UNITED
STATES
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 January 2010
Commission
File Number: 000-50826
KONGZHONG
CORPORATION
(Translation
of registrant’s name into English)
35/F,
Tengda Plaza, No. 168 Xizhimenwai Street
Beijing,
China 100044
(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 o
(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 o 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 |
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1.1
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KongZhong
Corporation Announces Changes to Acquisition of Shanghai Dacheng
Network
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4
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FORWARD-LOOKING
STATEMENTS
The press
release and presentation of KongZhong Corporation (the “Company”), constituting
Exhibits 1.1 to this Form 6-K, contain statements that may be viewed as
“forward-looking statements” within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of
1934, as amended. Such forward-looking statements are, by their
nature, subject to significant risks and uncertainties that may cause the actual
performance, financial condition or results of operations of the Company to be
materially different from any future performance, financial condition or results
of operations expressed or implied by such forward-looking
statements. Such forward-looking statements include, without
limitation, statements regarding trends in the wireless value-added services,
wireless media and mobile games industries and our future business, financial
conditions, results of operations and prospects.
Although
such statements are based on the Company’s own information and information from
other sources it believes to be reliable, you should not place undue reliance on
them. These statements involve risks and uncertainties, and actual market trends
and the Company’s results may differ materially from those expressed or implied
in these forward-looking statements for a variety of reasons. Potential risks
and uncertainties include, but are not limited to, continued competitive
pressures in China's wireless value-added services, wireless media and mobile
games industries and the effect of such pressure on prices; unpredictable
changes in technology, consumer demand and usage preferences in the
market; the state of and any change in the Company’s relationship with
China's telecommunications operators; the Company’s dependence on the billing
systems of telecommunications operators for its performance; the outcome of the
Company’s investment of operating income generated from the wireless value-added
services segment into the development of its wireless Internet segment and
mobile games segment; changes in the regulations or policies of the Ministry of
Industry and Information Technology and other relevant government authorities in
China or elsewhere; and changes in political, economic, legal and social
conditions in China, including the government's policies with respect to
economic growth, foreign exchange, foreign investment and entry by foreign
companies into China's telecommunications market. For additional discussion of
these risks and uncertainties and other factors, please see the Company’s most
recent Annual Report on Form 20-F filed with the Securities and Exchange Commission. The
Company assumes no obligation to update any forward-looking statements, which
apply only as of the date of this report on Form 6-K.
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.
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KONGZHONG
CORPORATION |
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Date:
January 14, 2010 |
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By:
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Name:
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Leilei
Wang
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Title:
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Chief
Executive Officer
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KongZhong Corporation
Announces Changes to Acquisition of Shanghai Dacheng Network
Beijing,
China, January 14, 2010 – KongZhong Corporation (NASDAQ: KONG), a
leading mobile Internet company in China, today announced that it has entered
into an amendment to the share purchase agreement with Shanghai Dacheng Network
Technology Co., Ltd. (Dacheng) and its shareholders (which was previously
announced in the Company’s press release on December 15, 2009), which includes
the entering into certain business cooperation agreements among Dacheng, its
shareholders and one of the Company’s wholly-owned
subsidiaries. Pursuant to these business cooperation agreements, the
Company will obtain control of Dacheng and expects to be able to consolidate
Dacheng’s financial results into the Company’s financial statements beginning no
later than February 10, 2010.
The other
major terms contained in the share purchase agreement remain unchanged as
described in the Company’s press release on December 15, 2009.
About
KongZhong
KongZhong
Corporation is a leading mobile Internet company in China. The
Company delivers wireless value-added services to consumers in China through
multiple technology platforms, including wireless application
protocol (WAP), multimedia messaging service (MMS), JAVATM, short
messaging service (SMS), interactive voice response (IVR) and color ring-back
tone (CRBT). The Company operates three wireless Internet sites,
Kong.net, Ko.cn and cn.NBA.com, which enable users to access media,
entertainment and community content directly from their mobile
phones. The Company also designs and operates mobile games, including
mobile online games, JAVA games and WAP games.
Safe Harbor
Statement
This
press release contains “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such forward-looking statements
include, without limitation, statements regarding trends in the wireless
value-added services, wireless media and mobile games industries and our future
business, financial conditions, results of
operations and prospects. Although such statements are
based on our own information and information from other sources we believe to be
reliable, you should not place undue reliance on them. These
statements involve risks and uncertainties, and actual market trends and our
results may differ materially from those expressed or implied in these
forward-looking statements for a variety of reasons. Potential risks
and uncertainties include, but are not limited to, our failure to fully realize
the anticipated synergies or benefits from our mergers and acquisitions;
continued competitive pressures in China’s wireless value-added services,
wireless media and mobile games industries and the effect of such pressure on
prices; unpredictable changes in technology, consumer demand and usage
preferences in the market; the state of and any change in our relationship with
China’s telecommunications operators; our dependence on the billing systems of
telecommunications operators for our performance; the outcome of our investment
of operating income generated from the wireless value-added services segment
into the development of our wireless Internet segment and mobile games segment;
changes in the regulations or policies of the Ministry of Industry and
Information Technology and other relevant government authorities in China or
elsewhere; and changes in political, economic, legal and social conditions in
China, including the government’s policies with respect to economic growth,
foreign exchange, foreign investment and entry by foreign companies into China’s
telecommunications market. For additional discussion of these risks
and uncertainties and other factors, please see our most recent Annual Report on
Form 20-F filed with the Securities and Exchange Commission. We
assume no obligation to update any forward-looking statements, which apply only
as of the date of this press release.
KongZhong
Contacts
Investor
Contact:
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Media
Contact:
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Jay
Chang
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Xiaohu
Wang
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Chief
Financial Officer
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Manager
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Tel.:
(+86-10) 8857-6000
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Tel:
(+86-10) 8857-6000
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Fax:
(+86-10) 8857-5891
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Fax:
(+86-10) 8857-5900
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E-mail:
ir@kongzhong.com
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E-mail:
xiaohu@kongzhong.com
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