Form 6-K China Digital TV Holding For: May 29

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

 

For the Month of May 2015

 

Commission File Number 001-33692

 

China Digital TV Holding Co., Ltd.
(Translation of registrant’s name into English)

 

Jingmeng High-Tech Building B, 4^th Floor
No. 5 Shangdi East Road
Haidian District, Beijing 100085
People’s Republic of China
(Address of principal executive offices)

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

 

Form 20-F X Form 40-F___

 

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):        )

 

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ___)

 

(Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes ____ No   X  

 

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82-             .)

 

 

EXHIBITS 

 

Exhibit Number		Page
99.1	Press release, dated May 29, 2015	4

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	CHINA DIGITAL TV HOLDING CO., LTD.
Date: May 29, 2015	By:        /s/ Zengxiang LU
	Name: Zengxiang LU
	Title: Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

China Digital TV and Tongda Venture Co-invest in Fund Targeting Digital Radio and Television Investments

 

BEIJING, May 29, 2015 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) (“China Digital TV” or the “Company”), the leading provider of cloud-based application platforms and conditional access (“CA”) systems which enable China's digital cable television market to offer and secure diversified content services, and Shanghai Tongda Venture Capital Co., Ltd. (“Tongda Venture”) (SSE: 600647), a company listed on the Shanghai Stock Exchange to which the Company will sell a portion of its assets to in an ongoing transaction, today announced that they will co-invest in a fund which will invest in opportunities that are leading in the transformation of China’s digital TV industry.

 

Initially, China Digital TV and Tongda will invest RMB100 million and RMB200 million in the fund, respectively, as limited partners. Shoutai Jinxin, a fund management company, will be the general partner. The fund aims to raise approximately RMB3 billion. China Digital TV will work closely with the general partner and leverage its rich experience in the digital television industry to contribute to the success of the fund.

 

“As our asset restructuring with Tongda moves forward, we are pleased to also co-invest with them in this fund and support opportunities in the exciting emerging frontier of digital TV solutions,” said Dr. Zengxiang Lu, China Digital TV's acting chief executive officer. “Furthermore, we believe the success of the fund will help to promote the business development of both our company and Tongda Venture going forward.”

 

About China Digital TV

 

Founded in 2004, China Digital TV enables television network operators to manage, extend and diversify content services across households and public areas in China. China Digital TV is the leading provider of cloud-based application platforms and network broadcasting platform ("NBP") services to Chinese cable operators, helping them to effectively bring mobile gaming apps and other entertainment options to household television sets, and extend cable programming outside the home to any mobile device. China Digital TV is also the leading provider of CA systems in China's digital television market. CA systems enable television network operators to secure the delivery of content to their subscribers. The Company cooperates with nearly all of China’s cable television operators.

 

For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn.

 

For investor and media inquiries, please contact:

 

China Digital TV Holding Co., Ltd.

Nan Hao

Investor Relations Manager

Tel: +86-10-6297-1199 x 9780

Email: [email protected]

 

ICR, Inc.

Charles Eveslage

Tel: +1 (646) 328-1950

Email: [email protected]

 

 

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