347,360 |
| 37.6 | % | 104,347,360 |
| 0 |
| 77,870,508 |
| 0 |
|
Winner Crown |
| 73,144,905 |
| 26.5 | % | 73,144,905 |
| 0 |
| 73,144,905 |
| 0 |
|
Tong Tong Zhao |
| 26,576,852 |
| 9.6 | % | 100,000 |
| 0 |
| 26,576,852 |
| 0 |
|
East Leader |
| 26,476,852 |
| 9.6 | % | 26,476,852 |
| 0 |
| 26,476,852 |
| 0 |
|
Perfect Will |
| 26,476,852 |
| 9.6 | % | 26,476,852 |
| 0 |
| 26,476,852 |
| 0 |
|
(c) 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.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
East Leader International Limited (East Leader) granted Mr. Qi Ji voting power over 10,474,652 Ordinary Shares, 4,000,000 Restricted ADSs representing 16,000,000 Ordinary Shares and 550 ADSs representing 2,200 Ordinary Shares pursuant to a power of attorney dated November 27, 2014.
Except as described in Items 1 through 7 of this Schedule 13D, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons or between the Reporting Persons or, to the best of their knowledge, any of the persons named in Schedule A here to and any other person, including but not limited to transfer or voting of any of the securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, with respect to any securities of the Issuer, including any securities pledged or otherwise subject to a contingency the occurrence of which would give another person voting power or investment power over such securities except for standard default and similar provisions contained in loan agreements.
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