311 Notes to the Consolidated Financial Statements 57
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ANNUAL REPORT 2015 311 Notes to the Consolidated Financial Statements For the year ended 31 December 2015 57 Principal subsidiaries, associates and joint ventures (a) Principal subsidiaries Proportion of ownership interest Place of Attributable Held by the Held by Name of company incorporation Principal activity Shares issued to the Group Company subsidiaries CITIC Corporation Limited Mainland China Investment holding N/A 100% 100% 0% 中國中信有限公司 CITIC Pacific Limited British Virgin Islands Investment holding 46,881 100% 100% 0% 中信泰富有限公司 Jiangsu CP Xingcheng Special Mainland China Manufacturing N/A 100% 0% 100% Steel Co., Ltd. 江蘇泰富興澄特殊鋼有限公司 Daye Special Steel Co., Ltd. Mainland China Manufacturing 449,408,480 58.13% 0% 58.13% 大冶特殊鋼股份有限公司 Dah Chong Hong Holdings Limited Hong Kong Investment Holding 1,832,133,000 56.07% 0% 56.07% 大昌行集團有限公司 CITIC Mining International Ltd. Cayman Islands Resources and Energy 1 100% 100% 0% 中信礦業國際有限公司 CITIC Telecom International Hong Kong Telecom services 3,382,342,098 58.77% 0% 58.77% Holdings Limited 中信國際電訊集團有限公司 CITIC Holdings Co., Ltd. Mainland China Financial services N/A 100% 0% 100% 中信控股有限責任公司 China CITIC Bank Corporation Limited Mainland China Financial services 46,787,327,034 67.13% 0% 67.13% 中信銀行股份有限公司 (note (i)) CITIC International Financial Hong Kong Financial Services 7,459,172,916 67.13% 0% 100% Holdings Limited 中信國際金融控股有限公司 CITIC Trust Co., Ltd. Mainland China Financial services N/A 100% 0% 100% 中信信託有限責任公司 CITIC Finance Company Limited Mainland China Financial services N/A 100% 0% 100% 中信財務有限公司 CITIC Real Estate Co., Ltd. Mainland China Real estate 6,790,000,000 88.37% 0% 88.37% 中信房地產股份有限公司 CITIC Industrial Investment Mainland China Infrastructure N/A 100% 0% 100% Group Corp., Ltd. 中信興業投資集團有限公司 Note: (i) Registration of 2,147,469,539 new A shares issued by CITIC Bank through private placement in 2015 was completed on 20 January 2016. CITIC LIMITED 312 Notes to the Consolidated Financial Statements For the year ended 31 December 2015 57 Principal subsidiaries, associates and joint ventures (continued) (a) Principal subsidiaries (continued) Proportion of ownership interest Place of Attributable Held by the Held by Name of company incorporation Principal activity Shares issued to the Group Company subsidiaries CITIC Heye Investment Co., Ltd. Mainland China Real estate N/A 100% 0% 100% 中信和業投資有限公司 CITIC Capital Mansion Co., Ltd. Mainland China Real estate N/A 100% 0% 100% 中信京城大廈有限責任公司 CITIC Building Property Mainland China Real estate N/A 100% 0% 100% Management Co., Ltd. 北京中信國際大廈物業管理有限公 司 CITIC Construction Company Limited Mainland China Engineering N/A 100% 0% 100% 中信建設有限責任公司 contracting CITIC Engineering Design and Mainland China Engineering N/A 100% 0% 100% Construction Company Limited contracting 中信工程設計建設有限公司 CITIC Resources Holdings Limited Hong Kong Resources and Energy 7,857,727,149 59.50% 0% 59.50% 中信資源控股有限公司 CITIC United Asia Investments Limited Hong Kong Resources and Energy 916,829,000 100% 0% 100% 中信裕聯投資有限公司 CITIC Metal Co., Ltd. Mainland China Resources and Energy N/A 100% 0% 100% 中信金屬有限公司 CITIC Australia Pty Limited Australia Resources and Energy 85,882,017 100% 0% 100% 中信澳大利亞有限公司 CITIC Kazakhstan LLP Kazakhstan Resources and Energy N/A 100% 0% 100% 中信哈薩克斯坦有限公司 CITIC Heavy Industries Co., Ltd. Mainland China Manufacturing 4,186,626,501 69.73% 0% 69.73% 中信重工機械股份有限公司 (note (ii)) CITIC Investment Holdings Limited Mainland China Manufacturing N/A 100% 0% 100% 中信投資控股有限公司 Note: (ii) Registration of 152,792,792 new A shares issued by CITIC Heavy Industries in 2015 was completed on 5 January 2016. ANNUAL REPORT 2015 313 Notes to the Consolidated Financial Statements For the year ended 31 December 2015 57 Principal subsidiaries, associates and joint ventures (continued) (a) Principal subsidiaries (continued) Proportion of ownership interest Place of Attributable Held by the Held by Name of company incorporation Principal activity Shares issued to the Group Company subsidiaries CITIC Dicastal Co., Ltd. Mainland China Manufacturing 781,526,221 100% 0% 100% 中信戴卡股份有限公司 CITIC Asia Satellite Holding British Virgin Islands Information industry 60,524,465 100% 0% 100% Company Limited 中信亞洲衛星控股有限公司 CITIC Press Corporation Mainland China Publishing 125,500,000 100% 0% 100% 中信出版集團股份有限公司 China Zhonghaizhi Corporation Mainland China Service N/A 51.03% 0% 51.03% 中國中海直有限責任公司 CITIC Tourism Group Co., Ltd. Mainland China Service N/A 100% 0% 100% 中信旅遊集團有限公司 CITIC Environment Investment Mainland China Energy saving and N/A 100% 0% 100% Group Co., Limited Environmental 中信環境投資集團有限公司 protection CITIC LIMITED 314 Notes to the Consolidated Financial Statements For the year ended 31 December 2015 57 Principal subsidiaries, associates and joint ventures (continued) (b) Principal associates Details of the Group’s interest in principal associates, which are accounted for using the equity method in the consolidated financial statements of the Group are as follows: Proportion of ownership interest Place of Attributable Held by the Held by Name of company incorporation Principal activity Shares issued to the Group Company subsidiaries CITIC Securities Co., Ltd. Mainland China Securities related 12,116,908,400 15.59% 0% 15.59% 中信證券股份有限公司 services CITIC Dameng Holdings Limited Bermuda Resources and Energy 3,428,459,000 29.53% 0% 43.46% 中信大錳控股有限公司 Hong Kong Resort Company Limited Hong Kong Real estate N/A 50% 0% 50% 香港興業有限公司 (c) Principal joint ventures Details of the Group’s interest in principal joint ventures, which are accounted for using the equity method in the consolidated financial statements of the Group are as follows: Proportion of ownership interest Place of Attributable Held by the Held by Name of company incorporation Principal activity Shares issued to the Group Company subsidiaries CITIC-Prudential Life Insurance Co., Ltd. Mainland China Insurance and N/A 50% 0% 50% 信誠人壽保險有限公司 reinsurance CITIC Capital Holdings Limited Hong Kong Investment N/A 24.06% 0% 24.06% 中信資本控股有限公司 management CSSC Complex Property Co., Ltd. Mainland China Real estate N/A 50% 50% 0% 中船置業有限公司.