Details of significant subsidiaries of the Group are as follows:
Name of significant subsidiary |
Place of incorporation/ business |
Group’s effective equity interest |
||||||||
31.12.2016 | 31.12.2017 | |||||||||
% | % | |||||||||
Guangxi Yuchai Machinery Company Limited |
People’s Republic of China | 76.4 | 76.4 | |||||||
Guangxi Yuchai Machinery Monopoly Development Co., Ltd |
People’s Republic of China | 54.9 | 54.9 | |||||||
Guangxi Yuchai Accessories Manufacturing Company Limited |
People’s Republic of China | 76.4 | 76.4 | |||||||
Guangxi Yuchai Equipment Mould Company Limited (formerly known as Guangxi Yulin Yuchai Accessories Manufacturing Company Limited) |
People’s Republic of China | 76.4 | 76.4 | |||||||
Guangxi Yulin Hotel Company Limited |
People’s Republic of China | 76.4 | 76.4 | |||||||
Jining Yuchai Engine Company Limited (i) |
People’s Republic of China | — | 76.4 | |||||||
Yuchai Remanufacturing Services (Suzhou) Co., Ltd. |
People’s Republic of China | 76.4 | 76.4 | |||||||
HL Global Enterprises Limited |
Singapore | 50.2 | 50.2 |
Note:
(i) |
In September, 2014, Yuchai disposed its 70% equity interest in Jining Yuchai. Subsequently, through contractual arrangements, Yuchai obtained 100% control in Jining Yuchai. |
In November, 2017, Yuchai acquired 100% equity interest in Jining Yuchai, As a result, Jining Yuchai became a wholly owned subsidiary of Yuchai. For details, please refer to Note 1.2.