Tuniu Corp — Major Shareholding Notification 2016

Feb 5, 2016

SC 13G/A 1 v430611_sc13ga.htm SCHEDULE 13G/A

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

| Tuniu
Corporation |
| --- |
| (Name of Issuer) |

Ordinary shares of par value of $0.0001 per share
(Title of Class of Securities)

89977P106 (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)
☒	Rule 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).

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(1) This CUSIP number applies to the American depositary shares of Tuniu Corporation, each representing three Class A ordinary shares.

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1	Name of Reporting Person Gobi Fund II, L.P.
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 0
	6	Shared Voting Power 17,536,494 Class A ordinary shares (1)
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 17,536,494 Class A ordinary shares (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person 17,536,494 Class A ordinary shares (1)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11	Percent of Class Represented by Amount in Row (9) 6.1% (2)
12	Type of Reporting Person PN

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(1) Represented by 5,845,498 American depositary shares of the Issuer.

(2) Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of ordinary shares outstanding as of December 31, 2015, which was 286,970,892, consisting of 269,597,392 Class A ordinary shares (excluding the 1,851,561 Class A ordinary shares issued to the depositary bank of the Issuer and reserved for future exercise of options or vesting of other awards granted under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance.

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1	Name of Reporting Person Gobi Ventures, Inc.
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 0
	6	Shared Voting Power 17,536,494 Class A ordinary shares (1)
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 17,536,494 Class A ordinary shares (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person 17,536,494 Class A ordinary shares (1)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11	Percent of Class Represented by Amount in Row (9) 6.1% (2)
12	Type of Reporting Person CO

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(1) Represented by 5,845,498 American depositary shares of the Issuer.

(2) Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of ordinary shares outstanding as of December 31, 2015, which was 286,970,892, consisting of 269,597,392 Class A ordinary shares (excluding the 1,851,561 Class A ordinary shares issued to the depositary bank of the Issuer and reserved for future exercise of options or vesting of other awards granted under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance.

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1	Name of Reporting Person Wai Kit Lau
2	Check the Appropriate Box if a Member of a Group
	(a) ☐
	(b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization United Kingdom
Number of Shares Beneficially Owned by Each Reporting Person With:	5	Sole Voting Power 0
	6	Shared Voting Power 17,536,494 Class A ordinary shares (1)
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 17,536,494 Class A ordinary shares (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person 17,536,494 Class A ordinary shares (1)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11	Percent of Class Represented by Amount in Row (9) 6.1% (2)
12	Type of Reporting Person HC IN

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(1) Represented by 5,845,498 American depositary shares of the Issuer.

(2) Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of ordinary shares outstanding as of December 31, 2015, which was 286,970,892, consisting of 269,597,392 Class A ordinary shares (excluding the 1,851,561 Class A ordinary shares issued to the depositary bank of the Issuer and reserved for future exercise of options or vesting of other awards granted under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance.

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1	Name of Reporting Person Chuan Chung Wang
2	Check the Appropriate Box if a Member of a Group
	(a) ☐
	(b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization Taiwan (Republic of China)
Number of Shares Beneficially Owned by Each Reporting Person With:	5	Sole Voting Power 0
	6	Shared Voting Power 17,536,494 Class A ordinary shares (1)
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 17,536,494 Class A ordinary shares (1)
9	Aggregate Amount Beneficially Owned by Each Reporting Person 17,536,494 Class A ordinary shares (1)
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11	Percent of Class Represented by Amount in Row (9) 6.1% (2)
12	Type of Reporting Person HC IN

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(1) Represented by 5,845,498 American depositary shares of the Issuer.

(2) Calculation is based on the total number of ordinary shares in Row 9 above divided by the total number of ordinary shares outstanding as of December 31, 2015, which was 286,970,892, consisting of 269,597,392 Class A ordinary shares (excluding the 1,851,561 Class A ordinary shares issued to the depositary bank of the Issuer and reserved for future exercise of options or vesting of other awards granted under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance.

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1	Name of Reporting Person Jiang Tao
2	Check the Appropriate Box if a Member of a Group
	(a) ☐
	(b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization People’s Republic of China
Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0
9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11	Percent of Class Represented by Amount in Row (9) 0%
12	Type of Reporting Person HC IN

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1	Name of Reporting Person Zhu Lin
2	Check the Appropriate Box if a Member of a Group
	(a) ☐
	(b) ☐
3	SEC Use Only
4	Citizenship or Place of Organization People’s Republic of China
Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power 0
	6	Shared Voting Power 0
	7	Sole Dispositive Power 0
	8	Shared Dispositive Power 0
9	Aggregate Amount Beneficially Owned by Each Reporting Person 0
10	Check if the Aggregate Amount in Row (9) Excludes Certain Shares ☐
11	Percent of Class Represented by Amount in Row (9) 0%
12	Type of Reporting Person HC IN

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Item 1(a).	Name of Issuer: Tuniu Corporation
Item 1(b).	Address of Issuer’s Principal Executive Offices: Tuniu Building No. 699-32 Xuanwudadao, Xuanwu District Nanjing, Jiangsu Province 210042 People’s Republic of China
Item 2(a).	Name of Person Filing: This amendment No. 1 to Schedule 13G is being filed jointly
by Gobi Fund II, L.P., a limited partnership organized under the laws of Cayman Islands (“ Gobi II ”), Gobi Ventures,
Inc., a company organized under the laws of British Virgin Islands (“ Gobi Ventures ”), Wai Kit Lau, Chuan Chung
Wang, Jiang Tao and Zhu Lin (each, a “ Reporting Person ” and, collectively, the “ Reporting Persons ”). Gobi II holds 17,536,494 Class A ordinary shares of Tuniu Corporation
(“ Issuer ”), represented by 5,845,498 American depositary shares of the Issuer. Gobi Ventures is the general
partner of Gobi II as well as one of its limited partners. Wai Kit Lau and Chuan Chung Wang each beneficially owns 50% and 50%
of Gobi Ventures, respectively. Jiang Tao and Zhu Lin have ceased to be the beneficial owners of Gobi Ventures and do not hold
any beneficial interest in Gobi II. Because of their relationship to Gobi II, each of Gobi Ventures, Wai Kit Lau and Chuan Chung
Wang, may be deemed to beneficially own the Class A ordinary shares of the Issuer that are held by Gobi II pursuant to Section
13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder. Each of Gobi Ventures, Wai Kit
Lau and Chuan Chung Wang hereby disclaims any beneficial ownership of the ordinary shares of the Issuer held by Gobi II, except
to the extent of their respective pecuniary interest therein.
Item 2(b).	Address of Principal Business Office, or, if none, Residence: Gobi Fund II, L.P. Harbour Place, 2nd Floor 103 South Church Street P.O. Box 472, George Town Grand Cayman KY1-1106 Cayman Islands Gobi Ventures, Inc. Suite 801, 8/F Chinachem Century Tower 178 Gloucester Road, Wanchai Hong Kong Wai Kit Lau Building 7, Innovation Park 399 Keyuan Road Shanghai, 201203 People’s Republic of China Chuan Chung Wang No. 1, Section 311, National Road Longtan Township, Taoyuan County Taiwan Jiang Tao Building 7, Innovation Park 399 Keyuan Road Shanghai, 201203 People’s Republic of China Zhu Lin Building 7, Innovation Park 399 Keyuan Road Shanghai, 201203 People’s Republic of China

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Item 2(c).	Citizenship: See item 4 of each of the cover pages
Item 2(d).	Title of Class of Securities: Ordinary shares, including Class A ordinary shares and Class
B ordinary shares of par value of $0.0001 per share. The rights of the holders of Class A ordinary shares and Class
B ordinary shares are identical, except with respect to conversion rights and voting rights. Each Class B ordinary share is convertible
into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class
B ordinary shares under any circumstance. Each Class A ordinary share is entitled to one vote, whereas each Class B ordinary share
is entitled to ten votes.
Item 2(e).	CUSIP No.: 89977P106 This CUSIP number applies to the American depositary shares
of the Issuer, each representing three Class A ordinary shares of the Issuer, par value $0.0001 per share.

Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:
	Not applicable
Item 4.	Ownership

The following information with respect to the ordinary shares of par value of $0.0001 per share of the Issuer, including ordinary shares represented by American depositary shares, held by the reporting persons is provided as of December 31, 2015:

Reporting Person — Gobi II	Amount beneficially owned: — 17,536,494 Class A ordinary shares	6.1 %	0	Shared power to vote or to direct the vote: — 17,536,494 Class A ordinary shares	0	Shared power to dispose or to direct the disposition of: — 17,536,494 Class A ordinary shares
Gobi Ventures	17,536,494 Class A ordinary shares	6.1 %	0	17,536,494 Class A ordinary shares	0	17,536,494 Class A ordinary shares
Wai Kit Lau	17,536,494 Class A ordinary shares	6.1 %	0	17,536,494 Class A ordinary shares	0	17,536,494 Class A ordinary shares
Chuan Chung Wang	17,536,494 Class A ordinary shares	6.1 %	0	17,536,494 Class A ordinary shares	0	17,536,494 Class A ordinary shares
Jiang Tao	0	0 %	0	0	0	0
Zhu Lin	0	0 %	0	0	0	0

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• Calculation of percentage is based on the total number of ordinary shares beneficially owned by each Reporting Person above divided by the total number of ordinary shares outstanding as of December 31, 2015, which was 286,970,892, consisting of 269,597,392 Class A ordinary shares (excluding the 1,851,561 Class A ordinary shares issued to the depositary bank of the Issuer and reserved for future exercise of options or vesting of other awards granted under the Issuer’s share incentive plans) and 17,373,500 Class B ordinary shares. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof, while Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance.

Gobi II, a limited partnership organized under the laws of Cayman Islands, is the record owner of 5,845,498 American depositary shares representing 17,536,494 Class A ordinary shares of the Issuer. The general partner of Gobi II is Gobi Ventures, which is also a limited partner of Gobi II. Each of Wai Kit Lau and Chuan Chung Wang beneficially owns 50% and 50% of Gobi Ventures, respectively. Jiang Tao and Zhu Lin have ceased to the beneficial owners of Gobi Ventures and do not hold any beneficial interest in Gobi II. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, because of their relationship to Gobi II, each of Gobi Ventures, Wai Kit Lau and Chuan Chung Wang may be deemed to beneficially own the Class A ordinary shares of the Issuer that are held by Gobi II. Each of Gobi Ventures, Wai Kit Lau and Chuan Chung Wang hereby disclaims any beneficial ownership of the ordinary shares of the Issuer directly held by Gobi II, except to the extent of their respective pecuniary interest therein.

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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

Not applicable

Item 9. Notice of Dissolution of Group

Not applicable

Item 10. Certifications

Not applicable

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EXHIBIT INDEX

Exhibit No.	Description
99.A	Joint Filing Agreement, dated February 13, 2015, between Gobi Fund II, L.P., Gobi Ventures, Inc., Wai Kit Lau, Chuan Chung Wang, Jiang Tao and Zhu Lin.

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SIGNATURE

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.

Dated February 5, 2016
/s/ Wai Kit Lau
Name: Wai Kit Lau
Title: Director of its General Partner
Gobi Ventures, Inc.
/s/ Wai Kit Lau
Name: Wai Kit Lau
Title: Director
Wai Kit Lau
/s/ Wai Kit Lau
Chuan Chung Wang
/s/ Chuan Chung Wang
Jiang Tao
/s/ Jiang Tao
Zhu Lin
/s/ Zhu Lin

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