Edgar Filing: ReneSola Ltd

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c)

AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

ReneSola Ltd

(Name of Issuer)

Shares

(Title of Class of Securities)

G7500C 106

(CUSIP Number)

December 31, 2013

(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)

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).

(Continued on following pages)

CUSIP NO.: G7500C 106

(1)	NAME OF REPORTING PERSONS
	Deyi Shi (“Mr. Shi”)
(2)	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
				(a)	¨

				(b)	¨

(3)	SEC USE ONLY
(4)	CITIZENSHIP OR PLACE OF ORGANIZATION
	People’s Republic of China
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		(5)	SOLE VOTING POWER
			6,530,752 shares (consisting of 6,470,130 shares directly held and 60,622 shares beneficially owned by Mr. Shi through Superpower Investments Ltd. (“Superpower”) to which Mr. Shi is the settlor)
		(6)	SHARED VOTING POWER
			740,000 shares (consisting of 740,000 shares held by Mr. Shi’s daughter, Ms. Wendy Shi)
		(7)	SOLE DISPOSITIVE POWER
			6,530,752 shares (consisting of 6,470,130 shares directly held and 60,622 shares beneficially owned by Mr. Shi through Superpower to which Mr. Shi is the settlor)
		(8)	SHARED DISPOSITIVE POWER
			740,000 shares (consisting of 740,000 shares held by Mr. Shi’s daughter, Ms. Wendy Shi)
(9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	7,270,752 shares
(10)	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
	¨
(11)	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	3.6%
(12)	TYPE OF REPORTING PERSON*
	IN

Item 1(a).

Name of Issuer:

ReneSola Ltd (the “Issuer”)

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:

Shi Deyi

Item 2(b).

Address of Principal Business Office or, if None, Residence:

Mr. Shi’s address is c/o Block O, 5/F, Hongqiao Business Center, No. 2272 Hongqiao Road, Shanghai 200336, China.

Item 2(c).

Citizenship:

Mr. Shi is a citizen of the People’s Republic of China.

Item 2(d).

Title of Class of Securities:

Shares of no par value

Item 2(e).

CUSIP Number:

G7500C 106

Item 3.

Statement Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c):

Not Applicable

Item 4.

Ownership:

Number of shares as to which such person has:

Reporting Person

Amount Beneficially Owned

Percent of Class*

Sole Power to Vote or Direct the Vote

Shared Power to Vote or to Direct the Vote

Sole Power to Dispose or to Direct the Disposition of

Shared Power to Dispose or to Direct the Disposition of

Shi Deyi

7,270,752 shares⁽¹⁾

3.6%⁽¹⁾

6,530,752 shares⁽²⁾

740,000 shares⁽³⁾

6,530,752 shares⁽²⁾

740,000 shares⁽³⁾

Based on a total of 203,367,464 outstanding shares of the Issuer as of December 31, 2013.

(1)

In 2013, certain shares of the Issuer represented by American depositary shares (“ADSs”) beneficially owned by Mr. Shi held through Superpower and jointly held by Mr. Shi and his wife, Ms. Xiaohui Qiao, were disposed of. After the disposal, as of December 31, 2013, Mr. Shi no longer beneficially owned more than five percent of the Issuer’s securities.

(2)

Consists of 6,470,130 shares of the Issuer held by Mr. Shi and 60,622 shares of the Issuer beneficially owned by Mr. Shi through Superpower, a Cayman Islands company. Superpower is indirectly held by The Deyi Shi Trust of which Mr. Shi is the settlor. The trustee of The Deyi Shi Trust is Amicorp Trustees (Singapore) Limited. Pursuant to the trust deed dated July 31, 2013 between Mr. Shi and the trustee, Mr. Shi, as the settlor of the Trust, holds all the voting, investment and disposal powers over the securities held by Superpower. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, Mr. Shi is deemed to beneficially own all of the shares of the Issuer held by Superpower. The above shares are held in the form of ADSs.

(3)

Consists of 740,000 shares of the Issuer held by Mr. Shi’s daughter, Ms. Wendy Shi. Mr. Shi disclaims the beneficial ownership in the shares of the Issuer held by Ms. Wendy Shi. The above shares are held in the form of ADSs.

Item 5.

Ownership of Five Percent or Less of a Class:

As of December 31, 2013, Mr. Shi ceased to be the beneficial owner of more than five percent of the shares of the Issuer.

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 or Control Person:

Not applicable

Item 8.

Identification and Classification of Members of the Group:

Not applicable

Item 9.

Notice of Dissolution of Group:

Not applicable

Item 10.

Certifications:

Not applicable

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: January 21, 2014

	/s/ Deyi Shi
	Deyi Shi

[Signature Page to Schedule 13G]