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ORGANIZATION AND PRINCIPAL ACTIVITIES
3 Months Ended
Jun. 30, 2012
Organization and Principal Activities Disclosure [Abstract]  
Organization and Principal Activities Disclosure [Text Block]
1. ORGANIZATION AND PRINCIPAL ACTIVITIES

 

Chisen Electric Corporation (“Chisen Electric”), formerly known as World Trophy Outfitters, Inc., was formed as a Nevada corporation on January 13, 2005. Its common stocks are currently trading on the Over-The-Counter Quote Board under the symbol “CIEC”.

 

Chisen Electric is an investment holding company with no operations. The principal activities of its subsidiaries (together with Chisen Electric, collectively referred as “the Company”) are the manufacture and sales of sealed lead-acid battery products and relevant components, and investment holding.

 

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.