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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 />

41. PARTICULARS OF PRINCIPAL SUBSIDIARIES<br />

Particulars of the principal subsidiaries as at 31 December 2008 and <strong>2009</strong> are set out below:<br />

Name of subsidiary<br />

Place and date<br />

of incorporation/<br />

registration<br />

Issued and<br />

fully paid share/<br />

registered capital<br />

Attributable<br />

equity interest<br />

Direct<br />

Indirect<br />

<strong>2009</strong> 2008 <strong>2009</strong> 2008<br />

Principal<br />

activities<br />

Legal form<br />

<br />

<strong>Greentown</strong> Real Estate Group<br />

Co., Ltd.<br />

The PRC<br />

6 January 1995<br />

RMB895,000,000 – – 100% 100% Real estate<br />

development<br />

Wholly foreignowned<br />

enterprise<br />

<br />

<br />

Shanghai <strong>Greentown</strong> Woods Golf<br />

Villas Development Co., Ltd.<br />

The PRC<br />

19 June 2002<br />

RMB100,000,000 – – 100% 100% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

Zhoushan <strong>Greentown</strong> Real Estate<br />

Development Co., Ltd.<br />

The PRC<br />

16 December 1999<br />

RMB100,000,000 – – 100% 100% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

Beijing Sunshine <strong>Greentown</strong> Real<br />

Estate Development Co., Ltd.<br />

The PRC<br />

15 January 2001<br />

RMB50,000,000 – – 80% 80% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

Beijing Xingye Wanfa Real Estate<br />

Development Co., Ltd.<br />

The PRC<br />

26 October 2000<br />

RMB50,000,000 – – 100% 100% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

<br />

Hunan Green Bamboo Lake<br />

International Business<br />

Community Development<br />

Co., Ltd.<br />

The PRC<br />

26 September 2003<br />

RMB50,600,000 – – 52% 52% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

Shanghai Huazhe Bund Real<br />

Estate Co., Ltd.<br />

The PRC<br />

26 September 2002<br />

RMB50,000,000 – – 51% 51% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

Hangzhou Yuhang <strong>Greentown</strong><br />

Real Estate Development<br />

Co., Ltd. (Hangzhou<br />

Yuhang <strong>Greentown</strong>”) (Note i)<br />

The PRC<br />

12 November 1999<br />

RMB30,000,000 – – 51% 51% Real estate<br />

development<br />

<strong>Limited</strong> liability<br />

company<br />

<br />

<br />

Ningbo Gaoxinqu Yanfayuan<br />

<strong>Greentown</strong> Construction<br />

Co., Ltd.<br />

The PRC<br />

21 August 2003<br />

RMB50,000,000 – – 60% 60% Real estate<br />

development<br />

Sino-foreign<br />

equity joint<br />

venture<br />

186<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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