Form: SC 13G/A

Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions

February 4, 2010

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)

ATA Inc.
(Name of Issuer)
Common Shares*
American Depositary Shares
(Title of Class of Securities)
00211V106**
(CUSIP Number)
December 31, 2009
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ 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.

* Not for trading, but only in connection with the registration of American Depositary Shares each representing 2 common shares.

** This CUSIP number applies to the American Depositary 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 (“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.
  
00211V106 
 SCHEDULE 13G Page  
2 
   of   
10  
   Pages

 

           
1   NAMES OF REPORTING PERSONS

SB Asia Investment Fund II L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   13,985,108 common shares1
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   13,985,108 common shares1
       
WITH 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,985,108 common shares1
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  31.2%2
     
12   TYPE OF REPORTING PERSON
   
  PN
1 Includes 12,707,436 common shares and 638,836 ADSs, representing 1,277,672 common shares.
2 Based on 44,784,766 outstanding common shares as of December 31, 2009.

 

                     
CUSIP No.
  
00211V106 
 SCHEDULE 13G Page  
3 
   of   
10  
   Pages

 

           
1   NAMES OF REPORTING PERSONS

SAIF II GP L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   13,985,108 common shares3
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   13,985,108 common shares3
       
WITH 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,985,108 common shares3
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  31.2%4
     
12   TYPE OF REPORTING PERSON
   
  PN
3 Includes 12,707,436 common shares and 638,836 ADSs, representing 1,277,672 common shares, held by SB Asia Investment Fund II L.P., the sole general partner of which is SAIF II GP L.P.
4 Based on 44,784,766 outstanding common shares as of December 31, 2009.

 

                     
CUSIP No.
  
00211V106 
 SCHEDULE 13G Page  
4 
   of   
10  
   Pages

 

           
1   NAMES OF REPORTING PERSONS

SAIF Partners II L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   13,985,108 common shares5
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   13,985,108 common shares5
       
WITH 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,985,108 common shares5
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  31.2%6
     
12   TYPE OF REPORTING PERSON
   
  PN
5 Includes 12,707,436 common shares and 638,836 ADSs, representing 1,277,672 common shares, held by SB Asia Investment Fund II L.P., the sole general partner of which is SAIF II GP L.P., the sole general partner of which is SAIF Partners II L.P.
6 Based on 44,784,766 outstanding common shares as of December 31, 2009.

 

                     
CUSIP No.
  
00211V106 
 SCHEDULE 13G Page  
5 
   of   
10  
   Pages

 

           
1   NAMES OF REPORTING PERSONS

SAIF II GP Capital Ltd.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Cayman Islands
       
  5   SOLE VOTING POWER
     
NUMBER OF   13,985,108 common shares7
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   13,985,108 common shares7
       
WITH 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,985,108 common shares7
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  31.2%8
     
12   TYPE OF REPORTING PERSON
   
  CO
7 Includes 12,707,436 common shares and 638,836 ADSs, representing 1,277,672 common shares, held by SB Asia Investment Fund II L.P., the sole general partner of which is SAIF II GP L.P., the sole general partner of which is SAIF Partners II L.P., the sole general partner of which is SAIF II GP Capital Ltd.
8 Based on 44,784,766 outstanding common shares as of December 31, 2009.

 

                     
CUSIP No.
  
00211V106 
 SCHEDULE 13G Page  
6 
   of   
10  
   Pages
Item 1(a)    Name of Issuer:
 
    ATA Inc. (“Issuer”)
 
Item 1(b)    Address of Issuer’s Principal Executive Offices:
 
    8th Floor, Tower E, 6 Gongyuan West St., Jian Guo Men Nei, Beijing 100005, China
 
Item 2(a)    Name of Person Filing:
 
    SB Asia Investment Fund II L.P.
 
    SAIF II GP L.P.
 
    SAIF Partners II L.P.
 
    SAIF II GP Capital Ltd.
 
Item 2(b)    Address of Principal Business Office or, If None, Residence; Citizenship
 
    SB Asia Investment Fund II L.P.
c/o M&C Corporate Services Limited
P.O. Box 309GT
Ugland House, South Church Street
George Town, Grand Cayman
Cayman Islands
 
    SAIF II GP L.P.
c/o M&C Corporate Services Limited
P.O. Box 309GT
Ugland House, South Church Street
George Town, Grand Cayman
Cayman Islands
 
    SAIF Partners II L.P.
c/o M&C Corporate Services Limited
P.O. Box 309GT
Ugland House, South Church Street
George Town, Grand Cayman
Cayman Islands
 
    SAIF II GP Capital Ltd.
c/o M&C Corporate Services Limited
P.O. Box 309GT
Ugland House, South Church Street
George Town, Grand Cayman
Cayman Islands
 
Item 2(c)    Citizenship
 
    SB Asia Investment Fund II L.P. — Cayman Islands
 
    SAIF II GP L.P. — Cayman Islands
 
    SAIF Partners II L.P. — Cayman Islands
 
    SAIF II GP Capital Ltd. — Cayman Islands

 

 

                     
CUSIP No.
  
00211V106 
 SCHEDULE 13G Page  
7 
   of   
10  
   Pages
Item 2(d)    Title of Class of Securities:
 
    Common shares, par value US$0.01
 
    American Depository Shares
 
Item 2(e)    CUSIP Number:
 
    00211V106
 
Item 3.     Statement Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c):
 
    Not applicable.
 
Item 4.     Ownership
  (a)   Amount Beneficially Owned:
                                                 
                            Shared              
                    Sole power     power to     Sole power to     Shared power  
    Amount             to vote or     vote or to     dispose or to     to dispose or to  
    beneficially     Percent     direct     direct     direct the     direct the  
Reporting Person   owned:     of class:     the vote:     the vote:     disposition of:     disposition of:  
SB Asia Investment Fund II L.P.
     13,985,108 common shares*       31.2 %     13,985,108 common shares*       0       13,985,108 common shares*       0  
SAIF II GP L.P.
     13,985,108 common shares*       31.2 %     13,985,108 common shares*       0       13,985,108 common shares*       0  
SAIF Partners II L.P.
     13,985,108 common shares*       31.2 %     13,985,108 common shares*       0       13,985,108 common shares*       0  
SAIF II GP Capital Ltd.
     13,985,108 common shares*       31.2 %     13,985,108 common shares*       0       13,985,108 common shares*       0  
 
*   Includes 12,707,436 common shares and 638,836 ADSs, representing 1,277,672 common shares.
The percentages of ownership set forth above are based on 44,784,766 common shares outstanding as of December 31, 2009.
SAIF II GP Capital Ltd. is the sole general partner of SAIF Partners II L.P., which is the sole general partner of SAIF II GP L.P., which is in turn the sole general partner of SB Asia Investment Fund II L.P., which is the record owner of the common shares.
Item 5.     Ownership of Five Percent or Less of a Class
 
    Not applicable.

 

 

                     
CUSIP No.
  
00211V106 
 SCHEDULE 13G Page  
8 
   of   
10  
   Pages
Item 6.     Ownership of More Than Five Percent on Behalf of Another Person
 
    Not applicable.
 
Item 7.     Identification and Classification of 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. In addition, by signing below, the undersigned agrees that this Schedule 13G may be filed jointly on behalf of each of the Reporting Persons.
Dated: February 4, 2010
         
  SB Asia Investment Fund II L.P.
 		  
  By:   /s/ Andrew Y. Yan  
    Name:   Andrew Y. Yan   
    Title:   Director of SAIF II GP Capital Ltd., which is the General Partner of SAIF Partners II L.P., which is the General Partner of SAIF II GP L.P., which is the General Partner of SB Asia Investment Fund II L.P.   
 
         
  SAIF II GP L.P.
 		  
  By:   /s/ Andrew Y. Yan  
    Name:   Andrew Y. Yan   
    Title:   Director of SAIF II GP Capital Ltd., which is the General Partner of SAIF Partners II L.P., which is the General Partner of SAIF II GP L.P.   
 
         
  SAIF Partners II L.P.
 		  
  By:   /s/ Andrew Y. Yan  
    Name:   Andrew Y. Yan   
    Title:   Director of SAIF II GP Capital Ltd., which is the General Partner of SAIF Partners II L.P.   
 
         
  SAIF II GP Capital Ltd.
 		  
  By:   /s/ Andrew Y. Yan  
    Name:   Andrew Y. Yan   
    Title:   Director of SAIF II GP Capital Ltd.   

 

 

         
LIST OF EXHIBITS
     
Exhibit No.   Description
A
  Joint Filing Agreement (incorporated by reference to Exhibit A of the initial Schedule 13G filed with the Securities and Exchange Commission on Febrary 5, 2009)