-----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, TMc+0iZdLtvG64rwvZnkHyH872PapMxtOzVZWTBDCKZVTiuxk93Kh/DeW/crPrp3 Sjoc/W46MO+Q3ZEMA40Z9w== 0000902664-09-000490.txt : 20090210 0000902664-09-000490.hdr.sgml : 20090210 20090210171053 ACCESSION NUMBER: 0000902664-09-000490 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090210 DATE AS OF CHANGE: 20090210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Solarfun Power Holdings Co., Ltd. CENTRAL INDEX KEY: 0001371541 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82557 FILM NUMBER: 09586516 BUSINESS ADDRESS: STREET 1: 666 LINYANG ROAD CITY: QIDONG, JIANGSU PROVINCE STATE: F4 ZIP: 226200 BUSINESS PHONE: 86-21-6393 8318 MAIL ADDRESS: STREET 1: 666 LINYANG ROAD CITY: QIDONG, JIANGSU PROVINCE STATE: F4 ZIP: 226200 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Highbridge International LLC CENTRAL INDEX KEY: 0001308315 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: THE CAYMAN CORPORATE CENTRE, 4TH FLOOR STREET 2: 27 HOSPITAL ROAD CITY: GRAND CAYMAN STATE: E9 ZIP: 00000 BUSINESS PHONE: 345-945-1400 MAIL ADDRESS: STREET 1: P.O. BOX 30554 STREET 2: SEVEN MILE BEACH CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: 00000 SC 13G/A 1 p09-0040sc13ga.txt SOLARFUN POWER HOLDINGS CO., LTD. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Solarfun Power Holdings Co., Ltd. (Name of Issuer) Ordinary Shares, par value $0.0001 per share (Title of Class of Securities) 83415U108** (CUSIP Number) December 31, 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: [ ] 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. **There is no CUSIP number assigned to the Ordinary Shares of the Company (as defined below). CUSIP number 83415U108 has been assigned to the American Depositary Shares ("ADS") of the Company, which are quoted on The NASDAQ Global Market under the symbol "SOLF." Each ADS represents 5 Ordinary Shares. The information required in the remainder of this cover page shall not be deemed to be "filed" for 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). Page 1 of 9 Pages CUSIP No. 83415U108 13G Page 2 of 9 Pages - ----------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS Highbridge International LLC - ----------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) [X] (b) [ ] - ----------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands, British West Indies - ----------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) OWNED BY -------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions) [ ] - ----------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.82% - ----------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (See instructions) OO - ----------------------------------------------------------------------- CUSIP No. 83415U108 13G Page 3 of 9 Pages - ----------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS Highbridge Convertible Arbitrage Master Fund, L.P. - ----------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) [X] (b) [ ] - ----------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands, British West Indies - ----------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 0 OWNED BY -------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER 0 - ----------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ----------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions) [ ] - ----------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% - ----------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (See instructions) PN - ----------------------------------------------------------------------- CUSIP No. 83415U108 13G Page 4 of 9 Pages - ----------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS Highbridge Capital Management, LLC - ----------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) [X] (b) [ ] - ----------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware - ----------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) OWNED BY -------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions) [ ] - ----------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.82% - ----------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (See instructions) OO - ----------------------------------------------------------------------- CUSIP No. 83415U108 13G Page 5 of 9 Pages - ----------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS Glenn Dubin - ----------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) [X] (b) [ ] - ----------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) OWNED BY -------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions) [ ] - ----------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.82% - ----------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (See instructions) IN - ----------------------------------------------------------------------- CUSIP No. 83415U108 13G Page 6 of 9 Pages - ----------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS Henry Swieca - ----------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) [X] (b) [ ] - ----------------------------------------------------------------------- (3) SEC USE ONLY - ----------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - ----------------------------------------------------------------------- NUMBER OF (5) SOLE VOTING POWER 0 SHARES -------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) OWNED BY -------------------------------------------------------- EACH (7) SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------- PERSON WITH (8) SHARED DISPOSITIVE POWER 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,606,940 Ordinary Shares (see Item 4(a)) $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 convertible into 11,947,716 Ordinary Shares (see Item 4(a)) - ----------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions) [ ] - ----------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.82% - ----------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON (See instructions) IN - ----------------------------------------------------------------------- CUSIP No. 83415U108 13G Page 7 of 9 Pages This Amendment No. 1 (this "Amendment") amends the statement on Schedule 13G filed on February 8, 2008 (the "Original Schedule 13G" and 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 Solarfun Power Holdings Co., Ltd., a Cayman 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 Items 4 and 5 in their entirety as set forth below. Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: As of the date of this filing, (i) Highbridge International LLC beneficially owns 1,606,940 Ordinary Shares and $45,700,000 aggregate principal amount of Convertible Senior Notes due January 15, 2018 (the "Notes") convertible into 2,389,543 ADSs, which represent 11,947,715 Ordinary Shares, (ii) Highbridge Convertible Arbitrage Master Fund, L.P no longer beneficially owns any Ordinary Shares and (iii) each of Highbridge Capital Management, LLC, Glenn Dubin and Henry Swieca may be deemed the beneficial owner of the 1,606,940 Ordinary Shares beneficially owned by Highbridge International LLC and the $45,700,000 aggregate principal amount of the Notes convertible into 2,389,543 ADSs, which represent 11,947,716 Ordinary Shares beneficially owned by Highbridge International LLC. The Ordinary Shares held by the Reporting Persons are held in the form of ADS. Each ADS represents 5 Ordinary Shares. Highbridge Capital Management, LLC is the trading manager of Highbridge International LLC and Highbridge Convertible Arbitrage Master Fund, L.P. Glenn Dubin is the Chief Executive Officer of Highbridge Capital Management, LLC. Henry Swieca is the Chief Investment Officer of Highbridge Capital Management, LLC. The foregoing should not be construed in and of itself as an admission by any Reporting Person as to beneficial ownership of Ordinary Shares owned by another Reporting Person. In addition, each of Highbridge Capital Management, LLC, Glenn Dubin and Henry Swieca disclaims beneficial ownership of Ordinary Shares owned by Highbridge International LLC. (b) Percent of class: The Company's prospectus filed pursuant to Rule 424(b)(2) on August 13, 2008 (the "Prospectus"), indicates that after the completion of the offering contemplated by the Prospectus, as of March 31, 2008 there are 269,060,209 Ordinary Shares outstanding. Therefore as of the date of this filing, based on the Company's outstanding Ordinary Shares, (i) Highbridge International LLC beneficially owns 4.82% of the outstanding Ordinary Shares of the Company, (ii) Highbridge Convertible Arbitrage Master Fund, L.P. no longer beneficially owns any Ordinary Shares of the Company, and (iii) each of Highbridge Capital Management, LLC, Glenn Dubin and Henry Swieca may be deemed to beneficially own 4.82% of the outstanding Ordinary Shares of the Company. The foregoing should not be construed in and of itself as an admission by any CUSIP No. 83415U108 13G Page 8 of 9 Pages Reporting Person as to beneficial ownership of Ordinary Shares owned by another Reporting Person. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote See Item 4(a) (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of See Item 4(a) Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [X] CUSIP No. 83415U108 13G Page 9 of 9 Pages SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct. Dated: February 10, 2009 HIGHBRIDGE INTERNATIONAL LLC HIGHBRIDGE CONVERTIBLE ARBITRAGE MASTER FUND, L.P. By: Highbridge Capital Management, LLC By: Highbridge Capital Management, LLC its Trading Manager its Trading Manager By: /s/ John Oliva By: /s/ John Oliva ------------------------------ --------------------------------- Name: John Oliva Name: John Oliva Title: Managing Director Title: Managing Director HIGHBRIDGE CAPITAL MANAGEMENT, LLC /s/ Henry Swieca ------------------------------------- HENRY SWIECA By: /s/ John Oliva - ---------------------------------- Name: John Oliva Title: Managing Director /s/ Glenn Dubin - ---------------------------------- GLENN DUBIN -----END PRIVACY-ENHANCED MESSAGE-----