Schedule 13G Amendment No.2

 

 

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. 2)*

 

 

Daqo New Energy Corp.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G26583 107

(CUSIP Number)

December 31, 2012

(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).

 

 

 

 

1


  1   

Name of reporting person

 

Fei Ge (“Mr. Ge”)

  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:

     

Sole voting power

 

    11,471,250 ordinary shares, which consist of (i) 10,890,000 ordinary shares held by Ruian International Limited (“Ruian”), a British Virgin Islands company solely owned and controlled by Mr. Ge, and (ii) 581,250 ordinary shares issuable upon exercise of options held by Mr. Ge that are exercisable within 60 days of December 31, 2012. Ruian may also be deemed to have sole voting power with respect to the 10,890,000 ordinary shares held by it.

   6   

Shared voting power

 

    0

   7   

Sole dispositive power

 

    11,471,250 ordinary shares. See Item 5 above for detail. Ruian may also be deemed to have sole dispositive power with respect to the 10,890,000 ordinary shares held by it.

   8   

Shared dispositive power

 

    0

  9  

Aggregate amount beneficially owned by each reporting person

 

    11,471,250 shares

10  

Check box if the aggregate amount in Row (9) excludes certain shares    ¨

 

11  

Percent of class represented by amount in Row 9

 

    6.7%

12  

Type of reporting person

 

    IN

 

2


  1   

Name of reporting person

 

Ruian International Limited

  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:

     

Sole voting power

 

    10,890,000 ordinary shares held by Ruian.

   6   

Shared voting power

 

    0

   7   

Sole dispositive power

 

    10,890,000 ordinary shares held by Ruian.

   8   

Shared dispositive power

 

    0

  9  

Aggregate amount beneficially owned by each reporting person

 

    10,890,000 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

 

    6.3%

12  

Type of reporting person

 

    CO

 

3


ITEM 1(a). NAME OF ISSUER:

Daqo New Energy Corp.

 

ITEM 1(b). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

666 Longdu Avenue

Wanzhou, Chongqing 404000

People’s Republic of China

 

ITEM 2(a). NAME OF PERSON FILING:

 

  (i) Fei Ge

 

  (ii) Ruian International Limited

 

ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:

For all Reporting Persons:

c/o 66 Xinzhong Road

Xinba, Yangzhong, Jiangsu Province

People’s Republic of China

 

ITEM 2(c). CITIZENSHIP:

 

  (i) Fei Ge - People’s Republic of China.

 

  (ii) The place of organization of Ruian International Limited is the British Virgin Islands.

 

ITEM 2(d). TITLE OF CLASS OF SECURITIES:

Ordinary Shares

 

ITEM 2(e). CUSIP NUMBER:

G26583 107

 

ITEM 3. Not applicable.

 

4


ITEM 4. OWNERSHIP

The following information with respect to the ownership of the ordinary shares of Daqo New Energy Corp. (the “Ordinary Shares”) by the reporting persons is provided as of December 31, 2012:

 

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:
 

Fei Ge

     11,471,250         6.7     11,471,250         0         11,471,250         0   

Ruian International Limited

     10,890,000         6.3     10,890,000         0         10,890,000         0   

Ruian is the registered holder of 10,890,000 Ordinary Shares. Mr. Ge is the ultimate sole shareholder of Ruian. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Mr. Ge may be deemed to beneficially own all of the Ordinary Shares held by Ruian.

 

5


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

Not applicable

 

ITEM 9. NOTICE OF DISSOLUTION OF GROUP

Not applicable

 

ITEM 10. CERTIFICATIONS

Not applicable

 

6


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, 2013

 

Fei Ge    

/s/ Fei Ge

    Name:   Fei Ge
Ruian International Limited     By:  

/s/ Fei Ge

    Name:   Fei Ge
    Title:   Director

 

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