UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
Solarfun Power Holdings Co., Ltd
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(Name of Issuer)
Ordinary Shares, par value US$0.0001 per share
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(Title of Class of Securities)
83415U108
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(CUSIP Number)
December 31, 2008
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(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)
*This Schedule 13G amends and restates the information reported in the
Schedule 13G filed on February 14, 2008.
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).
Page 1
of 10 Pages
SCHEDULE 13G
CUSIP NO. 83415U-10-8 PAGE 2 OF 10 PAGES
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1. Names of Reporting Persons
Citigroup Venture Capital International Partnership G.P. Limited
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2. Check the Appropriate Box if a Member of a Group (SEE INSTRUCTIONS)
(a) / /
(b) /X/
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3. SEC Use Only
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4. Citizenship or Place of Organization Jersey, Channel Islands
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NUMBER OF 5. Sole Voting Power 22,077,675
SHARES
----------------------------------------------------
BENEFICIALLY 6. Shared Voting Power 0
OWNED BY
----------------------------------------------------
EACH 7. Sole Dispositive Power 22,077,675
REPORTING
----------------------------------------------------
PERSON 8. Shared Dispositive Power 0
WITH
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 22,077,675
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (SEE
INSTRUCTIONS) / /
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11. Percent of Class Represented by Amount in Row (9) 9.1%
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12. Type of Reporting Person CO
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SCHEDULE 13G
CUSIP NO. 83415U-10-8 PAGE 3 OF 10 PAGES
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1. Names of Reporting Persons
Citigroup Venture Capital International Delaware Corporation
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2. Check the Appropriate Box if a Member of a Group (SEE INSTRUCTIONS)
(a) / /
(b) /X/
-------------------------------------------------------------------------------
3. SEC Use Only
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4. Citizenship or Place of Organization Delaware
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NUMBER OF 5. Sole Voting Power 22,077,675
SHARES
----------------------------------------------------
BENEFICIALLY 6. Shared Voting Power 0
OWNED BY
----------------------------------------------------
EACH 7. Sole Dispositive Power 22,077,675
REPORTING
----------------------------------------------------
PERSON 8. Shared Dispositive Power 0
WITH
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 22,077,675
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (SEE
INSTRUCTIONS) / /
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 9.1%
-------------------------------------------------------------------------------
12. Type of Reporting Person CO
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CUSIP NO. 83415U-10-8 PAGE 4 OF 10 PAGES
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1. Names of Reporting Persons
Citicorp International Finance Corporation
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (SEE INSTRUCTIONS)
(a) / /
(b) /X/
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3. SEC Use Only
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4. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
NUMBER OF 5. Sole Voting Power 22,077,675
SHARES
----------------------------------------------------
BENEFICIALLY 6. Shared Voting Power 0
OWNED BY
----------------------------------------------------
EACH 7. Sole Dispositive Power 22,077,675
REPORTING
----------------------------------------------------
PERSON 8. Shared Dispositive Power 0
WITH
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 22,077,675
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (SEE
INSTRUCTIONS) / /
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 9.1%
-------------------------------------------------------------------------------
12. Type of Reporting Person CO
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CUSIP NO. 83415U-10-8 PAGE 5 OF 10 PAGES
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1. Names of Reporting Persons
Citicorp Banking Corporation
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2. Check the Appropriate Box if a Member of a Group (SEE INSTRUCTIONS)
(a) / /
(b) /X/
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3. SEC Use Only
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4. Citizenship or Place of Organization Delaware
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NUMBER OF 5. Sole Voting Power 22,077,675
SHARES
----------------------------------------------------
BENEFICIALLY 6. Shared Voting Power 0
OWNED BY
----------------------------------------------------
EACH 7. Sole Dispositive Power 22,077,675
REPORTING
----------------------------------------------------
PERSON 8. Shared Dispositive Power 0
WITH
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 22,077,675
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (SEE
INSTRUCTIONS) / /
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 9.1%
-------------------------------------------------------------------------------
12. Type of Reporting Person CO
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CUSIP NO. 83415U-10-8 PAGE 6 OF 10 PAGES
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1. Names of Reporting Persons
Citigroup Inc.
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2. Check the Appropriate Box if a Member of a Group (SEE INSTRUCTIONS)
(a) / /
(b) /X/
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
4. Citizenship or Place of Organization Delaware
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NUMBER OF 5. Sole Voting Power 22,150,945*
SHARES
----------------------------------------------------
BENEFICIALLY 6. Shared Voting Power 0
OWNED BY
----------------------------------------------------
EACH 7. Sole Dispositive Power 22,150,945*
REPORTING
----------------------------------------------------
PERSON 8. Shared Dispositive Power 0
WITH
-------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 22,150,945*
-------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (SEE
INSTRUCTIONS) / /
-------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9) 9.2%*
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12. Type of Reporting Person HC
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* Includes shares held by the other reporting persons.
Item 1(a). Name of Issuer:
Solarfun Power Holdings Co. Ltd.
Item 1(b). Address of Issuer's Principal Executive Offices:
666 Linyang Road,
Qidong, Jiangsu Province, 226200,
People's Republic of China
Item 2(a). Name of Person Filing:
Citigroup Venture Capital International Partnership G.P. Limited
("CVCIPL")
Citigroup Venture Capital International Delaware Corporation
("CVCID")
Citicorp International Finance Corporation ("CIFC")
Citicorp Banking Corporation ("CBC")
Citigroup Inc. ("Citigroup")
Item 2(b). Address or Principal Business Office:
The address of the principal office of CVCIPL is:
26 New Street
St. Helier
Jersey, Channel Islands JE4 8PP
The address of the principal office of CVCID is:
c/o The Corporation Trust Company
1209 Orange Street
Wilmington, Delaware 19801
The address of the principal office of each of CIFC and CBC is:
One Penn's Way
New Castle, DE 19720
The address of the principal business office of Citigroup is:
399 Park Avenue
New York, NY 10043
Item 2(c). Citizenship or Place of Organization:
CVCIPL is chartered in Jersey, Channel Islands.
CVCID, CIFC, CBC and Citigroup are Delaware corporations.
Item 2(d). Title of Class of Securities:
Ordinary Shares, par value US$0.0001 per share.
Item 2(e). Cusip Number:
83415U-10-8
Page 7
of 10 Pages
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a:
(a) / / Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).
(b) / / Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) / / Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c).
(d) / / Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) / / An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) / / An employee benefit plan or endowment fund in accordance
with Section 240.13d-1(b)(1)(ii)(F);
(g) / / A parent holding company or control person in accordance
with Section 240.13d-1(b)(1)(ii)(G);
(h) / / A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) / / A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership. (as of December 31, 2008)
(a) Amount beneficially owned: See item 9 of cover pages
(b) Percent of Class: See item 11 of cover pages
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
(ii) Shared power to vote or to direct the vote:
(iii) Sole power to dispose or to direct the disposition of:
(iv) Shared power to dispose or to direct the disposition of:
See Items 5-8 of cover pages
Page 8
of 10 Pages
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [ ].
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.
CVCID is the sole shareholder of CVCIPL. CIFC is the sole shareholder
of CVCID. CBC is the sole shareholder of CIFC. Citigroup is the sole
shareholder of CBC.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Page 9
of 10 Pages
Item 10. Certification.
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: February 11, 2009
CITIGROUP VENTURE CAPITAL INTERNATIONAL PARTNERSHIP G.P. LIMITED
By: /s/ Alfred Rodrigues
-----------------------------------------
Name: Alfred Rodrigues
Title: Alternate Director
CITIGROUP VENTURE CAPITAL INTERNATIONAL DELAWARE CORPORATION
By: /s/ Alfred Rodrigues
-----------------------------------------
Name: Alfred Rodrigues
Title: Director
CITICORP INTERNATIONAL FINANCE CORPORATION
By: /s/ William H. Wolf
-----------------------------------------
Name: William H. Wolf
Title: Vice President
CITICORP BANKING CORPORATION
By: /s/ William H. Wolf
-----------------------------------------
Name: William H. Wolf
Title: Senior Vice President
CITIGROUP INC.
By: /s/ Riqueza V. Feaster
-----------------------------------------
Name: Riqueza V. Feaster
Title: Assistant Secretary
Page 10
of 10 Pages
EXHIBIT INDEX TO SCHEDULE 13G
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EXHIBIT 1
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Agreement among CVCIPL, CVCID, CIFC, CBC and Citigroup as to joint filing of
Schedule 13G.