Filing Details

Accession Number:
0001144204-16-116425
Form Type:
13G Filing
Publication Date:
2016-08-04 08:30:57
Filed By:
Lai Qiuping
Company:
Fanhua Inc. (NASDAQ:FANH)
Filing Date:
2016-08-04
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Qiuping Lai 218,659,360 0 218,659,360 0 218,659,360 18.7%
Crown Charm Limited 137,812,180 0 137,812,180 0 137,812,180 11.8%
Guangzhou Huajie Insurance Agency Co., Ltd 80,847,180 0 80,847,180 0 80,847,180 7.0%
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

CNinsure Inc.

(Name of Issuer)

 

Ordinary Shares

(Title of Class of Securities)

 

G2352K 108**

(CUSIP Number)

 

August 4, 2016

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨Rule 13d-1(b)

 

xRule 13d-1(c)

 

¨Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

** This CUSIP applies to the American Depositary Shares, evidenced by American Depositary Receipts, each representing 20 ordinary shares. No CUSIP has been assigned to the ordinary shares.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

1

Name of Reporting Person

 

Qiuping Lai 

2

Check the Appropriate Box if a Member of a Group

(a)   ¨

(b)   x

3 SEC Use Only
4

Citizenship or Place of Organization

 

People’s Republic of China 

Number of

 

Shares

 

Beneficially

 

Owned by

 

Each

 

Reporting

 

Person With

5

Sole Voting Power

 

218,659,3601

6

Shared Voting Power

 

7

Sole Dispositive Power

 

218,659,360

8

Shared Dispositive Power

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

218,659,360 ordinary shares

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
11

Percent of Class Represented By Amount In Row 9

 

18.7%2

12

Type of Reporting Person

 

IN 

       

 

 
1Includes (i) 2,613,978 American depositary shares (representing 52,279,560 ordinary shares), 80,132,620 ordinary shares and 5,400,000 Ordinary Shares issuable upon exercise of options within 60 days after the date hereof held by Crown Charm Limited, which is 100% owned by Mr. Qiuping Lai (“Mr. Lai”); and (ii) 4,042,359 American depositary shares (representing 80,847,180 ordinary shares) beneficially owned by Guangzhou Huajie Insurance Agency Co., Ltd., which is 100% owned by Mr. Lai.
2Based on 1,162,769,526 ordinary shares outstanding as of August 4, 2016 according to the issuer’s internal record.

 

 

 

1

Name of Reporting Person

 

Crown Charm Limited 

2

Check the Appropriate Box if A Member of A Group

(a)   ¨

(b)   x

3 SEC Use Only
4

Citizenship or Place of Organization

 

Hong Kong Special Administrative Region of the People’s Republic of China 

Number of

 

Shares

 

Beneficially

 

Owned by

 

Each

 

Reporting

 

Person With

 

5

Sole Voting Power

 

137,812,1801 ordinary shares

6

Shared Voting Power

 

0  

7

Sole Dispositive Power

 

137,812,180 ordinary shares

8

Shared Dispositive Power

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

137,812,180 ordinary shares

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
11

Percent of Class Represented By Amount In Row 9

 

11.8%2

12

Type of Reporting Person

 

CO

       

 

 
1Includes 2,613,978 American depositary shares (representing 52,279,560 ordinary shares), 80,132,620 ordinary shares and 5,400,000 Ordinary Shares issuable upon exercise of options within 60 days after the date hereof.
2Based on 1,162,769,526 Ordinary Shares outstanding as of August 4, 2016 according to the issuer’s internal record.

 

 

 

1

Name of Reporting Person

 

Guangzhou Huajie Insurance Agency Co., Ltd. 

2

Check the Appropriate Box if a Member of a Group

(a)   ¨

(b)   x

3 SEC Use Only
4

Citizenship or Place of Organization

 

People’s Republic of China 

Number of

 

Shares

 

Beneficially

 

Owned by

 

Each

 

Reporting

 

Person With

5

Sole Voting Power

 

80,847,180

6

Shared Voting Power

 

0

7

Sole Dispositive Power

 

80,847,180

8

Shared Dispositive Power

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

80,847,180 ordinary shares 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares  ¨
11

Percent of Class Represented By Amount In Row 9

 

7.0%2

12

Type of Reporting Person

 

CO 

       

 

 
1Includes 4,042,359 American depositary shares (representing 80,847,180 ordinary shares) beneficially owned by Huajie.
2Based on 1,162,769,526 ordinary shares outstanding as of August 4, 2016 according to the issuer’s internal record.

 

 

 

Item 1(a).Name of Issuer:

 

CNinsure Inc. (the “Issuer”)

 

Item 1(b).Address of Issuer’s Principal Executive Offices:

 

27/F, Pearl River Tower

No. 15 West Zhujiang Road

Guangzhou, Guangdong 510623

People’s Republic of China

 

Item 2(a).Name of Person Filing:

 

Qiuping Lai

Crown Charm Limited

Guangzhou Huajie Insurance Agency Co., Ltd.

 

Item 2(b).Address of Principal Business Office or, if None, Residence:

 

Qiuping Lai

Crown Charm Limited

Guangzhou Huajie Insurance Agency Co., Ltd.

27/F, Pearl River Tower

No. 15 West Zhujiang Road

Guangzhou, Guangdong 510623

People’s Republic of China

 

Item 2(c)Citizenship:

 

Qiuping Lai – People’s Republic of China

Crown Charm Limited - Hong Kong Special Administrative Region of the People’s Republic of China

Guangzhou Huajie Insurance Co., Ltd. - People’s Republic of China

 

Item 2(d).Title of Class of Securities:

 

Ordinary Shares

 

Item 2(e).CUSIP Number:

 

G2352K 108

 

Item 3.Not Applicable

 

 

 

Item 4.Ownership:

 

The following information with respect to the ownership of the ordinary shares of the Issuer by each of the reporting persons is provided as of August 4, 2016:

 

           Number of shares as to which such person has: 

Reporting Person

 

Amount
beneficially
owned:

  

Percent
of
class(2):

  

Sole power
to vote or
direct
the vote:

  

Shared
power to
vote or to
direct
the vote:

   Sole power
to dispose
or to direct
the
disposition
of:
   Shared
power to
dispose or to
direct the
disposition
of:
 
Qiuping Lai(1)   218,659,360    18.7%   218,659,360    0    218,659,360    0 
Crown Charm Limited(1)   137,812,180    11.8%   137,812,180    0    137,812,180    0 
Guangzhou Huajie Insurance Agency Co., Ltd.   80,847,180    7.0%   80,847,180    0    80,847,180    0 

 

 

(1)The 218,659,360 ordinary shares of the Issuer beneficially owned by Qiuping Lai (“Mr. Lai”) consist of (i) 2,613,978 American depositary shares (representing 52,279,560 ordinary shares), 80,132,620 ordinary shares and 5,400,000 Ordinary Shares issuable upon exercise of options within 60 days after the date hereof held by Crown Charm Limited, which is 100% owned by Mr. Lai; and (ii) 4,042,359 American depositary shares (representing 80,847,180 ordinary shares) beneficially owned by Guangzhou Huajie Insurance Agency Co., Ltd., which is 100% owned by Mr. Lai.

 

(2)Based on a total of 1,162,769,526 outstanding ordinary shares of the Issuer as of August 4, 2016.

 

Item 5.Ownership of Five Percent or less of a Class:

 

Not applicable

 

Item 6.Ownership of More than Five Percent on Behalf of Another Person:

 

Not applicable

 

Item 7.Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

 

Not applicable

 

Item 8.Identification and Classification of Members of The Group:

 

Not applicable

 

 

 

Item 9.Notice of Dissolution of Group:

 

Not applicable

 

Item 10.Certification:

 

Not applicable

 

 

 

SIGNATURE

 

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

Dated: August 4, 2016

 

Qiuping Lai /s/ Qiuping Lai  
  Qiuping Lai  

 

 

 

Crown Charm Limited By:  /s/ Qiuping Lai  
  Name:  Qiuping Lai  
  Title:  Director  

 

 

Guangzhou Huajie Insurance Agency Co., Ltd. By:  /s/ Qiuping Lai  
  Name:  Qiuping Lai  
  Title:  Director  

 

 

[Signature Page to Schedule 13G - CNinsure]

 

 

LIST OF EXHIBITS

 

Exhibit No. Description
   
99.1 Joint Filing Agreement