Filing Details

SINOVAC BIOTECH LTD.

(Name of Issuer)

 

Common Shares, par value $0.001 per share

(Title of Class of Securities)

 

P8696W104

(CUSIP Number)

 

July 2, 2018

(Date of Event which Requires Filing of this Statement)

1

Names of Reporting Persons

 

Green Vision Partners Limited

 

2

Check the appropriate box if a member of a Group (see instructions)

 

(a)  [   ]
(b)  [X]

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Cayman Islands

 

Number of
Shares Beneficially

Owned by Each Reporting

Person With:

 

5

Sole Voting Power

 

 

 

6

Shared Voting Power

 

5,900,000 (1)

 

7

Sole Dispositive Power

 

 

 

8

Shared Dispositive Power

 

5,900,000 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,900,000 (1)

 

10

Check box if the aggregate amount in row (9) excludes certain shares   [   ]

 

 

11

Percent of class represented by amount in row (9)

 

8.5% (2)

 

12

Type of Reporting Person (See Instructions)

 

PN

 

1

Names of Reporting Persons

 

Advantech Capital Partners Ltd.

 

2

Check the appropriate box if a member of a Group (see instructions)

 

(a)  [   ]
(b)  [X]

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Cayman Islands

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

5

Sole Voting Power

 

 

 

6

Shared Voting Power

 

5,900,000 (1)

 

7

Sole Dispositive Power

 

 

 

8

Shared Dispositive Power

 

5,900,000 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

5,900,000 (1)

 

10

Check box if the aggregate amount in row (9) excludes certain shares   [   ]

 

 

11

Percent of class represented by amount in row (9)

 

8.5% (2)

 

12

Type of Reporting Person (See Instructions)

 

PN

 

Item 1.

(a)

Name of Issuer:

 

SINOVAC BIOTECH LTD.

 

(b)

Address of Issuer's Principal Executive Offices:

 

No. 15 Zhi Tong Road
Zhongguancun Science and Technology Park
Changping District
Beijing 102200, People's Republic of China

 

Item 2.

(a)

Name of Person Filing:

 

Advantech Capital Partners Ltd., Green Vision Partners Limited and Prime Success, L.P. (collectively, the "Reporting Persons")

 

The securities reported herein are held by Prime Success, L.P.  Green Vision Partners Limited is the general partner of Prime Success, L.P.  Advantech Capital Partners Ltd. is the sole shareholder of Green Vision Partners Limited.

 

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 1.

 

Based on certain transactions and a Shareholders Agreement entered into by Prime Success, L.P., the Reporting Persons may be deemed to constitute a "group" with Vivo Capital, LLC within the meaning of Section 13(d)(3) of the Act.  Members of a group may be deemed to beneficially own the securities beneficially owned by other members of the group.  However, the Reporting Persons expressly disclaim any beneficial ownership in the securities held by Vivo Capital, LLC, or by any of its affiliates.  The filing of this Statement shall not be construed as an admission that the Reporting Persons and their affiliates, on the one hand, and Vivo Capital, LLC and its affiliates, on the other hand, are a group, or have agreed to act as a group with each other for purposes of Section 13(d) of the Act or for any other purpose.

 

(b)

Address of Principal Business Office or, if None, Residence:

 

The address of the principal business office of each of the Reporting Persons is:

 

DMS House, 20 Genesis Close

George Town, Grand Cayman KY1-1103

Cayman Islands

 

(c)

Citizenship:

 

Cayman Islands

 

(d)

Title and Class of Securities:

 

Common Shares, par value $0.001 per share

 

(e)

CUSIP No.:

 

P8696W104

 

Item 3.

For statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c)

 

Not applicable

 

Item 4.

Ownership

 

(a) through (c):

 

The information requested herein is incorporated by reference to the cover pages to this Schedule 13G.

 

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.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

PRIME SUCCESS, L.P.

 

 

By its general partner, Green Vision Partners Limited

 

 

 

 

 

 

By:

/s/ Wong Kok Wai

 

 

Name:

Wong Kok Wai

 

 

Title:

Director

 

 

GREEN VISION PARTNERS LIMITED

 

 

 

 

 

 

By:

/s/ Wong Kok Wai

 

 

Name:

Wong Kok Wai

 

 

Title:

Director

 

 

 

 

 

 

ADVANTECH CAPITAL PARTNERS LTD.

 

 

 

 

 

 

By:

/s/ Wong Kok Wai

 

 

Name:

Wong Kok Wai

 

Title:

Director

 

PRIME SUCCESS, L.P.

 

 

By its general partner, Green Vision Partners Limited

 

 

 

 

 

 

By:

/s/ Wong Kok Wai

 

 

Name:

Wong Kok Wai

 

 

Title:

Director

 

 

GREEN VISION PARTNERS LIMITED

 

 

 

 

 

 

By:

/s/ Wong Kok Wai

 

 

Name:

Wong Kok Wai

 

 

Title:

Director

 

 

 

 

 

 

ADVANTECH CAPITAL PARTNERS LTD.

 

 

 

 

 

 

By:

/s/ Wong Kok Wai

 

 

Name:

Wong Kok Wai

 

Title:

Director