SC 13G

 

 

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

Under the Securities Exchange Act of 1934

 

 

Yirendai Ltd.

(Name of Issuer)

Ordinary shares, $0.0001 par value per share

(Title of Class of Securities)

G9844L107

(CUSIP Number)

December 31, 2015

(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).

  

 

 


CUSIP No. G9844L107   13G   Page 2 of 5 Pages

 

  1   

Name of Reporting Person

 

CreditEase Holdings (Cayman) 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

     

Sole Voting Power

 

100,000,000 ordinary shares

   6   

Shared Voting Power

 

0

   7   

Sole Dispositive Power

 

100,000,000 ordinary shares

   8   

Shared Dispositive Power

 

0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

100,000,000 ordinary shares

10  

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

 

11  

Percent of Class Represented by Amount in Row 9

 

85.5%(1)

12  

Type of Reporting Person

 

CO

 

(1) Based on 117,000,000 ordinary shares outstanding as of December 31, 2015.


CUSIP No. G9844L107   13G   Page 3 of 5 Pages

 

Item 1(a).   

Name of Issuer:

 

Yirendai Ltd.

 

Item 1(b).   

Address of Issuer’s Principal Executive Offices:

 

4/F, Building 2A

No. 6 Lang Jia Yuan, Chaoyang District

Beijing 100022

The People’s Republic of China

 

Item 2(a).   

Name of Person Filing:

 

CreditEase Holdings (Cayman) Limited

 

Item 2(b).   

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

 

16/F, Tower C, SOHO New Town

88 Jianguo Road, Chaoyang District

Beijing 100022

The People’s Republic of China

 

Item 2(c)   

Citizenship:

 

Cayman Islands

 

Item 2(d).   

Title of Class of Securities:

 

Ordinary shares, $0.0001 par value per share

 

Item 2(e).   

CUSIP Number:

 

G9844L107

 

Item 3.   

If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:

 

  

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 December 31, 2015.

 

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:

CreditEase Holdings

(Cayman) Limited

   100,000,000

ordinary shares

   85.5%(1)   100,000,000

ordinary shares

   0    100,000,000

ordinary shares

   0

 

Notes:

 

(1) To derive this percentage, (x) the numerator is 100,000,000 ordinary shares held by the reporting person, and (y) the denominator is 117,000,000, being the total number of ordinary shares of the issuer outstanding as of December 31, 2015.

 

Item 5.   

Ownership of Five Percent or Less of a Class:

 

   Not applicable


CUSIP No. G9844L107   13G   Page 4 of 5 Pages

 

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 Controlling 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


CUSIP No. G9844L107   13G   Page 5 of 5 Pages

 

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 1, 2016

 

CreditEase Holdings (Cayman) Limited   By:  

/s/ Ning Tang

  Name:   Ning Tang
  Title:   Chairman of the Board of Directors and Chief Executive Officer