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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.  )*

HiSoft Technology International Limited
(Name of Issuer)
American Depository Shares (ADS)
Each Representing Nineteen Common Shares, par value $0.0001 per share
(Title of Class of Securities)
43358R 10 8
(CUSIP Number)
December 31, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ 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 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).

 
 


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Granite Global Ventures (Q.P.) L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,794,279 ADS representing 34,091,301 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,794,279 ADS representing 34,091,301 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,794,279 ADS representing 34,091,301 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.2%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN
(1) This statement on Schedule 13G is filed by Granite Global Ventures (Q.P.) L.P., Granite Global Ventures L.P., Granite Global Ventures L.L.C., Granite Global Ventures II L.P., GGV II Entrepreneurs Fund L.P., Granite Global Ventures II L.L.C., Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas K. Ng and Ms. Jenny Lee (collectively, the “Reporting Persons”). These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of American Depository Shares (“ADS”) representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P. and (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS) and (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M . Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 2


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Granite Global Ventures L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,794,279 ADS representing 34,091,301 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,794,279 ADS representing 34,091,301 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,794,279 ADS representing 34,091,301 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.2%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of American Depository Shares (“ADS”) representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P. and (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS) and (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellm an, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 3


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Granite Global Ventures L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,794,279 ADS representing 34,091,301 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,794,279 ADS representing 34,091,301 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,794,279 ADS representing 34,091,301 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.2%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of American Depository Shares (“ADS”) representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P. and (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS) and (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellm an, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 4


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Granite Global Ventures II L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,597,212 ADS representing 30,347,028 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,597,212 ADS representing 30,347,028 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,597,212 ADS representing 30,347,028 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
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. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (ii) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (ii) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D . Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 5


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
GGV II Entrepreneurs Fund L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,597,212 ADS representing 30,347,028 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,597,212 ADS representing 30,347,028 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,597,212 ADS representing 30,347,028 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
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. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (ii) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (ii) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D . Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 6


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Granite Global Ventures II L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware, United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,597,212 ADS representing 30,347,028 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,597,212 ADS representing 30,347,028 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,597,212 ADS representing 30,347,028 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  5.5%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (ii) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (ii) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D . Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 7


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Ray A. Rothrock
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,391,491 ADS representing 64,438,329 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,391,491 ADS representing 64,438,329 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,391,491 ADS representing 64,438,329 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.7%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of ADS representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P., (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P., (iii) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (iv) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS), (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS); (iii) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (iv) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to dire ct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no sec urities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by G ranite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 8


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Anthony Sun
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,391,491 ADS representing 64,438,329 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,391,491 ADS representing 64,438,329 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,391,491 ADS representing 64,438,329 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.7%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of ADS representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P., (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P., (iii) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (iv) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS), (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS); (iii) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (iv) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to dire ct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no sec urities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by G ranite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 9


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Scott B. Bonham
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,391,491 ADS representing 64,438,329 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,391,491 ADS representing 64,438,329 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,391,491 ADS representing 64,438,329 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.7%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of ADS representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P., (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P., (iii) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (iv) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS), (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS); (iii) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (iv) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 10


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Joel D. Kellman
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,391,491 ADS representing 64,438,329 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,391,491 ADS representing 64,438,329 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,391,491 ADS representing 64,438,329 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.7%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of ADS representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P., (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P., (iii) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (iv) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS), (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS); (iii) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (iv) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 11


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Hany M. Nada
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,391,491 ADS representing 64,438,329 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,391,491 ADS representing 64,438,329 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,391,491 ADS representing 64,438,329 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.7%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of ADS representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P., (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P., (iii) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (iv) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS), (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS); (iii) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (iv) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 12


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Thomas K. Ng
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,391,491 ADS representing 64,438,329 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    3,391,491 ADS representing 64,438,329 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,391,491 ADS representing 64,438,329 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.7%(3)
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
(1) This statement on Schedule 13G is filed by the Reporting Persons. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,764,137 shares of ADS representing 33,518,603 common shares held by Granite Global Ventures (Q.P.) L.P., (ii) 30,142 shares of ADS representing 572,698 common shares held by Granite Global Ventures L.P., (iii) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (iv) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures (Q.P.) L.P. holds 5 common shares (representing a fractional 0.3 ADS), (ii) Granite Global Ventures L.P. holds 15 common shares (representing a fractional 0.8 ADS); (iii) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (iv) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 13


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Jixun Foo
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Singapore
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,597,212 ADS representing 30,347,028 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,597,212 ADS representing 30,347,028 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,597,212 ADS representing 30,347,028 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
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. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (ii) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (ii) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 14


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Glenn Solomon
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States of America
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,597,212 ADS representing 30,347,028 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,597,212 ADS representing 30,347,028 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,597,212 ADS representing 30,347,028 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
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. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (ii) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (ii) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 15


 

                     
CUSIP No.
 
43358R 10 8 
 

 

           
1   NAMES OF REPORTING PERSONS
Jenny Lee
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   þ(1)
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Singapore
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,597,212 ADS representing 30,347,028 common shares (2)
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,597,212 ADS representing 30,347,028 common shares (2)
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,597,212 ADS representing 30,347,028 common shares (2)
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
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. These Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2) Consists of (i) 1,564,470 shares of ADS representing 29,724,930 common shares held by Granite Global Ventures II L.P., and (ii) 32,742 shares of ADS representing 622,098 common shares held by GGV II Entrepreneurs Fund L.P. In addition, (i) Granite Global Ventures II L.P. holds 4 common shares (representing a fractional 0.2 ADS), and (ii) GGV II Entrepreneurs Fund L.P. holds 10 common shares (representing a fractional 0.5 ADS). Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
(3) This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.

Page 16


 

                     
CUSIP No.
 
43358R 10 8 
 
Introductory Note: This statement on Schedule 13G is filed on behalf of the Reporting Persons, in respect of ADS of HiSoft Technology International Limited (the “Issuer”). Each ADS represents 19 common shares, par value $0.0001 per share, of the Issuer.
Item 1(a). Name of Issuer:
HiSoft Technology International Limited
Item 1(b).  
Address of Issuer’s Principal Executive Officers:
33 Lixian Street
Qixianling Industrial Base
Hi-Tech Zone, Dalian 116023
People’s Republic of China
Item 2(a).  
Name of Person(s) Filing:
Granite Global Ventures (Q.P.) L.P.
Granite Global Ventures L.P.
Granite Global Ventures L.L.C.
Granite Global Ventures II L.P.
GGV II Entrepreneurs Fund L.P.
Granite Global Ventures II L.L.C.
Ray A. Rothrock
Anthony Sun
Scott B. Bonham
Joel D. Kellman
Jixun Foo
Glenn Solomon
Hany M. Nada
Thomas K. Ng
Jenny Lee
Item 2(b).  
Address of Principal Business Office:
GGV Capital
2494 Sand Hill Road, Suite 100
Menlo Park, California 94025
United States of America
Item 2(c).  
Citizenship or Place of Organization:
         
Name   Citizenship or Place of Organization
1.
  Granite Global Ventures (Q.P.) L.P.   Delaware, United States of America
2.
  Granite Global Ventures L.P.   Delaware, United States of America
3.
  Granite Global Ventures L.L.C.   Delaware, United States of America
4.
  Granite Global Ventures II L.P.   Delaware, United States of America
5.
  GGV II Entrepreneurs Fund L.P.   Delaware, United States of America
6.
  Granite Global Ventures II L.L.C.   Delaware, United States of America
7.
  Ray A. Rothrock   United States of America
8.
  Anthony Sun   United States of America
9.
  Scott B. Bonham   Canada
10.
  Joel D. Kellman   United States of America
11.
  Jixun Foo   Singapore
12.
  Glenn Solomon   United States of America
13.
  Hany M. Nada   United States of America
14.
  Thomas K. Ng   United States of America
15.
  Jenny Lee   Singapore

 

Page 17


 

                     
CUSIP No.
 
43358R 10 8 
 
Item 2(d).  
Title of Class of Securities:
American Depository Shares. Each American Depository Share represents 19 common shares, par value $0.0001 per share, of the Issuer.
Item 2(e).  
CUSIP Number:
43358R 10 8
Item 3.  
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
Not applicable.
Item 4(a).  
Amount Beneficially Owned:
Item 4(b).  
Percent of Class:
Item 4(c).  
Number of shares as to which such persons have:
The following information with respect to the ownership of the ADS of the Issuer by the Reporting Persons filing this statement on Schedule 13G as of December 31, 2010:
                                                         
            Sole     Shared     Sole     Shared              
    Shares Held     Voting     Voting     Dispositive     Dispositive     Beneficial     Percentage of Class  
Reporting Persons   Directly     Power     Power (1)     Power     Power (1)     Ownership (1)     (1, 3)  
Granite Global Ventures (Q.P.) L.P.
    1,764,137       0       1,794,279       0       1,794,279       1,794,279       6.2 %
Granite Global Ventures L.P.
    30,142       0       1,794,279       0       1,794,279       1,794,279       6.2 %
Granite Global Ventures L.L.C.
    0       0       1,794,279       0       1,794,279       1,794,279       6.2 %
Granite Global Ventures II L.P.
    1,564,470       0       1,597,212       0       1,597,212       1,597,212       5.5 %
GGV II Entrepreneurs Fund L.P.
    32,742       0       1,597,212       0       1,597,212       1,597,212       5.5 %
Granite Global Ventures II L.L.C.
    0       0       1,597,212       0       1,597,212       1,597,212       5.5 %
Ray A. Rothrock
    0       0       3,391,491       0       3,391,491       3,391,491       11.7 %
Anthony Sun
    0       0       3,391,491       0       3,391,491       3,391,491       11.7 %
Scott B. Bonham
    0       0       3,391,491       0       3,391,491       3,391,491       11.7 %
Joel D. Kellman
    0       0       3,391,491       0       3,391,491       3,391,491       11.7 %
Jixun Foo
    0       0       1,597,212       0       1,597,212       1,597,212       5.5 %
Glenn Solomon
    0       0       1,597,212       0       1,597,212       1,597,212       5.5 %
Hany M. Nada
    0       0       3,391,491       0       3,391,491       3,391,491       11.7 %
Thomas K. Ng
    0       0       3,391,491       0       3,391,491       3,391,491       11.7 %
Jenny Lee
    0       0       1,597,212       0       1,597,212       1,597,212       5.5 %
     
(1)  
Represents the number of ADS currently held by the Reporting Persons.
 
(2)  
Granite Global Ventures L.L.C. is the sole general partner of Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. As such, Granite Global Ventures L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Granite Global Ventures L.L.C. owns no securities of the Issuer directly. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony

 

Page 18


 

                     
CUSIP No.
 
43358R 10 8 
 
     
   
Sun and Ray Rothrock are members of the investment committee of Granite Global Ventures L.L.C. As such, Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock possess power to direct the voting and disposition of the shares owned by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures (Q.P.) L.P. and Granite Global Ventures L.P. Messrs. Scott B. Bonham, Joel D. Kellman, Hany M. Nada, Thomas K. Ng, Anthony Sun and Ray Rothrock own no securities of the Issuer directly. Granite Global Ventures II L.L.C. is the sole general partner of Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. As such, Granite Global Ventures II L.L.C. possesses power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Granite Global Ventures II L.L.C. owns no securities of the Issuer directly. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee are members of the investment committee of Granite Global Ventures II L.L.C. As such, Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee possess power to direct the voting and disposition of the shares owned by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by Granite Global Ventures II L.P. and GGV II Entrepreneurs Fund L.P. Messrs. Ray A. Rothrock, Anthony Sun, Scott B. Bonham, Joel D. Kellman, Jixun Foo, Glenn Solomon, Hany M. Nada, Thomas, K. Ng, and Ms. Jenny Lee own no securities of the Issuer directly.
 
(3)  
This percentage is calculated based upon 28,884,265 ADS (representing 548,801,034 common shares) of the Issuer outstanding as set forth in the Issuer’s FORM 424(B)(4), filed with the Securities and Exchange Commission on December 20, 2010.
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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: o
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:
Not applicable.
Item 9.  
Notice of Dissolution of Group:
Not applicable.
Item 10.  
Certification:
Not applicable.

 

Page 19


 

                     
CUSIP No.
 
43358R 10 8 
 
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 2, 2011
         
GRANITE GLOBAL VENTURES (Q.P.) L.P.
GRANITE GLOBAL VENTURES L.P.  
   
BY:  GRANITE GLOBAL VENTURES L.L.C.   
ITS:  GENERAL PARTNER   
     
         
     
By:   /s/ Hany M. Nada      
  Hany M. Nada     
  Managing Director     
         
GRANITE GLOBAL VENTURES L.L.C.
 
   
By:   /s/ Hany M. Nada      
  Hany M. Nada     
  Managing Director     
         
GRANITE GLOBAL VENTURES II L.P.
GGV II ENTREPRENEURS FUND L.P.
   
BY: GRANITE GLOBAL VENTURES II L.L.C.    
ITS: GENERAL PARTNER    
 
By:   /s/ Hany M. Nada      
  Hany M. Nada     
  Managing Director     
         
GRANITE GLOBAL VENTURES II L.L.C.
 
   
By:   /s/ Hany M. Nada      
  Hany M. Nada     
  Managing Director     
         
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Ray A. Rothrock
 
 
/s/ Hany M. Nada     
Hany M. Nada as Attorney-in-fact for Anthony Sun   
 
     
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Scott B. Bonham     
     
     
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Joel D. Kellman     
     
     
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Jixun Foo     
     
     
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Glenn Solomon     
     

 

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CUSIP No.
 
43358R 10 8 
 
         
         
     
/s/ Hany M. Nada      
Hany M. Nada     
     
     
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Thomas K. Ng     
     
     
/s/ Hany M. Nada      
Hany M. Nada as Attorney-in-fact for Jenny Lee     
     
Exhibit(s):
     
Exhibit 99.1:
  Joint Filing Statement
Exhibit A:
  Power of Attorney

 

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