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Exhibit 21
Schedule of Subsidiaries
Percentage Interest | |||||||
Name of Entity | 2007 | 2006 | |||||
Jingzhou Henglong Automotive Parts Co., Ltd.("Henglong") | 44.50 | % | 44.50 | % | |||
Shashi Jiulong Power Steering Gears Co., Ltd. ("Jiulong") | 81.00 | % | 81.00 | % | |||
Shenyang Jinbei Henglong Automotive Steering System Co., Ltd. ("Shenyang") | 70.00 | % | 70.00 | % | |||
Zhejiang Henglong & Vie Pump-Manu Co., Ltd. ("Zhejiang") | 51.00 | % | 51.00 | % | |||
Universal Sensor Application Inc. (“USAI”) | 75.90 | % | 60.00 | % | |||
Wuhan Jielong Electric Power Steering Co., Ltd. (“Jielong”) | 85.00 | % | 85.00 | % | |||
Wuhu HengLong Auto Steering System Co., Ltd. (“Wuhu”) | 77.33 | % | 77.33 | % | |||
Jingzhou Hengsheng Automotive System Co., Ltd, “Hengsheng” | 100.00 | % | — |