Amendment No. 1 to Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

(Rule 13d-102)

 

Information to be Included in Statements Filed Pursuant to § 240.13d-1 (b), (c)

and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2.

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

 

 

Trina Solar Limited

(Name of Issuer)

 

 

Ordinary Shares

(Title of Class of Securities)

 

 

G90565 10 5

(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. G90565 10 5    Schedule 13 G   

 

  1  

NAME OF REPORTING PERSON

 

            Milestone Capital Management Limited

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Cayman Islands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

 

  5    SOLE VOTING POWER

 

            4,528,542 ordinary shares

 

  6    SHARED VOTING POWER

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

            4,528,542 ordinary shares

 

  8    SHARED DISPOSITIVE POWER

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            4,528,542 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            0.2%

   
12  

TYPE OF REPORTING PERSON

 

            CO

   

 


CUSIP NO. G90565 10 5    Schedule 13 G   

 

  1  

NAME OF REPORTING PERSON

 

            Milestone Solar Holdings I Limited

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
  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

 

            4,528,542 ordinary shares

 

  6    SHARED VOTING POWER

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

            4,528,542 ordinary shares

 

  8    SHARED DISPOSITIVE POWER

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            4,528,542 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            0.2%

   
12  

TYPE OF REPORTING PERSON

 

            CO

   

 


CUSIP NO. G90565 10 5    Schedule 13 G   

 

  1  

NAME OF REPORTING PERSON

 

            Milestone China Opportunities Fund I, L.P.

   
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)  ¨

(b)  ¨

   
  3  

SEC USE ONLY

 

   
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            Cayman Islands

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH  

 

 

  5    SOLE VOTING POWER

 

            4,528,542 ordinary shares

 

  6    SHARED VOTING POWER

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

            4,528,542 ordinary shares

 

  8    SHARED DISPOSITIVE POWER

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            4,528,542 ordinary shares

   
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 

 

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

            0.2%

   
12  

TYPE OF REPORTING PERSON

 

            PN

   

 


ITEM 1  

(a).

   NAME OF ISSUER:      
     Trina Solar Limited (the “Issuer”)      
ITEM 1  

(b).

   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:      
     No. 2 Xin Yuan Yi Road, Electronics Park, New District, Changzhou, Jiangsu 213031, People’s Republic of China      
ITEM 2  

(a).

   NAME OF PERSON FILING:      
    

Milestone Capital Management Limited

 

Milestone Solar Holdings I Limited

 

Milestone China Opportunities Fund I, L.P.

     
ITEM 2  

(b).

   ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:      
    

The registered address of Milestone Capital Management Limited is Scotia Centre, 4th Floor, P.O. Box 2804, George Town, Grand Cayman, Cayman Islands.

 

The registered address of Milestone Solar Holdings I Limited is P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands.

 

The registered address of Milestone China Opportunities Fund I, L.P. is P.O. Box 309GT, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands.

     
ITEM 2  

(c)

   CITIZENSHIP:      
     The place of organization of Milestone Capital Management Limited and Milestone China Opportunities Fund I, L.P. is the Cayman Islands. The place of organization of Milestone Solar Holdings I Limited is British Virgin Islands.      
ITEM 2  

(d).

   TITLE OF CLASS OF SECURITIES:      
     Ordinary Shares, $0.00001 par value      
ITEM 2  

(e).

   CUSIP NUMBER:      
     G90565 10 5      
ITEM 3.   Not Applicable   


ITEM 4.    OWNERSHIP:      

 

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:

Milestone Capital Management Limited

   4,528,542
ordinary
shares
   0.2%   4,528,542
ordinary
shares
   0    4,528,542
ordinary

shares

   0

Milestone Solar Holdings I Limited

   4,528,542
ordinary
shares
   0.2%   4,528,542
ordinary
shares
   0    4,528,542
ordinary
shares
   0

Milestone China Opportunities Fund I, L.P.

   4,528,542
ordinary
shares
   0.2%   4,528,542
ordinary

shares

   0    4,528,542
ordinary
shares
   0
   As of December 31, 2007, Milestone Solar Holdings I Limited was the record owner of 4,528,542 ordinary shares of the Issuer (4,528,500 of which were represented by 45,285 American Depositary Shares). Milestone China Opportunities Fund I, L.P. is the sole shareholder of Milestone Solar Holdings I Limited. Milestone Capital Management Limited is the general partner of Milestone China Opportunities Fund I, L.P. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), each of Milestone Capital Management Limited and Milestone China Opportunities Fund I, L.P. may be deemed to beneficially own all of the shares held by Milestone Solar Holdings I Limited.      
ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:   
   þ   
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:
   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.    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 4, 2008

 

Milestone Capital Management Limited   By:  

/s/ Yunli Lou

  Name:   Yunli Lou
  Title:   Director

 

Milestone Solar Holdings I Limited   By:  

/s/ Yunli Lou

  Name:   Yunli Lou
  Title:   Director

 

Milestone China Opportunities Fund I, L.P.   By:  

/s/ Yunli Lou

  Name:   Yunli Lou
  Title:   Director


LIST OF EXHIBITS

 

Exhibit No.

 

Description

A  

Joint Filing Agreement