EXHIBIT 21
Subsidiaries
of
China ShouGuan Mining Corporation
The details of the Company’s subsidiaries and VIEs are described below:
Name | Place of incorporation and kind of legal entity | Principal activities and place of operation | Particulars of issued/ registered share capital | Effective interest Held | ||||
Bei Sheng Limited (“BSL”) | British Virgin Islands, a limited liability company | Investment holding in GWIL and provision of mining technical advice | 50,000 issued shares of US$1 each | 100% | ||||
Golden Wide International Limited (“GWIL”) | Hong Kong, a limited liability company | 100%-investment holding in SBCL | 10,000 issued ordinary shares of HK$1 each | 100% | ||||
Shoujin Business Consulting (Shenzhen) Limited (“SBCL”) | The PRC, a limited liability company | Provision of consulting service in the PRC | RMB100,000 | 100% | ||||
Shenzhen Shouguan Investment Co., Ltd (“SSIC”) # | The PRC, a limited liability company | 99%-investment holding in JinGuan | RMB18,100,000 | N/A | ||||
Yantai JinGuan Investment Limited (“JinGuan”) # | The PRC, a limited liability company | 100%-investment holding in XinGuan | RMB5,000,000 | N/A | ||||
Penglai XinGuan Investment Limited (“XinGuan”) # | The PRC, a limited liability company | Exploration, drilling, mining and sale of gold products | RMB21,000,000 | N/A |
# represents variable interest entity (“VIE”)