Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

 

 

China Techfaith Wireless Communication Technology Limited (the “Issuer”)

(Name of Issuer)

 

 

 

Ordinary Shares

(Title of Class of Securities)

 

G84383101

(CUSIP Number)

 

March 19, 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)

x Rule 13d-1(c)

¨ 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).

 

 

 


CUSIP No. G84383101     Page 2 of 5

 

  1   

NAMES OF REPORTING PERSONS

 

Chi Sing Ho

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Canada

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    78,814,6281

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    78,814,6281

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    78,814,6281

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ¨

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    9.9%2

12

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    IN

 

1 

Including 72,856,242 shares of which the record owner is IDG-Accel China Growth Fund II L.P. and 5,958,386 shares of which the record owner is IDG-Accel China Investors II L.P. Chi Sing Ho and Quan Zhou are directors and executive officers of IDG-Accel China Growth Fund GP II Associates Ltd., which is the ultimate general partner of both IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P. By virtue of acting together to direct the management and operations of the ultimate general partners of each of the above record owners, Chi Sing Ho and Quan Zhou may be deemed to have shared voting and dispositive power with respect to these shares.

2 

Based upon 794,003,193 ordinary shares outstanding as of March 23, 2011, as reported in the Issuer’s Form 20-F filed with the U.S. Securities and Exchange Commission on May 24, 2011.


 

SCHEDULE 13G

 

 
CUSIP No. G84383101     Page 3 of 5 Pages

 

Item 1  

(a)

   Name of Issuer:      
     China Techfaith Wireless Communication Technology Limited      
Item 1  

(b)

   Address of Issuer’s Principal Executive Offices:      
    

3/F, M8 West, No.1 Jiu Xian Qiao East Road, Chao Yang District,

Beijing 100016, People’s Republic of China

     
Item 2  

(a)

   Name of Person Filing:      
     Chi Sing Ho      
    

On March 19, 2012, Chi Sing Ho replaced Patrick J. McGovern as one of the two directors of IDG-Accel China Growth Fund GP II Associates Ltd., which is the ultimate general partner of both IDG-Accel China Growth Fund II Associates L.P. and IDG-Accel China Investors II L.P. Both IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P. are record owners of the ordinary shares of the Issuer reported in this filing. The other director of IDG-Accel China Growth Fund GP II Associates Ltd. is Quan Zhou, who may be deemed to have shared voting and dispositive power over the shares reported in this filing with Chi Sing Ho. Each of Chi Sing Ho and Quan Zhou disclaims the beneficial ownership of the shares reported in this filing except to the extent of his pecuniary interest therein.

    

Quan Zhou, IDG-Accel China Growth Fund GP II Associates Ltd., IDG-Accel China Growth Fund GP II Associates L.P., IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P. previously jointly filed a Schedule 13G in relation to the ordinary shares reported in this filing on May 15, 2009, which was last amended on September 20, 2010.

Item 2  

(b)

   Address of Principal Business Office or, If None, Residence; Citizenship      
     For reporting person:      
    

c/o IDG VC Management Ltd.

Unit 1509, The Center

99 Queen’s Road

Central, Hong Kong

     
Item 2  

(c)

   Citizenship      
     Chi Sing Ho is a citizen of Canada.      
Item 2  

(d)

   Title of Class of Securities:      
     Ordinary shares, par value $0.00002      
Item 2  

(e)

   CUSIP Number:      
     G84383101      
Item 3.   Statement Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c):   
  Not applicable.      


 

SCHEDULE 13G

 

 
CUSIP No. G84383101     Page 4 of 5 Pages

 

Item 4.    Ownership      
   The information for reporting person contained in Items 5-11 of the cover page is incorporated herein by reference.      
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 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      
   Not applicable.      
Item 9.    Notice of Dissolution of Group      
   Not applicable.      
Item 10.    Certifications      
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.      


 

SCHEDULE 13G

 

 
CUSIP No. G84383101     Page 5 of 5 Pages

 

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: March 29, 2012

 

CHI SING HO

/s/ Chi Sing Ho