0175 Geely Automobile Holdings Limited Annual Report 2011

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Annual Report 2011Geely Automobile Holdings LimitedNOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTSFor the year ended 31 December 201141. Subsidiaries (Continued)Name of companyPlace ofincorporation/registration andoperationsIssued and fullypaid shares/registered capitalPercentageof equityinterests heldDirectlyIndirectlyPrincipal activitiesGuilin Geely Stars OilElectric Hybrid EngineCompany Limited # PRC RMB80,000,000 – 70% Research anddevelopment ofelectric hybrid enginesin the PRCZhejiang Vision AutopartsFittings CompanyLimited # PRC RMB50,000,000 – 100% Procurement ofautomobile parts andcomponents in thePRCZhejiang Shou La ShouAutomobile ServicesCompany Limited #@ PRC RMB5,000,000 – 65%(note 2)Sales of sedansand provision ofautomobile servicesLanzhou GeelyAutomobile IndustriesCompany Limited # PRC RMB120,000,000 – 100% Research, development,production,marketing andsales of sedans andrelated automobilecomponents in thePRCChengdu GaoyuanAutomobile IndustriesCompany Limited # PRC RMB50,000,000 – 100% Research, development,production,marketing andsales of sedans andrelated automobilecomponents in thePRCHunan Luoyou EngineComponents CompanyLimited # PRC RMB150,000,000 – 100% Production ofautomobilecomponents in thePRCQufu Kailun AutomobileParts and ComponentsManufacturing CompanyLimited #@ PRC RMB20,000,000 – 50% Research, developmentand production ofautomobile parts andcomponents in thePRC129
Annual Report 2011Geely Automobile Holdings LimitedNOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTSFor the year ended 31 December 201141. Subsidiaries (Continued)Name of companyPlace ofincorporation/registration andoperationsIssued and fullypaid shares/registered capitalPercentageof equityinterests heldDirectlyIndirectlyPrincipal activitiesHunan JishengInternational DrivetrainSystem CompanyLimited # ^PRC RMB34,028,029 – 100% Production ofautomobilecomponents in thePRCJinan Geely AutomobileCompany Limited # PRC RMB360,000,000 – 100% Research, development,production, marketingand sales of sedansand sales ofrelated automobilecomponents in thePRCJinan Geely AutomobileParts and ComponentsCompany Limited # PRC RMB10,000,000 – 100% Research, development,production, marketingand sales ofrelated automobilecomponents in thePRCDSIChongqing DSI GearboxManufacturing CompanyLimited # ^PRC RMB16,000,000 – 100% Not yet commencedbusinessNingbo Vision AutomobileParts and ComponentsCompany Limited # PRC RMB96,000,000 – 100% Research, development,production, marketingand sales ofrelated automobilecomponents in thePRCShandong GeelyGearbox CompanyLimited # PRC RMB100,000,000 – 100% Not yet commencedbusinessHangzhou Xuan YuHuman Resources Co.Ltd. # PRC RMB500,000 – 100% Not yet commencedbusinessLimited Liability Company“Geely-Motors”Russia RUB10,000 – 100% Marketing and sales ofsedans in RussiaFewin S.A. Uruguay USD200,000 – 100% Not yet commencedbusiness130
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(Stock Code : 0175)
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Accounts
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CONSOLIDATEDSTATEMENT OF COMPREHENS
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0175 Geely Automobile Holdings Limited Annual Report 2011

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