<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO___________)*
Digital Village World Technologies Inc.
______________________________
(Name of Issuer)
Common Stock, $0.001 Par Value Per Share
______________________________
(Title of Class of Securities)
25388R109
______________________________
(CUSIP Number)
David L. Ficksman, Esq.
Loeb & Loeb LLP
10100 Santa Monica Boulevard, Suite 2200, Los Angeles, CA 90067
(310) 282-2350
______________________________________________________________________________
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 18, 2000
______________________________________________________________________________
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
* 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 the
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, as amended (the "Exchange Act") or otherwise subject to the liabilities of
that section of the Exchange Act but shall be subject to all other provisions of
the Exchange Act.
Page 1 of 6
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CUSIP NO. 25388R109
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1 NAMES OF REPORTING PERSONS
Tianjin Teda Yu Cheung Group Co. Ltd.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
Not Applicable
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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SOURCE OF FUNDS (See Instructions)
4
OO
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
5 TO ITEMS 2(d) or 2(e) [_]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
China
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SOLE VOTING POWER
7
NUMBER OF 6,000,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 6,000,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
6,000,000
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CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
12
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
46.0%
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TYPE OF REPORTING PERSON
14
OO
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ITEM 1. SECURITY AND ISSUER
This statement on Schedule 13D relates to the common stock, $0.001 par
value per share (the "Common Stock"), of Digital World Village Technologies
Inc., a Nevada Corporation (the "Issuer"). The principal executive office of the
Issuer is located at 8980 Fraserwood Court, Unit 10, Burnaby British Columbia
Canada V5J 5H7
ITEM 2. IDENTITY AND BACKGROUND
(a) - (c) This statement on Schedule 13D is filed by Tianjin Teda Yu Cheung
Group Co. Ltd. ("Reporting Person"). The address of the Reporting person is 8th
Floor, B Section, International Trade Plaza, 129 Nanjing Road, Heping District,
Tianjin, 300050 China.
Set forth on Appendix A hereto is a schedule setting forth the names and
titles of the executive officers of the Reporting Person, the name, present
principal occupation or employment of the Directors of the Reporting Person and
the name, principal business and address of any corporation or other
organization in which such employment is conducted.
(d) and (e) During the past five years, the Reporting Person has not (i)
been convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction as a result of which such person
was or is subject to a judgment, decree or final order enjoining future
violations of or prohibiting or mandating activity subject to federal or state
securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
In connection with the closing under the Share Exchange Agreement dated as
of December 18, 2000, by and among the Issuer, the Cheung Group, Richard Wang,
Peng Chen, Brian Roberts, Zun Zhao Li, Karen Dadson, Zhankui Mu, Jun Zhou,
Yinghua Gao, Xuexian Xiao, Zun Zhao Li, Pei Zhang, Yuanjian Lin, Xiuzhuang Bian,
David Tam and Songsheng Yin and Digital Village World Technologies (Canada) Ltd.
(the "Share Exchange Agreement"), the Reporting Person acquired 6,000,000 shares
of the Issuer in exchange for the Cheung Group's interest of Digital World
Village Technologies, Inc. (Canada), a wholly owned subsidiary of the Cheung
Group.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Person entered into the above mentioned transaction to
acquire the shares of Common Stock for investment purposes. The Common Stock
was acquired pursuant to the Share Exchange Agreement as described in Item 3
hereof.
The Reporting Person intends to review on a continuing basis its investment
in the Issuer and may, depending upon the evaluation of his financial planning,
upon the Issuer's business and prospects and upon future developments in
general business, economic and market conditions, determine to increase,
decrease or continue to hold or dispose of the position in the Issuer.
Except as set forth in the previous paragraphs, the Reporting Person has no
plans or proposals that relate to or would result in: (a) the acquisition by
any person of additional securities of the Issuer, or the disposition of
securities of the Issuer; (b) an extraordinary corporate transaction, such as a
merger, reorganization or liquidation or any of its subsidiaries; (c) any change
in the present Board of Directors or management of the Issuer; (d) any material
change in the present capitalization or dividend policy of the Issuer; (e) any
other material change in the Issuer, involving the Issuer or any of its
subsidiaries; (f) a sale or transfer of a material amount of assets of the
Issuer's business or corporate structure; (g) changes in the Issuer's charter,
bylaws or instruments corresponding thereto or other actions which may impede
the acquisition of control of the Issuer by any person; (h) causing a class of
securities of the Issuer to be delisted from a national securities exchange or
to cease to be authorized to be quoted in an inter-dealer quotation system of a
registered national securities association; (i) a class of equity securities of
the Issuer becoming eligible for termination of registration pursuant to Section
12(g)(4) of the Exchange Act; or (j) any action similar to any of those
enumerated in (a)-(i) above.
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) The table below sets forth the aggregate number of shares and
percentage of the Company's outstanding shares beneficially owned by the
Reporting Person.
<TABLE>
<CAPTION>
Reporting Person Number of Shares Percentage of Total Citizenship
---------------- ---------------- ------------------- -----------
<S> <C> <C> <C>
Tianjin Teda Yu Cheung Group Co. Ltd. 6,000,000 46.8% China
</TABLE>
(b) The Reporting Person, holds the sole power to vote and to dispose or
direct the disposition of their shares of Common Stock.
(c) The Reporting Persons has not effected any transaction in the Common
Stock during the past 60 days, except as disclosed herein.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Other than as described in Item 4 above, to the Reporting Person's
knowledge, there are no contracts, arrangements, understandings or relationships
(legal or otherwise) among the persons named in Item 2 and between such persons
and any person with respect to any securities of the Issuer, including but not
limited to transfer or voting of any of the securities, finder's fees, joint
ventures, loan or option arrangements, puts or calls, guarantees of profits,
division of profits or loss, or the giving or withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
EXHIBIT NO. DESCRIPTION
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1.1 Share Exchange Agreement, dated as of December 18, 2000
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information named in this statement is true, complete and correct.
Date: December 18, 2000
/s/ Tianjin Teda Yu Cheung Group Co. Ltd.
-----------------------------------------
Tianjin Teda Yu Cheung Group Co. Ltd.
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Appendix A
Officers & Directors of Tianjin Teda Yu Cheung Group Co. Ltd.*
Name Title
---- -----
She Nian Cao** Director
Yue Gao** Director
Wen Bin Li
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* The address for each of the directors is Tianjin Teda Yu Cheung Group Co.
Ltd. 8th Floor, B Section, International Trade Plaza, 129 Nanjing Road, Heping
District, Tianjin, 300050 China.
** The country of citizenship is the China
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