Details of Chisen Electric’s subsidiaries as of September 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. |
|