Details of Chisen Electric’s subsidiaries as of June 30, 2012 are as follows:
| Name |
|
Place and date of establishment / incorporation |
|
Percentage of effective equity interest / voting right attributable to the Company |
|
Principal activities |
| |
|
|
|
|
|
|
| Fast More Limited (“Fast More”) |
|
Hong Kong
December 17, 2007
|
|
100 |
% |
Investment holding
|
| |
|
|
|
|
|
|
| Zhejiang Chisen Electric Co., Limited * (“Zhejiang Chisen”) |
|
Zhejiang, the People’s Republic of China (“PRC”)
February 25, 2002
|
|
100 |
% |
Manufacture and sales of sealed lead-acid battery products and relevant components |
| |
|
|
|
|
|
|
| Chisen Electric Jiangsu Co., Limited * (“Chisen Jiangsu”) |
|
Jiangsu, PRC August 23, 2010 |
|
98 |
% |
Manufacture and sales of sealed lead-acid battery products and relevant components |
|
* |
These are direct translation of the name in Chinese for identification purpose only and are not the official name in English. |
|