Schedule 13G

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, 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.

 

*   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

 

            130,836,4741

 

  6    SHARED VOTING POWER

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

            130,836,474

 

  8    SHARED DISPOSITIVE POWER

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            130,836,474

   
10  

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

 

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            57.6%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 4,145,787 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 227,018,426 shares represented by the Issuer as outstanding as of December 31, 2008, and does not include 32,431,300 ADSs repurchased by the Issuer and 3,660,900 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)

 

            44.9%1

   
12  

TYPE OF REPORTING PERSON*

 

            CO

   

 

1

 

Percentage ownership reported based on 227,018,426 shares represented by the Issuer as outstanding as of December 31, 2008, and does not include 32,431,300 ADSs repurchased by the Issuer and 3,660,900 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

 

            28,836,474

 

  6    SHARED VOTING POWER

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

            28,836,474

 

  8    SHARED DISPOSITIVE POWER

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            28,836,474

   
10  

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

 

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            12.7%1

   
12  

TYPE OF REPORTING PERSON*

 

            CO

   

 

1

 

Percentage ownership reported based on 227,018,426 shares represented by the Issuer as outstanding as of December 31, 2008, and does not include 32,431,300 ADSs repurchased by the Issuer and 3,660,900 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:      
     2/F No. 29 Building, 396 Guilin 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.

2/F No. 29 Building

396 Guilin 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

 

American Depositary Shares

     
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:

  

 

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:

Yuzhu Shi

   130,836,474

ordinary

shares

   57.6%   130,836,474

ordinary

shares

   0    130,836,474

ordinary

shares

   0

Union Sky Holding Group Limited

   102,000,000

ordinary

shares

   44.9%   102,000,000

ordinary

shares

   0    102,000,000

ordinary

shares

   0

Vogel Holding Group Limited

   28,836,474
ordinary
shares
   12.7%   28,836,474
ordinary
shares
   0    28,836,474
ordinary
shares
   0

 

  

Percentage ownership reported based on 227,018,426 shares represented by the Issuer as outstanding as of December 31, 2008, and does not include 32,431,300 ADSs repurchased by the Issuer and 3,660,900 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 28,836,474 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: February 9, 2009

Yuzhu Shi

/s/ Yuzhu Shi

Union Sky Holding Group Limited
By:  

/s/ Yuzhu Shi

Name:   Yuzhu Shi
Title:   Director
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