Schedule 13G Amendment No. 1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

 

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES

13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. 1)*

 

 

 

The9 Limited


(Name of Issuer)

 

Ordinary Shares


(Title of Class of Securities)

 

 

88337K104


(CUSIP Number)

 

December 31, 2005


(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)

 

x 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 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).

 

(Continued on following pages)


CUSIP NO. 88337K104   Schedule 13 G    

 

  1  

NAME OF REPORTING PERSON

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

 

            Jun Zhu

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

   
  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

 

6,597,334 ordinary shares. Incsight Limited may also be deemed to have sole voting power with respect to the above shares.


  6    SHARED VOTING POWER

 

13,020,168 ordinary shares. Incsight Limited may be deemed to have shared voting power with Bosma Limited with respect to the above shares.


  7    SOLE DISPOSITIVE POWER

 

6,597,334 ordinary shares. Incsight Limited may also be deemed to have sole dispositive power with respect to the above shares.


  8    SHARED DISPOSITIVE POWER

 

See item 7.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            6,597,334 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            27.2%(1)

   
12  

TYPE OF REPORTING PERSON*

 

            IN

   

 

(1) Based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.


CUSIP NO. 88337K104   Schedule 13 G    

 

  1  

NAME OF REPORTING PERSON

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

 

            Incsight Limited

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  x

   
  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

 

6,597,334 ordinary shares. Jun Zhu may also be deemed to have sole voting power with respect to the above shares.


  6    SHARED VOTING POWER

 

13,020,168 ordinary shares. Incsight Limited may be deemed to have shared voting power with Bosma Limited with respect to the above shares.


  7    SOLE DISPOSITIVE POWER

 

6,597,334 ordinary shares. Jun Zhu may also be deemed to have sole dispositive power with respect to the above shares.


  8    SHARED DISPOSITIVE POWER

 

See item 7.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            6,597,334 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            27.2%(1)

   
12  

TYPE OF REPORTING PERSON*

 

            CO

   

 

(1) Based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.


ITEM 1

 

(a).

   NAME OF ISSUER:          
         The9 Limited          

ITEM 1

 

(b).

   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:          
        

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         

ITEM 2

 

(a).

   NAME OF PERSON FILING:          
         Jun Zhu          
         Incsight Limited          

ITEM 2

 

(b).

   ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:          
        

Jun Zhu

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         
        

Incsight Limited

c/o Jun Zhu

Building No. 3, 690 Bibo Road

Zhangjiang Hi-tech Park, Pudong New Area

Shanghai 201203, People’s Republic of China

         

ITEM 2

 

(c).

   CITIZENSHIP:          
         Jun Zhu – PRC          
         Incsight Limited – British Virgin Islands          

ITEM 2

 

(d).

   TITLE OF CLASS OF SECURITIES:          
         Ordinary Shares          

ITEM 2

 

(e).

   CUSIP NUMBER:          
         88337K104          

ITEM 3.

       Not Applicable          


ITEM 4.

   OWNERSHIP:          
     The following information with respect to the ownership of the Ordinary Shares of the issuer by the Reporting Person is provided as of February 14, 2006:

 

Reporting Person


   Amount
beneficially
owned:


   Percent
of class:


   

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:


Jun Zhu

   6,597,334    27.2 %   6,597,334    13,020,168    6,597,334    0

Incsight Limited

   6,597,334    27.2 %   6,597,334    13,020,168    6,597,334    0

 

     (Percent of class based on approximately 24,213,654 ordinary shares outstanding as of the date of this filing.)
     Incsight Limited, a British Virgin Islands company, is the record owner of 6,597,334 ordinary shares of The9 Limited. Jun Zhu is the sole owner and director of Incsight Limited. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules promulgated thereunder, Jun Zhu may be deemed to beneficially own all of the shares held by Incsight Limited.
     See Item 8 below regarding Incsight Limited’s membership in a group comprised of itself and Bosma Limited.          

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:
     Not applicable

ITEM 8.

   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:          
     Incsight Limited and Bosma Limited are parties to a Voting Agreement, dated November 26, 2004 (the “Voting Agreement”) with respect to the election of The9 Limited’s board of directors. Pursuant to the rules promulgated under the Exchange Act, parties to the Voting Agreement may be considered members of a “group” and therefore deemed to be beneficial owners of the shares held by each other party to the Voting Agreement. This Schedule 13G acknowledges the existence of the Voting Agreement and the potential attribution of the shares held by Bosma Limited to Incsight Limited; however, Incsight Limited expressly disclaims the beneficial ownership of the shares held by Bosma Limited, and Bosma Limited is not participating in the filing of this Schedule 13G. The number of shares beneficially owned by each reporting person with shared voting power reflected above is based upon 6,422,834 shares believed to be owned by Bosma Limited.

ITEM 9.

   NOTICE OF DISSOLUTION OF GROUP:          
     Not applicable          

ITEM 10.

   CERTIFICATION:          
     Not applicable          


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 14, 2006

 

Jun Zhu      

/s/ Jun Zhu


        Jun Zhu
Incsight Limited       By:  

/s/ Jun Zhu


        Name:   Jun Zhu
        Title:   Director


LIST OF EXHIBITS

 

Exhibit No.

 

Description


A   Joint Filing Agreement