0001448793-14-000006.txt : 20140516
0001448793-14-000006.hdr.sgml : 20140516
20140515212632
ACCESSION NUMBER: 0001448793-14-000006
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20140516
DATE AS OF CHANGE: 20140515
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: 500.com Ltd
CENTRAL INDEX KEY: 0001517496
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-87731
FILM NUMBER: 14849607
BUSINESS ADDRESS:
STREET 1: 500.COM BUILDING
STREET 2: SHENXIANLING SPORTS CENTER
CITY: LONGGANG, SHENZHEN
STATE: F4
ZIP: 518115
BUSINESS PHONE: (86 755) 8633 0000
MAIL ADDRESS:
STREET 1: 500.COM BUILDING
STREET 2: SHENXIANLING SPORTS CENTER
CITY: LONGGANG, SHENZHEN
STATE: F4
ZIP: 518115
FORMER COMPANY:
FORMER CONFORMED NAME: 500wan.com Ltd
DATE OF NAME CHANGE: 20111020
FORMER COMPANY:
FORMER CONFORMED NAME: Fine Success Ltd
DATE OF NAME CHANGE: 20110406
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Prime Capital Management Co Ltd
CENTRAL INDEX KEY: 0001448793
IRS NUMBER: 000000000
STATE OF INCORPORATION: K3
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: UNIT 2303 LOW BLOCK GRAND MILLENNIUM PLZ
STREET 2: 181 QUEEN'S ROAD CENTRAL
CITY: HONG KONG
STATE: K3
ZIP: 00000
BUSINESS PHONE: 852-3602-5100
MAIL ADDRESS:
STREET 1: UNIT 2303 LOW BLOCK GRAND MILLENNIUM PLZ
STREET 2: 181 QUEEN'S ROAD CENTRAL
CITY: HONG KONG
STATE: K3
ZIP: 00000
SC 13G
1
Sc13g.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
500.com Limited
(Name of Issuer)
American depository shares,
each representing 10 Class A ordinary shares,
par value US$0.00005 per share
(Title of Class of Securities)
33829R100
(CUSIP Number)
May 07, 2014
(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 reminder of this cover page shall be filled out for
a repoting person 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. 33829R100 13G
1.NAME OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Prime Capital Management Company (Cayman) Limited
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b) x
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5.SOLE VOTING POWER
6.SHARED VOTING POWER
5,928,400
(upon conversion of the American Depositary Shares)
7.SOLE DISPOSITIVE POWER
8.SHARED DISPOSITIVE POWER
5,928,400
(upon conversion of the American Depositary Shares)
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,928,400
(upon conversion of the American Depositary Shares)
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)
8.90%
12.TYPE OF REPORTING PERSON(see instructions)
IA
CUSIP No. 33829R100 13G
1.NAME OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Prime Capital Management Company Limited
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b) x
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Hong Kong
NUMBER OF SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5.SOLE VOTING POWER
6.SHARED VOTING POWER
5,928,400
(upon conversion of the American Depositary Shares)
7.SOLE DISPOSITIVE POWER
8.SHARED DISPOSITIVE POWER
5,928,400
(upon conversion of the American Depositary Shares)
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,928,400
(upon conversion of the American Depositary Shares)
10.CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES(see instructions)
11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.90%
12.TYPE OF REPORTING PERSON(see instructions)
IA
CUSIP No. 33829R100 13G
1.NAME OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Dragon Billion China Master Fund
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a)
(b) x
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5.SOLE VOTING POWER
6.SHARED VOTING POWER
5,559,650 (upon conversion of the American Depositary Shares)
7.SOLE DISPOSITIVE POWER
8.SHARED DISPOSITIVE POWER
5,559,650
(upon conversion of the American Depositary Shares)
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,559,650
(upon conversion of the American Depositary Shares)
10.CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES(see instructions)
11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.40%
12.TYPE OF REPORTING PERSON(see instructions)
OO
CUSIP No:33829R100 13G
1.NAME OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Yijun Liu
2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)
(b) x
3.SEC USE ONLY
4.CITIZENSHIP OR PLACE OF ORGANIZATION
Peoples Republic of China
NUMBER OF SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5.SOLE VOTING POWER
6.SHARED VOTING POWER
5,928,400
(upon conversion of the American Depositary Shares)
7.SOLE DISPOSITIVE POWER
8.SHARED DISPOSITIVE POWER
5,928,400 (upon conversion of the American Depositary Shares)
9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,928,400
(upon conversion of the American Depositary Shares)
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)
8.90%
12.TYPE OF REPORTING PERSON(see instructions)
IN, HC
CUSIP No:33829R100 13G
Item 1.
(a) Name of issuer:
500.com Limited
(b) Address of Issuers Principal Executive Offices:
500.com Building
Shenxianling Sports Center
Longgang District
Shenzhen
Peoples Republic of China
Item 2.
(a) Name of person filing:
This statement is filed on behalf of each of the following persons
(together, the Reporting Persons):
(i) Prime Capital Management Company (Cayman) Limited (Prime
Capital Cayman)
(ii) Prime Capital Management Company Limited (Prime Capital HK)
(iii) Dragon Billion China Master Fund (the Fund)
(iv) Mr. Yijun Liu (Mr. Liu)
This statement relates to Class A ordinary shares of the Issuer
held by the Fund and a managed account in the form of American
Depositary Shares. Prime Capital Cayman and Prime Capital HK are
the Investment Manager and the Investment Adviser, respectively,
for the Fund and the managed account and have been granted
discretion over the portfolio investments of the Fund and the
managed account, including the Issuers American Depositary
Shares. Prime Capital HK is registered as an investment adviser
with the SEC under the Investment Advisers Act of 1940.Mr. Liu
is the Director of Prime Capital Cayman, Prime Capital HK and
the Fund, and he is also the portfolio manager of the Fund.
(b) Address of the Principal Office of Prime Capital HK
is:
Unit 2303, Low Block
Grand Millennium Plaza
181 Queens Road Central
Hong Kong
Address of the Principal Office of Prime Capital
Cayman and the Fund is:
c/o Campbells Corporate Services Limited
Floor 4 Willow House Cricket Square
P.O. Box 268
George Town
Grand Cayman KY1-1104
Cayman Islands
(c) Citizenship:
Prime Capital HK is a Hong Kong limited company. Prime Capital
Cayman and the Fund are Cayman Islands exempted companies.
Mr. Liu is a citizen of the Peoples Republic of China.
(d) Title of Class of Securities:
American depository shares, each representing 10 Class A ordinary
shares, par value US$0.00005 per share
(e) CUSIP Number: 33829R100
CUSIP Number: 33829R100 13G
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a :
This Item 3 is 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 associations 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)Group, in accordance with 240.13d-1(b)(1)(ii)(J).
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.
The percentages used in this Item 4 are calculated based
on 66,539,000 Class A ordinary shares outstanding as of
December 31, 2013 and March 31, 2014
as reported in the Issuers Form 6-K
dated May 07,2014. Beneficial ownership
information is presented as of May 07,2014.
(a) Amount beneficially owned:
As of May 07,2014, Prime Capital HK
, Prime Capital Cayman and Mr. Liu may be deemed to be the
beneficial owner of 5,928,400 Class A ordinary shares
(upon conversion of the American Depository Shares) and the
Fund may be deemed to be the beneficial owner of 5,559,650
Class A ordinary shares (upon conversion of the American
Depository Shares)
(b) Percent of class:
(i) Prime capital HK, Prime Capital Cayman and Mr. Liu:
As of May 07, 2014: 8.90%
(ii) the Fund:
As of May 07, 2014: 8.40%
(c) Number of shares as to which the person has:
Sole power to vote or to direct the vote
As of May 07, 2014: 0
Shared power to vote or to direct the vote :
(i) Prime capital HK, Prime Capital Cayman and Mr. Liu:
As of May 07, 2014: 5,928,400
(ii) the Fund:
As of May 07, 2014: 5,559,650
Sole power to dispose or to direct the disposition of
As of May 07, 2014: 0
Shared power to dispose or to direct the disposition of
(i) Prime capital HK, Prime Capital Cayman and Mr. Liu:
As of May 07, 2014: 5,928,400
(ii) the Fund:
As of May 07, 2014: 5,559,650
Instruction:For computations regarding securities which
represent a right to acquire an underlying security
see 240.13d-3(d)(1)
CUSIP No. 33829R100 13G
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
This Item 5 is not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
This Item 6 is not applicable.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent
Holding Company.
This Item 7 is not applicable.
Item 8. Identification and Classification of Members of the
Group.
Prime Capital HK and Prime Capital Cayman are the
Investment Adviser and Investment Manager, respectively,
of the Fund. Mr. Liu is the Director of Prime Capital Cayman,
Prime Capital HK and the Fund, and he is also the portfolio
manager of the Fund.
Item 9. Notice of Dissolution of Group.
This Item 9 is not applicable.
Item 10. Certifications.
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. 33829R100 13G
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange
Act of 1934, as amended, the undersigned acknowledge and agree
that the foregoing statement on this Schedule 13G is filed on
behalf of each of the undersigned and that all subsequent
amendments to this statement on Schedule 13G shall be filed on
behalf of each of the undersigned without the necessity of
filing additional joint acquisition statements. The undersigned
acknowledge that each shall be responsible for the timely filing
of such amendments and for the completeness and accuracy of
the information concerning him or it contained herein or therein,
but shall not be responsible for the completeness and accuracy
of the information concerning the others, except to the extent
that he or it knows or has reason to believe that such
information is inaccurate.
SIGNATURES
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.
Date:May 15,2014
Yijun Liu
By: /s/__Yijun Liu__
Name: Yijun Liu
Date: May 15,2014
PRIME CAPITAL MANAGEMENT COMPANY LIMITED
By: /s/_Yijun Liu_
Name: Yijun Liu
Title: Director
Date: May 15,2014
PRIME CAPITAL MANAGEMENT COMPANY
(CAYMAN) LIMITED
By:/s/_Yijun Liu_
Name: Yijun Liu
Title: Director
CUSIP No. 33829R100 13G
Date:May 15,2014
DRAGON BILLION CHINA MASTER FUND
By: /s/__Yijun Liu_
Name: Yijun Liu
Title: Director