NOTES TO
FINANCIAL STATEMENTS
December 31, 2015
101
CITIC ENVIROTECH LTD.
Annual
Report
2015
13 SUBSIDIARIES (cont’d)
Name of subsidiaries
Principal activities/Country
of incorporation and operation
Group’s effective
interest and
voting power held
December
March
31, 2015 31, 2015
%
%
Subsidiaries of Memstar Pte Ltd (cont’d):
CITIC Envirotech Water Resource
(Tangshan) Co., Ltd.
(c)
(f.k.a. Tangshan Max Rise Water
Services Sci-Tech Co. Ltd)
Operation of water treatment plant/
PRC
100
100
CITIC Envirotech Water Resource
(Bazhou) Co., Ltd.
(a)
(f.k.a. Bazhou Max Rise Water
Services Sci-Tech Co. Ltd)
Operation of water treatment plant/
PRC
100
100
Maxrise Envirogroup Ltd
(c)
Investment holding company/
Hong Kong
100
100
Max Rise Water Service Holdings
(c)
Investment holding company/
Hong Kong
100
100
Memstar (Guangzhou)
Co. Ltd
(c)
Manufacture and distribution of
polyvinylidin (PVDF) hollow fibre
membrane, membrane products and
membrane system for both the industrial
and domestic/commercial sectors/ PRC
100
100
Memstar (Mianyang)
Co. Ltd
(a)
Operation of water treatment plant/
polyvinylidin (PVDF) hollow fibre
membrane, membrane products and
membrane system for both the industrial
and domestic/commercial sectors/ PRC
100
100
Memstar Water Pte Ltd
(b)
Investment holding company/
Singapore
100
100
Subsidiaries of United Envirotech Water (Changyi) Co. Ltd.:
Bofa Weifang Water
Treatment Co. Ltd
(a)
Operation of water treatment plant/
PRC
82
82
