0175 Geely Automobile Holdings Limited Annual Report 2011
0175 Geely Automobile Holdings Limited Annual Report 2011
0175 Geely Automobile Holdings Limited Annual Report 2011
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<strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><strong>Geely</strong> <strong>Automobile</strong> <strong>Holdings</strong> <strong>Limited</strong>NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTSFor the year ended 31 December <strong>2011</strong>41. Subsidiaries (Continued)Name of companyPlace ofincorporation/registration andoperationsIssued and fullypaid shares/registered capitalPercentageof equityinterests heldDirectlyIndirectlyPrincipal activitiesGuilin <strong>Geely</strong> Stars OilElectric Hybrid EngineCompany <strong>Limited</strong> # PRC RMB80,000,000 – 70% Research anddevelopment ofelectric hybrid enginesin the PRCZhejiang Vision AutopartsFittings Company<strong>Limited</strong> # PRC RMB50,000,000 – 100% Procurement ofautomobile parts andcomponents in thePRCZhejiang Shou La Shou<strong>Automobile</strong> ServicesCompany <strong>Limited</strong> #@ PRC RMB5,000,000 – 65%(note 2)Sales of sedansand provision ofautomobile servicesLanzhou <strong>Geely</strong><strong>Automobile</strong> IndustriesCompany <strong>Limited</strong> # PRC RMB120,000,000 – 100% Research, development,production,marketing andsales of sedans andrelated automobilecomponents in thePRCChengdu Gaoyuan<strong>Automobile</strong> IndustriesCompany <strong>Limited</strong> # PRC RMB50,000,000 – 100% Research, development,production,marketing andsales of sedans andrelated automobilecomponents in thePRCHunan Luoyou EngineComponents Company<strong>Limited</strong> # PRC RMB150,000,000 – 100% Production ofautomobilecomponents in thePRCQufu Kailun <strong>Automobile</strong>Parts and ComponentsManufacturing Company<strong>Limited</strong> #@ PRC RMB20,000,000 – 50% Research, developmentand production ofautomobile parts andcomponents in thePRC129