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Annual Report 2007 - Hmdatalink.com hm datalink

Annual Report 2007 - Hmdatalink.com hm datalink

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Notes to the consolidated financial statementsfor the year ended 31 December <strong>2007</strong>15. INTEREST IN ASSOCIATES (Continued)Attributableequity interestPlace of establis<strong>hm</strong>entsindirectly heldName of <strong>com</strong>pany and operations Paid-up capital by the Group Principal activities PRC USD99,763,600 46.8% Research, development, production,Shanghai Maple Guorun Automobile Company Limited*marketing and sales of sedans and relatedautomobile <strong>com</strong>ponents in the PRC PRC RMB15,000,000 46.8% Marketing and sales of sedans in the PRCZhejiang Geely Automobile Sales Company Limited # PRC RMB20,000,000 46.8% Marketing and sales of sedans in the PRCZheijiang Geely Holding Group AutomobileSales Company Limited # PRC RMB20,000,000 42.6% Export of sedans outside the PRCGeely International Corporation # PRC RMB30,000,000 46.8% Research and development of sedans andZhejiang Geely Automobile Research Institute Limited #related automobile <strong>com</strong>ponents in the PRC PRC RMB10,000,000 46.8% Research and development ofNingbo Geely Engine Research Institute Limited #automobile engines in the PRC PRC RMB20,000,000 42.1% Marketing and sales of sedans in the PRCShanghai Maple Automobile Sales Company Limited # PRC RMB151,677,000 46.8% Research, development, production,Zhejiang Ruhoo Automobile Company Limited*marketing and sales of sedans and relatedautomobile <strong>com</strong>ponents in the PRC PRC RMB235,000,000 46.8% Research, development, production andZhejiang Kingkong Automobile Company Limited*sales of sedans and related automobile<strong>com</strong>ponents in the PRC PRC RMB10,000,000 42.1% Production of automobile <strong>com</strong>ponentsZhejiang Geely Gearbox Limited # in the PRC PRC RMB1,000,000 42.6% Marketing and sales of automobileShanghai Guobang Automobile Parts <strong>com</strong>ponents in the PRCCompany Limited # PRC USD25,000,000 46.8% Research, development, production, marketingHunan Geely Automobile Components and sales of sedans and relatedCompany Limited*automobile <strong>com</strong>ponents in the PRC PRC RMB40,000,000 46.8% Production of moulds for automobileShanghai Maple Automobile Mouldsparts and <strong>com</strong>ponents in the PRCManufacturing Company Limited #Manganese Bronze Holdings plc United Kingdom £6,241,000 22.83% UK-based speciality automotiveand taxi services groupGEELY AUTOMOBILE HOLDINGS LIMITED85ANNUAL REPORT 2 0 0 7

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