0001193125-16-479532.txt : 20160226 0001193125-16-479532.hdr.sgml : 20160226 20160226080034 ACCESSION NUMBER: 0001193125-16-479532 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20160226 DATE AS OF CHANGE: 20160226 GROUP MEMBERS: NAN PENG SHEN GROUP MEMBERS: SC CHINA HOLDING LTD GROUP MEMBERS: SEQUOIA CAPITAL CHINA MANAGEMENT II, L.P. GROUP MEMBERS: SEQUOIA CAPITAL CHINA PARTNERS FUND II, L.P. GROUP MEMBERS: SEQUOIA CAPITAL CHINA PRINCIPALS FUND II, L.P. GROUP MEMBERS: SNP CHINA ENTERPRISES LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Jumei International Holding Ltd CENTRAL INDEX KEY: 0001597680 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-88610 FILM NUMBER: 161457975 BUSINESS ADDRESS: STREET 1: 20TH FLOOR, TOWER B, ZHONGHUI PLAZA STREET 2: 11 DONGZHIMEN SOUTH ROAD CITY: DONGCHENG DISTRICT, BEIJING STATE: F4 ZIP: 100007 BUSINESS PHONE: 86 10 5676 6999 MAIL ADDRESS: STREET 1: 20TH FLOOR, TOWER B, ZHONGHUI PLAZA STREET 2: 11 DONGZHIMEN SOUTH ROAD CITY: DONGCHENG DISTRICT, BEIJING STATE: F4 ZIP: 100007 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sequoia Capital China II LP CENTRAL INDEX KEY: 0001402495 IRS NUMBER: 260204241 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: SUITE 3613, 36/F, TWO PACIFIC PLACE STREET 2: 88 QUEENSWAY ROAD CITY: N/A STATE: K3 ZIP: NA BUSINESS PHONE: 650-854-3927 MAIL ADDRESS: STREET 1: SUITE 3613, 36/F, TWO PACIFIC PLACE STREET 2: 88 QUEENSWAY ROAD CITY: N/A STATE: K3 ZIP: NA SC 13D 1 d124172dsc13d.htm SC 13D SC 13D

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No.    )*

 

 

JUMEI INTERNATIONAL HOLDING LIMITED

(Name of Issuer)

CLASS A ORDINARY SHARES

(Title of Class of Securities)

48138L107

(CUSIP Number)

c/o Nan Peng Shen

Suite 3613, 36/F, Two Pacific Place

88 Queensway Road, Hong Kong

(852) 2501 8989

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

with copies to:

Craig Marcus

Ropes & Gray LLP

800 Boylston Street

Boston, Massachusetts 02199

(617) 951-7802

February 17, 2016

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

 

 

* 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 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. 48138L107

   SCHEDULE 13D    Page 2 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

SEQUOIA CAPITAL CHINA II, L.P.

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

26-0204241

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

17,516,290

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

17,516,290

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

17,516,290

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

19.9% 1

14.  

Type of Reporting Person (See Instructions)

 

PN

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


CUSIP No. 48138L107

   SCHEDULE 13D    Page 3 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

SEQUOIA CAPITAL CHINA PARTNERS FUND II, L.P.

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

98-0577551

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

440,990

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

440,990

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

440,990

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

0.5%1

14.  

Type of Reporting Person (See Instructions)

 

PN

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


CUSIP No. 48138L107

   SCHEDULE 13D    Page 4 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

SEQUOIA CAPITAL CHINA PRINCIPALS FUND II, L.P.

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

33-1190312

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

CAYMAN ISLANDS

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

2,942,720

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

2,942,720

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,942,720

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

3.4%1

14.  

Type of Reporting Person (See Instructions)

 

PN

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


CUSIP No. 48138L107

   SCHEDULE 13D    Page 5 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

SEQUOIA CAPITAL CHINA MANAGEMENT II, L.P.

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

26-0204084

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

CAYMAN ISLANDS

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

20,900,000

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

20,900,000

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

20,900,000

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

23.8% 1

14.  

Type of Reporting Person (See Instructions)

 

PN

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


CUSIP No. 48138L107

   SCHEDULE 13D    Page 6 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

SC CHINA HOLDING LIMITED

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

N/A

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

CAYMAN ISLANDS

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

20,900,000

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

20,900,000

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

20,900,000

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

23.8% 1

14.  

Type of Reporting Person (See Instructions)

 

OO

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


CUSIP No. 48138L107

   SCHEDULE 13D    Page 7 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

SNP CHINA ENTERPRISES LIMITED

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

N/A

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

BRITISH VIRGIN ISLANDS

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

0

     8.   

Shared Voting Power

 

20,900,000

     9.   

Sole Dispositive Power

 

0

   10.   

Shared Dispositive Power

 

20,900,000

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

20,900,000

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

23.8% 1

14.  

Type of Reporting Person (See Instructions)

 

OO

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


CUSIP No. 48138L107

   SCHEDULE 13D    Page 8 of 13

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

NAN PENG SHEN

 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

OO

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ¨

 

  6.  

Citizenship or Place of Organization

 

HONG KONG SAR

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

139,785

     8.   

Shared Voting Power

 

20,900,000

     9.   

Sole Dispositive Power

 

139,785

   10.   

Shared Dispositive Power

 

20,900,000

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

21,039,785

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ¨

 

13.  

Percent of Class Represented by Amount in Row (11)

 

24.0% 1

14.  

Type of Reporting Person (See Instructions)

 

IN

 

1  The percentage is based upon 87,829,756 shares of the Company’s Class A Ordinary shares outstanding as of December 31, 2015.


PREAMBLE

This Statement on Schedule 13D (this “Schedule 13D”) supersedes the Statement on Schedule 13G, filed on February 10, 2015 by Sequoia Capital China II, L.P. (“SCC II”), Sequoia Capital China Partners Fund II, L.P. (“SCC PTRS II”),Sequoia Capital China Principals Fund II, L.P. (“SCC PRIN II”), Sequoia Capital China Management II, L.P. (“SCC MGMT II”), SC China Holding Limited (“SCC HOLD”), SNP China Enterprises Limited (“SNP”) and Nan Peng Shen (“NS”), as amended by Amendment No. 1 to the Statement on Schedule 13G filed on February 12, 2016, relating to Class A ordinary shares of Jumei International Holding Limited. This Schedule 13D is being filed as a result of the events described in Item 4 below.

 

ITEM 1. SECURITY AND ISSUER.

The title and class of equity securities to which this Schedule 13D relates are the Class A ordinary shares, par value US$0.00025 per share (the “Ordinary Shares”), of Jumei International Holding Limited (the “Company”). American depositary shares (the “ADSs,” and each, an “ADS”), each representing one Ordinary Share, of the Company are listed on the New York Stock Exchange under the symbol “JMEI.” The address of the principal executive offices of the Company is 20th Floor, Tower B, Zhonghui Plaza, 11 Dongzhimen South Road, Dongcheng District, Beijing 100007, People’s Republic of China.

 

ITEM 2. IDENTITY AND BACKGROUND.

(a) This Statement is being jointly filed by the following persons (each a “Reporting Person” and collectively, the “Reporting Persons”): (1) SCC II, (2) SCC PTRS II, (3) SCC PRIN II, (4) SCC MGMT II, (5) SCC HOLD, (6) SNP and (7) NS.     SCC MGMT II is the General Partner of each of SCC II, SCC PTRS II and SCC PRIN II. SCC HOLD is the General Partner of SCC MGMT II. SNP is the Director of, and wholly owns, SCC HOLD. NS is the Director of, and wholly owns, SNP. The agreement among the Reporting Persons relating to the joint filing of this Statement is attached to this Statement as Exhibit 99.1.

Based on the transactions described in Item 4 below, the Reporting Persons may be deemed to constitute a “group” for purposes of Section 13(d)(3) of the Act with the other members of the consortium. See Item 4 below.

(b) The business address of the Reporting Persons is Suite 3613, 36/F, Two Pacific Place, 88 Queensway Road, Hong Kong.

(c) The principal occupation or employment of each of SCC II, SCC PTRS II and SCC PRIN II is to acquire, hold and dispose of interests in various companies for investment purposes and to take all actions incident thereto. The principal occupation or employment of SCC MGMT II is to serve as general partner of each of SCC II, SCC PTRS II and SCC PRIN II. The principal occupation or employment of SCC HOLD is to serve as general partner of SCC MGMT II. The principal occupation or employment of SNP is to serve as the Director and parent company of SCC HOLD. The principal occupation or employment of NS is to serve as the Director and sole owner of SNP.

(d) During the last five years, no Reporting Person has been convicted in any criminal proceeding (excluding traffic violations or other minor offenses).

(e) During the last five years, no Reporting Person has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding has been or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) SCC II, SCC PTRS II, SCC PRIN II, SCC MGMT II, and SCC HOLD are each organized under the laws of the Cayman Islands. SNP is organized under the laws of the British Virgin Islands. NS is a citizen of Hong Kong SAR.

 

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

The information set forth in or incorporated by reference in Items 2, 4 and 5 of this statement is incorporated by reference in its entirety into this Item 3.


The aggregate number of Ordinary Shares beneficially owned by the Reporting Persons is 21,039,785. The source of the funds used to purchase these shares was capital contributions by the partners of such Reporting Persons and the available funds of such entities.

This Schedule 13D is being filed because, under the facts and circumstances described in Items 2, 4 and 5, the Reporting Persons, and members of the Buyer Group (as defined in Item 4) that are not Reporting Persons, may be deemed to be a group within the meaning of Section 13(d)(3) of the Act. This filing is not being made as a result of any particular acquisitions or dispositions of Ordinary Shares by the Reporting Persons.

The descriptions of the principal terms of the Proposal (as defined below) under Item 4 are incorporated herein by reference in its entirety.

 

ITEM 4. PURPOSE OF TRANSACTION.

On February 17, 2016, Leo Ou Chen, Yusen Dai, SCC II, SCC PTRS II and SCC PRIN II (collectively, the “Buyer Group”) jointly submitted a non-binding proposal (the “Proposal”) to the Company’s board of directors related to the proposed acquisition of all of the Ordinary Shares not beneficially owned by the Buyer Group for cash consideration equal to US$7.00 per ADS, or US$7.00 per Class A Ordinary Share (the “Proposed Transaction”).

The Proposed Transaction is subject to a number of conditions, including, among other things, the negotiation and execution of definitive agreements mutually acceptable in form and substance to the Company and the Buyer Group. Neither the Company nor any member of the Buyer Group is obligated to complete the Proposed Transaction, and a binding commitment with respect to the Proposed Transaction will result only from the execution of definitive documents, and then will be on the terms provided in such documentation.

If the Proposed Transaction is completed, the Company’s ADSs would become eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Act and would be delisted from the New York Stock Exchange.

References to the Proposal in this Schedule 13D are qualified in their entirety by reference to the Proposal, a copy of which is attached hereto as Exhibit 99.2, and incorporated herein by reference in its entirety.

Except as indicated above, the Reporting Persons have no plans or proposals which relate to or would result in any of the actions specified in paragraphs (a) through (j) of Item 4 of Schedule 13D.

 

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

The information set forth and/or incorporated by reference in Items 2, 3 and 4 is hereby incorporated by reference into this Item 5.

(a) The aggregate number of Ordinary Shares and the percentage of total outstanding Ordinary Shares beneficially owned by the Reporting Persons is set forth below. References to percentage ownerships of Ordinary Shares are based upon 87,829,756 Ordinary Shares outstanding as of December 31, 2015, which information was provided to the Reporting Persons by the Issuer. Pursuant to Rule 13d-3 of the Act, the Reporting Persons may be deemed to beneficially own 21,039,785 Ordinary Shares of the Company, representing approximately 24.0% of the outstanding Ordinary Shares of the Company. The filing of this Statement shall not be construed as an admission that a Reporting Person beneficially owns those shares held by any other Reporting Person.

SCC II beneficially owns 17,516,290 Ordinary Shares, which represents approximately 19.9% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

SCC PTRS II beneficially owns 440,990 Ordinary Shares, which represents approximately 0.5% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.


SCC PRIN II beneficially owns an aggregate of 2,942,720 Ordinary Shares, which represents approximately 3.4% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

SCC MGMT II, as general partner of SCC II, SCC PTRS II and SCC PRIN II, may be deemed to beneficially own an aggregate of 20,900,000 Ordinary Shares, which represents approximately 23.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

SCC HOLD, as general partner of SCC MGMT II, may be deemed to beneficially own an aggregate of 20,900,000 Ordinary Shares, which represents approximately 23.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

SNP, as general partner of SCC HOLD, may be deemed to beneficially own an aggregate of 20,900,000 Ordinary Shares, which represents approximately 23.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

NS , who wholly owns and is the sole director of SNP, may be deemed to beneficially own an aggregate of 21,039,785 Ordinary Shares, which represents approximately 24.0% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.

The Reporting Persons may be deemed to be a “group” with Mr. Chen, Super ROI Global Holding Limited (“Super ROI”), Mr. Dai and Pinnacle High-Tech Limited (“Pinnacle”) for purposes of Section 13(d) of the Act as a result of the submission of the Proposal Letter (as defined in Item 4). However, each of the Reporting Persons expressly disclaims beneficial ownership for all purposes of the Ordinary Shares and ADSs held by Mr. Chen, Super ROI, Mr. Dai and Pinnacle. The Reporting Persons are only responsible for the information contained in this Schedule 13D and assume no responsibility for information contained in any other Schedules 13D filed by Mr. Chen, Super ROI, Mr. Dai or Pinnacle. In addition, the filing of this Schedule 13D shall not be construed as an admission that the Reporting Persons themselves are a group, or have agreed to act as a group. Each Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent such Reporting Person actually exercises voting or dispositive power with respect to such securities.

(b) The number of Ordinary Shares as to which each of the Reporting Persons has sole or shared power to vote, direct the vote, dispose or direct the disposition are as set forth in rows seven through ten of the cover pages hereof. The information set forth in Item 2 is hereby incorporated by reference into this Item 5(b).

(c) To the best knowledge of each of the Reporting Persons, none of the Reporting Persons has effected any transactions relating to the Ordinary Shares during the past 60 days.

(d) To the best knowledge of the Reporting Persons, no person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities beneficially owned by the Reporting Persons identified in this Item 5.

(e) Not applicable.

 

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

The information set forth and/or incorporated by reference in Items 2, 3, 4 and 5 is hereby incorporated by reference into this Item 6.


To the best knowledge of the Reporting Persons, except as set forth herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise), including, but not limited to, transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, between the persons enumerated in Item 2, and any other person, with respect to any securities of the Company, including any securities pledged or otherwise subject to a contingency the occurrence of which would give another person voting power or investment power over such securities other than standard default and similar provisions contained in loan agreements.

 

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

 

Exhibit

  

Description

99.1    Joint Filing Agreement dated as of February 26, 2016, by and among SCC II, SCC PTRS II, SCC PRIN II, SCC MGMT II, SCC HOLD, SNP and NS.
99.2    Proposal Letter dated February 17, 2016 from the Buyer Group (as defined therein) to the board of directors of the Company.


SIGNATURES

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

Dated: February 26, 2016

 

Sequoia Capital China II, L.P.

Sequoia Capital China Partners Fund II, L.P.

Sequoia Capital China Principals Fund II, L.P.

  By:     Sequoia Capital China Management II, L.P.
  General Partner of each
  By:   SC China Holding Limited
  its General Partner
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen
Sequoia Capital China Management II, L.P.
  By:   SC China Holding Limited
  its General Partner
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen
SC China Holding Limited
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen
SNP China Enterprises Limited
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen, Owner and Director

/s/ Nan Peng Shen

Nan Peng Shen
EX-99.1 2 d124172dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

JOINT FILING AGREEMENT

The undersigned hereby agree to the joint filing on behalf of each of them of the Statement on Schedule 13D with respect to the shares of Class A Ordinary Shares of Jumei International Holding Limited, and any further amendments to such statement on Schedule 13D executed by each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that no party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument.

IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement on February 26, 2016.

 

Sequoia Capital China II, L.P.

Sequoia Capital China Partners Fund II, L.P.

Sequoia Capital China Principals Fund II, L.P.

  By:     Sequoia Capital China Management II, L.P.
  General Partner of each
  By:   SC China Holding Limited
  its General Partner
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen
Sequoia Capital China Management II, L.P.
  By:   SC China Holding Limited
  its General Partner
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen
SC China Holding Limited
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen
SNP China Enterprises Limited
  By:  

/s/ Nan Peng Shen

  Nan Peng Shen, Owner and Director

/s/ Nan Peng Shen

Nan Peng Shen
EX-99.2 3 d124172dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

February 17, 2016

The Board of Directors

Jumei International Holding Limited (the “Company”), 20F, Tower B, Central Point Plaza,

No.11 Dongzhimen South Avenue, Dongcheng District, 100007 Beijing PRC

Dear Sirs:

Mr. Leo Ou Chen, Founder, Chairman of the Board of Directors and CEO of the Company, Mr. Yusen Dai, Co-founder, Director and Vice President of Products of the Company, and Sequoia Capital China II L.P., Sequoia Capital China Partners Fund II, L.P. and Sequoia Capital China Principals Fund II, L.P. (collectively referred to as the “Sequoia funds” and together with Mr. Chen and Mr. Dai, the “Buyer Group”), are pleased to submit this preliminary non-binding proposal to acquire all outstanding ordinary shares (the “Shares”) of the Company not owned by the Buyer Group in a going-private transaction (the “Acquisition”). Our proposed purchase price is US$ 7.0 per American depositary share of the Company (“ADS”, each representing one Share) in cash. The Buyer Group and their affiliates beneficially own approximately 54.4% of all the issued and outstanding Shares of the Company, which represent approximately 90.1% of the aggregate voting power of the Company.

We believe that our proposed price provides an attractive opportunity to the Company’s shareholders. This price represents a premium of 26.6 % above the average closing price of the Company’s ADSs over the last 10 trading days.

The terms and conditions upon which we are prepared to pursue the Acquisition are set forth below. We are confident in our ability to consummate an Acquisition as outlined in this letter.

 

  1. Buyer Group. Members of the Buyer Group intend to enter into a consortium agreement, pursuant to which members of the Buyer Group will agree to, among other things, cooperate in connection with implementing the Acquisition, and work with each other on an exclusive basis in pursuing the Acquisition.

 

  2. Purchase Price. Our proposed consideration payable for the Shares acquired in the Acquisition is US$ 7.0 per ADS, or US$7.0 per Share (the “Offer Price”), in cash.

 

  3. Financing. We intend to finance the Acquisition with a combination of debt and/or equity capital. Equity financing will be provided by the Buyer Group in the form of cash and rollover equity in the Company. Debt financing is expected to be provided by third-party loans, if required. We are confident that we can timely secure adequate financing to consummate the Acquisition.


  4. Due Diligence. Parties providing financing will require a timely opportunity to conduct customary due diligence on the Company. We would like to ask the board of directors of the Company (the “Board”) to accommodate such due diligence request and approve the provision of confidential information relating to the Company and its business to possible sources of equity and debt financing subject to a customary form of confidentiality agreement.

 

  5. Definitive Agreements. We are prepared to negotiate and finalize definitive agreements (the “Definitive Agreements”) expeditiously. This proposal is subject to execution of the Definitive Agreements. These documents will include provisions typical for transactions of this type.

 

  6. Confidentiality. The Buyer Group will, as required by law, promptly file a Schedule 13D to disclose this proposal. We are sure you will agree with us that it is in all of our interests to ensure that our discussions relating to the Acquisition proceed in a confidential manner, unless otherwise required by law, until we have executed the Definitive Agreements or terminated our discussions.

 

  7. Process. We believe that the Acquisition will provide value to the Company’s shareholders. We recognize of course that the Board will evaluate the proposed Acquisition independently before it can make its determination whether to endorse it. In considering the proposed Acquisition, you should be aware that we are interested only in acquiring the outstanding Shares that the Buyer Group does not already own, and that the Buyer Group does not intend to sell their stake in the Company to a third party.

 

  8. No Binding Commitment. This letter constitutes only a preliminary indication of our interest, and does not constitute any binding offer, agreement or commitment with respect to an Acquisition. Such a commitment will result only from the execution of Definitive Agreements, and then will be on the terms provided in such documentation.

* * * * *

In closing, each of us would like to express our commitment to working together to bring this Acquisition to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact any of us. We look forward to speaking with you.


Leo Ou Chen  

/s/ Leo Ou Chen

Leo Ou Chen  
Yusen Dai  

/s/ Yusen Dai

Yusen Dai  
Sequoia Capital China II, L.P.
Sequoia Capital China Partners Fund II, L.P.
Sequoia Capital China Principals Fund II, L.P.

By: Sequoia Capital China Management II, L.P.

    A Cayman Islands exempted limited partnership

    General Partner of Each

By: SC China Holding Limited

    A Cayman Islands limited liability company

    Its General Partner

SIGNED by     /s/ Wendy Kok            
Name: Wendy Kok  
Authorized Signatory