0001144204-16-078626.txt : 20160203 0001144204-16-078626.hdr.sgml : 20160203 20160203060720 ACCESSION NUMBER: 0001144204-16-078626 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160203 DATE AS OF CHANGE: 20160203 GROUP MEMBERS: CDH VENTURE GP II CO LTD GROUP MEMBERS: CDH VENTURE PARTNERS II, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: eHi Car Services Ltd CENTRAL INDEX KEY: 0001517492 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88413 FILM NUMBER: 161383076 BUSINESS ADDRESS: STREET 1: UNIT 12/F, BUILDING NO.5 GUOSHENG CENTER STREET 2: 388 DADUHE ROAD CITY: Shanghai STATE: F4 ZIP: 200062 BUSINESS PHONE: (8621)-64687000 MAIL ADDRESS: STREET 1: UNIT 12/F, BUILDING NO.5 GUOSHENG CENTER STREET 2: 388 DADUHE ROAD CITY: Shanghai STATE: F4 ZIP: 200062 FORMER COMPANY: FORMER CONFORMED NAME: eHi Auto Services Ltd DATE OF NAME CHANGE: 20110406 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CDH Car Rental Service Ltd CENTRAL INDEX KEY: 0001633205 IRS NUMBER: 980632862 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE TEMASEK AVENUE STREET 2: #18-02, MILLENIA TOWER CITY: SINGAPORE STATE: U0 ZIP: 039192 BUSINESS PHONE: 6565728768 MAIL ADDRESS: STREET 1: ONE TEMASEK AVENUE STREET 2: #18-02, MILLENIA TOWER CITY: SINGAPORE STATE: U0 ZIP: 039192 SC 13G/A 1 v430475_sc13ga.htm SC 13G/A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

Under the Securities Exchange Act of 1934

 

eHi Car Services Limited
 
(Name of Issuer)

 

Class A common shares, par value $0.001 per share

 
(Title of Class of Securities)

 

26853A100(1)

 
(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)

 

xRule 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).

 

(1) This CUSIP number applies to the Issuer’s American Depositary Shares, each representing two Class A common shares of the Issuer.

 

 

 

 

CUSIP NO.: 26853A100

 

(1) NAME OF REPORTING PERSONS
  CDH Car Rental Service Limited (“CDH Car”)
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
  (b) ¨
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
  British Virgin Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH		 (5) SOLE VOTING POWER    
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares (See Item 4)
(6) SHARED VOTING POWER      
  0
(7) SOLE DISPOSITIVE POWER    
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares (See Item 4)
(8) SHARED DISPOSITIVE POWER    
  0
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ¨ 
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  7.1%2
(12) TYPE OF REPORTING PERSON
  CO
             

1 Includes 1,200,000 Class A common shares of the Issuer (“Class A Shares”) held in the form of 600,000 American Depositary Shares (“ADSs”), one of which represents two Class A Shares.

2 As a percentage of 138,794,713 common shares of the Issuer, comprised of 65,784,925 Class A Shares and 73,009,788 Class B common shares of the Issuer (“Class B Shares”) issued and outstanding as of December 31, 2015. Each Class B Share is convertible into one Class A Share at any time but the Class A Shares are not convertible into Class B Shares under any circumstances. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes. The voting power of the common shares beneficially owned by the reporting person represents 11.0% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

 

 

 

CUSIP NO.: 26853A100

 

(1) NAME OF REPORTING PERSONS
  CDH Venture Partners II, L.P. (“CDH Venture”)
(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		 (5) SOLE VOTING POWER    
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares (See Item 4)
(6) SHARED VOTING POWER      
  0
(7) SOLE DISPOSITIVE POWER    
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares (See Item 4)
(8) SHARED DISPOSITIVE POWER    
  0
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES    
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  7.1%1
(12) TYPE OF REPORTING PERSON
  PN
             

1 Includes 1,200,000 Class A Shares held in the form of 600,000 ADSs, one of which represents two Class A Shares.

2 As a percentage of 138,794,713 common shares of the Issuer, comprised of 65,784,925 Class A Shares and 73,009,788 Class B Shares issued and outstanding as of December 31, 2015. Each Class B Share is convertible into one Class A Share at any time but the Class A Shares are not convertible into Class B Shares under any circumstances. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes. The voting power of the common shares beneficially owned by the reporting person represents 11.0% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

 

 

 

CUSIP NO.: 26853A100

 

(1) NAME OF REPORTING PERSONS
  CDH Venture GP II Company Limited (“CDH GP”)
(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		 (5) SOLE VOTING POWER    
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares (See Item 4)
(6) SHARED VOTING POWER      
  0
(7) SOLE DISPOSITIVE POWER    
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares (See Item 4)
(8) SHARED DISPOSITIVE POWER    
  0
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  1,300,000 Class A Shares1 and 8,599,211 Class B Shares
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ¨ 
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9)
  7.1%1
(12) TYPE OF REPORTING PERSON
  CO
             

1 Includes 1,200,000 Class A Shares held in the form of 600,000 ADSs, one of which represents two Class A Shares.

2 As a percentage of 138,794,713 common shares of the Issuer, comprised of 65,784,925 Class A Shares and 73,009,788 Class B Shares issued and outstanding as of December 31, 2015. Each Class B Share is convertible into one Class A Share at any time but the Class A Shares are not convertible into Class B Shares under any circumstances. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes. The voting power of the common shares beneficially owned by the reporting person represents 11.0% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

 

 

 

CUSIP NO.: 26853A100

 

Item 1(a).Name of Issuer:

 

eHi Car Services Limited (the “Issuer”)

 

Item 1(b).Address of Issuer's Principal Executive Offices:

 

Unit 12/F, Building No. 5, Guosheng Center

388 Daduhe Road

Shanghai 200062

People’s Republic of China

 

Item 2(a).Name of Person Filing:

 

This Schedule 13G is filed by and on behalf of:

 

(a) CDH Car Rental Service Limited;

(b) CDH Venture Partners II, L.P.; and

(c) CDH Venture GP II Company Limited.

 

Item 2(b).Address of Principal Business Office or, if None, Residence:

 

For CDH Car:

 

Kingston Chambers

P.O. Box 173, Road Town, Tortola

British Virgin Islands

 

For CDH Venture:

 

Ugland House, P.O. Box 309GT

George Town, Grand Cayman

Grand Cayman, KY1-1104

Cayman Islands

 

For CDH GP:

 

Ugland House, P.O. Box 309GT

George Town, Grand Cayman

Grand Cayman, KY1-1104

Cayman Islands

 

Item 2(c).Citizenship:

 

CDH Car is a British Virgin Islands company.

 

CDH Venture is a Cayman Islands limited liability partnership.

 

CDH GP is a Cayman Islands company.

 

Item 2(d).Title of Class of Securities:

 

Class A common shares of the Issuer, par value US$0.001 per share.

 

The Issuer’s common shares consist of Class A Shares and Class B Shares. Holders of Class A Shares and Class B Shares have the same rights except for voting and conversion rights. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes and is convertible into one Class A Share at any time. Class A common shares are not convertible into Class B Shares under any circumstances.

 

 

 

 

CUSIP NO.: 26853A100

 

Item 2(e).CUSIP Number:

 

26853A100 (ADSs of the Issuer)

 

Item 3.Statement Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c):

 

Not applicable

 

Item 4.Ownership:

 

The following table sets forth the beneficial ownership of the common shares of the Issuer by each of the reporting persons as of December 31, 2015:

 

   Number of shares as to which such person has: 
Reporting Person  Amount Beneficially Owned   Percent of Class(1)   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 
CDH Car   9,899,211(2)   7.1%(3)   9,899,211    0    9,899,211    0 
CDH Venture   9,899,211(2)   7.1%(3)   9,899,211    0    9,899,211    0 
CDH GP   9,899,211(2)   7.1%(3)   9,899,211    0    9,899,211    0 

 

(1) As a percentage of 138,794,713 common shares of the Issuer issued and outstanding as of December 31, 2015, comprised of 65,784,925 Class A Shares and 73,009,788 Class B Shares.

 

(2) Represents (i) 1,300,000 Class A Shares, including 1,200,000 Class A Shares held in the form of 600,000 ADSs, one of which represents two Class A Shares, and (ii) 8,599,211 Class B Shares. CDH Car is 100% owned by CDH Venture, whose general partner is CDH GP. CDH Venture and CDH GP may also be deemed to have the sole voting power and sole dispositive power with respect to the common shares of the Issuer held by CDH Car. The voting and investment power of the Issuer’s common shares held by CDH Car is exercised by the investment committee of CDH GP, which consists of Yan Huang, William Hsu, Shuge Jiao and Shangzhi Wu. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, each of Yan Huang, William Hsu, Shuge Jiao and Shangzhi Wu may be deemed to share beneficial ownership of the common shares of the Issuer directly held by CDH Car. Each of Yan Huang, William Hsu, Shuge Jiao and Shangzhi Wu disclaims the beneficial ownership of any of the common shares of the Issuer directly held by CDH Car, except to the extent of their pecuniary interests therein.

 

(3) The voting power of the common shares beneficially owned by the reporting person represents 11.0% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

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:

 

Not applicable

 

 

Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

 

Not applicable

 

Item 8.Identification and Classification of Members of the Group:

 

The members of this group are set forth as reporting persons on Schedule 13G.

 

 

 

 

CUSIP NO.: 26853A100

 

Item 9.Notice of Dissolution of Group:

 

Not applicable

 

Item 10.Certifications:

 

Not applicable

 

 

 

 

SIGNATURE

 

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

 

Dated: February 3, 2016

 

  CDH Car Rental Service Limited
     
     
  By:   /s/ Willian Hsu
    Name: William Hsu
    Title: Director
     
     
  CDH Venture Partners II, L.P.
   
     
  By: CDH Venture GP II Company Limited,
  its general partner
     
  By: /s/ Willian Hsu
    Name: William Hsu
    Title: Director
     
     
  CDH Venture GP II Company Limited
     
     
  By: /s/ Willian Hsu
    Name: William Hsu
    Title: Director


[Signature Page to Schedule 13G]

 

 

 

 

LIST OF EXHIBITS

 

Exhibit No. Description
   
A Joint Filing Agreement

  

 

 

 

Exhibit A

 

Joint Filing Agreement

 

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A common shares, par value $0.001 per share, of eHi Car Services Limited, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

[Remainder of this page has been left intentionally blank.]

 

 

 

 

SIGNATURE

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 3, 2016.

 

  CDH Car Rental Service Limited
     
     
  By:   /s/ Willian Hsu
    Name: William Hsu
    Title: Director
     
     
  CDH Venture Partners II, L.P.
   
     
  By: CDH Venture GP II Company Limited,
  its general partner
     
  By: /s/ Willian Hsu
    Name: William Hsu
    Title: Director
     
     
  CDH Venture GP II Company Limited
     
     
  By: /s/ Willian Hsu
    Name: William Hsu
    Title: Director

  

[Signature Page to Joint Filing Agreement to Schedule 13G]