Annual Report 2009 - Greentown China Holdings Limited
Annual Report 2009 - Greentown China Holdings Limited
Annual Report 2009 - Greentown China Holdings Limited
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Notes to the Consolidated Financial Statements<br />
For The Year Ended 31 December <strong>2009</strong><br />
17. INTERESTS IN ASSOCIATES (Continued)<br />
Name of associate<br />
Registered capital<br />
Attributable<br />
equity interest<br />
held by the Group<br />
<strong>2009</strong> 2008<br />
Principal activities<br />
<br />
Hangzhou Binlv Real<br />
Estate Development Co., Ltd.<br />
(“Hangzhou Binlv”)<br />
RMB 389,140,188 50%<br />
(iv)<br />
50%<br />
(iv)<br />
Real estate development<br />
<br />
Zhejiang Zhongqinglv <strong>Greentown</strong><br />
Real Estate Investment Co., Ltd.<br />
(“Zhejiang Zhongqinglv”)<br />
RMB200,000,000 49%<br />
(ii)<br />
49%<br />
(ii)<br />
Investment and consulting<br />
<br />
Henan Zhongzhou <strong>Greentown</strong><br />
Real Estate Development Co., Ltd.<br />
(“Henan Zhongzhou”)<br />
RMB60,000,000 38%<br />
(ii)<br />
38%<br />
(ii)<br />
Real estate development<br />
<br />
Deqing Xizi Real Estate Development<br />
Co., Ltd. (“Deqing Xizi”)<br />
RMB30,000,000 25%<br />
(ii)<br />
25%<br />
(ii)<br />
Real estate development<br />
<br />
Deqing <strong>Greentown</strong> Zhongtian Real Estate<br />
Development Co., Ltd.<br />
(“Deqing Zhongtian”)<br />
RMB50,000,000 47%<br />
(ii)<br />
47%<br />
(ii)<br />
Real estate development<br />
<br />
Shaoxing Jinlvquan Real Estate<br />
Development Co., Ltd.<br />
(“Shaoxing Jinlvquan”)<br />
<br />
Jinan Haier <strong>Greentown</strong> Real Estate<br />
Co., Ltd. (“Jinan Haier <strong>Greentown</strong>”)<br />
RMB580,000,000 35% 35% Real estate development<br />
RMB200,000,000 45% 45% Real estate development<br />
<br />
Wuxi <strong>Greentown</strong> Real Estate Development<br />
Co., Ltd. (“Wuxi <strong>Greentown</strong>”)<br />
RMB102,000,000 85%<br />
(iii)<br />
–<br />
(iii)<br />
Real estate development<br />
<br />
Cixi <strong>Greentown</strong> Real Estate Investment<br />
Co., Ltd. (“Cixi <strong>Greentown</strong>”)<br />
RMB98,000,000 49%<br />
(ii)<br />
49%<br />
(ii)<br />
Real estate development<br />
<br />
Taizhou Zheneng <strong>Greentown</strong> Real Estate<br />
Co., Ltd. (“Taizhou Zheneng”)<br />
RMB300,000,000 49%<br />
(v)<br />
49%<br />
(v)<br />
Real estate development<br />
140<br />
<strong>Greentown</strong> <strong>China</strong> <strong>Holdings</strong> <strong>Limited</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong>
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