UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d–102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO §240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2.
(Amendment No. )
Cheetah Mobile Inc.
(Name of Issuer)
Class A ordinary shares, in the form of American Depositary Shares, and Class B ordinary shares
(Title of Class of Securities)
163075 10 4
(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:
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).
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1. | | Names of Reporting Persons Matrix Partners China I, L.P. |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1) |
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 0 |
| 6. | | Shared Voting Power 70,069,157 Class A ordinary shares (2) |
| 7. | | Sole Dispositive Power 0 |
| 8. | | Shared Dispositive Power 70,069,157 Class A ordinary shares (2) |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 70,069,157 Class A ordinary shares (2) |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row (9) 5.0%(3) |
12. | | Type of Reporting Person (See Instructions) PN |
(1) | This statement on Schedule 13G is filed by Matrix Partners China I, L.P. (“Matrix China I”), Matrix Partners China I-A, L.P. (“Matrix China I-A”), Matrix China Management I, L.P. (“Matrix Management”), Matrix China I GP GP, Ltd. (“Matrix GP”) and Yibo Shao (“Shao,” collectively, with Matrix China I, Matrix China I-A, Matrix Management and Matrix GP, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
(2) | Consists of (i) 31,780,000 Class A ordinary shares underlying American Depositary Shares (“ADS”) held by Matrix China I and (ii) 38,289,157 Class B ordinary shares (each Class B ordinary share is convertible into one (1) Class A ordinary share at any time at the option of the holder) held by Matrix China I. Matrix Management and Matrix GP are the direct and indirect general partners, respectively, of Matrix China I and Matrix China I-A, and as such, may exercise voting and dispositive power over these shares. Shao, a director of Matrix GP, may be deemed to share voting and dispositive power over these shares. |
(3) | Each ADS represents 10 Class A ordinary shares, par value US$0.000025 per share. Percentage is based on 1,399,170,937 Class A and Class B ordinary shares issued and outstanding (as of September 30, 2014) as reported in the Issuer’s most recent Form 6-K filed with the Securities and Exchange Commission (“SEC”) on 11/12/14. |
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1. | | Names of Reporting Persons Matrix Partners China I-A, L.P. |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1) |
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 0 |
| 6. | | Shared Voting Power 7,099,518 Class A ordinary shares (2) |
| 7. | | Sole Dispositive Power 0 |
| 8. | | Shared Dispositive Power 7,099,518 Class A ordinary shares (2) |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 7,099,518 Class A ordinary shares (2) |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row (9) 0.5%(3) |
12. | | Type of Reporting Person (See Instructions) PN |
(1) | This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
(2) | Consists of (i) 3,220,000 Class A ordinary shares underlying ADS held by Matrix China I-A and (ii) 3,879,518 Class B ordinary shares (each Class B ordinary share is convertible into one (1) Class A ordinary share at any time at the option of the holder) held by Matrix China I-A. Matrix Management and Matrix GP are the direct and indirect general partners, respectively, of Matrix China I and Matrix China I-A, and as such, may exercise voting and dispositive power over these shares. Shao, a director of Matrix GP, may be deemed to share voting and dispositive power over these shares. |
(3) | Each ADS represents 10 Class A ordinary shares, par value US$0.000025 per share. Percentage is based on 1,399,170,937 Class A and Class B ordinary shares issued and outstanding (as of September 30, 2014) as reported in the Issuer’s most recent Form 6-K filed with SEC on 11/12/14. |
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1. | | Names of Reporting Persons Matrix China Management I, L.P. |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1) |
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 0 |
| 6. | | Shared Voting Power 77,168,675 Class A ordinary shares (2) |
| 7. | | Sole Dispositive Power 0 |
| 8. | | Shared Dispositive Power 77,168,675 Class A ordinary shares (2) |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 77,168,675 Class A ordinary shares (2) |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row (9) 5.5%(3) |
12. | | Type of Reporting Person (See Instructions) PN |
(1) | This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
(2) | Consists of (i) 31,780,000 Class A ordinary shares underlying ADS held by Matrix China I and 3,220,000 Class A ordinary shares underlying ADS held by Matrix China I-A and (ii) 38,289,157 Class B ordinary shares held by Matrix China I and 3,879,518 Class B ordinary shares held by Matrix China I-A (each Class B ordinary share is convertible into one (1) Class A ordinary share at any time at the option of the holder). Matrix Management and Matrix GP are the direct and indirect general partners, respectively, of Matrix China I and Matrix China I-A, and as such, may exercise voting and dispositive power over these shares. Shao, a director of Matrix GP, may be deemed to share voting and dispositive power over these shares. |
(3) | Each ADS represents 10 Class A ordinary shares, par value US$0.000025 per share. Percentage is based on 1,399,170,937 Class A and Class B ordinary shares issued and outstanding (as of September 30, 2014) as reported in the Issuer’s most recent Form 6-K filed with SEC on 11/12/14. |
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1. | | Names of Reporting Persons Matrix China I GP GP, Ltd. |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1) |
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 0 |
| 6. | | Shared Voting Power 77,168,675 Class A ordinary shares (2) |
| 7. | | Sole Dispositive Power 0 |
| 8. | | Shared Dispositive Power 77,168,675 Class A ordinary shares (2) |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 77,168,675 Class A ordinary shares (2) |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row (9) 5.5%(3) |
12. | | Type of Reporting Person (See Instructions) CO |
(1) | This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
(2) | Consists of (i) 31,780,000 Class A ordinary shares underlying ADS held by Matrix China I and 3,220,000 Class A ordinary shares underlying ADS held by Matrix China I-A and (ii) 38,289,157 Class B ordinary shares held by Matrix China I and 3,879,518 Class B ordinary shares held by Matrix China I-A (each Class B ordinary share is convertible into one (1) Class A ordinary share at any time at the option of the holder). Matrix Management and Matrix GP are the direct and indirect general partners, respectively, of Matrix China I and Matrix China I-A, and as such, may exercise voting and dispositive power over these shares. Shao, a director of Matrix GP, may be deemed to share voting and dispositive power over these shares. |
(3) | Each ADS represents 10 Class A ordinary shares, par value US$0.000025 per share. Percentage is based on 1,399,170,937 Class A and Class B ordinary shares issued and outstanding (as of September 30, 2014) as reported in the Issuer’s most recent Form 6-K filed with SEC on 11/12/14. |
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1. | | Names of Reporting Persons Yibo Shao |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1) |
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 | | 5. | | Sole Voting Power 0 |
| 6. | | Shared Voting Power 77,168,675 Class A ordinary shares (2) |
| 7. | | Sole Dispositive Power 0 |
| 8. | | Shared Dispositive Power 77,168,675 Class A ordinary shares (2) |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 77,168,675 Class A ordinary shares (2) |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row (9) 5.5%(3) |
12. | | Type of Reporting Person (See Instructions) IN |
(1) | This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
(2) | Consists of (i) 31,780,000 Class A ordinary shares underlying ADS held by Matrix China I and 3,220,000 Class A ordinary shares underlying ADS held by Matrix China I-A and (ii) 38,289,157 Class B ordinary shares held by Matrix China I and 3,879,518 Class B ordinary shares held by Matrix China I-A (each Class B ordinary share is convertible into one (1) Class A ordinary share at any time at the option of the holder). Matrix Management and Matrix GP are the direct and indirect general partners, respectively, of Matrix China I and Matrix China I-A, and as such, may exercise voting and dispositive power over these shares. Shao, a director of Matrix GP, may be deemed to share voting and dispositive power over these shares. |
(3) | Each ADS represents 10 Class A ordinary shares, par value US$0.000025 per share. Percentage is based on 1,399,170,937 Class A and Class B ordinary shares issued and outstanding (as of September 30, 2014) as reported in the Issuer’s most recent Form 6-K filed with SEC on 11/12/14. |
Cheetah Mobile Inc.
| (b) | Address of Issuer’s Principal Executive Offices |
12/F, FOSUN INTERNATIONAL CENTER TOWER
237 CHAOYANG NORTH RD, CHAOYANG DISTRICT
BEIJING 100022
Matrix Partners China I, L.P. (“Matrix China I”)
Matrix Partners China I-A, L.P. (“Matrix China I-A”)
Matrix China Management I, L.P. (“Matrix Management”)
Matrix China I GP GP, Ltd. (“Matrix GP”)
Yibo Shao (“Shao”)
| (b) | Address of Principal Business Office or, if none, Residence |
Matrix Partners China I, L.P.
Matrix Partners China I-A, L.P.
Matrix China Management I, L.P.
Matrix China I GP GP, Ltd.
Maples Corporate Services Limited
PO Box 309
Ugland House
Grand Cayman, KY1-1104
Cayman Islands
Yibo Shao
Suite 08, 20th Floor, One International Finance Centre
1 Harbour View Street, Central
Hong Kong, China
Matrix Partners China I, L.P.: Cayman Islands
Matrix Partners China I-A, L.P.: Cayman Islands
Matrix China Management I, L.P.: Cayman Islands
Matrix China I GP GP, Ltd.: Cayman Islands
Yibo Shao: People’s Republic of China
| (d) | Title of Class of Securities |
Class A ordinary shares, in the form of American Depositary Shares, and Class B ordinary shares
163075 10 4
Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
The following information with respect to the ownership of Class A ordinary shares and Class B ordinary shares by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2014:
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Reporting Persons | | Class A Ordinary Shares Held Directly (1) | | | Class B Ordinary Shares Held Directly (1) | | | ADS Held Directly (1)(3) | | | Shared Voting Power (1) | | | Shared Dispositive Power (1) | | | Beneficial Ownership (1) | | | Percentage of Class (1)(3) | |
Matrix China I | | | 0 | | | | 38,289,157 | | | | 3,178,000 | | | | 70,069,157 | | | | 70,069,157 | | | | 70,069,157 | | | | 5.0 | % |
Matrix China I-A | | | 0 | | | | 3,879,518 | | | | 322,000 | | | | 7,099,518 | | | | 7,099,518 | | | | 7,099,518 | | | | 0.5 | % |
Matrix Management (2) | | | 0 | | | | 0 | | | | 0 | | | | 77,168,675 | | | | 77,168,675 | | | | 77,168,675 | | | | 5.5 | % |
Matrix GP (2) | | | 0 | | | | 0 | | | | 0 | | | | 77,168,675 | | | | 77,168,675 | | | | 77,168,675 | | | | 5.5 | % |
Shao (2) | | | 0 | | | | 0 | | | | 0 | | | | 77,168,675 | | | | 77,168,675 | | | | 77,168,675 | | | | 5.5 | % |
(1) | Represents the number of shares beneficially owned by the Reporting Persons as of December 31, 2014. |
(2) | Matrix Management and Matrix GP are the direct and indirect general partners, respectively, of Matrix China I and Matrix China I-A, and as such, may exercise voting and dispositive power over these shares. Shao, a director of Matrix GP, may be deemed to share voting and dispositive power over these shares. |
(3) | Each ADS represents 10 Class A ordinary shares, par value US$0.000025 per share. Percentage is based on 1,399,170,937 Class A and Class B ordinary shares issued and outstanding (as of September 30, 2014) as reported in the Issuer’s most recent Form 6-K filed with SEC on 11/12/14. |
Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following¨.
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 |
Not Applicable
Item 9. | Notice of Dissolution of Group |
Not Applicable
Item 10. Certification
Not Applicable
Exhibits:
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Exhibit I: | | Joint Filing Agreement by and among Matrix Partners China I, L.P., Matrix Partners China I-A, L.P., Matrix China Management I, L.P., Matrix China I GP GP, Ltd. and Yibo Shao. |
SIGNATURES
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 4, 2015
MATRIX PARTNERS CHINA I, L.P.
By: Matrix China Management I, L.P.
By: Matrix China I GP GP, Ltd.
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By: | | /s/ Yibo Shao |
Name: | | Yibo Shao |
Title: | | Director |
MATRIX PARTNERS CHINA I-A, L.P.
By: Matrix China Management I, L.P.
By: Matrix China I GP GP, Ltd.
| | |
By: | | /s/ Yibo Shao |
Name: | | Yibo Shao |
Title: | | Director |
MATRIX CHINA MANAGEMENT I, L.P.
By: Matrix China I GP GP, Ltd.
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By: | | /s/ Yibo Shao |
Name: | | Yibo Shao |
Title: | | Director |
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MATRIX CHINA I GP GP, LTD. |
| | |
By: | | /s/ Yibo Shao |
Name: | | Yibo Shao |
Title: | | Director |
|
/s/ Yibo Shao |
YIBO SHAO |