EX-21.1 3 axti-20161231ex2111e0e0f.htm EX-21.1

Exhibit 21.1

Subsidiaries of the Registrant

|  | Ownership
Name |  | Percentage
Beijing Tongmei Xtal Technology |  | 100
Beijing Ji Ya Semiconductor Material Co., Ltd * |  | 46
Nanjing Jin Mei Gallium Co., Ltd |  | 83
Beijing BoYu Manufacturing Co., Ltd |  | 70

* AXT’s ownership of this subsidiary was 51% at inception, reduced to 46% at December 31, 2005 as 5% ownership was given to Ji Ya’s management upon fulfillment of certain conditions. AXT continue to consolidate JiYa as we are the founding shareholder, the largest shareholder, we appoint the general manager and controller and have the ability to exercise control in substance over the long term strategic decisions made. continues to consolidate this subsidiary as it has significant influence over management and majority control of its board of directors.