SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)

 

21VIANET GROUP, INC.

(Name of Issuer)

 

Class A ordinary shares, par value, US$0.00001 per share

(Title of Class of Securities)

 

90138A103**

(CUSIP Number)

 

 

Mike Chiang

Holland & Knight LLP

31 West 52nd Street

New York, New York 10019

212.513.3415

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

April 13, 2021

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box:       ¨

 

*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.

 

**There is no CUSIP number assigned to the ordinary shares. CUSIP number 90138A103 has been assigned to the American Depositary Shares (“ADSs”) of the Issuer, each ADS representing six (6) Class A ordinary shares, which are quoted on the Nasdaq Global Market under the symbol “VNET”.

 

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.     90138A103 Page 1 of 6

 

 

1

 

 

Name of Reporting Person                                              I.R.S. IDENTIFICATION No. (Entities Only)

Tuspark Innovation Venture Ltd.

 

2

 

 

Check the appropriate box if a member of a group

 

(a) ¨

(b) ¨

 

 

3

 

 

SEC use only

 

 

4

 

 

Source of Funds

WC

 

 

5

 

 

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

¨ 

 

6

 

 

Citizenship or Place of Organization

 

British Virgin Islands

 

Number OF
Shares
Beneficially

Owned by
Each
Reporting

Person With

7 Sole Voting Power 0
8 Shared Voting Power 94,415,771(1)
9 Sole Dispositive Power 0
10 Shared Dispositive Power

94,415,771

 

11

 

 

Aggregate Amount Beneficially Owned by each Reporting Person             94,415,771 representing Class A Ordinary Shares

 

12

 

 

Check if the Aggregate Amount in Row (11) Excludes Certain Shares

¨

 

 

13

 

 

Percent of Class Represented by Amount in Row (11)                            11.4% of the Class A Ordinary Shares(2)

 

 

14

 

 

Type of Reporting Person 

CO

 

         

 

1 Represented by 15,735,962 ADSs, each of which represents six Class A ordinary shares (“Class A Ordinary Shares”).

2 Based on 827,197,383 Class A Ordinary Shares outstanding as of April 13, 2021, according to the Form 20-F filed by the Issuer with the Securities and Exchange Commission (the “SEC”) on April 28, 2021. The reporting person beneficially owns 11.0% of the Issuer’s total outstanding ordinary shares and holds 8.0% of the voting power, which is based on 862,079,106 ordinary shares issued and outstanding as of April 13, 2021, comprising 827,197,383 Class A Ordinary Shares, 34,821,723 Class B ordinary shares (“Class B Ordinary Shares”), and 60,000 Class C ordinary shares (“Class C Ordinary Shares”).

 

 

 

 

CUSIP No.     90138A103 Page 2 of 6

 

 

1

 

 

Name of Reporting Person

Tus-Holdings Co., Ltd.

 

2

 

 

Check the appropriate box if a member of a group

 

(a) ¨

(b) ¨

 

 

3

 

 

SEC use only

 

 

4

 

 

Source of Funds

PF

 

 

5

 

 

Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)

¨ 

 

6

 

 

Citizenship or Place of Organization

 

People’s Republic of China

 

Number OF
Shares
Beneficially

Owned by
Each
Reporting

Person With

7 Sole Voting Power 0
8 Shared Voting Power 94,415,771(3)
9 Sole Dispositive Power 0
10 Shared Dispositive Power

94,415,771

 

11

 

 

Aggregate Amount Beneficially Owned by each Reporting Person             94,415,771, representing Class A Ordinary Shares

 

12

 

 

Check if the Aggregate Amount in Row (11) Excludes Certain Shares

¨

 

 

13

 

 

Percent of Class Represented by Amount in Row (11)                            11.4% of the Class A Ordinary Shares(4)

 

 

14

 

 

Type of Reporting Person 

CO

 

         

 

3 Represented by 15,735,962 ADSs, each of which represents six Class A ordinary shares.

4 Based on 827,197,383 Class A Ordinary Shares outstanding as of April 13, 2021, according to the Form 20-F filed by the Issuer with the SEC on April 28, 2021. The reporting person beneficially owns 11.0% of the Issuer’s total outstanding ordinary shares and holds 8.0% of the voting power, which is based on 862,079,106 ordinary shares issued and outstanding as of April 13, 2021, comprising 827,197,383 Class A Ordinary Shares, 34,821,723 Class B Ordinary Shares, and 60,000 Class C Ordinary Shares.

 

 

 

CUSIP No.     90138A103 Page 3 of 6

 

This Amendment No. 1 (this “Amendment”) amends certain Items of the original Schedule 13D jointly filed with the SEC on July 13, 2016 by the above Reporting Persons (the “Schedule 13D”). The purpose of this Amendment is to report a greater than 1% decrease in ownership of the Issuer's ordinary shares held by the Reporting Persons. Except as set forth below, all previous Items on the Schedule 13D are unchanged. Capitalized terms used but not defined herein shall have the meanings ascribed in the Schedule 13D.

 

Item 2. Identity and Background.

 

This Schedule 13D is jointly filed on behalf of Tuspark Innovation Venture Ltd., a company incorporated under the laws of the British Virgin Islands (“Tuspark”) and Tus-Holdings Co., Ltd., a company incorporated under the laws of the People’s Republic of China (“Tus-Holdings”). The principal office address of Tuspark is 16/F, Block A, Innovation Park, Tsinghua Science Park, Haidian District, Beijing, the People’s Republic of China. The principal office address of Tus-Holdings is 14-17/F, Block A, Tsinghua University Science Park Innovation Plaza, Beijing, 100084, the People’s Republic of China. The principal business of Tuspark is investment holding. The principal business of Tus-Holdings is developing, constructing, operating and managing Tsinghua University Science Park (TusPark).

 

Tuspark is a wholly owned subsidiary of Tus-Holdings. Tus-Holdings is not controlled by any of its shareholders.

 

The name, business address, present principal occupation and citizenship of the directors and executive officers of the Reporting Persons are set forth in Schedule A attached hereto, which is incorporated herein by reference.

 

Neither the Reporting Persons nor, to the best knowledge of each of the Reporting Persons, any of the persons listed in Schedule A has, during the last five years, been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting in his, her or its being 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.

 

Item 4. Purpose of Transaction.

 

On April 13, 2021, Tuspark completed the sale of shares back to the Issuer pursuant to a Share Repurchase Agreement, dated March 23, 2021 (the “SRA”), pursuant to which the Issuer agreed to repurchase, and Tuspark agreed to sell to the Issuer, 48,634,493 Class B ordinary shares of the Issuer (the “Class B Ordinary Shares”), at a purchase price of US$5.346 per share, for an aggregate purchase price of US$260,000,000 (the “Class B Share Repurchase”). The price of US$5.346 per ordinary share was calculated based on the price of US$32.076 per American depository share (“ADS”) of the Issuer, each representing six Class A ordinary shares of the Issuer, which is the product of (i) the 30-Day VWAP, multiplied by (ii) 88%. Pursuant to the SRA, “30-Day VWAP” means the daily volume weighted average price of the ADSs for the consecutive thirty (30) trading days ended on March 22, 2021. Following completion of the Class B Share Repurchase, Tuspark held 94,415,771 Class B Ordinary Shares, which were converted into the same number of Class A Ordinary Shares.

 

Pursuant to the terms of the SRA, Wenbin Chen, a director nominated by Tuspark to the Issuer’s Board of Directors, resigned as of April 13, 2021.

 

A copy of the SRA is attached hereto as Exhibit 99.2, and is incorporated by reference herein. The foregoing descriptions of the SRA and the transactions contemplated thereby do not purport to be complete and are subject to, and qualified in their entirety by, the full text of such agreement attached hereto as Exhibit 99.2.

 

In addition, on March 23, 2021 (“Effective Date”) and April 12, 2021, Tuspark agreed to sell to Beacon Capital Group Inc. (“BCG”), and BCG agreed to purchase from Tuspark, 65,469,510 Class A Ordinary Shares at the same price per share agreed to in the Class B Share Repurchase, for an aggregate purchase price of US$350,000,000.46 (the “Class A Share Transfer”). The price per ordinary share was determined using the same calculations as in the Class B Share Repurchase, but is subject to certain adjustments in the event of a material fluctuation in the daily volume weighted average price of the ADSs for the period beginning on the thirtieth (30th) trading day before the Effective Date and ending on the closing date of the Class A Share Transfer. The closing of the Class A Share Transfer shall take place on the sixtieth (60th) day after the closing date of the Class B Share Repurchase (no later than June 15, 2021) or at such other time and place as may be mutually agreed upon by BCG and Tuspark, subject to each party’s satisfaction of certain customary closing conditions.

 

The Reporting Persons review their investments on a continuing basis. Depending on overall market conditions, performance and prospects of the Issuer, subsequent developments affecting the Issuer, other investment opportunities available to the Reporting Persons and other investment considerations, the Reporting Persons may hold, vote, acquire or dispose of or otherwise deal with securities of the Issuer. Any of the foregoing actions may be effected at any time or from time to time, subject to applicable law. Except as set forth above, there are no plans or proposals of the type referred to in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

 

 

 

 

 CUSIP No.     90138A103 Page 4 of 6

 

Item 5. Interest in Securities of the Issuer.

 

(a)-(b) Tuspark is the beneficial owner of 94,415,771 Class A Ordinary Shares, representing approximately 11.4% of the outstanding Class A Ordinary Shares. The foregoing percentage is based on 827,197,383 Class A Ordinary Shares outstanding as of April 13, 2021, according to the Form 20-F filed by the Issuer with the SEC on April 28, 2021.

 

Tus-Holdings, through its ownership of Tuspark, may be deemed to share voting and dispositive power over the Class A Ordinary Shares held by Tuspark.

 

(c) There have been no transactions by the Reporting Persons in securities of the Issuer during the past sixty days. To the knowledge of the Reporting Persons, there have been no transactions by any director or executive officer of any of the Reporting Persons in securities of the Issuer during the past sixty days.

 

Item 7. Material to be Filed as Exhibits.

 

Exhibit 99.1 Joint Filing Agreement by and among the Reporting Persons, dated May 14, 2021.

Exhibit 99.2 Share Repurchase Agreement, dated as of March 23, 2021.

 

 

 

 

 CUSIP No.     90138A103 Page 5 of 6

 

SCHEDULE A

EXECUTIVE OFFICERS AND DIRECTORS OF THE REPORTING PERSONS

 

The business address for each director and executive officer of Tuspark is 16/F, Block A, Innovation Park, Tsinghua Science Park, Haidian District, Beijing, 100084, the People’s Republic of China. The business address for each director and executive officer of Tus-Holdings is 14-17/F, Block A, Tsinghua University Science Park Innovation Plaza, Beijing, 100084, the People’s Republic of China. The name, present principal occupation and citizenship of each director and executive officer of the Reporting Persons are set forth below:

 

Tuspark Innovation Venture Ltd.

 

Name and Position

 

Present Principal Occupation

 

Citizenship

Chuilan ZENG

Director and Manager

 

  Manager of Tuspark Innovation Venture Ltd.   People’s Republic of China

Tus-Holdings Co., Ltd.

 

Name and Position

 

Present Principal Occupation

 

Citizenship

Jiwu WANG

Director

  Chairman   People’s Republic of China

Zhiqiang LI

Director

  Vice Chairman   People’s Republic of China

Xu WU

Director

  Vice Chairman   People’s Republic of China

Qingyu PENG

Director 

  Vice Chairman   People’s Republic of China

Zhigang MA

Director

  Vice Chairman   Macau

Qinhang LU

Director

  Vice Chairman   People’s Republic of China

Yanhua ZHOU

Director

  Director  

People’s Republic of China

 

Gongping XIE 

Director 

 

Director

 

 

People’s Republic of China

 

Lin LU

Director

 

Independent Director

 

 

People’s Republic of China

 

Xiaowei CAI

CEO

  CEO of Tus-Holdings Co., Ltd.   People’s Republic of China

 

 

 

 

 CUSIP No.     90138A103 Page 6 of 6  

 

SIGNATURE

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

May 14, 2021

     
  Dated: May 14, 2021
   
  Tuspark Innovation Venture Ltd.
     
  By:  

/s/ Chuilan ZENG

  Name: Chuilan ZENG
  Title: Director and Manager
   
  Tus-Holdings Co., Ltd.
     
  By:

/s/ Xiaowei CAI

  Name: Xiaowei CAI
  Title: President

 

 

 

 

EXHIBIT 99.1

 

AGREEMENT OF JOINT FILING

 

The parties listed below agree that the Schedule 13D to which this agreement is attached as an exhibit, and all further amendments thereto, shall be filed on behalf of each of them. This Agreement is intended to satisfy Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

Dated: May 14, 2021

 

  Tuspark Innovation Venture Ltd.
   
  By: /s/ Chuilan ZENG
  Name: Chuilan ZENG
  Title: Director and Manager
     
  Tus-Holdings Co., Ltd.
   
  By: /s/ Xiaowei CAI
  Name: Xiaowei CAI
  Title: President

 

1

 

 

EXHIBIT 99.2

 

SHARE REPURCHASE AGREEMENT

 

THIS SHARE REPURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 23, 2021 (the “Effective Date”) by and between:

 

(1)       21Vianet Group, Inc., a company organized under the laws of the Cayman Islands (the “Company”), and

 

(2)       Tuspark Innovation Venture Limited, a company organized under the laws of the British Virgin Islands (“Tuspark”).

 

WHEREAS, Tuspark is the record shareholder of 111,053,390 Class B ordinary shares, par value US$0.00001 each, of the Company (the “Tuspark Class B Ordinary Shares”).

 

WHEREAS, the Company and Tuspark are parties to that certain share subscription agreement, dated May 23, 2016 (the “Existing Agreement”).

 

WHEREAS, the Company desires to repurchase from Tuspark, and Tuspark desires to sell to the Company, certain number of Tuspark Class B Ordinary Shares on the terms and conditions set forth in this Agreement.

 

NOW, THEREFORE, in consideration of the foregoing recitals, the mutual promises hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

1.AGREEMENT TO REPURCHASE AND SELL ORDINARY SHARES.

 

Subject to the terms and conditions hereof, Tuspark hereby agrees to sell to the Company, and the Company hereby agrees to repurchase from Tuspark, 48,634,493 Tuspark Class B Ordinary Shares at a price of US$5.346 per share for an aggregate purchase price of US$259,999,999.58 (the “Repurchase Price”). The price of US$5.346 per ordinary share is calculated based on the price of US$32.076 per American depository share (“ADS”) of the Company, each representing six Class A ordinary shares of the Company, which is the product of (i) the 30-Day VWAP, multiplied by (ii) 88%. “30-Day VWAP” means the daily volume weighted average price of the ADSs for the consecutive thirty (30) trading days ended on March 22, 2021. The Tuspark Class B Ordinary Shares to be repurchased and sold pursuant to this Section 1 are collectively referred to as the “Repurchase Shares.”

 

2.CLOSINGS; DELIVERIES.

 

2.1              Closing. The closing of the repurchase and sale of the Repurchase Shares hereunder shall take place remotely via the electronic exchange of closing documents and signatures on the seventh (7th) business day after the Effective Date, or at such other time and place as may be mutually agreed upon by the Company and Tuspark (the “Closing”). The date and time of the Closing are referred to herein as the “Closing Date.”

 

1

 

 

2.2              Deliveries by Tuspark. At the Closing, Tuspark shall deliver to the Company the following:

 

(a)               an instrument of transfer in respect of the Repurchase Shares, in the form as attached hereto as Exhibit A, duly signed by an authorized signatory of Tuspark;

 

(b)               the original share certificate(s) representing all Tuspark Class B Ordinary Shares (including the Repurchase Shares);

 

(c)               a director resignation letter, in the form as attached hereto as Exhibit B, duly signed by Mr. Wenbin Chen; and

 

(d)              any other document requested by the Company that it deems reasonably necessary for the consummation of the transactions contemplated hereby (including without limitation the Ordinary Share Conversion (as defined below)), and, if applicable, duly signed by an authorized signatory of Tuspark.

 

2.3              Delivery by the Company. At the Closing, subject to the delivery of all of the documents in accordance with Section 2.2 hereof, the Company shall pay the Repurchase Price to Tuspark in U.S. dollars by wire transfer (evidenced by delivery to Tuspark of a copy of the irrevocable wiring instructions delivered by the Company to its bank (known as “MT-103” and containing SWIFT number of such remittance)), or by such other method mutually agreeable to the Company and Tuspark, of immediately available funds to such bank account(s) designated in writing by Tuspark.

 

3.                  CLOSING CONDITIONS

 

3.1             Conditions to Company’s Obligations to Effect its Closing. The obligation of the Company to purchase the Repurchase Shares from Tuspark as contemplated by this Agreement is subject to the satisfaction, on or before the Closing Date, of each of the following conditions, any of which may only be waived in writing by the Company in its sole discretion:

 

(a)               Tuspark shall have delivered to the Company each of the documents in accordance with Section 2.2 hereof.

 

(b)               The representations and warranties set forth in Section 4 hereof shall be true and correct as of the Effective Date and the Closing Date.

 

(c)               Tuspark shall have performed and complied with all agreements required by this Agreement to be performed or complied with by Tuspark.

 

(d)               All consents, authorizations, orders and approvals of, filings or registrations with and the expiration of all waiting periods imposed by, any third person, including any governmental authority, which are required for or in connection with the execution and delivery by Tuspark of this Agreement and the consummation by Tuspark of the transactions contemplated hereby shall have been obtained or made, in form and substance reasonably satisfactory to the Company, and shall be in full force and effect.

 

2

 

 

(e)               No action shall have been taken or threatened, and no law shall exist or have been enacted, promulgated or issued or deemed applicable to the transactions contemplated hereby by any governmental authority that would (i) make the consummation of any transactions contemplated hereby illegal or substantially delay the consummation of any material aspect of any transactions contemplated hereby, or (ii) render Tuspark unable to consummate any transactions contemplated hereby.

 

3.2              Conditions to Tuspark’s Obligations to Effect its Closing. The obligation of Tuspark to sell the Repurchase Shares as contemplated by this Agreement is subject to the satisfaction, on or before the Closing Date, of the following conditions, any of which may only be waived in writing by Tuspark in its sole discretion:

 

(a)               All corporate and other actions required to be taken by the Company in connection with the purchase and sale of the Repurchase Shares shall have been completed.

 

(b)              No governmental authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any law (whether temporary, preliminary or permanent) that is in effect and restrains, enjoins, prevents, prohibits or otherwise makes illegal the consummation of the transactions contemplated by this Agreement.

 

4.REPRESENTATIONS, WARRANTIES AND ACKNOWLEDGEMENTS OF TUSPARK

 

Tuspark represents, warrants and acknowledges to the Company as of the Effective Date and the Closing Date, as follows:

 

4.1              Due Authorization. Tuspark is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and has all requisite power, authority and capacity, including authorization from its President’s Office Meeting (总裁办公会), to enter into this Agreement and to perform its obligations hereunder.

 

4.2             Title to Tuspark Class B Ordinary Shares. Tuspark is the sole record owner of the Tuspark Class B Ordinary Shares, free and clear of any mortgage, pledge, lien, encumbrance, security interest or charge of any kind, rights of first refusal, conditional sales or other title retention agreements, covenants, conditions or other similar restrictions or other encumbrances of any nature whatsoever.

 

4.3           Compliance with Other Instruments and Agreements. The execution, delivery and performance of and compliance with this Agreement and the consummation of the transactions contemplated hereby will not (i) result in any violation, breach or default, or be in conflict with or constitute, with or without the passage of time or the giving of notice or both, either a default under any contract to which Tuspark is a party or by which it may be bound, (ii) conflict with or result in a breach or violation in any material respect of any applicable laws or the constitutional documents of Tuspark, or (iii) require any prior consent or approval.

 

4.4           “Big Person” Representation. Tuspark acknowledges that the Company may possess material information not known to Tuspark as of the Effective Date and the Closing Date. Tuspark agrees that none of the Company, its officers, directors, shareholders (other than Tuspark), agents, employees or representatives shall have any liability to Tuspark with respect to the non-disclosure of any information in their possession relating either directly or indirectly to the Company’s financial condition, results of operations, businesses, properties, assets, liabilities, management, projections, appraisals, plans, prospects and other information relating to the Company or the value of the Tuspark Class B Ordinary Shares.

 

3

 

 

5.COVENANTS, UNDERTAKINGS AND FURTHER ASSURANCES

 

5.1          Conversion into Class A Ordinary Shares. Tuspark hereby instructs the Company to, and the Company undertakes and agrees to, convert 62,418,897 Tuspark Class B Ordinary Shares into the equal number of Class A ordinary shares, par value US$0.00001 each, of the Company (the “Class A Ordinary Shares”) with immediate effect from the Closing Date (the “Ordinary Share Conversion”). Tuspark hereby irrevocably and unconditionally appoints the Company as its sole and exclusive true and lawful proxy and attorney-in-fact, with full power of substitution, to take any action that the Company deems reasonably necessary to effect the Ordinary Share Conversion, including without limitation the preparation, execution and delivery of any documents, and payment of any expenses and fees. The expenses and fees payable in connection with the Ordinary Share Conversion shall be borne by Tuspark. Upon completion of the Ordinary Share Conversion, Tuspark will hold an aggregate of 94,415,771 Class A Ordinary Shares, and the Company agrees to, as soon as practicable and in any event within ninety (90) days after the Effective Date, cooperate with Tuspark to register the Class A Ordinary Shares then held by it with the U.S. Securities and Exchange Commission for the purpose of making such shares eligible for resale on the open market in the form of ADSs.

 

5.2           Termination of Board Representation Rights. Tuspark’s right to appoint one director and nominate one independent director to the Company’s board of directors (the “Board”) pursuant to the Existing Agreement shall automatically and irrevocably terminate immediately upon the completion of the Closing. If any director(s) appointed by Tuspark pursuant to the Existing Agreement is sitting on the Board on or after the Closing Date, Tuspark shall immediately procure such director(s) to resign from the Board or otherwise remove such director(s) from the Board.

 

5.3            Further Assurances. Each party hereto shall take all actions necessary to perform its obligations and otherwise effect the provisions of this Agreement. No party shall take any actions that would be reasonably expected to interfere, compromise or otherwise delay the transactions contemplated hereby.

 

6.MISCELLANEOUS

 

6.1            Governing Law; Arbitration. This Agreement shall be governed by and construed under the laws of Hong Kong, without regard to principles of conflicts of law thereunder. In the event the parties are unable to settle a dispute between them regarding this Agreement, such dispute shall be referred to and finally settled by arbitration in Hong Kong under the auspices of the Hong Kong International Arbitration Centre in accordance with the UNCITRAL Arbitration Rules (“UNCITRAL Rules”) then in effect, which rules are deemed to be incorporated by reference into this Section 6.1, subject to the following: (i) the arbitration tribunal shall consist of three (3) arbitrators to be appointed according to the UNCITRAL Rules, and (ii) the language of the arbitration shall be Chinese. The award of the arbitration tribunal shall be final and binding upon the disputing parties, and either party may apply to a court of competent jurisdiction for enforcement of such award. The prevailing party shall be entitled to reasonable attorney’s fees, costs and necessary disbursements in addition to any other relief to which such party may be entitled. Notwithstanding the foregoing, the request by any party for specific performance or preliminary or permanent injunctive relief, whether prohibitive or mandatory, shall not be subject to arbitration and may be adjudicated in any court of competent jurisdiction, and nothing herein shall be construed to limit any party’s ability to seek and obtain such relief.in any suit, action or proceeding by delivery of a copy thereof in accordance with the provisions of Section 6.2.

 

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6.2              Notices. All notices, requests and other communications to any party shall be in writing (including facsimile transmission and electronic mail (“e-mail”) transmission, so long as a receipt of such e-mail is requested and received) and shall be given,

 

if to the Company, to:

21Vianet Group, Inc.

Guanjie Building, Southeast 1st Floor
10# Jiuxianqiao East Road
Chaoyang District, Beijing 100016
Attention: Sharon Liu, Chief Financial Officer
Email: liu.xiao@21vianet.com

 

With a copy (which shall not constitute notice) to:

Cooley LLP

c/o 3501, 35/F, Two Exchange Square

8 Connaught Place

Central, Hong Kong

Attn: Will H. Cai, Esq.

Email: wcai@cooley.com

 

if to Tuspark, to:

Tuspark Innovation Venture Limited

Address: F15 Tower A Innovation Plaza, Haidian District 100084 Beijing

Attention: Chuilan ZENG

E-mail: zengcl@tusholdings.com

 

6.3              Successors and Assigns. Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns, heirs, executors and administrators of the parties hereto. This Agreement and the rights and obligations therein may not be assigned by any party thereto without the written consent of the other party.

 

6.4             Entire Agreement. This Agreement constitutes the entire understanding and agreement between the parties hereto with regard to the subjects hereof and thereof; providedhowever, that nothing in this Agreement or related agreements shall be deemed to terminate or supersede the provisions of any confidentiality and non-disclosure agreements executed by the parties hereto prior to the date hereof, which agreements shall continue in full force and effect until terminated in accordance with their respective terms.

 

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6.5              Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument. facsimile and e-mailed copies of signatures shall be deemed to be originals for purposes of the effectiveness of this Agreement.

 

IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to execute this Agreement as of the date and year first above written.

 

  COMPANY:
   
  21Vianet Group, Inc.
   
  By:                 
  Name:
  Title:

 

6

 

 

IN WITNESS WHEREOF, the parties hereto have caused their respective duly authorized representatives to execute this Agreement as of the date and year first above written.

 

  TUSPARK:
   
  Tuspark Innovation Venture Limited
   
  By:              
  Name:
  Title:

 

7