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)XIII. EXPLANATORY NOTES TO MAJOR ITEMS IN THE FINANCIAL STATEMENTS (continued)5. Long-term equity investments (continued)2011 (continued)(3) SubsidiariesInvestmentcostOpeningbalanceIncrease/decreaseduring theyearClosingbalancePercentage ofshareholding(%)Percentage ofvoting rights(%)Cash dividendfor the yearZTE Kangxun Telecom Company Limited 580,000 45,000 535,000 580,000 90% 90% 535,000ZTE (USA) Inc. 5,395 5,395 — 5,395 100% 100% —Wuxi Zhongxing OptoelectronicsTechnologies Company Limited 6,500 6,500 — 6,500 65% 65% —ZTE (H.K.) Limited 449,362 449,362 — 449,362 100% 100% —Anhui Wantong Posts andTelecommunication Company Limited 11,329 11,329 — 11,329 51% 51% 2,379Telrise (Cayman) Telecom Ltd. 21,165 21,165 — 21,165 100% 100% —Shenzhen Guoxin ElectronicsDevelopment Company Limited 29,700 29,700 — 29,700 99% 99% —Congo-Chine Telecom S.A.R.L — 72,835 (72,835) — — — —Yangzhou Zhongxing Mobile TelecomCompany Limited 3,900 3,900 — 3,900 65% 65% —Shenzhen ZTE Mobile Telecom Co., Ltd 31,666 31,666 — 31,666 80% 80% —Nanjing ZTEsoft TechnologyCompany Limited 45,489 45,489 — 45,489 75% 75% —ZTE (UK) Ltd. — 5,286 (5,286) — — — —ZTE Do Brasil LTDA 18,573 18,573 — 18,573 100% 100% —Shenzhen Zhongxing Software CompanyLimited 156,500 36,500 120,000 156,500 74% 74% 3,018,441ZTE Integration Telecom Limited 41,250 41,250 — 41,250 80% 80% —ZTE Wistron Telecom AB 2,137 2,137 — 2,137 100% 100% —ZTE-Communication Technologies, Ltd. 6,582 6,582 — 6,582 100% 100% —ZTE Corporation Mexico S.DER.LDEC.V. 42 42 — 42 100% 100% —304