-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OAwFG/Kiac641tu07lS8aTxmkiEeDgReg+d1sAcrMqSamywVpG46w8RV0ljjtmzt 9xX+6h8ckuj6V+Yhe2jj9g== 0001362310-08-007618.txt : 20081124 0001362310-08-007618.hdr.sgml : 20081124 20081124060040 ACCESSION NUMBER: 0001362310-08-007618 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081124 DATE AS OF CHANGE: 20081124 GROUP MEMBERS: EMPIRE CAPITAL PARTNERS L.P. GROUP MEMBERS: EMPIRE GP, LLC GROUP MEMBERS: PETER J RICHARDS GROUP MEMBERS: SCOTT A FINE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Yucheng Technologies LTD CENTRAL INDEX KEY: 0001356462 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82213 FILM NUMBER: 081209039 BUSINESS ADDRESS: STREET 1: 105 WEST 13TH STREET STREET 2: SUITE 7A CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 646-383-4832 MAIL ADDRESS: STREET 1: 105 WEST 13TH STREET STREET 2: SUITE 7A CITY: NEW YORK STATE: NY ZIP: 10011 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Empire Capital Management, L.L.C. CENTRAL INDEX KEY: 0001321711 IRS NUMBER: 133888075 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1 GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 203-454-1019 MAIL ADDRESS: STREET 1: 1 GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 SC 13G/A 1 c77506sc13gza.htm SCHEDULE 13G/A Filed by Bowne Pure Compliance
     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 3)*

YUCHENG TECHNOLOGIES LTD
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
G98777108
(CUSIP Number)
March 7, 2008
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o 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).

 
 


 

                     
CUSIP No.
 
G98777108 
  Page  
  of   
11 Pages

 

           
1   NAMES OF REPORTING PERSONS
Empire Capital Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   695,284
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    695,284
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  695,284
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

 


 

                     
CUSIP No.
 
G98777108 
  Page  
  of   
11 Pages

 

           
1   NAMES OF REPORTING PERSONS
Empire GP, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   695,284
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    695,284
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  695,284
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

 


 

                     
CUSIP No.
 
G98777108 
  Page  
  of   
11 Pages

 

           
1   NAMES OF REPORTING PERSONS
Empire Capital Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,066,716
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,066,716
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,066,716
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.1%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

 


 

                     
CUSIP No.
 
G98777108 
  Page  
  of   
11 Pages

 

           
1   NAMES OF REPORTING PERSONS
Scott A. Fine
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,762,000
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,762,000
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,762,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  10.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

 


 

                     
CUSIP No.
 
G98777108 
  Page  
  of   
11 Pages

 

           
1   NAMES OF REPORTING PERSONS
Peter J. Richards
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,762,000
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,762,000
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,762,000
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  10.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

 


 

CUSIP No. G98777108   13G   Page 7 of 11 Pages
This Amendment No. 3 (this “Amendment”) amends the statement on Schedule 13G filed on November 27, 2007 (the “Original Schedule 13G”), as amended by Amendment No. 1 filed on February 14, 2008 and as further amended by Amendment No. 2 (“Amendment No. 2”) filed on September 18, 2008 (the Original Schedule 13G as amended, the “Schedule 13G”) with respect to shares of common stock par value $0.0001 per share (the “Common Stock”) of Yucheng Technologies Limited, a British Virgin Islands corporation (the “Company”). Capitalized terms used herein and not otherwise defined in this Amendment have the meanings set forth in the Schedule 13G. This Amendment amends and restates Item 4 in its entirety as set forth below to correct certain immaterial inaccuracies in Amendment No. 2.
Item 1(a). Name of Issuer:
The name of the issuer is YUCHENG TECHNOLOGIES LTD. (the “Company”).
Item 1(b). Address of Issuer’s Principal Executive Offices:
The Company’s principal executive offices are located at 105 West 13th Street, Suite 7A, New York, NY 10011.
Item 2(a). Name of Person Filing:
This statement is filed by:
  (i)   Empire Capital Partners, L.P., a Delaware limited partnership (“Empire Capital”), with respect to the shares of Common Stock (as defined below) directly owned by it;
  (ii)   Empire GP, L.L.C., a Delaware limited liability company (“Empire GP”), with respect to the shares of Common Stock directly owned by Empire Capital;
  (iii)   Empire Capital Management, L.L.C., a Delaware limited liability company (“Empire Management”) with respect to the shares of Common Stock directly owned by Empire Capital Partners, Ltd. (the “Empire Overseas Fund”), Empire Capital Partners Enhanced Master Fund, LTD (“Master Fund”), Charter Oak Partners, L.P., Charter Oak Partners II, L.P. and Charter Oak Master Fund, L.P. (the “Charter Oak Funds”);
  (iv)   Mr. Scott A. Fine (“Mr. Fine”) with respect to the shares of Common Stock directly owned by Empire Capital, the Empire Overseas Fund, Master Fund, and the Charter Oak Funds; and
  (v)   Mr. Peter J. Richards (“Mr. Richards”) with respect to the shares of Common Stock directly owned by Empire Capital, the Empire Overseas Fund, Master Fund, and the Charter Oak Funds.
The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.” Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

 

 


 

CUSIP No. G98777108   13G   Page 8 of 11 Pages
Item 2(c). Citizenship:
Empire Capital is a limited partnership organized under the laws of the State of Delaware. Each of Empire GP and Empire Management is a limited liability company organized under the laws of the State of Delaware. Messrs. Fine and Richards are each a United States citizen.
Item 2(d). Title of Class of Securities:
Common Stock $0.0001 par value (the “Common Stock”)
Item 2(e). CUSIP Number: G98777108
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
  (a)   o Broker or dealer registered under Section 15 of the Act,
  (b)   o Bank as defined in Section 3(a)(6) of the Act,
  (c)   o Insurance Company as defined in Section 3(a)(19) of the Act,
  (d)   o Investment Company registered under Section 8 of the Investment Company Act of 1940,
  (e)   o Investment Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E),
  (f)   o Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F),
  (g)   o Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G),
  (h)   o Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
  (i)   o Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,
  (j)   o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to 13d-1(c), check this box: þ

 

 


 

CUSIP No. G98777108   13G   Page 9 of 11 Pages
Item 4. Ownership.
A. Empire Capital Partners, L.P. and Empire GP, L.L.C.
(a) Amount beneficially owned: 695,284
(b) Percent of class: 4.0%
The percentages used herein and in the rest of Item 4 are calculated based upon the 17,563,685 shares of Common Stock issued and outstanding as of June 30, 2008 as reflected in the Company’s Form 6K filed on August 14, 2008.
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 695,284
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 695,284
Empire Capital has the power to dispose of and the power to vote the shares of Common Stock beneficially owned by it, which power may be exercised by its general partner, Empire GP. Empire GP does not directly own any shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934 (the “Act”), Empire GP may be deemed to own beneficially the shares owned by Empire Capital.
B. Empire Management
(a) Amount beneficially owned: 1,066,716
(b) Percent of class: 6.1%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,066,716
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 1,066,716
The Empire Overseas Fund, Master Fund, and the Charter Oak Funds have the power to dispose of and the power to vote the shares of Common Stock beneficially owned by them, which power may be exercised by their investment manager, Empire Management. Empire Management does not directly own any shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934 (the “Act”), Empire Management may be deemed to own beneficially the shares owned by the Empire Overseas Fund, Master Fund, and the Charter Oak Funds.
C. Scott A. Fine and Peter J. Richards
(a) Amount beneficially owned: 1,762,000
(b) Percent of class: 10.0%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,762,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 1,762,000
Messrs. Fine and Richards, as Members, direct the operations of Empire GP and Empire Management. Neither Mr. Fine nor Mr. Richards directly own any shares of Common Stock. By reason of the provisions of Rule 13d-3 of the Act, each may be deemed to beneficially own the shares beneficially owned by Empire Capital, the Empire Overseas Fund, Master Fund, and the Charter Oak Funds.

 

 


 

CUSIP No. G98777108   13G   Page 10 of 11 Pages
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.
Empire GP, the general partner of Empire Capital, has the power to direct the affairs of Empire Capital, including decisions respecting the disposition of the proceeds from the sale of the Common Stock. Empire Management, the investment manager of the Empire Overseas Fund and Master Fund has the power to direct the affairs of the Empire Overseas Fund and Master Fund, including decisions respecting the disposition of the proceeds from the sale of the Common Stock. Empire Management, pursuant to investment management agreements with Charter Oak, Charter Oak II and Charter Oak Master has the power to dispose of the proceeds from the sale of the Common Stock with respect to those assets of the Charter Oak Funds under its discretion. Messrs. Fine and Richards are the Members of Empire GP and Empire Management, and in their capacities direct the operations of Empire GP and Empire Management.
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.
Each of the Reporting Persons hereby makes the following 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 


 

CUSIP No. G98777108   13G   Page 11 of 11 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
DATED: November 14, 2008
         
     
  By:   /s/ Scott A. Fine    
    Scott A. Fine, individually, and as    
    member of Empire GP, L.L.C. and Empire Capital Management, L.L.C.   
 
         
     
  By:   /s/ Peter J. Richards    
    Peter J. Richards, individually, and as    
    member of Empire GP, L.L.C. and Empire Capital Management, L.L.C.   
 

 

 

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