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Note 1 - Nature of business and organization: Summary of subsidiary of limited liability company or limited partnership (Tables)
12 Months Ended
Dec. 31, 2024
Tables/Schedules  
Summary of subsidiary of limited liability company or limited partnership

 

Name

 

Background

 

Ownership

Tungray Motion Ltd (“Tungray Motion”)

 

●       A BVI holding company

●       Incorporated on June 21, 2022

 

100% owned by Tungray

Tungray Electronics Ltd (“Tungray Electronics”)

 

●       A BVI holding company

●       Incorporated on June 21, 2022

 

100% owned by Tungray

Tungray Intelligent Technology Ltd (“Tungray Intelligent”)

 

●       A BVI holding company

●       Incorporated on June 21, 2022

 

100% owned by Tungray

Tungray Singapore Pte. Ltd. (“Tungray Singapore”)

 

●       A Singapore Company Limited by Shares

●       Incorporated on June 21, 2007

●       Installation of industrial machinery and equipment, mechanical engineering works

 

100% owned by Tungray Motion

Tung Resource Pte Ltd (“Tung Resource”)

 

●       A Singapore Company Limited by Shares

●       Incorporated on July 9, 1996

●       Installation of industrial machinery and equipment, mechanical engineering works

 

100% owned by Tungray Electronics

Tungray Industrial Automation (Shenzhen) Co., Ltd (“Tungray Industrial”)

 

●       A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”)

●       Incorporated on May 27, 2010

●       Design, development and manufacture of non- standard equipment such as automated assembly equipment, precision testing equipment, tooling fixtures, etc.

 

100% owned by Tungray Singapore

Tongsheng Intelligent Equipment (Shenzhen) Co., Ltd (“Tongsheng Intelligent”)

 

●       A PRC limited liability company

●      Incorporated on October 25, 2021

●      Research and development of intelligent robots; sales of intelligent robots; sales of intelligent storage equipment

 

70% owned by Tungray Industrial

Qingdao Tongri Electric Machines Co., Ltd (“Tongri Electric”)

 

●      A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”)

●       Incorporated on December 26, 2001

●       Design, R&D and manufacturing of induction brazing equipment, induction hardening equipment, automatic welding equipment, linear motors, DD motors

 

100% owned by Tung Resource

Qingdao Tungray Intelligent Technology Co., Ltd (“Qingdao Tungray Intelligent”)

 

●      A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”)

●      Incorporated on September 30, 2017

●       Design, R&D and manufacturing of induction brazing equipment, induction hardening equipment, automatic welding equipment, linear motors, DD motors

 

100% owned by Tongsheng Development

Tungray Technology Pte Ltd (“Tungray Technology”)

 

●      A Singapore Company Limited by Shares

●       Incorporated on July 14, 2022

●       Installation of industrial machinery and equipment, mechanical engineering works

 

100% owned by Tungray Intelligent

  

 

 

Tongsheng Intelligence Technology Development (Shenzhen) Co., Ltd. (“Tongsheng Development ”)

 

●        A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”)

●       Incorporated on August 22, 2022

●       Research and development of intelligent robots; sales of intelligent robots; sales of intelligent storage equipment

 

100% owned by Tungray Technology

Xi’an Tongri Intelligent Industrial Technology Co., Ltd.

 

●      A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”)

●        Incorporated on June 25, 2023

●        Manufacturing, Research and development of intelligent robots; sales of intelligent robots

 

99.98% controlled by Tungray Singapore Pte. Ltd.