0000904454-11-000116.txt : 20110404 0000904454-11-000116.hdr.sgml : 20110404 20110404135521 ACCESSION NUMBER: 0000904454-11-000116 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110404 DATE AS OF CHANGE: 20110404 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: China Information Technology, Inc. CENTRAL INDEX KEY: 0001350684 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 591944687 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82475 FILM NUMBER: 11734883 BUSINESS ADDRESS: STREET 1: 21ST FLOOR, EVERBRIGHT BANK BUILDING STREET 2: ZHUZILIN, FUTIAN DISTRICT CITY: SHENZHEN, GUANGDONG STATE: F4 ZIP: 518040 BUSINESS PHONE: (86) 755 8370 8333 MAIL ADDRESS: STREET 1: 21ST FLOOR, EVERBRIGHT BANK BUILDING STREET 2: ZHUZILIN, FUTIAN DISTRICT CITY: SHENZHEN, GUANGDONG STATE: F4 ZIP: 518040 FORMER COMPANY: FORMER CONFORMED NAME: China Information Security Technology, Inc. DATE OF NAME CHANGE: 20080407 FORMER COMPANY: FORMER CONFORMED NAME: China Public Security Technology, Inc. DATE OF NAME CHANGE: 20070209 FORMER COMPANY: FORMER CONFORMED NAME: Irish Mag, Inc. DATE OF NAME CHANGE: 20060123 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SANSAR CAPITAL ASIA PTE. LTD. CENTRAL INDEX KEY: 0001512794 IRS NUMBER: 000000000 STATE OF INCORPORATION: U0 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 16 RAFFLES QUAY #40-02A STREET 2: HONG LEONG BUILDING CITY: SINGAPORE STATE: U0 ZIP: 048581 BUSINESS PHONE: 65 6372-7580 MAIL ADDRESS: STREET 1: 16 RAFFLES QUAY #40-02A STREET 2: HONG LEONG BUILDING CITY: SINGAPORE STATE: U0 ZIP: 048581 SC 13G 1 s13g_032411-chinainformation.htm SCHEDULE 13G FOR CHINA INFORMATION TECHNOLOGY, INC. Unassociated Document
 
 
CUSIP No. 16950L109

SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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 RULE 13d-2(b)

(Amendment No. __)*

CHINA INFORMATION TECHNOLOGY, INC.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
16950L109
(CUSIP Number)
 
March 24, 2011
(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.
 
 
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. 16950L109


1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Sansar Capital Asia Pte. Ltd.
 
2.
(a)           [ ]
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(b)           [ ]
 
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Singapore
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5.
SOLE VOTING POWER
----
6.
SHARED VOTING POWER
2,715,512 shares as of March 24, 2011
3,217,512 shares as of April 1, 2011
7.
SOLE DISPOSITIVE POWER
----
8.
SHARED DISPOSITIVE POWER
2,715,512 shares as of March 24, 2011
3,217,512 shares as of April 1, 2011
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,715,512 shares as of March 24, 2011
3,217,512 shares as of April 1, 2011
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.19% as of March 24, 2011*
6.15% as of April 1, 2011*
12.
TYPE OF REPORTING PERSON
IA
 
*The number of shares of common stock outstanding of 52,305,787 is as of March 8, 2011, as reported in the Issuer’s Annual Report on Form 10-K.
 


 
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CUSIP No. 16950L109

 

1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Sansar Capital Management, L.L.C.
 
2.
(a)           [ ]
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(b)           [ ]
 
3.
SEC USE ONLY
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5.
SOLE VOTING POWER
----
6.
SHARED VOTING POWER
2,715,512 shares as of March 24, 2011
3,217,512 shares as of April 1, 2011
7.
SOLE DISPOSITIVE POWER
----
8.
SHARED DISPOSITIVE POWER
2,715,512 shares as of March 24, 2011
3,217,512 shares as of April 1, 2011
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,715,512 shares as of March 24, 2011
3,217,512 shares as of April 1, 2011
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.19% as of March 24, 2011*
6.15% as of April 1, 2011*
12.
TYPE OF REPORTING PERSON
IA
 
*The number of shares of common stock outstanding of 52,305,787 is as of March 8, 2011, as reported in the Issuer’s Annual Report on Form 10-K.
 


 
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CUSIP No. 16950L109

SCHEDULE 13G

Item 1(a)
Name of Issuer:
CHINA INFORMATION TECHNOLOGY, INC.

1(b)               Address of Issuer's Principal Executive Offices:
 
21st Floor, Everbright Bank Building
Zhuzilin, Futian District
Szenzhen, Guangdong 518040
People's Republic of China

Item 2(a)
Name of Person Filing:
This statement is being filed on behalf of Sansar Capital Management, L.L.C., a Delaware limited liability company (“Sansar Capital Management”), and Sansar Capital Asia Pte. Ltd., a company organized under the laws of Singapore (“Sansar Asia” and together with Sansar Capital Management, the “Reporting Persons”).  Sanjay Motwani is the managing member of Sansar Family I, L.L.C., which is the managing member of Sansar Capital Management.  Sansar Capital Asia L.P., a limited partnership organized under the laws of the Cayman Islands is the sole shareholder of Sansar Asia.  Sansar International L.L.C., a Delaware limited liability company, is the general partner of Sansar Capital Asia, L.P.  Sanjay Motwani is the managing member of Sansar International L.L.C.  All of the shares of Common Stock beneficially owned by the Reporting Persons are directly held by a fund to which Sansar Capital Management and Sansar Asia act as investment advisors (the “Fund”).

2(b)               Address of Principal Business Office or, if none, Residence:
The principal business address of each of the reporting persons is 16 Raffles Quay #40-02A, Hong Leong Building Singapore, Singapore 048581.

2(c)               Citizenship:
Sansar Capital Asia Pte. Ltd. is a company organized under the laws of Singapore.  Sansar Capital Asia is a limited partnership organized under the laws of the Cayman Islands.  Sansar International L.L.C. is a Delaware limited liability company.  Sanjay Motwani is a United Kingdom citizen.  Sansar Family I, L.L.C. is a Delaware limited liability company.  Sansar Capital Management, L.L.C. is a Delaware limited liability company.

2(d)               Title of Class of Securities:
Common stock, par value $0.01 per share

2(e)               CUSIP Number:
16950L109

 
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CUSIP No. 16950L109


Item 3
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:  Not Applicable

(a)
[   ]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
[   ]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
[   ]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
[   ]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
[   ]
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
[   ]
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
[   ]
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h)
[   ]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
[   ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
[   ]
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
(k)
[   ]
Group, in accordance with § 240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _________________________.

 
Item 4
Ownership:
With respect to the beneficial ownership of shares of Common Stock of China Information Technology, Inc. (the “Issuer”) by the reporting persons, see Items 5 through 11 of the cover pages of this Schedule 13G, which are incorporated herein by reference.



 
5

 
CUSIP No. 16950L109


 
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 [  ]

 
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:

By signing below the undersigned certifies that, to the best of the undersigned’s 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.


 
6

 
CUSIP No. 16950L109


After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 
SANSAR CAPITAL MANAGEMENT, L.L.C.
 
 
By:
Sansar Family I, L.L.C.,
its Managing Member
 
 
By:
/s/ Sanjay Motwani
   
Sanjay Motwani
Managing Member
 
 
 
SANSAR CAPITAL ASIA PTE. LTD.
 
 
By:
/s/ Sanjay Motwani
   
Sanjay Motwani
President
Dated:   April 4, 2011


 
7

 
CUSIP No. 16950L109

EXHIBIT INDEX

Exhibit I          -          Agreement Regarding the Joint Filing of Schedule 13G
 
 
 
 
 


 
8

 
CUSIP No. 16950L109

Exhibit I

AGREEMENT REGARDING
THE JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree as follows:

    (i) 
Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and
 
    (ii) 
Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.
 
 
Dated:   April 4, 2011

 
SANSAR CAPITAL MANAGEMENT, L.L.C.
 
 
By:
Sansar Family I, L.L.C.,
its Managing Member
 
 
By:
/s/ Sanjay Motwani
   
Sanjay Motwani
Managing Member
 
 
 
SANSAR CAPITAL ASIA PTE. LTD.
 
 
By:
/s/ Sanjay Motwani
   
Sanjay Motwani
President
 
 
 
9