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)XIII. EXPLANATORY NOTES TO MAJOR ITEMS IN THE FINANCIAL STATEMENTS (continued)5. Long-term equity investments (continued)2012(1) Joint venturesInvestmentcostOpeningbalanceIncrease/decreaseduring theyearClosingbalancePercentage ofshareholding(%)Percentage ofvoting rights(%)Cash dividendfor the year普 興 移 動 通 訊 設 備 有 限 公 司 43,500 43,940 619 44,559 33.85% 50% —(2) AssociatesInvestmentcostOpeningbalanceIncrease/decreaseduring theyearClosingbalancePercentage ofshareholding(%)Percentage ofvoting rights(%)Cash dividendfor the yearKAZNURTEL Limited LiabilityCompany 3,988 2,477 — 2,477 49% 49% —ZTE Software Technology(Nanchang) CompanyLimited 4,500 — 836 836 30% 30% —Zhongxing Energy CompanyLimited 300,000 287,788 15,005 302,793 23.26% 23.26% —思 卓 中 興 ( 杭 州 ) 科 技 有 限 公 司 22,845 19,859 (404) 19,455 49% 49% —上 海 中 興 群 力 資 訊 科 技 有 限 公 司 2,000 11,438 714 12,152 40% 40% —Shenzhen Zhongxing Hetai HotelInvestment ManagementCompany Limited 5,400 — 5,548 5,548 18% 40% —北 京 億 科 三 友 科 技 發 展 有 限 公 司 6,844 — 5,932 5,932 20% 20% —321,562 27,631 349,193 —299