CUSIP No. 83084J988
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13D
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Page 2 of 11 Pages
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1.
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NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Japan NK Investment K.K. |
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
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3.
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SEC USE ONLY
|
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||||
4.
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SOURCE OF FUNDS (see instructions)
OO |
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5.
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
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6.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
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7.
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SOLE VOTING POWER
00,000 |
||||
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8.
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SHARED VOTING POWER
232,876,006 |
|||||
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9.
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SOLE DISPOSITIVE POWER
00,000 |
|||||
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10.
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SHARED DISPOSITIVE POWER
232,876,006 |
|||||
11.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,876,006 |
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||||
12.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
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||||
13.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
55.5% |
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14.
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TYPE OF REPORTING PERSON (see instructions)
CO |
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CUSIP No. 83084J988
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13D
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Page 3 of 11 Pages
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1.
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NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PNF Investment Co., Ltd. |
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
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||||
3.
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SEC USE ONLY
|
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||||
4.
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SOURCE OF FUNDS (see instructions)
OO |
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||||
5.
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
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||||
6.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
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7.
|
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SOLE VOTING POWER
00,000 |
||||
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8.
|
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SHARED VOTING POWER
232,876,006 |
|||||
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9.
|
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SOLE DISPOSITIVE POWER
00,000 |
|||||
|
10.
|
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SHARED DISPOSITIVE POWER
232,876,006 |
|||||
11.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,876,006 |
|
|
||||
12.
|
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||
13.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
55.5% |
|
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||||
14.
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TYPE OF REPORTING PERSON (see instructions)
CO |
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CUSIP No. 83084J988
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13D
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Page 4 of 11 Pages
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||||||||
1.
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NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rui Chen |
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||||||||
2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
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||||||||
3.
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SEC USE ONLY
|
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|
||||||||
4.
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SOURCE OF FUNDS (see instructions)
OO |
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||||||||
5.
|
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
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||||||||
6.
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CITIZENSHIP OR PLACE OF ORGANIZATION
People’s Republic of China |
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||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
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7.
|
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SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
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SHARED VOTING POWER
232,876,006 |
|||||||||
|
9.
|
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SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
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SHARED DISPOSITIVE POWER
232,876,006 |
|||||||||
11.
|
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,876,006 |
|
|
||||||||
12.
|
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
55.5% |
|
|
||||||||
14.
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TYPE OF REPORTING PERSON (see instructions)
IN |
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CUSIP No. 83084J988
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13D
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Page 5 of 11 Pages
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1.
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NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Renewable Japan Co., Ltd. |
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||||||||
2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
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||||||||
3.
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SEC USE ONLY
|
|
|
||||||||
4.
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SOURCE OF FUNDS (see instructions)
OO |
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||||||||
5.
|
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
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||||||||
6.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
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||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
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SHARED VOTING POWER
232,876,006 |
|||||||||
|
9.
|
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SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
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SHARED DISPOSITIVE POWER
232,876,006 |
|||||||||
11.
|
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,876,006 |
|
|
||||||||
12.
|
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
55.5% |
|
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||||||||
14.
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TYPE OF REPORTING PERSON (see instructions)
CO |
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CUSIP No. 83084J988
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13D
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Page 6 of 11 Pages
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1.
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NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
H&T Corporation |
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
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||||||||
3.
|
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SEC USE ONLY
|
|
|
||||||||
4.
|
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SOURCE OF FUNDS (see instructions)
OO |
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||||||||
5.
|
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
232,876,006 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
232,876,006 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,876,006 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
55.5% |
|
|
||||||||
14.
|
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TYPE OF REPORTING PERSON (see instructions)
CO |
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CUSIP No. 83084J988
|
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13D
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Page 7 of 11 Pages
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||||||||
1.
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NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Katsuhito Manabe |
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||||||||
2.
|
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions) (a) ☐ (b) ☐ |
|
|
||||||||
3.
|
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SEC USE ONLY
|
|
|
||||||||
4.
|
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SOURCE OF FUNDS (see instructions)
OO |
|
|
||||||||
5.
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ☐
|
|
|
||||||||
6.
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Japan |
|
|
||||||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
|
7.
|
|
SOLE VOTING POWER
00,000 |
||||||||
|
8.
|
|
SHARED VOTING POWER
232,876,006 |
|||||||||
|
9.
|
|
SOLE DISPOSITIVE POWER
00,000 |
|||||||||
|
10.
|
|
SHARED DISPOSITIVE POWER
232,876,006 |
|||||||||
11.
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,876,006 |
|
|
||||||||
12.
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(see instructions) ☐ |
|
|
||||||||
13.
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
55.5% |
|
|
||||||||
14.
|
|
TYPE OF REPORTING PERSON (see instructions)
IN |
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|
CUSIP No. 83084J988
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|
13D
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Page 8 of 11 Pages
|
Item 3. |
Source and Amount of Funds or Other Consideration.
|
Item 4. |
Purpose of Transaction.
|
Shares
Beneficially Owned |
Percentage of
Total* |
Sole Voting
Power |
Shared
Voting Power |
Sole
Dispositive Power |
Shared
Dispositive Power |
||||||||
Japan NK Investment K.K.
|
|
232,876,006
|
|
55.5
|
%
|
0
|
|
232,876,006
|
|
0
|
|
232,876,006
|
|
PNF Investment Co., Ltd.
|
|
232,876,006
|
|
55.5
|
%
|
0
|
|
232,876,006
|
|
0
|
|
232,876,006
|
|
Rui Chen
|
|
232,876,006
|
|
55.5
|
%
|
0
|
|
232,876,006
|
|
0
|
|
232,876,006
|
|
Renewable Japan Co., Ltd.
|
232,876,006
|
|
55.5
|
%
|
0
|
|
232,876,006
|
|
0
|
|
232,876,006
|
|
|
H&T Corporation
|
232,876,006
|
|
55.5
|
%
|
0
|
|
232,876,006
|
|
0
|
|
232,876,006
|
|
|
Katsuhito Manabe
|
232,876,006
|
|
55.5
|
%
|
0
|
|
232,876,006
|
|
0
|
|
232,876,006
|
|
CUSIP No. 83084J988
|
|
13D
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|
Page 9 of 11 Pages
|
Shares
Beneficially Owned |
Percentage of
Total* |
Sole Voting
Power |
Shared
Voting Power |
Sole
Dispositive Power |
Shared
Dispositive Power |
|||||||||||||||||||
IDG-Accel China Capital L.P. (1)
|
182,717,962
|
43.6
|
%
|
97,453,914
|
85,264,048
|
97,453,914
|
85,264,048
|
|||||||||||||||||
IDG-Accel China Capital Associates L.P.(2)
|
182,717,962
|
43.6
|
%
|
97,453,914
|
85,264,048
|
97,453,914
|
85,264,048
|
|||||||||||||||||
IDG-Accel China Capital Investors L.P.(3)
|
182,717,962
|
43.6
|
%
|
4,495,992
|
178,221,970
|
4,495,992
|
178,221,970
|
|||||||||||||||||
IDG-Accel China Capital GP Associates Ltd.(4)
|
182,717,962
|
43.6
|
%
|
101,949,906
|
80,768,056
|
101,949,906
|
80,768,056
|
|||||||||||||||||
Quan Zhou(5)
|
182,717,962
|
43.6
|
%
|
0
|
182,717,962
|
0
|
182,717,962
|
|||||||||||||||||
Chi Sing Ho(5)
|
182,717,962
|
43.6
|
%
|
0
|
182,717,962
|
0
|
182,717,962
|
|||||||||||||||||
Jolmo Solar Capital Ltd.
|
86,168,056
|
20.5
|
%
|
5,400,000
|
80,768,056
|
5,400,000
|
80,768,056
|
|||||||||||||||||
CES Holding Ltd.
|
8,000,000
|
1.9
|
%
|
8,000,000
|
0
|
8,000,000
|
0
|
|||||||||||||||||
Jiale Dai(6)
|
94,168,056
|
22.4
|
%
|
0
|
94,168,056
|
0
|
94,168,056
|
|||||||||||||||||
Xiaoguang Duan(7)
|
97,968,056
|
23.3
|
%
|
0
|
97,968,056
|
0
|
97,968,056
|
|||||||||||||||||
Jing Kang
|
3,800,000
|
0.9
|
%
|
0
|
3,800,000
|
0
|
3,800,000
|
|||||||||||||||||
Bin Shi
|
14,759,480
|
3.5
|
%
|
14,759,480
|
0
|
14,759,480
|
0
|
|||||||||||||||||
Sino-Century HX Investments Limited
|
4,940,901
|
1.2
|
%
|
4,940,901
|
0
|
4,940,901
|
0
|
|||||||||||||||||
Kai Ding
|
9,109,320
|
2.2
|
%
|
9,109,320
|
0
|
9,109,320
|
0
|
|||||||||||||||||
TCL Transportation Holdings Limited
|
936,680
|
0.2
|
%
|
936,880
|
0
|
936,880
|
0
|
|||||||||||||||||
Esteem Venture Investment Limited
|
1,233,320
|
0.3
|
%
|
1,233,320
|
0
|
1,233,320
|
0
|
|||||||||||||||||
Mamaya Investments Ltd
|
333,340
|
0.1
|
%
|
333,340
|
0
|
333,340
|
0
|
|||||||||||||||||
Xanadu Investment Ltd. (H.K.)
|
1,400,000
|
0.3
|
%
|
1,400,000
|
0
|
1,400,000
|
0
|
|||||||||||||||||
Abdullateef A. AL-Tammar
|
880,100
|
0.2
|
%
|
880,100
|
0
|
880,100
|
0
|
|||||||||||||||||
Development Holding Company Ltd.
|
4,000,000
|
1.0
|
%
|
4,000,000
|
0
|
4,000,000
|
0
|
|||||||||||||||||
Bjoern Ludvig Ulfsson Nilsson
|
494,200
|
0.1
|
%
|
494,200
|
0
|
494,200
|
0
|
|||||||||||||||||
Square Limited
|
80,768,056
|
19.3
|
%
|
80,768,056
|
0
|
80,768,056
|
0
|
|||||||||||||||||
Square Acquisition Co.
|
80,768,056
|
19.3
|
%
|
80,768,056
|
0
|
80,768,056
|
0
|
CUSIP No. 83084J988
|
|
13D
|
|
Page 10 of 11 Pages
|
(1)
|
Includes (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P., (ii) 4,495,992 Ordinary Shares
(including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. and (iii) 80,768,056 Ordinary Shares directly held by Square Acquisition Co. IDG-Accel China Capital L.P. and IDG-Accel
China Capital Investors L.P. have the same ultimate general partner, IDG-Accel China Capital GP Associates Ltd. By virtue of such relationship, IDG-Accel China Capital L.P. may be deemed the beneficial owner of the number of Ordinary Shares
beneficially owned by IDG-Accel China Capital Investors L.P.
|
||||
(2)
|
Includes (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P., (ii) 4,495,992 Ordinary Shares
(including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. and (iii) 80,768,056 Ordinary Shares directly held by Square Acquisition Co. IDG-Accel China Capital Associates L.P. is
the general partner of IDG-Accel China Capital L.P. IDG-Accel China Capital GP Associates Ltd. is the general partner of both IDG-Accel China Capital Associates L.P. and IDG-Accel China Capital Investors L.P. By virtue of such relationship,
IDG-Accel China Capital Associates L.P. may be deemed the beneficial owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital L.P. and IDG-Accel China Capital Investors L.P.
|
||||
(3)
|
Includes (i) 4,495,992 Ordinary Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P., (ii) 97,453,914 Ordinary Shares
(including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P. and (iii) 80,768,056 Ordinary Shares directly held by Square Acquisition Co. IDG-Accel China Capital L.P. and IDG-Accel China
Capital Investors L.P. have the same ultimate general partner, IDG-Accel China Capital GP Associates Ltd. By virtue of such relationship, IDG-Accel China Capital Investors L.P. may be deemed the beneficial owner of the number of Ordinary
Shares beneficially owned by IDG-Accel China Capital L.P.
|
||||
(4)
|
Includes (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P., (ii) 4,495,992 Ordinary Shares
(including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. and (iii) 80,768,056 Ordinary Shares directly held by Square Acquisition Co. IDG-Accel China Capital Associates L.P. is
the general partner of IDG-Accel China Capital L.P. IDG-Accel China Capital GP Associates Ltd. is the general partner of both IDG-Accel China Capital Associates L.P. and IDG-Accel China Capital Investors L.P. By virtue of such relationship,
IDG-Accel China Capital GP Associates Ltd. may be deemed the beneficial owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital L.P. and IDG-Accel China Capital Investors L.P.
|
||||
(5)
|
Includes 101,949,906 Ordinary Shares indirectly held by IDG-Accel China Capital GP Associates Ltd., consisting of (i) 97,453,914 Ordinary Shares (including 19,118,000 Ordinary Shares as
represented by 955,900 ADSs) directly held by IDG-Accel China Capital L.P., (ii) 4,495,992 Ordinary Shares (including 882,000 Ordinary Shares as represented by 44,100 ADSs) directly held by IDG-Accel China Capital Investors L.P. and (iii)
80,768,056 Ordinary Shares directly held by Square Acquisition Co. Quan Zhou and Chi Sing Ho are directors of IDG-Accel China Capital GP Associates Ltd. By virtue of such relationship, Quan Zhou and Chi Sing Ho may be deemed the beneficial
owner of the number of Ordinary Shares beneficially owned by IDG-Accel China Capital GP Associates Ltd.
|
||||
(6)
|
Dai is the sole shareholder of each of Jolmo and CES. Jolmo beneficially owns 86,168,056, or 20.5%, of the Company’s Ordinary Shares and CES beneficially owns 8,000,000, or 1.9%, of the
Company’s Ordinary Shares, respectively. Accordingly, Dai may thereby be deemed to beneficially own 94,168,056 Ordinary Shares of the Company comprising (x) the 86,168,056 Ordinary Shares owned by Jolmo and (y) the 8,000,000 Ordinary Shares
owned by CES, respectively.
|
||||
(7)
|
Duan is the sole director of each of Jolmo and CES. Jolmo Solar directly owns 86,168,056, or 20.5%, of the Company’s Ordinary Shares and CES directly owns 8,000,000, or 1.3%, of the Company’s
Ordinary Shares, respectively. In addition, Duan shares voting and/or dispositive power over the 3,800,000, or 0.9%, of the Company’s Ordinary Shares owned by Kang, his spouse. Accordingly, Duan may thereby be deemed to beneficially own
97,968,056 Ordinary Shares of the Company comprising (x) the 86,168,056 Ordinary Shares owned by Jolmo Solar, (y) the 8,000,000 Ordinary Shares owned by CES Holding and (z) the 3,800,000 Ordinary Shares owned by Kang, respectively.
|
CUSIP No. 83084J988
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|
13D
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Page 11 of 11 Pages
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JAPAN NK INVESTMENT K.K.
|
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By:
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/s/ Mitsutoshi Nishiyama
|
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Name:
|
Mitsutoshi Nishiyama
|
|||
Title:
|
Representative Director
|
|||
PNF INVESTMENT CO., LTD.
|
||||
By:
|
/s/ Rui Chen
|
|||
Name:
|
Rui Chen
|
|||
Title:
|
Representative Director
|
|||
RUI CHEN
|
||||
By:
|
/s/ Rui Chen
|
|||
RENEWABLE JAPAN CO., LTD.
|
||||
By:
|
/s/ Katsuhito Manabe
|
|||
Name:
|
Katsuhito Manabe
|
|||
Title:
|
Representative Director
|
|||
H&T CORPORATION
|
||||
By:
|
/s/ Katsuhito Manabe
|
|||
Name:
|
Katsuhito Manabe
|
|||
Title:
|
Representative Director
|
|||
KATSUHITO MANABE
|
||||
By:
|
/s/ Katsuhito Manabe
|