Lenovo 2011 Annual Report Download - page 134

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2010/11 Annual Report Lenovo Group Limited 137
38 Principal subsidiaries (continued)
Company name
Place of
incorporation/
establishment
Issued and fully
paid up capital Effective holding Principal activities
2011 2010
Lenovo Technology B.V. Netherlands EUR20,000 100% 100% Distribution
of IT products
Lenovo Technology Sdn. Bhd. Malaysia MYR1,000,000 100% 100% Distribution
of IT products
Lenovo Tecnologia (Brasil) Ltda Brazil BRL112,298,654 100% 100% Distribution
of IT products
Lenovo (Thailand) Limited Thailand THB50,000,000 100% 100% Distribution
of IT products
Lenovo (United States) Inc. United States US$1 100% 100% Distribution
of IT products
Lenovo (Venezuela), SA Venezuela VEB3,846,897 100% 100% Distribution
of IT products
聯想(武漢)有限公司
(Lenovo (Wuhan) Limited)1
(Chinese-foreign equity joint venture)
Chinese Mainland RMB10,000,000 100% 100% Provision of IT services
and distribution
of IT products
聯想(西安)有限公司
(Lenovo (Xian) Limited)1
(Chinese-foreign equity
joint venture)
Chinese Mainland RMB10,000,000 100% 100% Provision of IT services
and distribution
of IT products
LLC “Lenovo (East Europe/Asia)” Russia RUB1,910,000 100% 100% Distribution
of IT products
陽光雨露信息技術服務(北京)
 有限公司
(Sunny Information Technology Service
(Beijing) Co., Ltd.)1
(Chinese-foreign equity joint venture)
Chinese Mainland RMB20,000,000 100% 100% Provision of repair
services for
computer hardware
and software
systems
Notes:
(i) All the above subsidiaries operate principally in their respective places of incorporation or establishment.
(ii) All the Chinese Mainland subsidiaries are limited liability companies. They have adopted December 31 as their financial year end date for
statutory reporting purposes. For the preparation of the consolidated financial statements, financial statements of these subsidiaries for
the years ended March 31, 2010 and 2011 have been used.
(iii) The company whose English name ends with a “1” is a direct transliteration of its Chinese registered name.
39 Approval of financial statements
The financial statements were approved by the board of directors on May 26, 2011.