Schedule 13G Amendment No. 1

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

 

 

VisionChina Media Inc.

(Name of Issuer)

 

 

Common Shares, par value US$0.0001 per share

(Title of Class of Securities)

 

 

92833U 10 31

(CUSIP Number)

 

 

December 31, 2008

(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).

[Continued on following pages]

 

 

1

This CUSIP number applies to the Issuer’s American Depositary Shares, each representing one Common Share.


CUSIP NO. 92833U 10 3   Schedule 13G   Page 2 of 6 Pages

 

  1  

NAME OF REPORTING PERSON

 

            Yanqing Liang

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  x

   
  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

 

                4,557,700 Common Shares

 

  6    SHARED VOTING POWER

 

                0

 

  7    SOLE DISPOSITIVE POWER

 

                4,557,700 Common Shares

 

  8    SHARED DISPOSITIVE POWER

 

                0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            4,557,700 Common 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

 

            IN

   

 


CUSIP NO. 92833U 10 3   Schedule 13G   Page 3 of 6 Pages

 

  1  

NAME OF REPORTING PERSON

 

            Massive Sheen Investments Limited

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  x

   
  3  

SEC USE ONLY

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            British Virgin Islands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

 

  5    SOLE VOTING POWER

 

                4,557,700 Common Shares

 

  6    SHARED VOTING POWER

 

                0

 

  7    SOLE DISPOSITIVE POWER

 

                4,557,700 Common Shares

 

  8    SHARED DISPOSITIVE POWER

 

                0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            4,557,700 Common 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

   

 


CUSIP NO. 92833U 10 3   Schedule 13G   Page 4 of 6 Pages

 

ITEM 1  

(a).

   NAME OF ISSUER:      
     VisionChina Media Inc. (the “Issuer”)      
ITEM 1  

(b).

   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:      
    

1/F Block No.7 Champs Elysees

Nongyuan Road, Futian District

Shenzhen 518040

People’s Republic of China

     
ITEM 2  

(a).

   NAME OF PERSON FILING:      
     This Schedule 13G is filed by and on behalf of (a) Yanqing Liang and (b) Massive Sheen Investments Limited. Ms. Liang is the sole beneficial owner and sole director of Massive Sheen Investments Limited. Ms. Liang may be deemed to be the beneficial owner of the Common Shares of the Issuers owned by Massive Sheen Investments Limited. Ms. Liang and Massive Sheen Investments Limited are making this single, joint filing pursuant to Rule 13d-1(k) of the Act because each of them is reporting as to the beneficial ownership of the same securities and because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Act, although neither the fact of this filing or anything contained herein shall be deemed to be an admission by the reporting persons that a group exists.      
ITEM 2  

(b).

   ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:      
     For Yanqing Liang:      
    

Room 1210, 5# Champs Elysees Garden

Nongyuan Road, Futian District

Shenzhen 518040

People’s Republic of China

     
     For Massive Sheen Investments Limited:      
    

Room 1210, 5# Champs Elysees Garden

Nongyuan Road, Futian District

Shenzhen 518040

People’s Republic of China

     
ITEM 2  

(c)

   CITIZENSHIP:      
    

Ms. Liang is a citizen of the People’s Republic of China.

Massive Sheen Investments Limited is a British Virgin Islands corporation.

     
ITEM 2  

(d).

   TITLE OF CLASS OF SECURITIES:      
     Common Shares      
ITEM 2  

(e).

   CUSIP NUMBER:      
     92833U 10 3      
ITEM 3.      STATEMENT FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b) or (c):      
     Not applicable.      


CUSIP NO. 92833U 10 3   Schedule 13G   Page 5 of 6 Pages

 

ITEM 4.    OWNERSHIP.      

 

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:

Yanqing Liang

   4,557,700    6.3 %   4,557,700    —      4,557,700    —  

Massive Sheen Investments Limited

   4,557,700    6.3 %   4,557,700    —      4,557,700    —  
   Massive Sheen Investments Limited is the record holder of 4,557,700 Common Shares of the Issuer. Ms. Liang is the sole director and the sole beneficial owner of Massive Sheen Investments Limited. Pursuant to Rule 13d-3 under the Act, Ms. Liang may be deemed to be the beneficial owner of the Common Shares of the Issuer owned by Massive Sheen Investments Limited. Massive Sheen Investments Limited and Ms. Liang may also be deemed to be a group as defined in Rule 13d-5(b) under the Act, and each member of such group may be deemed to beneficially own the Common Shares beneficially owned by other members constituting such group.
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 5 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.      
   Not applicable      
ITEM 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.      
   The members of this group are set forth as reporting persons on Schedule 13G.      
ITEM 9.    NOTICE OF DISSOLUTION OF GROUP.      
   Not applicable      
ITEM 10.    CERTIFICATION.      
   Not applicable      


CUSIP NO. 92833U 10 3   Schedule 13G   Page 6 of 6 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: February 13, 2009

 

Massive Sheen Investments Limited
By:  

/s/ Yanqing Liang

  Yanqing Liang
  Director
Yanqing Liang

/s/ Yanqing Liang

Yanqing Liang