SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(b),
(c) and (d) and Amendments Thereto Filed
Pursuant to Rule 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
ReneSola Ltd
- --------------------------------------------------------------------------------
(Name of Issuer)
Ordinary Shares
- --------------------------------------------------------------------------------
(Title of Class of Securities)
G7500C 106
- --------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2008
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 2
- --------------------------
- --------------------------------------------------------------------------------
1 Name of Reporting Person:
I.R.S. Identification No. of Above Person (Entities Only)
Ruixin Holdings Limited
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if A Member of A Group (a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
British Virgin Islands
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
37,454,939 ordinary shares
Shares ------------------------------------------------------
6 Shared Voting Power
Beneficially
0
Owned by ------------------------------------------------------
7 Sole Dispositive Power
Each
37,454,939 ordinary shares
Reporting ------------------------------------------------------
8 Shared Dispositive Power
Person With
0
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
37,454,939 ordinary shares
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount In Row 9
27.2%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
CO
- --------------------------------------------------------------------------------
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 3
- --------------------------
- --------------------------------------------------------------------------------
1 Name of Reporting Person:
I.R.S. Identification No. of Above Person (Entities Only)
Xianshou Li
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
23,266,229 ordinary shares
Shares -------------------------------------------------------------------
6 Shared Voting Power
Beneficially
14,188,710 ordinary shares (consisting of 13,053,614 and
Owned by 1,135,096 ordinary shares beneficially owned by Mr.
Zhengmin Lian and Mr. Xiangjun Dong, respectively, which
Each are expressly disclaimed by Mr. Xianshou Li)
Reporting -------------------------------------------------------------------
7 Sole Dispositive Power
Person With 23,266,229 ordinary shares
-------------------------------------------------------------------
8 Shared Dispositive Power
14,188,710 ordinary shares (consisting of 13,053,614 and
1,135,096 ordinary shares beneficially owned by Mr.
Zhengmin Lian and Mr. Xiangjun Dong, respectively, which
are expressly disclaimed by Mr. Xianshou Li)
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
37,454,939 ordinary shares
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount In Row 9
27.2%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 4
- --------------------------
- --------------------------------------------------------------------------------
1 Name of Reporting Person:
I.R.S. Identification No. of Above Person (Entities Only)
Zhengmin Lian
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
0
Shares ------------------------------------------------------
6 Shared Voting Power
Beneficially
13,053,614 ordinary shares
Owned by ------------------------------------------------------
7 Sole Dispositive Power
Each
0
Reporting ------------------------------------------------------
8 Shared Dispositive Power
Person with
13,053,614 ordinary shares
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
13,053,614 ordinary shares
- --------------------------------------------------------------------------------
10 Check if the Aggregate Amount in Row (9) Excludes Certain
Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount In Row 9
9.5%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 5
- --------------------------
ITEM 1(a). NAME OF ISSUER:
---------------
ReneSola Ltd
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
------------------------------------------------
No. 8 Baoqun Road
Yaozhuang County, Jiashan Town
Zhejiang Province 314117
People's Republic of China
ITEM 2(a). NAME OF PERSON FILING:
----------------------
Ruixin Holdings Limited
Xianshou Li
Zhengmin Lian
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
-------------------------------------------------------------
Ruixin Holdings Limited
Craigmuir Chambers, Road Town, Tortola, British Virgin Islands
Xianshou Li
No. 8 Baoqun Road
Yaozhuang Industrial Park, Jiashan County
Zhejiang Province 314117
People's Republic of China
Zhengmin Lian
No. 8 Baoqun Road
Yaozhuang Industrial Park, Jiashan County
Zhejiang Province 314117
People's Republic of China
ITEM 2(c) CITIZENSHIP:
------------
The place of organization of Ruixin Holdings Limited is the
British Virgin Islands.
Xianshou Li is a citizen of the People's Republic of China.
Zhengmin Lian is a citizen of the People's Republic of China.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
-----------------------------
Ordinary Share of no par value
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 6
- --------------------------
ITEM 2(e). CUSIP NUMBER:
-------------
G7500C 106
ITEM 3. Not Applicable
--------------
ITEM 4. OWNERSHIP:
----------
The following information with respect to the ownership of the
ordinary shares of the issuer by the reporting person is
provided as of December 31, 2008:
Shared power
Shared to dispose
power to Sole power to or to direct
Amount Percent Sole power to vote or to dispose or to the
beneficially of vote or direct direct the direct the disposition
Reporting Person owned: class: the vote: vote: disposition of: of:
---------------- ------ ------ --------- ----- --------------- ---
37,454,939 37,454,939 37,454,939
Ruixin Holdings Limited ordinary shares 27.2% ordinary shares 0 ordinary shares 0
14,188,710 14,188,710
37,454,939 23,266,229 ordinary 23,266,229 ordinary
Xianshou Li ordinary shares* 27.2% ordinary shares shares* ordinary shares shares*
13,053,614 13,053,614
13,053,614 ordinary ordinary
Zhengmin Lian ordinary shares** 9.5% 0 shares** 0 shares**
- -------------------
* Includes 13,053,614 and 1,135,096 ordinary shares beneficially owned by
Mr. Zhengmin Lian and Mr. Xiangjun Dong, respectively, while the legal
ownership and voting rights to those shares are held by Ruixin Holdings
Limited under a trust agreement entered into among Mr. Xianshou Li, Mr.
Zhengmin Lian, Mr. Xiangjun Dong and Mr. Yuncai Wu on May 2, 2006.
** Consists of 13,053,614 ordinary shares which legal ownership and voting
rights are held by Ruixin Holdings Limited under a trust agreement entered
into among Mr. Xianshou Li, Mr. Zhengmin Lian, Mr. Xiangjun Dong and Mr.
Yuncai Wu on May 2, 2006.
Ruixin Holdings Limited, a British Virgin Islands company, is
the record owner of 37,454,939 ordinary shares of ReneSola
Ltd. Mr. Xianshou Li is the sole shareholder of Ruixin
Holdings Limited. Pursuant to Section 13(d) of the Securities
Exchange Act of 1934, as amended, and the rules promulgated
thereunder, Mr. Xianshou Li may be deemed to beneficially own
all of the shares of ReneSola Ltd held by Ruixin Holdings
Limited. Mr. Xianshou Li disclaims the 13,053,614 and
1,135,096 ordinary shares beneficially owned by Mr. Zhengmin
Lian and Mr. Xiangjun Dong, respectively.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
---------------------------------------------
Not applicable
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 7
- --------------------------
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
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 8
- --------------------------
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 10, 2009
Ruixin Holdings Limited By: /s/ Xianshou Li
------------------------------------------
Name: Xianshou Li
Title: Director
Xianshou Li By: /s/ Xianshou Li
------------------------------------------
Zhengmin Lian By: /s/ Zhengmin Lian
------------------------------------------
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 9
- --------------------------
Joint Filing Agreement
----------------------
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange
Act of 1934, as amended, the undersigned hereby agree to the joint filing with
all other Reporting Persons (as such term is defined in the Schedule 13G
referred to below) on behalf of each of them of a statement on Schedule 13G
(including amendments thereto) with respect to the Ordinary Shares of no par
value, of ReneSola, a British Virgin Islands company, and that this Agreement
may be included as an Exhibit to such joint filing.
This Agreement may be executed in any number of counterparts, all of which
taken together shall constitute one and the same instrument.
[Remainder of this page has been left intentionally blank.]
- --------------------------
CUSIP NO. G7500C 106 Schedule 13 G 10
- --------------------------
Signature Page to Joint Filing Agreement
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of
February 10, 2009.
Ruixin Holdings Limited By: /s/ Xianshou Li
----------------------------------------
Name: Xianshou Li
Title: Director
Xianshou Li By: /s/ Xianshou Li
----------------------------------------
Zhengmin Lian By: /s/ Zhengmin Lian
----------------------------------------