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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
As Filed With the Securities and Exchange Commission on January 19, 2005 </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>SECURITIES AND EXCHANGE
COMMISSION <BR>WASHINGTON, D.C. 20549</B> </FONT> </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>FORM S-8</B> </FONT> </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>REGISTRATION STATEMENT
UNDER THE <BR>SECURITIES ACT OF 1933</B> </FONT> </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><B>NINETOWNS DIGITAL WORLD
TRADE HOLDINGS LIMITED</B> </FONT> <BR><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Exact Name of
Registrant as Specified in Its Charter) </FONT> </P>

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<P ALIGN=CENTER></P>

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     <TD><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
<B>Cayman Islands</B><BR>
(State or Other Jurisdiction<BR>
of Incorporation or Organization)</FONT></P>
</TD>
     <TD><P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
<B>Not Applicable</B><BR>
(I.R.S. Employer<BR>
Identification Number)</FONT></P>
</TD></TR>
</TABLE>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>5th Floor, Union Plaza <BR>
20 Chaowai Street,
Chaoyang District <BR>
Beijing 100020, People&#146;s Republic of China <BR>
(8610) 6588-7788</B><BR>
(Address, Including Zip Code, and Telephone Number, Including Area Code,<BR>
of Registrant&#146;s Principal Executive Offices)  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Ninetowns Digital World
Trade Holdings Limited Employee Share Option Scheme<BR>
Ninetowns Digital World Trade Holdings Limited 2004 Share Option Plan</B><BR>
(Full Title of the Plans) </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>CT Corporation System<BR>
111 Eighth Avenue<BR>
13th Floor, New York, NY 10011<BR>
(212) 894-8940</B><BR>
<I>(Name, address, including zip code and telephone number, including area code, of agent for service)</I>
</FONT></P>

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<P ALIGN=CENTER>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B><I>Copies to:</I><BR>
Neil A. Torpey, Esq. <BR>
Paul, Hastings, Janofsky &amp; Walker LLP<BR>
22nd Floor, Bank of China Tower<BR>
1 Garden Road, Central, Hong Kong <BR>
(852) 2867-9988</B> </FONT> </P>

<TABLE CELLPADDING=5 CELLSPACING=0 BORDER=1 ALIGN=Center WIDTH=100%>
<TR VALIGN=Bottom>
     <TH COLSPAN=5><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
CALCULATION OF REGISTRATION FEE
</FONT></TH>
</TR>
<TR VALIGN=Bottom>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title of securities<BR>
to be registered</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount to be<BR>
registered<SUP>(1)</SUP></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed<BR>
maximum<BR>
offering<BR>
price per<BR>
share</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed maximum<BR>
aggregate<BR>
offering price</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount of<BR>
registration fee</FONT></TH>
</TR>
<TR VALIGN=Bottom>
     <TD NOWRAP ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ordinary shares, par value HK$0.025 per share<SUP>(4)</SUP></FONT></TD>
     <TD NOWRAP ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2,574,400</FONT></TD>
     <TD NOWRAP ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.21<SUP>(2)</SUP></FONT></TD>
     <TD NOWRAP ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$8,263,824<SUP>(2)</SUP></FONT></TD>
     <TD NOWRAP ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$972.65</FONT></TD>
</TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Ordinary shares, par value HK$0.025 per share<SUP>(4)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1,800,000</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>9.49<SUP>(3)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$17,082,000<SUP>(3)</SUP></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$2,010.55</FONT></TD>
</TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Total</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4,374,400</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$2,983.20</FONT></TD>
</TR>
</TABLE>

<BR>

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          <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
               <TR VALIGN=TOP>
               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
               <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, this
               Registration Statement includes an indeterminate number of additional shares
               which may be offered and issued to prevent dilution from share splits, share
               dividends or similar transactions as provided in the above-referenced plans. </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
               <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               These shares are offered under the Employee Share Option Scheme. Pursuant to
               Rule 457(h)(1), the maximum aggregate offering price is calculated as the
               product of 2,574,400 shares issued and issuable upon exercise of outstanding
               options multiplied by the same exercise price of $3.21 per share, which is equal
               to an aggregate offering price of $8,263,824. The Registrant will not issue any
               additional options under this plan. </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
               <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               These shares are offered under the 2004 Share Option Plan. Pursuant to Rule
               457(h)(1), the maximum aggregate offering price is calculated as the product of
               1,800,000 shares issuable under the plan multiplied by the average of the high
               and low prices for the Registrant&#146;s American Depositary Shares, or ADSs, as
               quoted on the Nasdaq National Market on January 18, 2005, or $9.49, which is
               equal to an aggregate offering price of $17,082,000. </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4) </FONT></TD>
               <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               These shares may be represented by the Registrant&#146;s ADSs, each of which
               represents one ordinary share. The Registrant&#146;s ADSs issuable upon deposit
               of the ordinary shares registered hereby have been registered under a separate
               registration statement on Form F-6 (333-120567), as amended. </FONT></TD>
               </TR>
               </TABLE>
               <BR>


<PAGE><BR><BR>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>TABLE OF CONTENTS</B> </FONT> </P>

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<TR VALIGN="TOP">
     <TD COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Part I -- Information Required in the Section 10(A) Prospectus<BR>
Part II -- Information Required in the Registration Statement
</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD WIDTH=30>&nbsp;</TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 3. Incorporation of Documents by Reference.<BR>
Item 4. Description of Securities.<BR>
Item 5. Interests of Named Experts and Counsel.<BR>
Item 6. Indemnification of Directors and Officers.<BR>
Item 7. Exemption from Registration Claimed.<BR>
Item 8. Exhibits.<BR>
Item 9. Undertakings.
     </FONT></TD></TR>
<TR VALIGN="TOP">
     <TD COLSPAN=2><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Signatures<BR>
Power of Attorney<BR>
Exhibit Index
</FONT></TD></TR>
</TABLE>

<BR><BR>

<TABLE BORDER="0" CELLPADDING="5" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit<BR><U>&nbsp;&nbsp;&nbsp;No.&nbsp;&nbsp;&nbsp;</U></FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Description</U></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">3.1</FONT></TD>
     <TD WIDTH=15>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amended and Restated Memorandum and Articles of Association of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen American Depositary Receipt of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen Share Certificate of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.3</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Form of Deposit Agreement among the Registrant, JPMorgan Chase Bank, N.A. and holders of the American Depositary Receipts*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Opinion of Conyers Dill &amp; Pearman, Cayman</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Employee Share Option Scheme*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">2004 Share Option Plan*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Deloitte Touche Tohmatsu</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Conyers Dill &amp; Pearman, Cayman (contained in Exhibit 5.1)</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">24.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Power of Attorney (see signature page of this Registration Statement)</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">*</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Incorporated by reference for the Registrant's Registration Statement filed with the Commission on
November 3, 2004 and as amended on November 18, 2004. See Part II, Item 3(c) hereunder.
</FONT></TD></TR>
</TABLE>


<PAGE><BR><BR><BR>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART I </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED IN
THE SECTION 10(a) PROSPECTUS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
documents containing the information specified in Part I of Form S-8 (plan information and
registrant information) will be sent or given as
specified by Securities and Exchange Commission Rule 428(b)(1). Such documents need not be
filed with the Securities and Exchange Commission (the &#147;Commission&#148;) either as
part of this Registration Statement or as prospectuses or prospectus supplements pursuant
to Rule 424. These documents and the documents incorporated by reference in this
Registration Statement pursuant to Part II, Item 3 of Form S-8, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities
Act. </FONT></P>

<PAGE><BR><BR><BR>




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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED IN
THE REGISTRATION STATEMENT </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3. Incorporation of
Documents by Reference </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents filed by Ninetowns Digital World Trade Holdings Limited (the
&#147;Registrant&#148;) with the Commission are incorporated by reference herein: </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;
          The Registrant&#146;s prospectus filed with the Commission on December 3,
          2004 pursuant to Rule 424(b) under the Securities Act, which includes audited
          financial statements for the Registrant&#146;s 2003 fiscal year. </FONT></P>


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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;
          The description of the Registrant&#146;s ordinary shares contained in its
          Registration Statement on Form 8-A (File No. 000-51025) filed with the
          Commission on November 16, 2004 pursuant to the Securities Exchange Act of 1934,
          as amended (the &#147;Exchange Act&#148;), which incorporates by reference the
          description of the Registrant&#146;s ordinary shares set forth under
          &#147;Description of share capital&#148; in the Registrant&#146;s prospectus
          filed with the Commission on December 3, 2004 pursuant to Rule 424(b) of the
          Securities Act. </FONT></P>


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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;
          Exhibits 3.1, 4.1, 4.2 and 4.3 to the Registrant&#146;s Registration Statement
          filed with the Commission on November 3, 2004 and as amended on November 18,
          2004. See Part II, Item 8 hereof. </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents filed pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after
the date of this Registration Statement and prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or which
deregisters all securities then remaining unsold shall be deemed to be incorporated by
reference into this Registration Statement and to be a part hereof from the date of filing
of such documents. Any statement contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded for purposes
of this Registration Statement to the extent that a statement contained herein or in any
subsequently filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 4. Description of
Securities </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
Applicable. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5. Interests of
Named Experts and Counsel </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
Applicable. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 6. Indemnification
of Directors and Officers </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Cayman Islands law does not limit the extent to which a company&#146;s articles of
association may provide for indemnification of directors and officers, except to the
extent any such provision may be held by the Cayman Islands courts to be contrary to
public policy, such as to provide indemnification against civil fraud or the
consequences of committing a crime. Article 160 of the Registrant&#146;s amended and
restated articles of association provide that the Registrant may indemnify its
directors, officers and any other agent of the Registrant and its liquidator or
trustees (if any) and their heirs, executors and administrators, acting in relation to
any of its affairs against actions, costs, charges, losses, damages and expenses
incurred or sustained by reason of any act done, concurred or omitted in the execution
of their duty in their capacities as such, except to any matter in respect of any fraud
or dishonesty which may attach to any of them.
</FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 7. Exemption from
Registration Claimed </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
Applicable </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8. Exhibits </FONT></H1>

<TABLE BORDER="0" CELLPADDING="5" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit<BR><U>&nbsp;&nbsp;&nbsp;No.&nbsp;&nbsp;&nbsp;</U></FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Description</U></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">3.1</FONT></TD>
     <TD WIDTH=15>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amended and Restated Memorandum and Articles of Association of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen American Depositary Receipt of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen Share Certificate of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.3</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Form of Deposit Agreement among the Registrant, JPMorgan Chase Bank, N.A. and holders of the American Depositary Receipts*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Opinion of Conyers Dill &amp; Pearman, Cayman</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Employee Share Option Scheme*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">2004 Share Option Plan*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Deloitte Touche Tohmatsu</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Conyers Dill &amp; Pearman, Cayman (contained in Exhibit 5.1)</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">24.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Power of Attorney (see signature page of this Registration Statement)</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">*</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Incorporated by reference for the Registrant's Registration Statement filed with the Commission on
November 3, 2004 and as amended on November 18, 2004. See Part II, Item 3(c) hereunder.
</FONT></TD></TR>
</TABLE>

<PAGE><BR><BR><BR>



<!-- MARKER FORMAT-SHEET="Head Major Left Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9. Undertakings </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- Arial" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;
          The undersigned Registrant hereby undertakes: </FONT></P>


<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- Arial" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;
          To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:</FONT></P>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp;To include any prospectus required by Section 10(a)(3) of the Securities Act;
 </FONT></P>
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(ii)&nbsp;&nbsp;&nbsp;To reflect in the prospectus any facts or events arising after the effective date of
this Registration Statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in this Registration Statement; and
 </FONT></P>
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(iii)&nbsp;&nbsp;&nbsp;To include any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to such
information in this Registration Statement;
 </FONT></P>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed with or furnished to the Commission by the
Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by
reference in this Registration Statement.
 </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- Arial" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;
          that, for the purpose of determining any liability under the Securities Act,
          each such post-effective amendment shall be deemed to be a new registration
          statement relating to the securities offered therein, and the offering of such
          securities at that time shall be deemed to be the initial bona fide offering
          thereof; and </FONT></P>


<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- Arial" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;
          to remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold upon the termination of the
          option plans of the Registrant set forth on the cover page hereof. </FONT></P>


<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- Arial" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;
          The undersigned Registrant hereby undertakes that, for purposes of determining
          any liability under the Securities Act, each filing of the Registrant&#146;s
          annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act
          that is incorporated by reference in the Registration Statement shall be deemed
          to be a new registration statement relating to the securities offered therein,
          and the offering of such securities at that time shall be deemed to be the
          initial bona fide offering thereof. </FONT></P>


<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- Arial" FSL="Default" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;
          Insofar as indemnification for liabilities arising under the Securities Act may
          be permitted to directors, officers and controlling persons of the Registrant
          pursuant to the indemnity provisions summarized in Item 6 above or otherwise,
          the Registrant has been advised that in the opinion of the Commission such
          indemnification is against public policy as expressed in the Securities Act, and
          is, therefore, unenforceable. In the event that a claim for indemnification
          against such liabilities (other than the payment by the Registrant of expenses
          incurred or paid by a director, officer or controlling person of the Registrant
          in the successful defense of any action, suit or proceeding) is asserted by such
          director, officer or controlling person in connection with the securities being
          registered, the Registrant will, unless in the opinion of its counsel the matter
          has been settled by controlling precedent, submit to a court of appropriate
          jurisdiction the question whether such indemnification by it is against public
          policy as expressed in the Securities Act and will be governed by the final
          adjudication of such issue. </FONT></P>



<PAGE><BR><BR><BR>



<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-Arial" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Signatures </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-Arial" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the People&#146;s Republic of China, on the
19th day of January, 2005. </FONT></P>

<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">NINETOWNS DIGITAL WORLD<BR>TRADE HOLDINGS LIMITED
<BR>
<BR>
<BR>
<BR>
By:<U>&nbsp;&nbsp;/s/ Shuang Wang&nbsp;&nbsp;</U><BR>
Name: Shuang Wang<BR>
Title: Chief Executive Officer<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(principal executive officer) </FONT>
</TD></TR>
</TABLE>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold 1-Arial" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power of attorney </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-Arial" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW
ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby
constitute and appoint Shuang Wang and Tommy Siu Lun Fork, and each of them, as his true
and lawful attorneys-in-fact and agents, each with full power of substitution and
re-substitution, for him and in his name, place and stead, in any and all capacities, to
sign any and all amendments (including post-effective amendments) to this Registration
Statement and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in connection therewith
and about the premises, as fully to all intents and purposes as he might or could do
in-person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or
any of them, or their or his substitutes or substitutes, may lawfully do or cause to be
done by virtue hereof. </FONT></P>


<PAGE><BR><BR><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-Arial" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the requirements of the
Securities Act of 1933, this Registration Statement has been signed by the following
persons in the capacities and on the dates indicated. </FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH=760>
<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Signature<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title<BR><BR><BR></FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Date<BR><BR><BR></FONT></TH></TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER">
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>/s/ Shuang Wang </U><BR>
Shuang Wang <BR>
<BR>
<U>/s/ Tommy Siu Lun Fork </U><BR>
Tommy Siu Lun Fork<BR>
<BR>
<U>/s/ Tat Man Lee </U><BR>
Tat Man Lee<BR>
<BR>
<U>/s/ Kin Fai Ng </U><BR>
Kin Fai Ng<BR>
<BR>
<U>/s/ Kenneth Sze Ho Siu </U><BR>
Kenneth Sze Ho Siu<BR>
<BR>
<U>/s/ Gerry Ka Cheung Wai </U><BR>
Gerry Ka Cheung Wai<BR>
<BR>
<U>/s/ Stephen Jung Tsue</U>i <BR>
Stephen Jung Tsuei<BR>
<BR>
<U>/s/ Dachun Zhang </U><BR>
Dachun Zhang<BR>
<BR>
<U>/s/ Fushan Chen </U><BR>
Fushan Chen<BR>
<BR>
<U>/s/ Xiaomin Sun </U><BR>
Xiaomin Sun<BR>
<BR>
<U>/s/ Mark Ming Hsun Lee</U> <BR>
Mark Ming Hsun Lee </FONT>
</TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
        Director and Chief Executive<BR>
    Officer (principal executive officer)    <BR>
<BR>
           Chief Financial Officer<BR>
(principal financial and accounting officer) <BR>
<BR>
     Director and Chairman of the Board      <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
<BR>
                  Director                   <BR>
<BR>
</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
<BR>
January 19, 2005<BR>
<BR>
</FONT></TD></TR>
</TABLE>


<PAGE><BR><BR><BR>



<!-- MARKER FORMAT-SHEET="Head Minor Center Bold-TNR" FSL="Workstation" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Signature of authorized
representative in the United States </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush Lv 0-Arial" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the Securities Act of
1933, as amended, the undersigned, being the duly authorized representative in the United
States of Ninetowns Digital World Trade Holdings Limited has signed this Registration
Statement or amendment thereto in the City of Newark, State of Delaware, on
January 19, 2005. </FONT></P>

<BR><BR>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">PUGLISI &amp; ASSOCIATES<BR>
<BR>
<BR>
<BR>
<BR>
By:<U>&nbsp;&nbsp;/s/ Donald J. Puglisi&nbsp;&nbsp;</U><BR>
Name: Donald J. Puglisi<BR>
Title: Managing Director </FONT>
</TD></TR>
</TABLE>


<PAGE><BR><BR>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>EXHIBIT INDEX</B> </FONT> </P>

<TABLE BORDER="0" CELLPADDING="5" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Exhibit<BR><U>&nbsp;&nbsp;&nbsp;No.&nbsp;&nbsp;&nbsp;</U></FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>Description</U></FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">3.1</FONT></TD>
     <TD WIDTH=15>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amended and Restated Memorandum and Articles of Association of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen American Depositary Receipt of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen Share Certificate of the Registrant*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.3</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Form of Deposit Agreement among the Registrant, JPMorgan Chase Bank, N.A. and holders of the American Depositary Receipts*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Opinion of Conyers Dill &amp; Pearman, Cayman</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Employee Share Option Scheme*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">10.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">2004 Share Option Plan*</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Deloitte Touche Tohmatsu</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.2</FONT></TD>
     <TD>&nbsp; </TD>
     <TD> <FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Conyers Dill &amp; Pearman, Cayman (contained in Exhibit 5.1)</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">24.1</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Power of Attorney (see signature page of this Registration Statement)</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">*</FONT></TD>
     <TD>&nbsp; </TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
Incorporated by reference for the Registrant's Registration Statement filed with the Commission on
November 3, 2004 and as amended on November 18, 2004. See Part II, Item 3(c) hereunder
</FONT></TD></TR>
</TABLE>

</BODY>
</HTML>
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{"company-data": {"conformed-name": "NINETOWNS DIGITAL WORLD TRADE HOLDINGS LTD", "cik": "0001285735", "assigned-sic": "7389", "irs-number": "000000000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-122138", "film-number": "05535870"}, "business-address": {"street1": "5TH FLOOR UNION PLAZA 20 CHAOWAI STREET", "street2": "CHAOYANG DISTRICT BEIJING 100020", "city": "BEIJING", "state": "F4", "zip": "00000", "phone": "85228684186"}, "mail-address": {"street1": "5TH FLOOR UNION PLAZA 20 CHAOWAI STREET", "street2": "CHAOYANG DISTRICT BEIJING 100020", "city": "BEIJING", "state": "F4", "zip": "00000"}}
As Filed With the Securities and Exchange Commission on January 19, 2005
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE
SECURITIES ACT OF 1933
NINETOWNS DIGITAL WORLD
TRADE HOLDINGS LIMITED
(Exact Name of
Registrant as Specified in Its Charter)
Cayman Islands
(State or Other Jurisdiction
of Incorporation or Organization)
Not Applicable
(I.R.S. Employer
Identification Number)
5th Floor, Union Plaza
20 Chaowai Street,
Chaoyang District
Beijing 100020, People's Republic of China
(8610) 6588-7788
(Address, Including Zip Code, and Telephone Number, Including Area Code,
of Registrant's Principal Executive Offices)
Ninetowns Digital World
Trade Holdings Limited Employee Share Option Scheme
Ninetowns Digital World Trade Holdings Limited 2004 Share Option Plan
(Full Title of the Plans)
CT Corporation System
111 Eighth Avenue
13th Floor, New York, NY 10011
(212) 894-8940
(Name, address, including zip code and telephone number, including area code, of agent for service)
Copies to:
Neil A. Torpey, Esq.
Paul, Hastings, Janofsky & Walker LLP
22nd Floor, Bank of China Tower
1 Garden Road, Central, Hong Kong
(852) 2867-9988
CALCULATION OF REGISTRATION FEE
Title of securities
to be registered
Amount to be
registered
(1)
Proposed
maximum
offering
price per
share
Proposed maximum
aggregate
offering price
Amount of
registration fee
Ordinary shares, par value HK$0.025 per share
(4)
2,574,400
3.21
(2)
$8,263,824
(2)
$972.65
Ordinary shares, par value HK$0.025 per share
(4)
1,800,000
9.49
(3)
$17,082,000
(3)
$2,010.55
Total
4,374,400
$2,983.20
(1)
Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, this
               Registration Statement includes an indeterminate number of additional shares
               which may be offered and issued to prevent dilution from share splits, share
               dividends or similar transactions as provided in the above-referenced plans.
(2)
These shares are offered under the Employee Share Option Scheme. Pursuant to
               Rule 457(h)(1), the maximum aggregate offering price is calculated as the
               product of 2,574,400 shares issued and issuable upon exercise of outstanding
               options multiplied by the same exercise price of $3.21 per share, which is equal
               to an aggregate offering price of $8,263,824. The Registrant will not issue any
               additional options under this plan.
(3)
These shares are offered under the 2004 Share Option Plan. Pursuant to Rule
               457(h)(1), the maximum aggregate offering price is calculated as the product of
               1,800,000 shares issuable under the plan multiplied by the average of the high
               and low prices for the Registrant's American Depositary Shares, or ADSs, as
               quoted on the Nasdaq National Market on January 18, 2005, or $9.49, which is
               equal to an aggregate offering price of $17,082,000.
(4)
These shares may be represented by the Registrant's ADSs, each of which
               represents one ordinary share. The Registrant's ADSs issuable upon deposit
               of the ordinary shares registered hereby have been registered under a separate
               registration statement on Form F-6 (333-120567), as amended.
TABLE OF CONTENTS
Part I -- Information Required in the Section 10(A) Prospectus
Part II -- Information Required in the Registration Statement
Item 3. Incorporation of Documents by Reference.
Item 4. Description of Securities.
Item 5. Interests of Named Experts and Counsel.
Item 6. Indemnification of Directors and Officers.
Item 7. Exemption from Registration Claimed.
Item 8. Exhibits.
Item 9. Undertakings.
Signatures
Power of Attorney
Exhibit Index
Exhibit
No.
Description
3.1
Amended and Restated Memorandum and Articles of Association of the Registrant*
4.1
Specimen American Depositary Receipt of the Registrant*
4.2
Specimen Share Certificate of the Registrant*
4.3
Form of Deposit Agreement among the Registrant, JPMorgan Chase Bank, N.A. and holders of the American Depositary Receipts*
5.1
Opinion of Conyers Dill & Pearman, Cayman
10.1
Employee Share Option Scheme*
10.2
2004 Share Option Plan*
23.1
Consent of Deloitte Touche Tohmatsu
23.2
Consent of Conyers Dill & Pearman, Cayman (contained in Exhibit 5.1)
24.1
Power of Attorney (see signature page of this Registration Statement)
*
Incorporated by reference for the Registrant's Registration Statement filed with the Commission on
November 3, 2004 and as amended on November 18, 2004. See Part II, Item 3(c) hereunder.
PART I
INFORMATION REQUIRED IN
THE SECTION 10(a) PROSPECTUS
The
documents containing the information specified in Part I of Form S-8 (plan information and
registrant information) will be sent or given as
specified by Securities and Exchange Commission Rule 428(b)(1). Such documents need not be
filed with the Securities and Exchange Commission (the "Commission") either as
part of this Registration Statement or as prospectuses or prospectus supplements pursuant
to Rule 424. These documents and the documents incorporated by reference in this
Registration Statement pursuant to Part II, Item 3 of Form S-8, taken together,
constitute a prospectus that meets the requirements of Section 10(a) of the Securities
Act.
PART II
INFORMATION REQUIRED IN
THE REGISTRATION STATEMENT
Item 3. Incorporation of
Documents by Reference
The
following documents filed by Ninetowns Digital World Trade Holdings Limited (the
"Registrant") with the Commission are incorporated by reference herein:
(a)   
          The Registrant's prospectus filed with the Commission on December 3,
          2004 pursuant to Rule 424(b) under the Securities Act, which includes audited
          financial statements for the Registrant's 2003 fiscal year.
(b)   
          The description of the Registrant's ordinary shares contained in its
          Registration Statement on Form 8-A (File No. 000-51025) filed with the
          Commission on November 16, 2004 pursuant to the Securities Exchange Act of 1934,
          as amended (the "Exchange Act"), which incorporates by reference the
          description of the Registrant's ordinary shares set forth under
          "Description of share capital" in the Registrant's prospectus
          filed with the Commission on December 3, 2004 pursuant to Rule 424(b) of the
          Securities Act.
(c)   
          Exhibits 3.1, 4.1, 4.2 and 4.3 to the Registrant's Registration Statement
          filed with the Commission on November 3, 2004 and as amended on November 18,
          2004. See Part II, Item 8 hereof.
All
documents filed pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after
the date of this Registration Statement and prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or which
deregisters all securities then remaining unsold shall be deemed to be incorporated by
reference into this Registration Statement and to be a part hereof from the date of filing
of such documents. Any statement contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded for purposes
of this Registration Statement to the extent that a statement contained herein or in any
subsequently filed document which also is or is deemed to be incorporated by reference
herein modifies or supersedes such statement. Any such statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this
Registration Statement.
Item 4. Description of
Securities
Not
Applicable.
Item 5. Interests of
Named Experts and Counsel
Not
Applicable.
Item 6. Indemnification
of Directors and Officers
Cayman Islands law does not limit the extent to which a company's articles of
association may provide for indemnification of directors and officers, except to the
extent any such provision may be held by the Cayman Islands courts to be contrary to
public policy, such as to provide indemnification against civil fraud or the
consequences of committing a crime. Article 160 of the Registrant's amended and
restated articles of association provide that the Registrant may indemnify its
directors, officers and any other agent of the Registrant and its liquidator or
trustees (if any) and their heirs, executors and administrators, acting in relation to
any of its affairs against actions, costs, charges, losses, damages and expenses
incurred or sustained by reason of any act done, concurred or omitted in the execution
of their duty in their capacities as such, except to any matter in respect of any fraud
or dishonesty which may attach to any of them.
Item 7. Exemption from
Registration Claimed
Not
Applicable
Item 8. Exhibits
Exhibit
No.
Description
3.1
Amended and Restated Memorandum and Articles of Association of the Registrant*
4.1
Specimen American Depositary Receipt of the Registrant*
4.2
Specimen Share Certificate of the Registrant*
4.3
Form of Deposit Agreement among the Registrant, JPMorgan Chase Bank, N.A. and holders of the American Depositary Receipts*
5.1
Opinion of Conyers Dill & Pearman, Cayman
10.1
Employee Share Option Scheme*
10.2
2004 Share Option Plan*
23.1
Consent of Deloitte Touche Tohmatsu
23.2
Consent of Conyers Dill & Pearman, Cayman (contained in Exhibit 5.1)
24.1
Power of Attorney (see signature page of this Registration Statement)
*
Incorporated by reference for the Registrant's Registration Statement filed with the Commission on
November 3, 2004 and as amended on November 18, 2004. See Part II, Item 3(c) hereunder.
Item 9. Undertakings
(a)   
          The undersigned Registrant hereby undertakes:
(1)   
          To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i)   To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)   To reflect in the prospectus any facts or events arising after the effective date of
this Registration Statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in this Registration Statement; and
(iii)   To include any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to such
information in this Registration Statement;
provided, however
, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the
information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed with or furnished to the Commission by the
Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by
reference in this Registration Statement.
(2)   
          that, for the purpose of determining any liability under the Securities Act,
          each such post-effective amendment shall be deemed to be a new registration
          statement relating to the securities offered therein, and the offering of such
          securities at that time shall be deemed to be the initial bona fide offering
          thereof; and
(3)   
          to remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold upon the termination of the
          option plans of the Registrant set forth on the cover page hereof.
(b)   
          The undersigned Registrant hereby undertakes that, for purposes of determining
          any liability under the Securities Act, each filing of the Registrant's
          annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act
          that is incorporated by reference in the Registration Statement shall be deemed
          to be a new registration statement relating to the securities offered therein,
          and the offering of such securities at that time shall be deemed to be the
          initial bona fide offering thereof.
(c)   
          Insofar as indemnification for liabilities arising under the Securities Act may
          be permitted to directors, officers and controlling persons of the Registrant
          pursuant to the indemnity provisions summarized in Item 6 above or otherwise,
          the Registrant has been advised that in the opinion of the Commission such
          indemnification is against public policy as expressed in the Securities Act, and
          is, therefore, unenforceable. In the event that a claim for indemnification
          against such liabilities (other than the payment by the Registrant of expenses
          incurred or paid by a director, officer or controlling person of the Registrant
          in the successful defense of any action, suit or proceeding) is asserted by such
          director, officer or controlling person in connection with the securities being
          registered, the Registrant will, unless in the opinion of its counsel the matter
          has been settled by controlling precedent, submit to a court of appropriate
          jurisdiction the question whether such indemnification by it is against public
          policy as expressed in the Securities Act and will be governed by the final
          adjudication of such issue.
Signatures
Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the People's Republic of China, on the
19th day of January, 2005.
NINETOWNS DIGITAL WORLD
TRADE HOLDINGS LIMITED
By:
/s/ Shuang Wang
Name: Shuang Wang
Title: Chief Executive Officer
(principal executive officer)
Power of attorney
KNOW
ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby
constitute and appoint Shuang Wang and Tommy Siu Lun Fork, and each of them, as his true
and lawful attorneys-in-fact and agents, each with full power of substitution and
re-substitution, for him and in his name, place and stead, in any and all capacities, to
sign any and all amendments (including post-effective amendments) to this Registration
Statement and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in connection therewith
and about the premises, as fully to all intents and purposes as he might or could do
in-person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or
any of them, or their or his substitutes or substitutes, may lawfully do or cause to be
done by virtue hereof.
Pursuant to the requirements of the
Securities Act of 1933, this Registration Statement has been signed by the following
persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Shuang Wang
Shuang Wang
/s/ Tommy Siu Lun Fork
Tommy Siu Lun Fork
/s/ Tat Man Lee
Tat Man Lee
/s/ Kin Fai Ng
Kin Fai Ng
/s/ Kenneth Sze Ho Siu
Kenneth Sze Ho Siu
/s/ Gerry Ka Cheung Wai
Gerry Ka Cheung Wai
/s/ Stephen Jung Tsue
i
Stephen Jung Tsuei
/s/ Dachun Zhang
Dachun Zhang
/s/ Fushan Chen
Fushan Chen
/s/ Xiaomin Sun
Xiaomin Sun
/s/ Mark Ming Hsun Lee
Mark Ming Hsun Lee
Director and Chief Executive
Officer (principal executive officer)
Chief Financial Officer
(principal financial and accounting officer)
Director and Chairman of the Board
Director
Director
Director
Director
Director
Director
Director
Director
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
January 19, 2005
Signature of authorized
representative in the United States
Pursuant to the Securities Act of
1933, as amended, the undersigned, being the duly authorized representative in the United
States of Ninetowns Digital World Trade Holdings Limited has signed this Registration
Statement or amendment thereto in the City of Newark, State of Delaware, on
January 19, 2005.
PUGLISI & ASSOCIATES
By:
/s/ Donald J. Puglisi
Name: Donald J. Puglisi
Title: Managing Director
EXHIBIT INDEX
Exhibit
No.
Description
3.1
Amended and Restated Memorandum and Articles of Association of the Registrant*
4.1
Specimen American Depositary Receipt of the Registrant*
4.2
Specimen Share Certificate of the Registrant*
4.3
Form of Deposit Agreement among the Registrant, JPMorgan Chase Bank, N.A. and holders of the American Depositary Receipts*
5.1
Opinion of Conyers Dill & Pearman, Cayman
10.1
Employee Share Option Scheme*
10.2
2004 Share Option Plan*
23.1
Consent of Deloitte Touche Tohmatsu
23.2
Consent of Conyers Dill & Pearman, Cayman (contained in Exhibit 5.1)
24.1
Power of Attorney (see signature page of this Registration Statement)
*
Incorporated by reference for the Registrant's Registration Statement filed with the Commission on
November 3, 2004 and as amended on November 18, 2004. See Part II, Item 3(c) hereunder