UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Giant Interactive Group Inc.
(Name of Issuer)
 
Ordinary Shares*
(Title of Class of Securities)

374511103**
(CUSIP Number)

December 31, 2011
(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.

* 
Not for trading, but only in connection with the registration of American Depositary Shares each representing 1 ordinary share.

** 
This CUSIP applies to the American Depositary Shares.

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. 374511103
SCHEDULE 13G
Page 2 of 9 Pages
1
NAMES OF REPORTING PERSONS/
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Yuzhu Shi
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
   
 
131,228,5401
6
SHARED VOTING POWER
   
 
0
7
SOLE DISPOSITIVE POWER
   
 
131,228,540
8
SHARED DISPOSITIVE POWER
   
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
131,228,540
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
55.79%2
12
TYPE OF REPORTING PERSON*
   
 
IN
 
1
 Includes (i) 102,000,000 ordinary shares held by Union Sky Holding Group Limited, a company owned by Mr. Yuzhu Shi; and (ii) 24,690,687 ordinary shares and 4,537,853 American Depository Shares (“ADSs”) held by Vogel Holding Group Limited, a company owned by Yuzhu Shi’s daughter, Ms. Jing Shi, for which Mr. Shi exercises sole voting and dispositive power.
 
2
Percentage ownership reported based on 235,234,959 shares represented by the Issuer as outstanding as of December 31, 2011, and does not include 33,620,785 ADSs repurchased by the Issuer and 4,254,882 unissued shares under the Issuer’s 2007 performance incentive plan.
 
 
 
 
 
CUSIP No. 374511103
SCHEDULE 13G
Page 3 of 9 Pages
1
NAMES OF REPORTING PERSONS/
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Union Sky Holding Group 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
   
 
102,000,000
6
SHARED VOTING POWER
   
 
0
7
SOLE DISPOSITIVE POWER
   
 
102,000,000
8
SHARED DISPOSITIVE POWER
   
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
102,000,000
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
43.36%1
12
TYPE OF REPORTING PERSON*
   
 
CO
 
1
Percentage ownership reported based on 235,234,959 shares represented by the Issuer as outstanding as of December 31, 2011, and does not include 33,620,785 ADSs repurchased by the Issuer and 4,254,882 unissued shares under the Issuer’s 2007 performance incentive plan.
 
 
 
 

CUSIP No. 374511103
SCHEDULE 13G
Page 4 of 9 Pages
1
NAMES OF REPORTING PERSONS/
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Vogel Holding Group 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
   
 
29,228,540
6
SHARED VOTING POWER
   
 
0
7
SOLE DISPOSITIVE POWER
   
 
29,228,540
8
SHARED DISPOSITIVE POWER
   
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
 
29,228,540
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
   
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
 
12.43%1
12
TYPE OF REPORTING PERSON*
   
 
CO

1
Percentage ownership reported based on 235,234,959 shares represented by the Issuer as outstanding as of December 31, 2011, and does not include 33,620,785 ADSs repurchased by the Issuer and 4,254,882 unissued shares under the Issuer’s 2007 performance incentive plan.

 
 
 
 
CUSIP No. 374511103
SCHEDULE 13G
Page 5 of 9 Pages
 
Item 1
(a)
Name of Issuer:
     
   
Giant Interactive Group Inc. (“Issuer”)
     
Item 1
(b)
Address of Issuer’s Principal Executive Offices:
     
   
11/F No. 3 Building, 700 Yishan Road, Shanghai, 200233, People’s Republic of China
     
Item 2
(a)
Name of Person Filing:
     
   
Yuzhu Shi
   
Union Sky Holding Group Limited
   
Vogel Holding Group Limited
     
Item 2
(b)
Address of Principal Business Office or, If None, Residence; Citizenship
     
   
Yuzhu Shi
   
c/o Giant Interactive Group Inc.
   
11/F No. 3 Building
   
700 Yishan Road
   
Shanghai, 200233
   
People’s Republic of China
     
   
Union Sky Holding Group Limited
   
P.O. Box 957
   
Offshore Incorporations Centre
   
Road Town, Tortola
   
British Virgin Islands
     
   
Vogel Holding Group Limited
   
P.O. Box 957
   
Offshore Incorporations Centre
   
Road Town, Tortola
   
British Virgin Islands
     
Item 2
(c)
Citizenship
     
   
Yuzhu Shi - People’s Republic of China
     
   
Union Sky Holding Group Limited - British Virgin Islands
     
   
Vogel Holding Group Limited - British Virgin Islands
     
Item 2
(d)
Title of Class of Securities:
     
   
Ordinary shares, par value US$0.0000002
     
Item 2
(e)
CUSIP Number:
     
   
374511103
 
 
 
 
 
CUSIP No. 374511103
SCHEDULE 13G
Page 6 of 9 Pages
 
Item 3.
Statement Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c):
 
Not applicable.
 
Item 4.
Ownership

(a)     Amount Beneficially Owned:

                      
Shared
    
Sole power to
        
               
Sole power
    
power to
    
dispose or to
    
Shared power
  
   
Amount
          
to vote or
    
vote or
    
direct the
    
to dispose or to
  
   
beneficially
    
Percent
    
direct
    
to direct
    
disposition
    
direct the
  
Reporting Person
  
owned:
    
of class:
    
the vote:
    
the vote:
    
of:
    
disposition of:
  
Yuzhu Shi
   131,228,540       55.79 %   131,228,540       0     131,228,540       0  
   
ordinary
            
ordinary
            
ordinary
          
   
shares
            
shares
            
shares
          
Union Sky Holding Group Limited
   102,000,000       43.36 %   102,000,000       0     102,000,000       0  
   
ordinary
            
ordinary
            
ordinary
          
   
shares
            
shares
            
shares
          
Vogel Holding Group Limited
   29,228,540       12.43 %   29,228,540       0     29,228,540       0  
   
ordinary
            
ordinary
            
ordinary
          
   
shares
            
shares
            
shares
          

Percentage ownership reported based on 235,234,959 shares represented by the Issuer as outstanding as of December 31, 2011, and does not include 33,620,785 ADSs repurchased by the Issuer and 4,254,882 unissued shares under the Issuer’s 2007 performance incentive plan.

Union Sky Holding Group Limited is the record owner of 102,000,000 ordinary shares of the Issuer. Yuzhu Shi is the sole shareholder of Union Sky Holding Group Limited, and thereby may be deemed to beneficially own all of the shares held by Union Sky Holding Group Limited.

Vogel Holding Group Limited is the record owner of 29,228,540 ordinary shares of the Issuer. Vogel Holding Group Limited is owned by Mr. Shi’s daughter, Ms. Jing Shi. However, Mr. Shi exercises sole voting power and dispositive power for the shares, and thereby may be deemed to beneficially own all of the shares held by Vogel Holding Group Limited.

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

Not applicable.

 
 
 
 
CUSIP No. 374511103
SCHEDULE 13G
Page 7 of 9 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. In addition, by signing below, the undersigned agrees that this Schedule 13G may be filed jointly on behalf of each of the Reporting Persons.

Dated: January 20, 2012

Yuzhu Shi
 
/s/ Yuzhu Shi
 
Union Sky Holding Group Limited
   
By:
/s/ Yuzhu Shi
Title:
Director
Name: 
Yuzhu Shi
   
Vogel Holding Group Limited
   
By:
/s/ Yuzhu Shi
Name:
Yuzhu Shi
Title:
Authorized Signatory
 
 
 
 
 
CUSIP No. 374511103
SCHEDULE 13G
Page 8 of 9 Pages
 
LIST OF EXHIBITS

Exhibit No.
  
Description
A
  
Joint Filing Agreement
 
 
 
 
 
 
 
Page 9 of 9 Pages
 
EXHIBIT A

Joint Filing Agreement

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares, par value US$0.0000002, of Giant Interactive Group Inc., a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts all of which, taken together, shall constitute one and the same instrument.

Yuzhu Shi
 
/s/ Yuzhu Shi
 
Union Sky Holding Group Limited
   
By:
/s/ Yuzhu Shi
Title:
Director
Name:
Yuzhu Shi
   
Vogel Holding Group Limited
   
By:
/s/ Yuzhu Shi
Name:
Yuzhu Shi
Title:
Authorized Signatory