The Group’s interests in associates are accounted for under the equity method. Details of the Group’s principal associates are as follows:
Name of company |
Attributable equity interest |
Principal activities |
||||
China Tower Corporation Limited | 27.9 | % | Construction, maintenance and operation of telecommunications towers as well as ancillary facilities | |||
Shanghai Information Investment Incorporation | 24.0 | % | Provision of information technology consultancy services |
The above associates are established and operated in the PRC and are not traded on any stock exchange.