Sky Solar Holdings, Ltd.
|
(Name of Issuer)
|
Ordinary Shares, par value US$0.0001 per share
|
(Title of Class of Securities)
|
83084J988(1)
|
(CUSIP Number)
|
May 26, 2020
|
(Date of Event which Requires Filing of this Statement)
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 2 of 12 Pages
|
||||||||
|
|
|
||||||||||
1.
|
|
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Japan NK Investment K.K. |
|
|
||||||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
||||||||
3.
|
|
SEC USE ONLY
|
|
|
||||||||
4.
|
|
SOURCE OF FUNDS (see instructions)
OO |
|
|
||||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
152,107,950 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
152,107,950 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,107,950 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.3% |
|
|
||||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
CO |
|
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 3 of 12 Pages
|
||||||||
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|
|
||||||||||
1.
|
|
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PNF Investment Co., Ltd. |
|
|
||||||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
||||||||
3.
|
|
SEC USE ONLY
|
|
|
||||||||
4.
|
|
SOURCE OF FUNDS (see instructions)
OO |
|
|
||||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
152,107,950 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
152,107,950 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,107,950 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.3% |
|
|
||||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
CO |
|
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 4 of 12 Pages
|
||||||||
|
|
|
||||||||||
1.
|
|
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rui Chen |
|
|
||||||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
||||||||
3.
|
|
SEC USE ONLY
|
|
|
||||||||
4.
|
|
SOURCE OF FUNDS (see instructions)
OO |
|
|
||||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
People’s Republic of China |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
152,107,950 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
152,107,950 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,107,950 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.3% |
|
|
||||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
IN |
|
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 5 of 12 Pages
|
||||||||
|
|
|
||||||||||
1.
|
|
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Renewable Japan Co., Ltd. |
|
|
||||||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
||||||||
3.
|
|
SEC USE ONLY
|
|
|
||||||||
4.
|
|
SOURCE OF FUNDS (see instructions)
OO |
|
|
||||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
152,107,950 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
152,107,950 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,107,950 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.3% |
|
|
||||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
CO |
|
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 6 of 12 Pages
|
|||||||
|
|
|
|||||||||
1.
|
|
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
H&T Corporation |
|
|
|||||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
|||||||
3.
|
|
SEC USE ONLY
|
|
|
|||||||
4.
|
|
SOURCE OF FUNDS (see instructions)
OO |
|
|
|||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
|||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
|||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
|||||||
|
8.
|
|
SHARED VOTING POWER
152,107,950 |
||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
152,107,950 |
||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,107,950 |
|
|
|||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
|||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.3% |
|
|
|||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
CO |
|
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 7 of 12 Pages
|
||||||||
|
|
|
||||||||||
1.
|
|
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Katsuhito Manabe |
|
|
||||||||
2.
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
||||||||
3.
|
|
SEC USE ONLY
|
|
|
||||||||
4.
|
|
SOURCE OF FUNDS (see instructions)
OO |
|
|
||||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
152,107,950 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
152,107,950 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
152,107,950 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.3% |
|
|
||||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
IN |
|
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 8 of 12 Pages
|
|
|
|
||
|
|
Shares
Beneficially Owned |
|
Percentage of
Total* |
|
Sole Voting
Power |
|
Shared
Voting Power |
|
Sole
Dispositive Power |
|
Shared
Dispositive Power |
|
Japan NK Investment K.K.
|
|
152,107,950
|
|
36.3
|
%
|
0
|
|
152,107,950
|
|
0
|
|
152,107,950
|
PNF Investment Co., Ltd.
|
|
152,107,950
|
|
36.3
|
%
|
0
|
|
152,107,950
|
|
0
|
|
152,107,950
|
Rui Chen
|
|
152,107,950
|
|
36.3
|
%
|
0
|
|
152,107,950
|
|
0
|
|
152,107,950
|
Renewable Japan Co., Ltd.
|
152,107,950
|
|
36.3
|
%
|
0
|
|
152,107,950
|
|
0
|
|
152,107,950
|
|
H&T Corporation
|
152,107,950
|
|
36.3
|
%
|
0
|
|
152,107,950
|
|
0
|
|
152,107,950
|
|
Katsuhito Manabe
|
152,107,950
|
|
36.3
|
%
|
0
|
|
152,107,950
|
|
0
|
|
152,107,950
|
|
Shares
Beneficially Owned |
|
Percentage of
Total* |
|
Sole Voting
Power |
|
Shared
Voting Power |
|
Sole
Dispositive Power |
|
Shared
Dispositive Power |
|
IDG-Accel China Capital L.P.(1)
|
|
101,949,906
|
|
24.3
|
%
|
97,453,914
|
|
4,495,992
|
|
97,453,914
|
|
4,495,992
|
IDG-Accel China Capital Associates L.P.(2)
|
|
101,949,906
|
|
24.3
|
%
|
97,453,914
|
|
4,495,992
|
|
97,453,914
|
|
4,495,992
|
IDG-Accel China Capital Investors L.P.(3)
|
|
101,949,906
|
|
24.3
|
%
|
4,495,992
|
|
97,453,914
|
|
4,495,992
|
|
97,453,914
|
IDG-Accel China Capital GP Associates Ltd.(4)
|
|
101,949,906
|
|
24.3
|
%
|
101,949,906
|
|
0
|
|
101,949,906
|
|
0
|
Quan Zhou(5)
|
|
101,949,906
|
|
24.3
|
%
|
0
|
|
101,949,906
|
|
0
|
|
101,949,906
|
Chi Sing Ho(5)
|
|
101,949,906
|
|
24.3
|
%
|
0
|
|
101,949,906
|
|
0
|
|
101,949,906
|
Jolmo Solar Capital Ltd.
|
5,400,000
|
1.3
|
%
|
5,400,000
|
0
|
5,400,000
|
0
|
|||||
CES Holding Ltd.
|
8,000,000
|
1.9
|
%
|
8,000,000
|
0
|
8,000,000
|
0
|
|||||
Jing Kang
|
3,800,000
|
0.9
|
%
|
3,800,000
|
0
|
3,800,000
|
0
|
|||||
Bin Shi
|
14,759,480
|
3.5
|
%
|
14,759,480
|
0
|
14,759,480
|
0
|
|||||
Sino-Century HX Investments Limited
|
4,940,910
|
1.2
|
%
|
4,940,910
|
0
|
4,940,910
|
0
|
|||||
Kai Ding
|
10,709,320
|
2.6
|
%
|
10,709,320
|
0
|
10,709,320
|
0
|
(1)
|
Includes (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P. and (ii) 4,495,992 Ordinary
Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. IDG-Accel China Capital L.P. and IDG-Accel China Capital Investors L.P. have the same ultimate general partner,
IDG-Accel China Capital GP Associates Ltd. By virtue of such relationship, IDG-Accel China Capital L.P. may be deemed the beneficial owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital Investors L.P.
|
(2)
|
Includes (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P. and (ii) 4,495,992 Ordinary
Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. IDG-Accel China Capital Associates L.P. is the general partner of IDG-Accel China Capital L.P. IDG-Accel China
Capital GP Associates Ltd. is the general partner of both IDG-Accel China Capital Associates L.P. and IDG-Accel China Capital Investors L.P. By virtue of such relationship, IDG-Accel China Capital Associates L.P. may be deemed the beneficial
owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital L.P. and IDG-Accel China Capital Investors L.P.
|
|
|
(3)
|
Includes (i) 4,495,992 Ordinary Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. and (ii) 97,453,914
Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P. IDG-Accel China. Capital L.P. and IDG-Accel China Capital Investors L.P. have the same ultimate general
partner, IDG-Accel China Capital GP Associates Ltd. By virtue of such relationship, IDG-Accel China Capital Investors L.P. may be deemed the beneficial owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital L.P.
|
(4)
|
Includes (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P. and (ii) 4,495,992 Ordinary
Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. IDG-Accel China Capital Associates L.P. is the general partner of IDG-Accel China Capital L.P. IDG-Accel China
Capital GP Associates Ltd. is the general partner of both IDG-Accel China Capital Associates L.P. and IDG-Accel China Capital Investors L.P. By virtue of such relationship, IDG-Accel China Capital GP Associates Ltd. may be deemed the
beneficial owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital L.P. and IDG-Accel China Capital Investors L.P.
|
|
|
(5)
|
Includes 101,949,906 Ordinary Shares indirectly held by IDG-Accel China Capital GP Associates Ltd., consisting of (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares
as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P. and (ii) 4,495,992 Ordinary Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. Quan
Zhou and Chi Sing Ho are directors of IDG-Accel China Capital GP Associates Ltd. By virtue of such relationship, Quan Zhou and Chi Sing Ho may be deemed the beneficial owner of the number of Ordinary Shares beneficially owned by IDG-Accel
China Capital GP Associates Ltd.
|
Exhibit No.
|
|
Description
|
|
|
|
99.6
|
|
Proposal Letter dated May 25, 2020 from JNKI, IDG Accel China Capital L.P., IDG-Accel China Capital Investors L.P., Jolmo Solar Capital Ltd.,
CES Holding Ltd., Jing Kang, Bin Shi, Sino-Century HX Investments Limited and Kai Ding, to the board of directors of the Company.
|
99.7
|
Consortium Agreement, dated May 25, 2020, by and among JNKI, IDG Accel China Capital L.P., IDG-Accel China Capital Investors L.P., Jolmo Solar Capital Ltd., CES Holding Ltd., Jing
Kang, Bin Shi, Sino-Century HX Investments Limited and Kai Ding.
|
JAPAN NK INVESTMENT K.K.
|
|||
By:
|
/s/ Mitsutoshi Nishiyama
|
||
Name:
|
Mitsutoshi Nishiyama
|
||
Title:
|
Representative Director
|
||
PNF INVESTMENT CO., LTD.
|
|||
By:
|
/s/ Rui Chen
|
||
Name:
|
Rui Chen
|
||
Title:
|
Representative Director
|
||
RUI CHEN
|
|||
By:
|
/s/ Rui Chen
|
||
RENEWABLE JAPAN CO., LTD.
|
|||
By:
|
/s/ Katsuhito Manabe
|
||
Name:
|
Katsuhito Manabe
|
||
Title:
|
Representative Director
|
||
H&T CORPORATION
|
|||
By:
|
/s/ Katsuhito Manabe
|
||
Name:
|
Katsuhito Manabe
|
||
Title:
|
Representative Director
|
||
KATSUHITO MANABE
|
|||
By:
|
/s/ Katsuhito Manabe
|
Sincerely,
|
||
JAPAN NK INVESTMENT K.K.
|
||
/s/ Mitsutoshi Nishiyama
|
||
Name:
|
Mitsutoshi Nishiyama
|
|
Title:
|
Representative Director
|
IDG ACCEL CHINA CAPITAL L.P.
|
||
/s/ Chi Sing Ho
|
||
Name:
|
Chi Sing Ho
|
|
Title:
|
Authorized Signatory
|
IDG-ACCEL CHINA CAPITAL INVESTORS L.P.
|
||
/s/ Chi Sing Ho
|
||
Name:
|
Chi Sing Ho
|
|
Title:
|
Authorized Signatory
|
JOLMO SOLAR CAPITAL LTD.
|
||
/s/ Duan Xiaoguang
|
||
Name:
|
Duan Xiaoguang
|
|
Title:
|
Authorized Person
|
CES HOLDING LTD.
|
||
/s/ Duan Xiaoguang
|
||
Name:
|
Duan Xiaoguang
|
|
Title:
|
Director
|
JING KANG
|
|
/s/ Jing Kang
|
BIN SHI
|
|
/s/ Bin Shi
|
SINO-CENTURY HX INVESTMENTS LIMITED
|
||
/s/ Hao Wu
|
||
Name:
|
Hao Wu
|
|
Title:
|
Authorized Person
|
KAI DING
|
|
/s/ Kai Ding
|
JAPAN NK INVESTMENT K.K.
|
||
By:
|
/s/ Mitsutoshi Nishiyama
|
|
Name:
|
Mitsutoshi Nishiyama
|
|
Title:
|
Representative Director
|
IDG-ACCEL CHINA CAPITAL L.P.
|
||
By:
|
/s/ Chi Sing Ho
|
|
Name:
|
Chi Sing Ho
|
|
Title:
|
Authorized Signatory
|
IDG-ACCEL CHINA CAPITAL INVESTORS L.P.
|
||
By:
|
/s/ Chi Sing Ho
|
|
Name:
|
Chi Sing Ho
|
|
Title:
|
Authorized Signatory
|
JOLMO SOLAR CAPITAL LTD.
|
||
By:
|
/s/ Duan Xiaoguang
|
|
Name:
|
Duan Xiaoguang
|
|
Title:
|
Authorized Person
|
CES HOLDING LTD.
|
||
By:
|
/s/ Duan Xiaoguang
|
|
Name:
|
Duan Xiaoguang
|
|
Title:
|
Director
|
JING KANG
|
||
/s/ Jing Kang
|
BIN SHI
|
||
/s/ Bin Shi
|
SINO-CENTURY HX INVESTMENTS LIMITED
|
||
By:
|
/s/ Hao Wu
|
|
Name:
|
Hao Wu
|
|
Title:
|
Authorized Signatory
|
KAI DING
|
||
/s/ Kai Ding
|
Target Ordinary Shares
|
Other Securities
|
||
Ordinary Shares
|
ADSs
|
||
Parties and Investment Vehicles Affiliated with the Parties
|
|||
Japan NK Investment K.K.
|
45,019,850
|
5,354,405
|
|
IDG-Accel China Capital L.P.
|
78,335,914
|
955,900
|
|
IDG-Accel China Capital Investors L.P.
|
3,613,992
|
44,100
|
|
Jolmo Solar Capital Ltd.
|
5,400,000
|
--
|
--
|
CES Holding Ltd.
|
8,000,000
|
--
|
--
|
Jing Kang
|
3,800,000
|
--
|
--
|
Bin Shi
|
--
|
737,974
|
--
|
Sino-Century HX Investments Limited
|
4,940,910
|
--
|
--
|
Kai Ding1
|
1,000,000
|
455,466
|
1. |
Defined Terms And Construction
|
(a) |
Capitalized terms used but not defined herein shall have the meaning set forth in the Consortium Agreement.
|
(b) |
This Agreement shall be incorporated into the Consortium Agreement as if expressly incorporated into the Consortium Agreement.
|
2. |
Undertakings
|
(a) |
Assumption of obligations
|
3. |
Representations And Warranties
|
(a) |
The New Member represents and warrants to each of the other Parties as follows:
|
(1) |
Status
|
(2) |
Due Authorization
|
(3) |
Legal, Valid and Binding Obligation
|
(4) |
Ownership
|
(5) |
Reliance
|
4. |
Notice
|
5. |
Governing Law
|
6. |
Dispute Resolution.
|
(a) |
Any disputes, actions and proceedings against any Party or arising out of or in any way relating to this Agreement shall be submitted to the Hong Kong
International Arbitration Centre (“HKIAC”) and resolved in accordance with the Arbitration Rules of HKIAC in force at the relevant time and as may be
amended by this Section 6.1. The place of arbitration shall be Hong Kong. The official language of the arbitration shall be English and the tribunal shall consist of three arbitrators (each, an “Arbitrator”). The claimant(s), irrespective of number, shall nominate jointly one Arbitrator; the respondent(s), irrespective of number, shall nominate jointly one Arbitrator; and a
third Arbitrator will be nominated jointly by the first two Arbitrators and shall serve as chairman of the tribunal. In the event the claimant(s) or respondent(s) or the first two Arbitrators shall fail to nominate or agree the joint
nomination of an Arbitrator or the third Arbitrator within the time limits specified by the Rules, such Arbitrator shall be appointed promptly by the HKIAC. The tribunal shall have no authority to award punitive or other punitive-type
damages. The award of the arbitration tribunal shall be final and binding upon the disputing parties. Any party to an award may apply to any court of competent jurisdiction for enforcement of such award and, for purposes of the
enforcement of such award, the Parties irrevocably and unconditionally submit to the jurisdiction of any court of competent jurisdiction and waive any defenses to such enforcement based on lack of personal jurisdiction or inconvenient
forum.
|
(b) |
Notwithstanding the foregoing, the Parties hereby consent to and agree that in addition to any recourse to arbitration as set out in this Section 6, any Party
may, to the extent permitted under the laws of the jurisdiction where application is made, seek an interim injunction from a court or other authority with competent jurisdiction and, notwithstanding that this Agreement is governed by the
laws of the Hong Kong Special Administrative Region, a court or authority hearing an application for injunctive relief may apply the procedural law of the jurisdiction where the court or other authority is located in determining whether
to grant the interim injunction. For the avoidance of doubt, this Section 6(b) is only applicable to the seeking of interim injunctions and does not restrict the application of Section 6(a) in any way.
|
7. |
Specific Performance.
|
[New Member’s Name]
|
||
By:
|
||
Name:
|
||
Position:
|
||
Notice details
|
||
Address:
|
||
Email:
|
||
Facsimile:
|
New Member
|
Shares Held Record
|
Other Securities
|
|
Ordinary Shares
|
ADSs
|
||
[New Member’s Name]
|
|||