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FORM 3 OMB APPROVAL
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OMB Number:..........2285-0104
Expires: ....December 31, 2001
Estimated average burden .....
Hours per response ........0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
(Print or Type Response)
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Li Dong Sheng Statement Trading Symbol of Original
---------------------------------------- (Month/Day/Year) LOTUS PACIFIC, INC. LPFC.OB (Month/Day/Year)
(Last) (First) (Middle) 29 JUNE 2001 ----------------------------------
No. 6 Er Ling Nan Lu ---------------------------- 5. Relationship of Reporting -----------------------
---------------------------------------- 3. I.R.S. or Identification Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Huizhou PRC Person (if not entity) X Director 10% Owner Applicable Line)
-------------------------------------- (voluntary) ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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N/A N/A N/A N/A
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Reminder: Report on a separate line for each class of securities beneficially
owned indirectly or indirectly. * If the form is filed by more than one
reporting person, see Instruction 5(b)(v).
(Over) 10410602v1
SEC 1473 (3-99)
Potential person who are to respond to the collection of information contained
in this form are not required to respond [???] the form displays a currently
valid OMB control number.
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deriv- ative
ative Security:
Security
------------------------------------------------- Direct
Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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N/A N/A N/A N/A N/A N/A N/A N/A
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Explanation of Responses:
/s/ Li Dong Sheng July 17, 2001
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**Signature of Reporting Person Date
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form
are not required to respond unless the form displays a currently valid OMB Number. Page 2