Schedule 13G Amendment No. 1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

 

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES

13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. 1)*

 

 

 

The9 Limited


(Name of Issuer)

 

Ordinary Shares


(Title of Class of Securities)

 

 

88337K104


(CUSIP Number)

 

December 31, 2005


(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)

 

¨ Rule 13d-1(c)

 

x 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.

 

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).

 

(Continued on following pages)


CUSIP NO. 88337K104   Schedule 13 G    

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

            Jie Qin

   
  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

 

736,736 ordinary shares. Air Tech Ventures Limited may also be deemed to have sole voting power with respect to the above shares.


  6    SHARED VOTING POWER

 

See item 5.


  7    SOLE DISPOSITIVE POWER

 

736,736 ordinary shares. Air Tech Ventures Limited may also be deemed to have sole dispositive power with respect to the above shares.


  8    SHARED DISPOSITIVE POWER

 

See item 7.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            736,736 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            3.0% (1)

   
12  

TYPE OF REPORTING PERSON*

 

            IN

   

 

(1) Based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.


CUSIP NO. 88337K104   Schedule 13 G    

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

            Air Tech Ventures 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

 

            British Virgin Islands

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5    SOLE VOTING POWER

 

736,736 ordinary shares. Jie Qin may also be deemed to have sole voting power with respect to the above shares.


  6    SHARED VOTING POWER

 

See item 5.


  7    SOLE DISPOSITIVE POWER

 

736,736 ordinary shares. Jie Qin may also be deemed to have sole dispositive power with respect to the above shares.


  8    SHARED DISPOSITIVE POWER

 

See item 7.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            736,736 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            3.0% (1)

   
12  

TYPE OF REPORTING PERSON*

 

            CO

   

 

(1) Based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.


CUSIP NO. 88337K104   Schedule 13 G    

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

            Jing Fei Zhou

   
  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

 

440,736 ordinary shares. Magic Health Limited may also be deemed to have sole voting power with respect to the above shares.


  6    SHARED VOTING POWER

 

See item 5.


  7    SOLE DISPOSITIVE POWER

 

440,736 ordinary shares. Magic Health Limited may also be deemed to have sole dispositive power with respect to the above shares.


  8    SHARED DISPOSITIVE POWER

 

See item 7.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            440,736 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            1.8% (1)

   
12  

TYPE OF REPORTING PERSON*

 

            IN

   

 

(1) Based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.


CUSIP NO. 88337K104   Schedule 13 G    

 

  1  

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

            Magic Health 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

 

            British Virgin Islands

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5    SOLE VOTING POWER

 

440,736 ordinary shares. Jing Fei Zhou may also be deemed to have sole voting power with respect to the above shares.


  6    SHARED VOTING POWER

 

See item 5.


  7    SOLE DISPOSITIVE POWER

 

440,736 ordinary shares. Jing Fei Zhou may also be deemed to have sole dispositive power with respect to the above shares.


  8    SHARED DISPOSITIVE POWER

 

See item 7.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            440,736 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            1.8% (1)

   
12  

TYPE OF REPORTING PERSON*

 

            CO

   

 

(1) Based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.


ITEM 1

 

(a).

   NAME OF ISSUER:          
         The9 Limited          

ITEM 1

 

(b).

   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:          
        

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         

ITEM 2

 

(a).

   NAME OF PERSON FILING:          
         Jie Qin          
         Air Tech Ventures Limited          
         Jing Fei Zhou          
         Magic Health Limited          

ITEM 2

 

(b).

   ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:          
        

Jie Qin

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         
        

Air Tech Ventures Limited

c/o Jie Qin

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         
        

Jing Fei Zhou

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         
        

Magic Health Limited

c/o Jing Fei Zhou

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         

ITEM 2

 

(c).

   CITIZENSHIP:          
         Jie Qin – PRC          
         Air Tech Ventures Limited – British Virgin Islands          
         Jing Fei Zhou – PRC          
         Magic Health Limited – British Virgin Islands          

ITEM 2

 

(d).

   TITLE OF CLASS OF SECURITIES:          
         Ordinary Shares          

ITEM 2

 

(e).

   CUSIP NUMBER:          
         88337K104          

ITEM 3.

      

Not Applicable

         


ITEM 4.

   OWNERSHIP:          
     The following information with respect to the ownership of the Ordinary Shares of the issuer by the Reporting Person is provided as of February 14, 2006:

 

Reporting Person    


   Amount
beneficially
owned:


   Percent
of class:


   

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:


Jie Qin

   736,736    3.0 %   736,736    736,736    736,736    736,736

Air Tech Ventures Limited

   736,736    3.0 %   736,736    736,736    736,736    736,736

Jing Fei Zhou

   440,736    1.8 %   440,736    440,736    440,736    440,736

Magic Health Limited

   440,736    1.8 %   440,736    440,736    440,736    440,736

(Percent of class based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.)

 

     Air Tech Ventures Limited, a British Virgin Islands company, is the record owner of 736,736 ordinary shares of The9 Limited. Jie Qin is the sole owner and director of Air Tech Ventures Limited. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules promulgated thereunder, Jie Qin may be deemed to beneficially own all of the shares held by Air Tech Ventures Limited.
     Magic Health Limited, a British Virgin Islands company, is the record owner of 413,874 ordinary shares and 26,862 ordinary shares represented by American Depositary Shares (or “ADSs”) of The9 Limited. Jing Fei Zhou is the sole owner and director of Magic Health Limited. Pursuant to Section 13(d) of the Exchange Act, and the rules promulgated thereunder, Jing Fei Zhou may be deemed to beneficially own all of the shares and ADSs held by Magic Health Limited.
     Jie Qin and Jing Fei Zhou are husband and wife, and may be deemed to share beneficial ownership of the shares and ADSs held by each other. Jie Qin and Jing Fei Zhou both expressly disclaim such beneficial ownership of the shares and ADSs beneficially owned by each other.

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:
     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: February 14, 2006

 

Jie Qin  

/s/ Jie Qin


    Jie Qin
Air Tech Ventures Limited   By:  

/s/ Jie Qin


    Name:   Jie Qin
    Title:   Director
Jing Fei Zhou  

/s/ Jing Fei Zhou


    Jing Fei Zhou
Magic Health Limited   By:  

/s/ Jing Fei Zhou


    Name:   Jing Fei Zhou
    Title:   Director


LIST OF EXHIBITS

 

Exhibit No.


 

Description


A   Joint Filing Agreement