2012 Annual Report - ZTE

ANNUAL REPORT 2012Notes to Financial Statements (continued)(Prepared in accordance with PRC ASBEs)(All amounts in RMB’000 unless otherwise stated)(English translation for reference only)V. EXPLANATORY NOTES TO MAJOR ITEMS IN THE CONSOLIDATED FINANCIAL STATEMENTS(continued)12. Long-term equity investments (continued)2011(1) Jointly-controlled entitiesInvestmentcostOpeningbalanceIncrease/decreaseduring theyearClosingbalanceShareholdingpercentage(%)Percentageof votingrights(%)Cashdividendfor theyearBestel Communications Ltd. 2,050 2,255 — 2,255 50.00% 50.00% —普 興 移 動 通 訊 設 備 有 限 公 司 * 43,500 — 43,940 43,940 33.85% 50.00% —2,255 43,940 46,195 —(2) AssociatesInvestmentcostOpeningbalanceIncrease/decreaseduring theyearClosingbalanceShareholdingpercentage(%)Percentage ofvoting rights(%)Cashdividendfor theyearKAZNURTEL Limited Liability Company 3,988 2,477 — 2,477 49.00% 49.00% —ZTE Software Technology (Nanchang)Company Limited 4,500 — — — 30.00% 30.00% —Nationz Technologies Inc. 31,559 540,495 (540,495) — 1.15% 1.15% 10,880Zhongxing Energy Company Limited 300,000 261,922 25,866 287,787 23.26% 23.26% —思 卓 中 興 ( 杭 州 ) 科 技 有 限 公 司 22,845 2,314 17,545 19,859 49.00% 49.00% —Wuxi Kaier Technology Company Limited 7,922 12,375 7,259 19,635 42.64% 42.64% —Shenzhen Weigao SemiconductorCompany Limited 4,000 4,663 596 5,259 40.00% 40.00% —Shenzhen Zhongxing Xinyu FPC CompanyLimited 5,000 9,957 2,795 12,752 22.73% 22.73% 1,500Shenzhen Smart Electronics CompanyLimited 7,051 9,338 (1,525) 7,813 30.00% 30.00% —Shenzhen Jufei Optoelectronics Co., Ltd. 4,500 39,524 17,373 56,897 21.62% 21.62% —Shenzhen Fudekang Electronics CompanyLimited 1,800 2,942 867 3,809 30.00% 30.00% —Shenzhen Decang Technology CompanyLimited 750 18,683 1,966 20,649 30.00% 30.00% —北 京 中 鼎 盛 安 科 技 有 限 公 司 1,960 779 (128) 651 49.00% 49.00% —上 海 泰 捷 通 信 技 術 有 限 公 司 4,000 5,203 1,648 6,851 40.00% 40.00% —上 海 中 興 群 力 信 息 科 技 有 限 公 司 2,000 1,967 9,472 11,439 40.00% 40.00% —深 圳 市 偉 文 電 氣 有 限 公 司 175 130 — 130 35.00% 35.00% —廣 州 市 鴻 昌 隆 實 業 有 限 公 司 432 432 45 477 35.00% 35.00% —上 海 與 德 通 訊 技 術 有 限 公 司 2,000 2,000 (96) 1,904 20.00% 20.00% —Nanjing Piaoxun Network TechnologyCompany Limited* 533 533 (76) 457 61.00% 20.00% —上 海 歡 流 傳 媒 有 限 公 司 1,650 — 1,547 1,547 33.00% 33.00% —深 圳 市 遠 行 科 技 有 限 公 司 1,850 — 3,421 3,421 25.00% 25.00% —Telecom Innovations 4,082 — 4,082 4,082 22.70% 22.70% —915,734 (447,838) 467,896 12,380219