If the filing person has
previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
¨
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).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently
valid OMB control number.
CUSIP No. 16951C108
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1.
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Names of
Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Mr. Chuanwei Zhang
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
(a)
x
(b)
¨
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3.
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SEC Use Only
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4.
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Source of Funds (See
Instructions):
N/A
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5.
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Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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6.
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Citizenship or Place of
Organization:
Peoples Republic of China
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7.
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Sole Voting Power
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8.
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Shared Voting Power
0
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9.
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Sole Dispositive Power
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10.
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Shared Dispositive Power
0
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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12.
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Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)
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13.
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Percent of Class Represented by Amount
in Row (11)
0
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14.
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Type of Reporting Person (See
Instructions)
IN
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2
CUSIP No. 16951C108
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1.
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Names of
Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
First Windy Investment Corp.
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
(a)
x
(b)
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3.
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SEC Use Only
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4.
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Source of Funds (See
Instructions):
N/A
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5.
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Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨
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6.
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Citizenship or Place of
Organization
British Virgin Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7.
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Sole Voting Power
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8.
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Shared Voting Power
0
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9.
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Sole Dispositive Power
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10.
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Shared Dispositive Power
0
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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12.
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Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)
¨
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13.
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Percent of Class Represented by Amount
in Row (11)
0
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14.
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Type of Reporting Person (See
Instructions)
CO
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3
CUSIP No. 16951C108
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1.
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Names of
Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Ms. Ling Wu
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
(a)
x
(b)
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3.
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SEC Use Only
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4.
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Source of Funds (See
Instructions):
N/A
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5.
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Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨
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6.
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Citizenship or Place of
Organization
Saint Christopher and Nevis
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7.
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Sole Voting Power
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8.
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Shared Voting Power
0
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9.
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Sole Dispositive Power
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10.
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Shared Dispositive Power
0
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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12.
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Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)
¨
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13.
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Percent of Class Represented by Amount
in Row (11)
0
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14.
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Type of Reporting Person (See
Instructions)
IN
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4
CUSIP No. 16951C108
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1.
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Names of
Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Rich Wind Energy Three Corp.
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2.
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Check the Appropriate Box if a Member
of a Group (See Instructions)
(a)
x
(b)
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3.
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SEC Use Only
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4.
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Source of Funds (See
Instructions):
N/A
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5.
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Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨
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6.
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Citizenship or Place of
Organization:
British Virgin Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7.
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Sole Voting Power
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8.
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Shared Voting Power
0
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9.
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Sole Dispositive Power
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10.
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Shared Dispositive Power
0
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
0
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12.
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Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)
¨
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13.
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Percent of Class Represented by Amount
in Row (11)
0
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14.
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Type of Reporting Person (See
Instructions)
CO
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5
Introductory Statement
This Amendment No. 4 to Schedule 13D (the Amendment) is filed jointly by Mr. Chuanwei Zhang (Mr. Zhang), First Windy Investment Corp.
(First Windy), Ms. Ling Wu (Ms. Wu) and Rich Wind Energy Three Corp. (Rich Wind, and together with Mr. Zhang, First Windy and Ms. Wu, the Reporting Persons) and hereby amends and supplements the
Schedule 13D initially filed by the Reporting Persons with the United States Securities and Exchange Commission (the SEC) on August 16, 2012, as amended and supplemented by Amendment No. 1 filed by the Reporting Persons with the SEC on
June 19, 2015, Amendment No. 2 filed by the Reporting Persons with the SEC on November 2, 2015, and Amendment No. 3 filed by the Reporting Persons with the SEC on February 2, 2016, respectively (as so amended, the Original Schedule 13D,
and as amended and supplemented by this Amendment, the Schedule 13D) with respect to the ordinary shares, par value US$0.001 per share (the Ordinary Shares), of China Ming Yang Wind Power Group Limited, a Cayman Islands
company (the Issuer). The Ordinary Shares are represented by American Depositary Shares (ADSs), with each ADS representing one Ordinary Share. Information reported in the Original Schedule 13D with respect to the Reporting
Persons remains in effect except to the extent that it is amended or superseded by information contained in this Amendment. Capitalized terms used in this Amendment but not otherwise defined herein shall have the meanings ascribed to such terms in
the Original Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is hereby amended and supplemented by adding the following at the end thereof:
On June 22, 2016, the Reporting Persons, together with the Rollover Shareholders, entered into an amended and restated Rollover Agreement with Parent (the
Amended Rollover Agreement), pursuant to which the Rollover Shareholders agreed to convert, for nil consideration, 71,250,555 Ordinary Shares beneficially owned by them, including Ordinary Shares represented by ADSs, into newly issued
ordinary shares of the Surviving Company at the effective time of the Merger. The description of the Amended Rollover Agreement contained herein is qualified in its entirety by reference to Exhibit L, which Exhibit is incorporated herein by
reference.
Item 4. Purpose of Transaction
Item
4 is hereby amended and supplemented by adding the following at the end thereof:
On June 6, 2016, an extraordinary general meeting of the
shareholders of the Issuer was held at 9:00 a.m. (Hong Kong time) at Mingyang Industry Park, 22 Torch Road, Torch Development Zone, Zhongshan, Guangdong, Peoples Republic of China. At the extraordinary general meeting, the shareholders of the
Issuer authorized and approved the Merger Agreement, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the Cayman Registrar) in connection with the Merger (the Plan of Merger) and
the transactions contemplated by the Merger Agreement and the Plan of Merger (collectively, the Transactions), including the Merger, and authorized each of the members of the special committee of the board of directors of the Company,
the chief executive officer of the Company and the chief financial officer of the Company to do all things necessary to give effect to the Merger Agreement, the Plan of Merger and the Transactions, including the Merger.
On June 22, 2016, the Issuer and Merger Sub filed the Plan of Merger with the Cayman Islands Registrar of Companies, which was registered by
the Cayman Islands Registrar of Companies as of June 22, 2016, pursuant to which the Merger became effective on June 22, 2016. As a result of the Merger, the Company will continue its operations as a subsidiary of Parent.
On June 22, 2016, the members of the Consortium entered into an amended and restated consortium agreement (the Amended Consortium
Agreement) relating to the Proposed Transaction to reflect, among other things, the change in the number of rollover shares and the consequential changes to the capitalization of the Surviving Company. The description of the Amended Consortium
Agreement contained herein is qualified in its entirety by reference to Exhibit M, which Exhibit is incorporated herein by reference.
6
At the Effective Time, each option to purchase Shares (the Company Option) under the
Share Incentive Plan that is then vested, outstanding and unexercised was cancelled and the former holder thereof shall have the right to receive as soon as practicable following the Effective Time an amount in cash equal to the excess of US$2.51
over the applicable per share exercise price of such Company Option multiplied by the number of Shares underlying such Company Option, without interest and net of any applicable withholding taxes. If consented to by the holder of such unvested
Company Option, each Company Option under the Share Incentive Plan that was unvested and outstanding immediately prior to the Effective Time was cancelled without any payment therefor with such cancellation effective as of the Effective Time. In
consideration for the cancellation of the unvested Company Options, each former holder has the opportunity to purchase (the Purchase Opportunity), as soon as is practicable following the Effective Time, that number of the Surviving
Companys ordinary shares that is equal to the aggregate spread value of his or her cancelled unvested Company Options immediately prior to the Merger by paying US$0.001 per ordinary share of the Surviving Company (which amount represents the
par value of an ordinary share of the Surviving Company). The spread value of an unvested Company Option will be calculated as US$2.51 minus the per share exercise price of the unvested Company Option multiplied by the number of the
Companys Shares that were subject to the unvested Company Option immediately prior to the Effective Time. If a holder of an unvested Company Option did not consent to the treatment described above, such holders Company Options were
treated as vested Company Options.
Following the completion of the Merger, the Issuer will cease to have ADSs listed on any securities
exchange or quotation system, including the NYSE after the filing of Form 25. In addition, ninety (90) days after the filing of Form 15 in connection with the completion of the Merger or such other period as may be determined by the SEC,
registration of the ADSs under the Securities Exchange Act of 1934, as amended, will be terminated.
As a result of these transactions,
the Reporting Persons no longer beneficially own any Shares.
Item 5. Interest in Securities of the Issuer
Section (c) of Item 5 is hereby amended and supplemented as follows:
(a)-(b) As of the date of this statement, the Reporting Persons do not beneficially own any Shares or have any voting power or dispositive
power over any Shares.
(c) To the best knowledge of the Reporting Persons, except as described herein, none of the Reporting Persons has
effected any transaction in the Ordinary Shares during the 60-day period prior to the filing of this Amendment No. 3.
Item 7. Material to Be
Filed as Exhibits
Item 7 is hereby amended and supplemented by adding the following exhibit:
Exhibit L Amended and Restated Consortium Agreement by and among the Reporting Persons and the Sponsors, dated June 22, 2016
Exhibit M Amended and Restated Rollover Agreement by and among the Parent and the Rollover Shareholders, dated June 22, 2016
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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.
Date: June 22, 2016
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Chuanwei Zhang
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/s/ Chuanwei Zhang
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Chuanwei Zhang
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First Windy Investment Corp.
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By:
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/s/ Chuanwei Zhang
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Name:
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Chuanwei Zhang
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Title:
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Sole Director
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Ling Wu
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/s/ Ling Wu
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Ling Wu
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Rich Wind Energy Three Corp.
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By:
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/s/ Ling Wu
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Name:
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Ling Wu
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Title:
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Sole Director
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8