NOTES TO
FINANCIAL STATEMENTS
December 31, 2015
97
CITIC ENVIROTECH LTD.
Annual
Report
2015
13 SUBSIDIARIES (cont’d)
Details of the subsidiaries are as follows:
Name of subsidiaries
Principal activities/Country of
incorporation and operation
Group’s effective
interest and voting
power held
December
31, 2015
March
31, 2015
%
%
CITIC Envirotech
(Guangzhou) Co., Ltd
(a)
(f.k.a. Novo Envirotech
(Guangzhou) Co. Ltd)
Environmental engineering/PRC
100
100
CITIC Envirotech Water Treatment
(Liaoyang) Co., Ltd
(a)
(f.k.a. United Envirotech Water
(Liaoyang) Co. Ltd
Operation of water treatment plant/PRC
100
100
CITIC Envirotech Water Resource
(Liaoyang) Co., Ltd
(a)
(f.k.a. United Envirotech Water
Treatment (Liaoyang) Co. Ltd)
Operation of water treatment plant/PRC
100
100
CITIC Envirotech Water Resource
(Yancheng Dafeng) Co., Ltd
(a)
(f.k.a. United Envirotech
(Dafeng) Co. Ltd)
Operation of water treatment plant/PRC
100
100
Jiangsu Memstar Membrane
Material Technology 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
#
–
Memstar Pte. Ltd
(b)
Manufacturing of polymers and
investment holding /Singapore
100
100
Novo Envirotech (Tianjin) Co. Ltd
(a)
Environmental engineering/ PRC
100
100
UE Novo (Malaysia) Sdn. Bhd.
(a)
Investment holding company/
Malaysia
100
100
United Envirotech (Fuzhou) Co Ltd
(a)
Environmental engineering/ PRC
100
100
