Shengkai Innovations (VALV) Inactive 10-Q2010 Q3 Quarterly report

Filed: 14 May 10, 12:00am

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New words: agreed, ASU, award, awarded, Blue, bound, Bulletin, CFO, compensation, compliance, consent, consulting, David, delete, domestic, Excluding, extended, free, grant, granted, higher, history, ii, iii, incentive, inclusion, key, large, LLC, LP, machinery, mainland, media, Ming, newly, nonvested, offer, Opportunity, Petroleum, policy, preferential, professional, recurring, refund, renamed, requisite, Ridge, satisfy, simplified, Sinopec, small, split, stage, temporarily, Treasury, unrecognized, unvested, utilized, vest, vested, vesting, Vision, yield

Removed: analytical, audit, expression, failed, Fax, maintain, minimal, objective, opinion, Oversight, Qualitative, Quantitative, reviewed, Sc, scope, SKII, Tel

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EXHIBIT 21.1

LIST OF SUBSIDIARIES

Shengkai Innovations, Inc. (formerly “Southern Sauce Company, Inc.”) has the following subsidiaries and affiliates:

Subsidiaries’ or Affiliate’s Name	Jurisdiction of Incorporation or Organization	Percentage of Ownership

Shen Kun International Limited (“Shen Kun”)	British Virgin Islands	100% by Shengkai Innovations, Inc.

Shengkai (Tianjin) Limited, formerly Shengkai (Tianjin) Ceramic Valves Co., Ltd. (“SK”, “WFOE”)	PRC	100% by Shen Kun

Tianjin Shengkai Industrial Technology Development Co., Ltd. (“Shengkai”)	PRC	Controlled by SK through a series of contractual agreements