UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
Trip.com Group Limited
(Name of Issuer)
Ordinary Shares, par value $0.00125 per share
(Title of Class of Securities)
22943F100**
(CUSIP Number)
Baidu, Inc.
Baidu Holdings Limited
c/o Rong Luo, Chief Financial Officer
Telephone: +(86 10) 5992-8888
Email: ir@baidu.com
Facsimile: +(86 10) 5992-0000
Baidu Campus
No. 10 Shangdi 10th Street,
Haidian District, Beijing 100085
The Peoples Republic of China
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
September 11, 2023
(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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons 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 (the 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).
** | This CUSIP number applies to the American Depositary Shares, evidenced by American Depositary Receipts, each representing one ordinary share, par value $0.00125 per share, of Trip.com Group Limited (the Ordinary Shares). No CUSIP number has been assigned to the Ordinary Shares. |
CUSIP No. | 22943F100 |
1 |
NAME OF REPORTING PERSON
Baidu Holdings Limited | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☒ | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
WC, OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
The British Virgin Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
56,479,220 | ||||
8 | SHARED VOTING POWER
0 | |||||
9 | SOLE DISPOSITIVE POWER
56,479,220 | |||||
10 | SHARED DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,479,220 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.74%* | |||||
14 | TYPE OF REPORTING PERSON
CO |
* | Percentage calculated based on a total of 646,149,720 Ordinary Shares issued and outstanding as of January 31, 2023, as disclosed by the Issuer in its annual report on Form 20-F for the fiscal year ended December 31, 2022. |
CUSIP No. | 22943F100 |
1 |
NAME OF REPORTING PERSON
Baidu, Inc. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☒ | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
WC, OO | |||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
The Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
60,782,439 | ||||
8 | SHARED VOTING POWER
0 | |||||
9 | SOLE DISPOSITIVE POWER
60,782,439 | |||||
10 | SHARED DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
60,782,439 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.41%* | |||||
14 | TYPE OF REPORTING PERSON
CO |
* | Percentage calculated based on a total of 646,149,720 Ordinary Shares issued and outstanding as of January 31, 2023, as disclosed by the Issuer in its annual report on Form 20-F for the fiscal year ended December 31, 2022. |
Explanatory Note
This Amendment No. 5 to Schedule 13D is filed by the undersigned to amend the statement on Schedule 13D, filed on November 4, 2015 (the Original Schedule 13D), as amended by Amendment No. 1 to the Original Schedule 13D, filed on December 14, 2015, Amendment No. 2 to the Original Schedule 13D, filed on January 20, 2016, Amendment No. 3 to the Original Schedule 13D, filed on September 14, 2016, and Amendment No. 4 to the Original Schedule 13D, filed on October 2, 2019 (collectively, the Original Filing).
Except as provided herein, this statement does not modify any of the information previously reported on the Original Filing.
Item 1. | Security and Issuer. |
Item 1 is amended in its entirety as follows:
This statement on Schedule 13D relates to ordinary shares, par value $0.00125 per share (the Ordinary Shares), and American Depositary Shares (the ADSs), each representing one Ordinary Share, in each case, of Trip.com Group Limited, a Cayman Islands exempted company (the Issuer). The address of the principal executive offices of the Issuer is 968 Jin Zhong Road, Shanghai 200335, The Peoples Republic of China.
The Issuers ADSs are listed on the Nasdaq Global Select Market under the ticker symbol TCOM and the Issuers Ordinary Shares are listed on The Stock Exchange of Hong Kong Limited under the stock code 9961.
Item 2. | Identity and Background. |
Item 2 is amended by replacing the Schedule A and Schedule B to the Original Filing with the Schedule A and Schedule B hereto.
During the last five years, none of the Reporting Persons and, to the best of their knowledge, any of the persons listed on Schedule A and Schedule B hereto has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) 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.
Item 4. | Purpose of Transaction. |
Item 4 is hereby amended and supplemented by adding the following at the end:
From June 13, 2023 to September 13, 2023, Baidu, Inc. sold 3,631,601 ADSs representing 3,631,601 Ordinary Shares through open market transactions on the U.S. market with price ranging from US$36.00 and US$36.40 per ADS pursuant to Rule 144 under the Securities Act of 1933, as amended. From June 12, 2023 to September 13, 2023, Baidu Holdings Limited sold 4,745,300 Ordinary Shares through open market transactions on the Hong Kong market with price ranging from HK$281.16 and HK$291.76 per Ordinary Share pursuant to Rule 144 under the Securities Act of 1933, as amended.
Item 5. | Interest in Securities of the Issuer. |
Items 5(a) is hereby amended and restated in its entirety as follows:
(a) | As of September 13, 2023, (i) Baidu Holdings Limited beneficially owns 56,479,220 Ordinary Shares, or 8.74% of the issued and outstanding Ordinary Shares, and (ii) Baidu, Inc., being the sole shareholder of Baidu Holdings Limited, may, pursuant to Rule 13d-3 of the Act, be deemed to beneficially own 60,782,439 Ordinary Shares (comprising of 4,303,219 Ordinary Shares represented by ADSs directly held by Baidu, Inc. and 56,479,220 Ordinary Shares directly held by Baidu Holdings Limited), or 9.41% of the issued and outstanding Ordinary Shares. |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: September 14, 2023 | ||
Baidu Holdings Limited | ||
By: | /s/ Robin Yanhong Li | |
Name: | Robin Yanhong Li | |
Title: | Director | |
Baidu, Inc. | ||
By: | /s/ Robin Yanhong Li | |
Name: | Robin Yanhong Li | |
Title: | Director |
SCHEDULE A
Directors and Executive Officers of Baidu, Inc.
The business address of each of the following directors and executive officers is No. 10 Shangdi 10th Street, Haidian District, Beijing 100085, The Peoples Republic of China.
Directors:
Name |
Citizenship |
|||||
Robin Yanhong Li | PRC | |||||
James Ding | Hong Kong, China | |||||
Brent Callinicos | USA | |||||
Yuanqing Yang | PRC | |||||
Jixun Foo | Singapore |
Executive Officers:
Name |
Title |
Citizenship | ||||||
Robin Yanhong Li | Chairman and Chief Executive Officer | PRC | ||||||
Rong Luo | Chief Financial Officer | PRC | ||||||
Haifeng Wang | Chief Technology Officer | PRC | ||||||
Dou Shen | Executive Vice President | PRC | ||||||
Victor Zhixiang Liang | Senior Vice President | PRC | ||||||
Shanshan Cui | Senior Vice President | PRC |
SCHEDULE B
Directors and Executive Officers of Baidu Holdings Limited
The business address of the following director is No. 10 Shangdi 10th Street, Haidian District, Beijing 100085, The Peoples Republic of China.
Director:
Name |
Citizenship |
|||||
Robin Yanhong Li | PRC |
Executive Officers:
N/A