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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 (Continued)<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 />

Hangzhou Yuhang Jinteng Real<br />

Estate Development Co., Ltd.<br />

<br />

Zhejiang Jiahe Industrial Co., Ltd.<br />

The PRC<br />

25 December 2001<br />

The PRC<br />

25 April 1995<br />

RMB50,000,000 – – 85% 85% Real estate<br />

development<br />

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

development<br />

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

company<br />

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

company<br />

<br />

Hangzhou <strong>Greentown</strong> Orient<br />

Construction Co., Ltd.<br />

The PRC<br />

14 February 2006<br />

RMB333,000,000 – – 96% 96% Real estate<br />

development<br />

Sino-foreign<br />

equity joint<br />

venture<br />

<br />

Hangzhou Rose Garden<br />

Property Services Co., Ltd.<br />

The PRC<br />

15 August 2006<br />

RMB184,410,000 – – 100% 100% Real estate<br />

development<br />

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

company<br />

<br />

Hangzhou Qiandaohu Real Estate<br />

Investment Co., Ltd.<br />

The PRC<br />

15 June 2005<br />

RMB30,000,000 – – 80% 80% Real estate<br />

development<br />

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

company<br />

<br />

Hangzhou Tonglu <strong>Greentown</strong><br />

Real Estate Co., Ltd.<br />

The PRC<br />

1 September 2006<br />

RMB80,000,000 – – 100% 100% Real estate<br />

development<br />

Sino-foreign<br />

equity joint<br />

venture<br />

<br />

Nanjing Tianpu Real Estate<br />

Co., Ltd.<br />

The PRC<br />

12 November 2002<br />

RMB50,000,000 – – 70% 70% Real estate<br />

development<br />

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

company<br />

<br />

Xinchang <strong>Greentown</strong><br />

Real Estate Co., Ltd.<br />

The PRC<br />

12 December 2006<br />

RMB77,600,000 – – 80% 80% Real estate<br />

development<br />

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

company<br />

<br />

Wenzhou <strong>Greentown</strong> Real<br />

Estate Development Co., Ltd.<br />

The PRC<br />

15 February 2007<br />

RMB768,000,000 – – 60% 60% Real estate<br />

development<br />

Sino-foreign<br />

equity joint<br />

venture<br />

<br />

Wenzhou <strong>Greentown</strong> Jiajing Real<br />

Estate Development Co., Ltd.<br />

The PRC<br />

21 May 2007<br />

RMB386,000,000 – – 60% 60% Real estate<br />

development<br />

Sino-foreign<br />

equity joint<br />

venture<br />

<br />

Hangzhou Lvyin Real Estate<br />

Co., Ltd. (“Hangzhou Lvyin”)<br />

The PRC<br />

9 July 2007<br />

RMB28,000,000 – – 26%<br />

(Note i)<br />

26%<br />

(Note i)<br />

Real estate<br />

development<br />

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

company<br />

<br />

Nantong <strong>Greentown</strong> Real<br />

Estate Development Co., Ltd.<br />

The PRC<br />

23 August 2007<br />

RMB50,000,000 – – 75% 75% Real estate<br />

development<br />

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

company<br />

<strong>Greentown</strong> <strong>China</strong> <strong>Holdings</strong> <strong>Limited</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong> 187

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