SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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.              )*

 

 

 

 

AirMedia Group Inc.

(Name of Issuer)

 

 

Ordinary Shares

(Title of Class of Securities)

 

 

G0135J 109

(CUSIP Number)

 

 

December 31, 2007

(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. G0135J 109

 

   13G    Page 2 of 6 Pages
  1  

Name of Reporting Person

 

            Qing Xu

   
  2  

Check the Appropriate Box if A Member of A Group

(a)   ¨

(b)   x

   
  3  

SEC Use Only

 

   
  4  

Citizenship or Place of Organization

 

            People’s Republic of China

   

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With  

 

 

  5    Sole Voting Power

 

            6,950,560 ordinary shares

 

  6    Shared Voting Power

 

            0

 

  7    Sole Dispositive Power

 

            6,950,560 ordinary shares

 

  8    Shared Dispositive Power

 

            0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            6,950,560 ordinary shares

   
10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 

 

¨

 

11  

Percent of Class Represented By Amount In Row 9

 

            5.2 %

   
12  

Type of Reporting Person

 

            IN

   

 


CUSIP No. G0135J 109

 

   13G    Page 3 of 6 Pages
  1  

Name of Reporting Person

 

            Mambo Fiesta Limited

   
  2  

Check the Appropriate Box if A Member of A Group

(a)   ¨

(b)   x

   
  3  

SEC Use Only

 

   
  4  

Citizenship or Place of Organization

 

            British Virgin Islands

   

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With  

 

 

  5    Sole Voting Power

 

            6,950,560 ordinary shares

 

  6    Shared Voting Power

 

            0

 

  7    Sole Dispositive Power

 

            6,950,560 ordinary shares

 

  8    Shared Dispositive Power

 

            0

  9  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            6,950,560 ordinary shares

   
10  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 

 

¨

 

11  

Percent of Class Represented By Amount In Row 9

 

            5.2%

   
12  

Type of Reporting Person

 

            CO

   

 


CUSIP No. G0135J 109

 

   13G    Page 4 of 6 Pages
Item 1  

(a).

   Name of Issuer:      
     AirMedia Group Inc.      
Item 1  

(b).

   Address o f Issuer’s Principal Executive Offices:      
    

17/F, Sky Plaza

No. 46 Dongzhimenwai Street

Dongcheng District, Beijing 100027

People’s Republic of China

     
Item 2  

(a).

   Name of Person Filing:      
    

Qing Xu

Mambo Fiesta Limited

     
Item 2  

(b).

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

Qing Xu

AirMedia Group Inc.

17/F, Sky Plaza

No. 46 Dongzhimenwai Street

Dongcheng District, Beijing 100027

People’s Republic of China

     
    

Mambo Fiesta Limited

c/o Qing Xu

AirMedia Group Inc.

17/F, Sky Plaza

No. 46 Dongzhimenwai Street

Dongcheng District, Beijing 100027

People’s Republic of China

     
Item 2  

(c).

   Citizenship:      
     Qing Xu – People’s Republic of China      
     Mambo Fiesta Limited – British Virgin Islands      
Item 2  

(d).

   Title of Class of Securities:      
     Ordinary Shares      
Item 2  

(e).

   CUSIP Number:      
     G0135J 109      
Item 3.   Not Applicable   


CUSIP No. G0135J 109

 

   13G    Page 5 of 6 Pages
Item 4.    Ownership:      
   The following information with respect to the ownership of the ordinary shares of the issuer by each of the reporting persons is provided as of December 31, 2007:      

 

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:

Qing Xu

   6,950,560    5.2 %   6,950,560    0    6,950,560    0

Mambo Fiesta Limited

   6,950,560    5.2 %   6,950,560    0    6,950,560    0

 

   Mambo Fiesta Limited, a British Virgin Islands company, is the record owner of 6,950,560 ordinary shares of the issuer. Mambo Fiesta Limited is wholly owned by Mr. Qing Xu. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Mr. Qing Xu may be deemed to beneficially own all of the shares held by Mambo Fiesta Limited.      
Item 5.    Ownership of Five Percent or Less of a Class:   
   Not applicable   
Item 6.    Ownership o f M ore t han Five Percent o n B ehalf o f Another Person:      
   Not applicable      
Item 7.    Identification a nd Classification o f t he Subsidiary W hich A cquired t he Security B eing R eported o n b y t he Parent Holding Company:
   Not applicable
Item 8.    Identification a nd Classification o f Members o f t he Group:      
   Not applicable      
Item 9.    Notice o f Dissolution o f Group:      
   Not applicable      
Item 10.    Certification:      
   Not applicable      


CUSIP No. G0135J 109

 

   13G    Page 6 of 6 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 6, 2008

 

Qing Xu  

/s/ Qing Xu

  Qing Xu
Mambo Fiesta Limited   By:  

/s/ Qing Xu

  Name:   Qing Xu
  Title:   Director


LIST OF EXHIBITS

 

Exhibit No.

  

Description

A    Joint Filing Agreement
Airmedia Grp. ADS, Each Representing Two Ordinary Shares (MM) (NASDAQ:AMCN)
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From Sep 2024 to Oct 2024 Click Here for more Airmedia Grp. ADS, Each Representing Two Ordinary Shares (MM) Charts.
Airmedia Grp. ADS, Each Representing Two Ordinary Shares (MM) (NASDAQ:AMCN)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Airmedia Grp. ADS, Each Representing Two Ordinary Shares (MM) Charts.