CUSIP
No. 29078X103
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Page 1 of 8 Pages
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CUSIP No.
29078X103
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Page 2 of 8 Pages
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1
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NAME
OF REPORTING PERSONS
STAR
(CHINA) HOLDINGS LIMITED
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2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b)
o
|
3
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SEC
USE ONLY
|
4
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SOURCE
OF FUNDS*
OO
|
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
OR 2(e)
o
|
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
|
7
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SOLE
VOTING POWER
8.11%
|
8
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SHARED
VOTING POWER
-0-
|
|
9
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SOLE
DISPOSITIVE POWER
8.11%
|
|
10
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SHARED
DISPOSITIVE POWER
-0-
|
11
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,279,080
|
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
o
|
13
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PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.11%
|
14
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TYPE
OF REPORTING PERSON*
CO
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CUSIP No.
29078X103
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Page 3 of 8 Pages
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1
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NAME
OF REPORTING PERSONS
KOTOI
HOROFUMI
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o
(b)
o
|
3
|
SEC
USE ONLY
|
4
|
SOURCE
OF FUNDS*
OO
|
5
|
CHECK
BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
OR 2(e)
o
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
JAPAN
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
8.11%
|
8
|
SHARED
VOTING POWER
-0-
|
|
9
|
SOLE
DISPOSITIVE POWER
8.11%
|
|
10
|
SHARED
DISPOSITIVE POWER
-0-
|
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,879,080
|
12
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
o
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.11%
|
14
|
TYPE
OF REPORTING PERSON*
IN
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CUSIP No.
29078X103
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Page 4 of 8 Pages
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Item
1.
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Security
and Issuer.
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Item
2.
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Identity
and Background.
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(a),
(f)
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This
Schedule 13D is filed by (i) Star (China) Holdings Limited, a corporation
organized under the jurisdiction of the British Virgin Islands (“Star
China”); and (ii) Kotoi Horofumi, a citizen of Japan (collectively, the
“Reporting Persons”).
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(b)
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The
business address of Star China is P.O Box 957, Offshore Incorporations
Center, Road Town, Tortola, British Virgin Islands.
The
business address of Mr. Horofumi is Room 2-3-302, Gu Chong Ting, Tokyo,
Japan.
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|
(c)
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Star
China in the business of acting as an investment holding
company. Mr. Horofumi is the sole director and sole shareholder
of Star China. The principal occupation of Mr. Horofumi is the President
of SJ Holdings Inc.
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(d)
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During
the past five years, none of the Reporting Persons has been convicted in a
criminal proceeding (excluding traffic violations and similar
misdemeanors).
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(e)
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During
the past five years, none of the Reporting Persons has been a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding, was or is subject to a
judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such
laws.
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Item
3.
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Source
and Amount of Funds and Other
Consideration.
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CUSIP No.
29078X103
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Page 5 of 8 Pages
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Item
4.
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Purpose
of Transaction.
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Item
5.
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Interest
in Securities of the Company.
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CUSIP No.
29078X103
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Page 6 of 8 Pages
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Item
6.
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Contracts,
Arrangements, Understandings or Relationships with Respect to Securities
of the Issuer.
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Item
7.
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Materials
to be Filed as Exhibits.
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1.
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Joint
Filing Agreement, dated as of July 6, 2009 among the Reporting Persons,
pursuant to Rule 13d-1(k) of the Securities Exchange Act of 1934, as
amended.
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2.
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Share Exchange Agreement dated
June 26, 2009 among the Issuer, China Net, Star China and the other
shareholders of China Net signatory thereto (incorporated by reference to
Exhibit 2.1 of the Issuer’s Current Report on Form 8-K filed on July 2,
2009).
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3.
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Registration
Rights Agreement dated June 26, 2009 among the Issuer, Star China and
certain other stockholders of the Issuer signatory thereto (incorporated by reference to
Exhibit 4.1 of the Issuer’s Current Report on Form 8-K filed on July 2,
2009).
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CUSIP No.
29078X103
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Page 7 of 8 Pages
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STAR (CHINA) HOLDINGS LIMITED | |||
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By:
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/s/ Kotoi Hirofumi | |
Name: Kotoi Hirofumi | |||
Title: Director | |||
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/s/ Koto Hirofumi | |
Koto
Hirofumi
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CUSIP No.
29078X103
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Page 8 of 8 Pages
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