Friday, June 1, 2007

China Mobile Hong Kong (BVI) Limited

Industry: Telecommunications

Main business locations: China

Registered Address:
P.O. Box 957,
Offshore Incorporations Centre,
Road Town, Tortola,
British Virgin Islands

Registration number: 244168

Subsidiary (China Mobile Limited) listed on: NYSE
Ticker: CHL

Market Capitalization of subsidiary (China Mobile Limited): 184.98 billion US dollars

Auditors: KPMG

Legal Advisors:
Linlaters
Sullivan & Cromwell LLP

Main shareholders:
China Mobile (Hong Kong) Group Limited

About the BVI company:

China Mobile Hong Kong (BVI) Ltd. is majority shareholder of Chine Mobile Limited holding an equity interest of approximately 74.57 per cent of this Chinese wireless communications giant. The remaining 24.43% equity interest of the company is held by public investors. China Mobile Hong Kong (BVI) Ltd. is owned by China Mobile (Hong Kong) Group Limited. Indirectly through Chine Mobile Limited, the China Mobile Hong Kong (BVI) Ltd. is owning also the following Chinese, BVI and Cayman Islands companies:
  • Guangdong Mobile (China) (Mobile telecommunications operator)
  • China Mobile Group Zhejiang Co., Ltd. (Mobile telecommunications operator)
  • Jiangsu Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Jiangsu Co., Ltd. (Mobile telecommunications operator)
  • Fujian Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Fujian Co., Ltd. (Mobile telecommunications operator)
  • Henan Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Henan Co., Ltd. (Mobile telecommunications operator)
  • Hainan Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Hainan Co., Ltd. (Mobile telecommunications operator)
  • Beijing Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Beijing Co., Ltd. (Mobile telecommunications operator)
  • Shanghai Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Shanghai Co., Ltd. (Mobile telecommunications operator)
  • Tianjin Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Tianjin Co., Ltd. (Mobile telecommunications operator)
  • Hebei Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Hebei Co., Ltd. (Mobile telecommunications operator)
  • Liaoning Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Liaoning Co., Ltd. (Mobile telecommunications operator)
  • Shandong Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Shandong Co., Ltd. (Mobile telecommunications operator)
  • Guangxi Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Guangxi Co., Ltd. (Mobile telecommunications operator)
  • Anhui Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Anhui Co., Ltd. (Mobile telecommunications operator)
  • Jiangxi Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Jiangxi Co., Ltd. (Mobile telecommunications operator)
  • Chongqing Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Chongqing Co., Ltd. (Mobile telecommunications operator)
  • Sichuan Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Sichuan Co., Ltd. (Mobile telecommunications operator)
  • Hubei Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Hubei Co., Ltd. (Mobile telecommunications operator)
  • Hunan Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Hunan Co., Ltd. (Mobile telecommunications operator)
  • Shaanxi Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Shaanxi Co., Ltd. (Mobile telecommunications operator)
  • Shanxi Mobile Communication (BVI) Limited (Investment holding company)
  • China Mobile Group Shanxi Co., Ltd. (Mobile telecommunications operator)
  • Neimenggu Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Neimenggu Co., Ltd. (Mobile telecommunications operator)
  • Jilin Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Jilin Co., Ltd. (Mobile telecommunications operator)
  • Heilongjiang Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Heilongjiang Co., Ltd. (Mobile telecommunications operator)
  • Guizhou Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Guizhou Co., Ltd. (Mobile telecommunications operator)
  • Yunnan Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Yunnan Co., Ltd. (Mobile telecommunications operator)
  • Xizang Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Xizang Co., Ltd. (Mobile telecommunications operator)
  • Gansu Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Gansu Co., Ltd. (Mobile telecommunications operator)
  • Qinghai Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Qinghai Co., Ltd. (Mobile telecommunications operator)
  • Ningxia Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Ningxia Co., Ltd. (Mobile telecommunications operator)
  • Xinjiang Mobile (BVI) Limited (Investment holding company)
  • China Mobile Group Xinjiang Co., Ltd. (Mobile telecommunications operator)
  • Beijing P&T Consulting & Design Institute (BVI) Limited (Investment holding company)
  • China Mobile Group Design Institute Co., Ltd. (Mobile telecommunications supporting services)
  • China Mobile Communication (BVI) Limited (Investment holding company)
  • China Mobile Communication Co., Ltd. (Mobile telecommunications supporting services)
  • China Mobile Holding Company Limited (China) (Investment holding company)
  • China Mobile (Shenzhen) Limited (Roaming clearance services)
  • Aspire Holdings Limited (Cayman Islands) (Investment holding company)
  • Aspire (BVI) Limited (Investment holding company)
  • Aspire Technologies (Shenzhen) Limited (China) (Technology development)
  • Aspire Information Network (Shenzhen) Limited (China) (Mobile telecommunications supporting services)
  • Aspire Information Technologies (Beijing) Limited (Technology development)
  • Fujian FUNO Mobile Communication Technology Company Limited (China) (Mobile telecommunications supporting services)
  • Advanced Roaming & Clearing House Limited (British Virgin Islands) (Roaming clearance services)
  • Fit Best Limited (British Virgin Islands) (Investment holding company)
  • Peoples Telephone (Hong Kong) (Mobile telecommunications services)
Source: China Mobile Limited Annual Report 2006

As we can see from the company list, the most mobile telecommunications operating companies are paired with BVI investment holding companies. This is quite prominent example of BVI company use as investment holding company. 30 Chinese mobile telecommunications operators are owned through 30 BVI investment holding companies, and another 3 BVI investment companies as well as Chinese and Cayman Islands holding company are used in the structure.

As of 31 December 2006, China Mobile Group had a Mainland China market share of approximately 67.5%. The Group's GSM global roaming services covered 219 countries and regions, and its GPRS roaming services covered 138 countries and regions.

In 2006, the Company was once again chosen by Financial Times as one of the “FT Global 500”, and was included it the list of “The World's 2000 Biggest Public Companies” by Forbes magazine.

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