0001144204-15-008150.txt : 20150212 0001144204-15-008150.hdr.sgml : 20150212 20150212081755 ACCESSION NUMBER: 0001144204-15-008150 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150212 DATE AS OF CHANGE: 20150212 GROUP MEMBERS: CDH VENTURE GP II CO LTD GROUP MEMBERS: CDH VENTURE PARTNERS II, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: eHi Car Services Ltd CENTRAL INDEX KEY: 0001517492 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88413 FILM NUMBER: 15602014 BUSINESS ADDRESS: STREET 1: UNIT 12/F, BUILDING NO.5 GUOSHENG CENTER STREET 2: 388 DADUHE ROAD CITY: Shanghai STATE: F4 ZIP: 200062 BUSINESS PHONE: (8621)-64687000 MAIL ADDRESS: STREET 1: UNIT 12/F, BUILDING NO.5 GUOSHENG CENTER STREET 2: 388 DADUHE ROAD CITY: Shanghai STATE: F4 ZIP: 200062 FORMER COMPANY: FORMER CONFORMED NAME: eHi Auto Services Ltd DATE OF NAME CHANGE: 20110406 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CDH Car Rental Service Ltd CENTRAL INDEX KEY: 0001633205 IRS NUMBER: 980632862 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE TEMASEK AVENUE STREET 2: #18-02, MILLENIA TOWER CITY: SINGAPORE STATE: U0 ZIP: 039192 BUSINESS PHONE: 6565728768 MAIL ADDRESS: STREET 1: ONE TEMASEK AVENUE STREET 2: #18-02, MILLENIA TOWER CITY: SINGAPORE STATE: U0 ZIP: 039192 SC 13G 1 v401403_sc13g.htm FORM SC 13G

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.    )*

 

 

eHi Car Services Limited
 
(Name of Issuer)
 
Class A common shares, par value $0.001 per share
 
(Title of Class of Securities)
 
26853A100(1)
 
(CUSIP Number)
 
December 31, 2014
 
(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 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).

 

(Continued on following pages)

 

 

__________________________________

 

(1) This CUSIP number applies to the Issuer’s American Depositary Shares, each representing two Class A common shares of the Issuer.

 

 
 

 

CUSIP NO.:          26853A100

 

(1) NAME OF REPORTING PERSONS
  CDH Car Rental Service Limited (“CDH Car”)
(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    
  10,899,211 Class B Shares (See Item 4)
(6) SHARED VOTING POWER    
  0
(7) SOLE DISPOSITIVE POWER    
  10,899,211 Class B Shares (See Item 4)
(8) SHARED DISPOSITIVE POWER    
  0

(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  10,899,211 Class B Shares
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
  ¨
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
  9.5%1
(12) TYPE OF REPORTING PERSON
  CO

  

1 As a percentage of 114,379,243 common shares of the Issuer, comprised of 28,333,332 Class A common shares of the Issuer (“Class A Shares”) and 86,045,911 Class B common shares of the Issuer (“Class B Shares”) issued and outstanding as of December 31, 2014. Each Class B Share is convertible into one Class A Share at any time but the Class A Shares are not convertible into Class B Shares under any circumstances. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes. The voting power of the common shares beneficially owned by the reporting person represents 12.3% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

Page 1 of 6
 

 

CUSIP NO.:          26853A100

 

(1) NAME OF REPORTING PERSONS
  CDH Venture Partners II, L.P. (“CDH Venture”)
(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    
  10,899,211 Class B Shares (See Item 4)
(6) SHARED VOTING POWER    
  0
(7) SOLE DISPOSITIVE POWER    
  10,899,211 Class B Shares (See Item 4)
(8) SHARED DISPOSITIVE POWER    
  0

(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  10,899,211 Class B Shares
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
  ¨
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
  9.5%1
(12) TYPE OF REPORTING PERSON
  PN

   

1 As a percentage of 114,379,243 common shares of the Issuer, comprised of 28,333,332 Class A Shares and 86,045,911 Class B Shares issued and outstanding as of December 31, 2014. Each Class B Share is convertible into one Class A Share at any time but the Class A Shares are not convertible into Class B Shares under any circumstances. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes. The voting power of the common shares beneficially owned by the reporting person represents 12.3% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

 

Page 2 of 6
 

 

CUSIP NO.:          26853A100

 

(1) NAME OF REPORTING PERSONS
  CDH Venture GP II Company Limited (“CDH GP”)
(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    
  10,899,211 Class B Shares (See Item 4)
(6) SHARED VOTING POWER    
  0
(7) SOLE DISPOSITIVE POWER    
  10,899,211 Class B Shares (See Item 4)
(8) SHARED DISPOSITIVE POWER    
  0

(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  10,899,211 Class B Shares
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
  ¨
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
  9.5%1
(12) TYPE OF REPORTING PERSON
  CO

   

1 As a percentage of 114,379,243 common shares of the Issuer, comprised of 28,333,332 Class A Shares and 86,045,911 Class B Shares issued and outstanding as of December 31, 2014. Each Class B Share is convertible into one Class A Share at any time but the Class A Shares are not convertible into Class B Shares under any circumstances. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes. The voting power of the common shares beneficially owned by the reporting person represents 12.3% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

Page 3 of 6
 

 

Item 1(a). Name of Issuer:
   
  eHi Car Services Limited (the “Issuer”)
   
Item 1(b). Address of Issuer's Principal Executive Offices:
   
  Unit 12/F, Building No. 5, Guosheng Center
  388 Daduhe Road
  Shanghai 200062
  People’s Republic of China
   
Item 2(a). Name of Person Filing:
   
  This Schedule 13G is filed by and on behalf of:
   
  (a) CDH Car Rental Service Limited;
  (b) CDH Venture Partners II, L.P.; and
  (c) CDH Venture GP II Company Limited.
   
Item 2(b). Address of Principal Business Office or, if None, Residence:
   
  For CDH Car:
   
  Kingston Chambers
  P.O. Box 173, Road Town, Tortola
  British Virgin Islands
   
   
  For CDH Venture:
   
  Ugland House, P.O. Box 309GT
  George Town, Grand Cayman
  Grand Cayman, KY1-1104
  Cayman Islands
   
   
  For CDH GP:
   
  Ugland House, P.O. Box 309GT
  George Town, Grand Cayman
  Grand Cayman, KY1-1104
  Cayman Islands
   
Item 2(c). Citizenship:
   
  CDH Car is a British Virgin Islands company.
   
  CDH Venture is a Cayman Islands limited liability partnership.
   
  CDH GP is a Cayman Islands company.
   
Item 2(d). Title of Class of Securities:
   
  Class A common shares of the Issuer, par value US$0.001 per share.
   
  The Issuer’s common shares consist of Class A Shares and Class B Shares. Holders of Class A Shares and Class B Shares have the same rights except for voting and conversion rights. Each Class A Share is entitled to one vote, and each Class B Share is entitled to ten votes and is convertible into one Class A Share at any time. Class A common shares are not convertible into Class B Shares under any circumstances.

 

Page 4 of 6
 

 

Item 2(e). CUSIP Number:
   
  26853A100 (American depositary shares of the Issuer)
   
Item 3. Statement Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c):
   
  Not applicable
   
Item 4. Ownership:
   
  The following table sets forth the beneficial ownership of the common shares of the Issuer by each of the reporting persons as of December 31, 2014:

 

  Number of shares as to which such person has:
Reporting Person Amount Beneficially Owned Percent of
Class(1)		 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
CDH Car 10,899,211(2)  9.5%(3) 10,899,211   0 10,899,211   0
CDH Venture 10,899,211(2)  9.5%(3) 10,899,211 0 10,899,211   0
CDH GP 10,899,211(2)  9.5%(3) 10,899,211   0 10,899,211 0

 

(1)As a percentage of 114,379,243 common shares of the Issuer, comprised of 28,333,332 Class A Shares and 86,045,911 Class B Shares.

 

(2)Represents (i) 10,799,211 Class B Shares held by CDH Car, and (ii) 100,000 Class B Shares issuable upon exercise of options within 60 days from December 31, 2014, which options are held by CDH Car. CDH Car is 100% owned by CDH Venture, whose general partner is CDH GP. CDH Venture and CDH GP may also be deemed to have the sole voting power and sole dispositive power with respect to the common shares of the Issuer held by CDH Car. The voting and investment power of the Issuer’s common shares held by CDH Car is exercised by the investment committee of CDH GP, which consists of Yan Huang, William Hsu, Shuge Jiao and Shangzhi Wu. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, each of Yan Huang, William Hsu, Shuge Jiao and Shangzhi Wu may be deemed to share beneficial ownership of the common shares of the Issuer directly held by CDH Car. Each of Yan Huang, William Hsu, Shuge Jiao and Shangzhi Wu disclaims the beneficial ownership of any of the common shares of the Issuer directly held by CDH Car, except to the extent of their pecuniary interests therein.

 

(3)The voting power of the common shares beneficially owned by the reporting person represents 12.3% of the total outstanding voting power of all Class A and Class B Shares of the Issuer.

 

Page 5 of 6
 

 

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:
   
  The members of this group are set forth as reporting persons on Schedule 13G.
   
Item 9. Notice of Dissolution of Group:
   
  Not applicable
   
Item 10. Certifications:
   
  Not applicable

 

Page 6 of 6
 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 12, 2015

 

CDH Car Rental Service Limited
By: /s/ William Hsu
 

Name: William Hsu

Title: Director


 

 

CDH Venture Partners II, L.P.

 

By: CDH Venture GP II Company Limited,
its general partner

 

By: /s/ William Hsu
 

Name: William Hsu

Title: Director


 

CDH Venture GP II Company Limited
By: /s/ William Hsu
 

Name: William Hsu

Title: Director


 

 

[Signature Page to Schedule 13G]

 

 
 

 

LIST OF EXHIBITS

 

Exhibit No.

Description

   
A Joint Filing Agreement

 

 
 

 

Exhibit A

 

Joint Filing Agreement

 

 

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A common shares, par value $0.001 per share, of eHi Car Services Limited, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

 

 

[Remainder of this page has been left intentionally blank.]

 

 
 

 

SIGNATURE

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 12, 2015.

 

 

 

CDH Car Rental Service Limited
By: /s/ William Hsu
 

Name: William Hsu

Title: Director


 

CDH Venture Partners II, L.P.

 

By: CDH Venture GP II Company Limited,
its general partner

 

By: /s/ William Hsu
 

Name: William Hsu

Title: Director


 

CDH Venture GP II Company Limited
By: /s/ William Hsu
 

Name: William Hsu

Title: Director


 

 

[Signature Page to Joint Filing Agreement to Schedule 13G]