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2011/12 Annual Report Lenovo Group Limited 175
38 Principal subsidiaries (continued)
Company name
Place of
incorporation/
establishment
Issued and fully
paid up capital
Percentage of
issued capital held Principal activities
2012 2011
Medion AG Germany EUR48,418,400 61.48% –Retail and service
business for
consumer electronic
products
NEC Personal Computers, Ltd. Japan JPY5,000,000,000 51% –Manufacturing and
distribution of IT
products
陽光雨露信息技術服務（北京）
有限公司
Sunny Information Technology
Service. Inc.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, 2011 and 2012 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 23, 2012.