Annual Report 2012 - TodayIR.com

Lonking Holdings Limited
Annual Report 2012
Notes to the Consolidated Financial Statements
For the year ended 31 December 2012
17. INVESTMENTS IN SUBSIDIARIES (Continued)
Particulars of the principal subsidiaries are as follows:
Paid-in issued/ Attributable Principal
Name Type of legal entity registered ordinary equity interest activities
Lonking Shanghai 13 August 2004 HK$448,000,000 99.89% Manufacture and
Machinery Co., Ltd. People’s Republic of distribution of
( 龍 工 ( 上 海 ) 機 械 製 造 China (“PRC”) wheel loaders
有 限 公 司 )
Sino foreign equity
joint venture
Lonking (Shanghai) 17 September 2001 HK$168,000,000 100% Manufacture and
Axle & Transmission Co., Ltd. PRC distribution of axles
( 龍 工 ( 上 海 ) 橋 箱 有 限 公 司 ) wholly-owned foreign and great boxes
investment enterprise
(“WOFE”)
Lonking Fujian Machinery 15 September 2004 HK$400,000,000 100% Manufacture and
Co., Ltd. PRC distribution of
( 龍 工 ( 褔 建 ) 機 械 有 限 公 司 ) WOFE wheel loaders
Fujian Longyan Lonking 1 March 1999 HK$29,680,000 100% Manufacture and
Machinery Components Co., Ltd. PRC distribution of wheel
( 福 建 龍 岩 龍 工 機 械 配 件 有 限 公 司 ) WOFE loader components
Lonking (Shanghai) Hydraulic 30 September 2003 US$31,800,000 100% Manufacture and
Co., Ltd. PRC distribution of wheel
( 龍 工 ( 上 海 ) 液 壓 機 械 有 限 公 司 , WOFE loader components
formerly known as Hydraulics
(Shanghai) Hydraulics Machinery
Co., Ltd.)
Lonking (Shanghai) Machinery 27 November 2003 HK$50,000,000 100% Manufacture and
Components Co., Ltd. PRC distribution of wheel
( 龍 工 ( 上 海 ) 機 械 部 件 有 限 公 司 , WOFE loader components
formerly known as Refined
(Shanghai) Machinery Co., Ltd.)
Lonking (Jiangxi) Machinery 12 September 2003 RMB257, 350,253 100% Manufacture and
Co., Ltd. PRC distribution of wheel
( 龍 工 ( 江 西 ) 機 械 有 限 公 司 ) WOFE loader components
91