Huawei 2015 Annual Report Download - page 79

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77
Particulars of material associates and joint ventures, all of which are unlisted corporate entities whose quoted market
price is not available, are set out below:
Name of associate or joint
venture
Form of
business
structure
Place of
incorporation
and business
Proportion of
ownership interest Nature of the relationship
2015 2014
Associate
TD Tech Holding Limited (TD Tech) Incorporated Hong Kong, PRC 49% 49%
Note (a)
Tianwen Digital Media Technology
(Beijing) Co., Ltd.
(Tianwen Digital Media)
Incorporated Beijing, PRC 24% 49%
Note (b)
Joint venture
Huawei Marine Systems Co., Ltd.
(Huawei Marine) Incorporated Hong Kong, PRC 51% 51%
Note (c)
Note (a): TD Tech's principal activity is research and development, production and sale of TD-SCDMA telecommunication
products.
Note (b): Tianwen Digital Media's principal activity is development, publication and operation of digital media related services.
In 2015, the Group disposed of 25% of its interests in Tianwen Digital Media to a third party.
Note (c): Huawei Marine's principal activity is construction and operation of submarine fibres.