2012 Annual Report - ZTE

ZTE CORPORATIONNotes to Financial Statements (continued)(Prepared in accordance with PRC ASBEs)(All amounts in RMB’000 unless otherwise stated)(English translation for reference only)VI.RELATIONSHIPS AND TRANSACTIONS WITH RELATED PARTIES (continued)5. Major transactions between the Group and related parties(1) The transaction of goods with related parties:Sales of goods to related parties:2012 2011Amount Percentage (%) Amount Percentage (%)Shenzhen Zhongxing Information Company Limited 8,140 0.01 10,187 0.01Shenzhen Zhongxingxin Telecommunications EquipmentCompany Limited 2,910 — 2,444 —Shenzhen Zhongxing Xindi TelecommunicationsEquipment Company Limited 950 — 150 —Zhongxing Intelligent Transport System (Wuxi) CompanyLimited 19,543 0.02 66,476 0.08ZTE Software Technology (Nanchang)Company Limited 3 — 130 —Mobi Antenna Technologies (Shenzhen)Company Limited 202 — — —Shenzhen Weigao SemiconductorCompany Limited*** 6,432 0.01 5,862 0.01南 京 中 興 群 力 資 訊 科 技 有 限 公 司 2,390 — 6,692 0.01普 興 移 動 通 訊 設 備 有 限 公 司 125,836 0.15 318,490 0.37Zhongxing Energy (Inner Mongolia)Company Limited — — 73 —Shenzhen Zhongxing Xinyu FPC Company Limited — — 521 —Wuxi Kaier Technology Company Limited — — 505 —Zhongxing Energy (Shenzhen) Company Limited — — 22 —Shenzhen Shenglongfeng IndustrialCompany Limited — — 25 —北 京 協 力 超 越 科 技 有 限 公 司 15 — 4 —中 興 長 天 信 息 技 術 ( 南 昌 ) 有 限 公 司 2 — — —Zhongxing Energy (Hubei) Company Limited 211 — — —中 興 軟 件 技 術 ( 瀋 陽 ) 有 限 公 司 44 — — —上 海 與 德 通 訊 技 術 有 限 公 司 *** 693 — — —Shenzhen Yuanxing Technology Co., Ltd. 10 — — —深 圳 市 中 興 昆 騰 有 限 公 司 998 — — —Zhongxing Development Company Limited** 2 — — —Shenzhen Fudekang Electronics Company Limited*** 202 — — —168,583 0.19 411,581 0.48In 2012, sales to related parties accounted for 0.19% of the Group’s total sales. (2011: 0.48%).*** Changfei been deconsolidated from the Group accounts with effect from December 2012. The associate companiesof Changfei, including Shenzhen Weigao Semiconductor Company Limited, 上 海 與 德 通 訊 技 術 有 限 公 司 , ShenzhenDecang Technology Company Limited, Shenzhen Smart Electronics Company Limited, Shenzhen Jufei OptoelectronicsCompany Limited and Shenzhen Fudekang Electronics Company Limited have ceased to be related parties of theGroup. Related party transactions with the 6 aforesaid companies set out above included only transactions with theGroup occurring during the period in which they were related parties of the Group.256