淘屏2015年度报告

20-F 1 form20f.htm 20-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549FORM 20-F (Mark One) [ ] REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2015 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________OR [ ] SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report _________________________Commission file number: 001-35722 CHINA INFORMATION TECHNOLOGY, INC. (Exact Name of Registrant as Specified in Its Charter)Not Applicable (Translation of Registrant’s Name Into English)British Virgin Islands (Jurisdiction of Incorporation or Organization)21st Floor, Everbright Bank Building Zhuzilin, Futian District Shenzhen, Guangdong 518040 People’s Republic of China (Address of Principal Executive Offices)Mr. Jiang Huai Lin, Chief Executive Officer 21st Floor, Everbright Bank Building Zhuzilin, Futian District Shenzhen, Guangdong 518040 People’s Republic of China Tel: +86-755-88319888Fax: + 86-755-83709333 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange On Which Registered Ordinary Shares, $0.01 par value NASDAQ Global Select Market Securities registered or to be registered pursuant to Section 12(g) of the Act. None (Title of Class)Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. None (Title of Class)Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report (December 31, 2015): 39,331,364 ordinary sharesIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [ ] No [X] If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes [ ] No [X] Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X] No [ ] Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. Large Accelerated Filer [ ]Accelerated Filer [ ]Non-Accelerated Filer [X]Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP [X] International Financial Reporting Standards as issued by the International Accounting Standards Board [ ] Other [ ] If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow.[ ] Item 17 [ ] Item 18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X] Annual Report on Form 20-FYear Ended December 31, 2015TABLE OF CONTENTS Page PART I ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS2 A. Directors and Senior Management2 B. Advisors2 C. Auditors2 ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE2 A. Offer Statistics2 B. Method and Expected Timetable2 ITEM 3. KEY INFORMATION2 A. Selected Financial Data2 B. Capitalization and Indebtedness3 C. Reasons for the Offer and Use of Proceeds3 D. Risk Factors3 ITEM 4. INFORMATION ON THE COMPANY21 A. History and Development of the Company21 B. Business Overview26 C. Organizational Structure35 D. Property, Plants and Equipment35 ITEM 4A. UNRESOLVED STAFF COMMENTS35 ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS35 A. Operating Results35 B. Liquidity and Capital Resources45 C. Research and Development, Patents and Licenses, Etc.48 D. Trend Information48 E. Off-Balance Sheet Arrangements48 F. Tabular Disclosure of Contractual Obligations49 G. Safe Harbor49 i ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES49 A. Directors and