UNITED STATES | ||
SECURITIES AND EXCHANGE COMMISSION | ||
Washington, D.C. 20549 | ||
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
Tuniu Corporation
(Name of Issuer)
Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
89977P106(1)
(CUSIP Number)
December 31, 2018
(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) |
x | Rule 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 the disclosures provided in a prior cover page.
The information required in 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) This CUSIP number applies to the American Depositary Shares of Tuniu Corporation, each representing three Class A ordinary shares.
1 |
NAMES OF REPORTING PERSONS
Fullshare Holdings Limited | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨ | ||
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
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | |
6 |
SHARED VOTING POWER
0 | ||
7 |
SOLE DISPOSITIVE POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
8 |
SHARED DISPOSITIVE POWER
0 | ||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(3) | ||
12 |
TYPE OF REPORTING PERSON
CO | ||
(1) | Including 4,104,137 Class A ordinary shares and 4,733,171 American Depository Shares of the Issuer. Each American Depository Share represents three Class A ordinary shares. Each Class A ordinary share is entitled to one vote. |
(2) | Each Class B ordinary share is entitled to ten votes. |
(3) | Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of issued and outstanding ordinary shares of the Issuer as of March 31, 2018, which was 389,123,410, consisting of 371,749,910 Class A ordinary shares (excluding the 208,134 Class A ordinary shares, represented by 69,378 American Depository Shares, issued and reserved for the future exercise of options or the vesting of other awards under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares, as reported by the Issuer in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 26, 2018, plus the number of Class A ordinary shares the reporting person has the right to acquire, including upon exercise of options and vesting of restricted shares and restricted share units, within 60 days after the date of this filing. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. |
2 |
1 |
NAMES OF REPORTING PERSONS
Five Seasons XII Limited | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨ | ||
3 |
SEC USE ONLY
| ||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | |
6 |
SHARED VOTING POWER
0 | ||
7 |
SOLE DISPOSITIVE POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
8 |
SHARED DISPOSITIVE POWER
0 | ||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(3) | ||
12 |
TYPE OF REPORTING PERSON
CO | ||
(1) | Including 4,104,137 Class A ordinary shares and 4,733,171 American Depository Shares of the Issuer. Each American Depository Share represents three Class A ordinary shares. Each Class A ordinary share is entitled to one vote. |
(2) | Each Class B ordinary share is entitled to ten votes. |
(3) | Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of issued and outstanding ordinary shares of the Issuer as of March 31, 2018, which was 389,123,410, consisting of 371,749,910 Class A ordinary shares (excluding the 208,134 Class A ordinary shares, represented by 69,378 American Depository Shares, issued and reserved for the future exercise of options or the vesting of other awards under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares, as reported by the Issuer in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 26, 2018, plus the number of Class A ordinary shares the reporting person has the right to acquire, including upon exercise of options and vesting of restricted shares and restricted share units, within 60 days after the date of this filing. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. |
3 |
1 |
NAMES OF REPORTING PERSONS
Fullshare Value Fund II L.P. | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨ | ||
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
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | |
6 |
SHARED VOTING POWER
0 | ||
7 |
SOLE DISPOSITIVE POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
8 |
SHARED DISPOSITIVE POWER
0 | ||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(3) | ||
12 |
TYPE OF REPORTING PERSON
PN | ||
(1) | Including 4,104,137 Class A ordinary shares and 4,733,171 American Depository Shares of the Issuer. Each American Depository Share represents three Class A ordinary shares. Each Class A ordinary share is entitled to one vote. |
(2) | Each Class B ordinary share is entitled to ten votes. |
(3) | Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of issued and outstanding ordinary shares of the Issuer as of March 31, 2018, which was 389,123,410, consisting of 371,749,910 Class A ordinary shares (excluding the 208,134 Class A ordinary shares, represented by 69,378 American Depository Shares, issued and reserved for the future exercise of options or the vesting of other awards under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares, as reported by the Issuer in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 26, 2018, plus the number of Class A ordinary shares the reporting person has the right to acquire, including upon exercise of options and vesting of restricted shares and restricted share units, within 60 days after the date of this filing. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. |
4 |
1 |
NAMES OF REPORTING PERSONS
Fullshare Investment Management III Limited | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨ | ||
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
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | |
6 |
SHARED VOTING POWER
0 | ||
7 |
SOLE DISPOSITIVE POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
8 |
SHARED DISPOSITIVE POWER
0 | ||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(3) | ||
12 |
TYPE OF REPORTING PERSON
OO | ||
(1) | Including 4,104,137 Class A ordinary shares and 4,733,171 American Depository Shares of the Issuer. Each American Depository Share represents three Class A ordinary shares. Each Class A ordinary share is entitled to one vote. |
(2) | Each Class B ordinary share is entitled to ten votes. |
(3) | Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of issued and outstanding ordinary shares of the Issuer as of March 31, 2018, which was 389,123,410, consisting of 371,749,910 Class A ordinary shares (excluding the 208,134 Class A ordinary shares, represented by 69,378 American Depository Shares, issued and reserved for the future exercise of options or the vesting of other awards under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares, as reported by the Issuer in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 26, 2018, plus the number of Class A ordinary shares the reporting person has the right to acquire, including upon exercise of options and vesting of restricted shares and restricted share units, within 60 days after the date of this filing. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. |
5 |
1 |
NAMES OF REPORTING PERSONS
Five Seasons XV Limited | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨ (b) ¨ | ||
3 |
SEC USE ONLY
| ||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | |
6 |
SHARED VOTING POWER
0 | ||
7 |
SOLE DISPOSITIVE POWER
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
8 |
SHARED DISPOSITIVE POWER
0 | ||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,253,647 ordinary shares, consisting of 18,303,650 Class A ordinary shares(1) and 6,949,997 Class B ordinary shares(2) | ||
10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.5%(3) | ||
12 |
TYPE OF REPORTING PERSON
CO | ||
(1) | Including 4,104,137 Class A ordinary shares and 4,733,171 American Depository Shares of the Issuer. Each American Depository Share represents three Class A ordinary shares. Each Class A ordinary share is entitled to one vote. |
(2) | Each Class B ordinary share is entitled to ten votes. |
(3) | Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of issued and outstanding ordinary shares of the Issuer as of March 31, 2018, which was 389,123,410, consisting of 371,749,910 Class A ordinary shares (excluding the 208,134 Class A ordinary shares, represented by 69,378 American Depository Shares, issued and reserved for the future exercise of options or the vesting of other awards under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares, as reported by the Issuer in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 26, 2018, plus the number of Class A ordinary shares the reporting person has the right to acquire, including upon exercise of options and vesting of restricted shares and restricted share units, within 60 days after the date of this filing. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. |
6 |
SCHEDULE 13G
Item 1(a) | Name of Issuer: |
Tuniu Corporation
Item 1(b) | Address of Issuer’s
Principal Executive Offices: |
Tuniu Building, No. 699-32
Xuanwudadao, Xuanwu District
Nanjing, Jiangsu Province 210042
People’s Republic of China
Item 2(a) | Name of Person Filing: |
Each of the following is hereinafter referred to as a “Reporting Person”. This statement is filed on behalf of:
(i) | Fullshare Holdings Limited; |
(ii) | Five Seasons XII Limited; |
(iii) | Fullshare Value Fund II L.P.; |
(iv) | Fullshare Investment Management III Limited; and |
(v) | Five Seasons XV Limited. |
Item 2(b) | Address or Principal Business Office, or, if None, Residence: |
Fullshare Holdings Limited
Unit 10-12, Level 43
Champion Tower
Three Garden Road, Central
Hong Kong
Five Seasons XII Limited
Vistra Corporate Services Centre, Wickhams Cay II
Road Town, Tortola, VG1110
British Virgin Islands
Fullshare Value Fund II L.P.
c/o Campbells Corporate Services Limited
Floor 4, Willow House
Cricket Square, Grand Cayman KY1-9010
Cayman Islands
Fullshare Investment Management III Limited
c/o Campbells Corporate Services Limited
Floor 4, Willow House
Cricket Square, Grand Cayman KY1-9010
Cayman Islands
Five Seasons XV Limited
Vistra Corporate Services Centre, Wickhams Cay II
Road Town, Tortola, VG 1110
British Virgin Islands
Item 2(c) | Citizenship: |
See item 4 of each of the cover pages.
7 |
Item 2(d) | Title of Class of Securities: |
Ordinary shares, including Class A ordinary shares and Class B ordinary shares, par value of $0.0001 per share.
The rights of the holders of Class A ordinary shares and Class B ordinary shares are identical, except with respect to conversion rights and voting rights. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. Each Class A ordinary share is entitled to one vote, whereas each Class B ordinary share is entitled to ten votes.
Item 2(e) | CUSIP No.: |
The CUSIP number 89977P106 applies to the American Depositary Shares of the Issuer, each representing three Class A ordinary shares of the Issuer, par value $0.0001 per share.
Item 3. | If this Statement is Filed Pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), Check whether the Person filing is a: |
Not applicable
Item 4. | Ownership |
The following information with respect to the ordinary shares of par value of $0.0001 per share of the Issuer, including ordinary shares represented by American Depositary Shares, held by the reporting persons is provided as of the filing date:
Number of shares as to which the person has | ||||||||||||||||||
Reporting Person | Amount beneficially owned: | Percent of class: | Sole power to vote or to 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: | ||||||||||||
Fullshare Holdings Limited | 18,303,650 Class A ordinary shares | 6.5 | % | 18,303,650 Class A ordinary shares | 0 | 18,303,650 Class A ordinary shares | 0 | |||||||||||
6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | ||||||||||||||||
Five Seasons XII Limited | 18,303,650 Class A ordinary shares | 6.5 | % | 18,303,650 Class A ordinary shares | 0 | 18,303,650 Class A ordinary shares | 0 | |||||||||||
6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | ||||||||||||||||
Fullshare Value Fund II L.P. | 18,303,650 Class A ordinary shares | 6.5 | % | 18,303,650 Class A ordinary shares | 0 | 18,303,650 Class A ordinary shares | 0 | |||||||||||
6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | ||||||||||||||||
Fullshare Investment Management III Limited | 18,303,650 Class A ordinary shares | 6.5 | % | 18,303,650 Class A ordinary shares | 0 | 18,303,650 Class A ordinary shares | 0 | |||||||||||
6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | ||||||||||||||||
Five Seasons XV Limited | 18,303,650 Class A ordinary shares | 6.5 | % | 18,303,650 Class A ordinary shares | 0 | 18,303,650 Class A ordinary shares | 0 | |||||||||||
6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares | 6,949,997 Class B ordinary shares |
The calculations in the table above are based on the total number of issued and outstanding ordinary shares of the Issuer as of March 31, 2018, which was 389,123,410, consisting of 371,749,910 Class A ordinary shares (excluding 208,134 Class A ordinary shares, represented by 69,378 American Depository Shares, issued and reserved for the future exercise of options or the vesting of other awards under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares, par value $0.0001 per share, as reported by the Issuer in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 26, 2018, plus the number of Class A ordinary shares the reporting person has the right to acquire, including upon exercise of options and vesting of restricted shares and restricted share units, within 60 days after the date of this filing. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance.
Five Seasons XV Limited is the holder of 18,303,650 Class A ordinary shares (including 4,104,137 Class A ordinary shares and 4,733,171 American Depository Shares, each American Depository Share represents three Class A ordinary shares) and 6,949,997 Class B ordinary shares of the Issuer. Five Seasons XV Limited is a wholly owned subsidiary of Fullshare Value Fund II L.P.. Fullshare Investment Management III Limited is the general partner of Fullshare Value Fund II L.P., and is wholly owned by Five Seasons XII Limited, which is a wholly owned subsidiary of Fullshare Holdings Limited. Accordingly, Fullshare Value Fund II L.P., Fullshare Investment Management III Limited, Five Seasons XII Limited and Fullshare Holdings Limited may be deemed to beneficially own the securities directly held by Five Seasons XV Limited.
Item 5. | Ownership of Five Percent or Less of a Class |
Not applicable
8 |
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. | Certifications |
Not applicable
9 |
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: February 4, 2019
Fullshare Holdings Limited | ||
By: | /s/ Wang Bo | |
Name: | Wang Bo | |
Title: | Director |
Five Seasons XII Limited | ||
By: | /s/ Wang Bo | |
Name: | Wang Bo | |
Title: | Director |
Fullshare Value Fund II L.P. | ||
By: Fullshare Investment Management III Limited Its General Partner
| ||
By: |
/s/ Jack Tsai | |
Name: | Jack Tsai | |
Title: | Director |
Fullshare Investment Management III Limited | ||
By: | /s/ Jack Tsai | |
Name: | Jack Tsai | |
Title: | Director |
Five Seasons XV Limited | ||
By: | /s/ Wang Bo | |
Name: | Wang Bo | |
Title: | Director |
LIST OF EXHIBITS
Exhibit No. | Description | |
99.1 | Joint Filing Agreement |