13D Filing: Right Advance Management Ltd. Files Update on Attempted Acquisition of KongZhong Corp (KONG)

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KongZhong Corporation (ADR) (NASDAQ:KONGis the subject of two new 13D filings, with this second filing being issued by Right Advance Management Ltd. The filing reveals that the firm owns over 253.25 million shares of KongZhong and that together with IDG Growth II, is making an attempt to acquire the company. You can see Right Advance Management’s ownership position in the stock in the table below, and details of the attempted acquisition in the embedded filing.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Chiming Bells International Limited 253,257,440 0 253,257,440 11 253,257,440 13.5%
WANG Leilei 63,663,142 0 63,663,142 0 63,663,142 3.4%

Page 1 of 10 SEC Filing




Washington, D.C. 20549



(Rule 13d-101. Information to be
Included in Statements Filed

Pursuant to §240.13d-1(a) and Amendments
Thereto Filed

Pursuant to §240.13d-2(a))



(Amendment No. 3)*


KongZhong Corporation
(Name of Issuer)
Ordinary Shares, par value US$0.0000005 per share**
(Title of Class of Securities)
(CUSIP Number)

WANG Leilei

35th Floor, Tengda Plaza

No. 168 Xizhimenwai Street

Beijing, 100044, China

(86-10) 8857 5898

(Name, Address
and Telephone Number of Person

Authorized to Receive Notices and Communications)

17, 2016

(Date of Event which Requires Filing of
this Statement)

If the filing person has previously filed
a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because
of Rule 13d-1 (e), 13d-1(f) or 13d-1(g), check the following box  ¨.


Note. Schedules filed in paper format
shall include a signed original and five copies of the schedule, including all exhibits. See Rule §240.13d-7(b) for
other parties to whom copies are to be sent.

* 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.
** Not for trading, but only in connection with the registration of American Depositary Shares each representing 40 ordinary shares.
*** This CUSIP applies to the American Depositary Shares, each representing 40 ordinary shares.

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 (the “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).

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