UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13D

(Amendment No. 1)

Under the Securities Exchange Act of 1934

Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and Amendments Thereto Filed
Pursuant to Rule 13d-2(a)

Lianluo Smart Limited

(Name of Issuer)

Common shares, par value $0.002731 per share

(Title of Class of Securities)

G5478K 100

(CUSIP Number)

Zhitao He

Hangzhou Lianluo Interactive Information Technology Co., Ltd.*

18/F, Xintu Tower

451 Wulianwang Street

Binjiang District, Hangzhou

Zhejiang Province 310051, People’s Republic of China

+86-0571-2828-0882

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

April 4, 2018

(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 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).

Introductory Statement

This Amendment No. 1 to Schedule 13D (“Amendment No. 1”) amends and supplements the statement on Schedule 13D filed on August 23, 2016 (the “Initial Statement”), with respect to the common shares, par value $0.002731 per share (the “Common Shares”), of Lianluo Smart Limited, a British Virgin Islands company (the “Company” or “Issuer”). The Issuer’s principle place of business is located at Room 2108, 21 Floor, No. 20 Shijingshan Road, Shijingshan District, Beijing 100040, People’s Republic of China. Except as otherwise provided herein, each Item of the Initial Statement remains unchanged.

This Amendment No. 1 is being jointly filed by (i) Hangzhou Lianluo Interactive Information Technology Co., Ltd., (ii) Hyperfinite Galaxy Holding Limited, and (iii) Zhitao He (each a “Reporting Person” and, collectively, the “Reporting Persons”).

ITEM 2.          IDENTITY AND BACKGROUND

Item 2 of the Initial Statement is hereby amended and restated in its entirety as follows:

(d) Each of the Reporting Persons has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.

(e) Each of the Reporting Persons has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was 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 during the last five years.

ITEM 3.          SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

The information contained in Item 6 of this Amendment No. 1 is incorporated herein by reference.

ITEM 4.          PURPOSE OF TRANSACTION

The information contained in Item 6 of this Amendment No. 1 is incorporated herein by reference.

ITEM 5.          INTEREST IN SECURITIES OF THE ISSUER

Item 5 of the Initial Statement is hereby amended and restated in its entirety as follows:

(a) Percentages of Common Shares beneficially owned as described in this Statement are based on an aggregate of 17,587,586 shares issued and outstanding as reported by the Issuer in its Form 20-F for the fiscal year ended December 31, 2017, and, in the case of Mr. Zhitao He and Hangzhou Lianluo Interactive Information Technology Co., Ltd., an additional 1,000,000 Common Shares underlying warrants to purchase Common Shares, which are exercisable within 60 days after the date hereof.

1. Hangzhou Lianluo Interactive Information Technology Co., Ltd., has direct beneficial ownership of 12,111,111 Common Shares, including 11,111,111 Common Shares and 1,000,000 Common Shares underlying warrants to purchase Common Shares, which are exercisable within 60 days after the date hereof. Hangzhou Lianluo Interactive Information Technology Co., Ltd.’s beneficial ownership in the Common Shares represented approximately 65.2% of the outstanding Common Shares that were deemed to be outstanding for purposes of calculating the beneficial ownership of Hangzhou Lianluo Interactive Information Technology Co., Ltd., under Section 13(d) of the Act.

2. Hyperfinite Galaxy Holding Limited has direct beneficial ownership of 360,000 Common Shares. Hyperfinite Galaxy Holding Limited’s beneficial ownership in the Common Stock represented approximately 2.0% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Hyperfinite Galaxy Holding Limited under Section 13(d) of the Act.

3. Zhitao He, through his ownership and service as the sole officer of Hyperfinite Galaxy Holding Limited and in his capacity as Chairman, a director and the General Manager of Hangzhou Lianluo Interactive Information Technology Co., Ltd., has indirect beneficial ownership of 12,471,111 Common Shares, including 11,471,111 Common Shares and 1,000,000 Common Shares underlying warrants to purchase Common Shares, which are exercisable within 60 days after the date hereof. Zhitao He’s beneficial ownership in the Common Shares represented approximately 67.1% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Zhitao He under Section 13(d) of the Act.

(b)

1. Hangzhou Lianluo Interactive Information Technology Co., Ltd., may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 12,111,111 Common Shares.

2. Hyperfinite Galaxy Holding Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 360,000 Common Shares.

3. Zhitao He may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 12,471,111 Common Shares.

(c) On April 27, 2018, the Reporting Persons effected purchases of the Issuer’s Common Shares for an aggregate of approximately 28,300 shares, which purchase prices are not yet available to the Reporting Person. Other than such transactions and as reported herein, each of the Reporting Persons has not effected any transactions in the Common Shares during the past 60 days or since the filing of the Initial Statement. The Reporting Persons will file further amendments to this Schedule 13D to provide information regarding additional completed transactions pursuant to Rule 13d.

(d)

1. Other than as described in Item 6 herein, to the knowledge of Hangzhou Lianluo Interactive Information Technology Co., Ltd., Hyperfinite Galaxy Holding Limited and Zhitao He, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 12,471,111 Common Shares over which the Reporting Persons have beneficial ownership.

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

Item 6 of the Initial Statement is hereby amended and supplemented as follows:

On December 12, 2017, Mr. Zhitao He established a plan (the “Plan”) to purchase up to $6,000,000 of the Issuer’s Common Shares over a period of twelve months from the Plan date on the open market for a target purchase price of between 95% and 105% of the closing price of the Common Shares on the previous day. Purchases under the Plan are anticipated to be in the daily amount of between 20,000 and 50,000 shares, and purchases may not be made within the first or last thirty minutes of trading each day.

From April 4, 2018 to April 26, 2018, Hyperfinite Galaxy Holding Limited purchased 360,000 Common Shares of the Issuer in a series of open market transactions at prices ranging from $1.72 to $2.60 per share on the Nasdaq Capital Market. Details by date, number of Common Shares purchased and the average purchase price per Common Share are provided below.

The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, or the Issuer full information regarding the number of shares purchased at each separate price for these transactions.

ITEM 7.          MATERIAL TO BE FILED AS EXHIBITS

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: April 30, 2018

Schedule A

EXECUTIVE OFFICERS AND CONTROL PERSONS OF THE REPORTING PERSON

The following table set forth the names, citizenship, and present principal occupation or employment of each director and executive officer of Hangzhou Lianluo Interactive Information Technology Co., Ltd. Unless otherwise noted, the business address for each person listed below is Hangzhou Lianluo Interactive Information Technology Co., Ltd., 18/F, Xintu Tower, 451, Wulianwang Street, Binjiang District, Hangzhou, Zhejiang Province 310051, People’s Republic of China.

Exhibit 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including any amendments thereto) with respect to the common shares, $0.002731 par value, of Lianluo Smart Limited. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.