Exhibit 21.1
Subsidiaries of Focus Media Holding Limited
The following table sets forth information concerning our direct or indirect subsidiaries:
| Percentage of | ||||||
| Subsidiary | Place of Incorporation | ownership | ||||
| Focus Media (China) Holding Ltd. | Hong Kong | 100 | % | |||
| Focus Media Technology (Shanghai) Co., Ltd. | PRC | 100 | % | |||
| Pear Commercial Inc. | British Virgin Islands (“BVI”) | 100 | % | |||
| Perfect Media Holding Ltd. | BVI | 100 | % | |||
| Focus Media Qingdao Holding Ltd. | BVI | 100 | % | |||
| Focus Media Dalian Holding Ltd. | BVI | 100 | % | |||
| Focus Media Changsha Holding Ltd. | BVI | 100 | % | |||
| Focus Media Digital Information Technology (Shanghai) Co., Ltd. | PRC | 100 | % | |||
| New Focus Media Technology (Shanghai) Co., Ltd. | PRC | 100 | % | |||
| Sorfari Holdings Limited | BVI | 100 | % | |||
| Focus Media Tianjin Limited | BVI | 80 | % | |||
| Capital Beyond Limited | BVI | 100 | % | |||
| Shanghai New Focus Media Advertisement Co., Ltd. | PRC | 100 | % | |||
| Shanghai New Focus Media Advertising Agency Co., Ltd. | PRC | 100 | % | |||
| Shanghai Focus Media Defeng Advertisement Co., Ltd. | PRC | 100 | % | |||
| Focus Media (China) Information Technology Co., Ltd. | PRC | 100 | % | |||
| Shanghai Framedia Advertising Development Co., Ltd. | PRC | 100 | % | |||
| Beijing Focus Media Wireless Co., Ltd. | PRC | 100 | % | |||
| Chongqing Geyang Focus Media Culture & Broadcasting Co., Ltd. | PRC | 100 | % | |||
| Shanghai On-Target Advertisement Co., Ltd. | PRC | 100 | % | |||
| Lanzhou Focus Media Advertisement Co., Ltd. | PRC | 100 | % | |||
| Haerbin Focus Media Advertisement Co., Ltd. | PRC | 100 | % | |||
| Jilin Focus Media Advertisement Co., Ltd. | PRC | 100 | % | |||
| Shanghai Yuanchi Advertisement Co., Ltd. | PRC | 100 | % | |||
| Shijiazhuang Framedia Zhonglian Advertisement Co., Ltd. | PRC | 100 | % | |||
| Jinan Framedia Advertisement Co., Ltd. | PRC | 100 | % | |||
| Shanghai Focus Media Baixin Advertising Co., Ltd. | PRC | 70 | % | |||
| Shanghai Focus Media Xiangkun Advertising Co., Ltd. | PRC | 70 | % | |||
| Infoachieve Limited | BVI | 100 | % | |||
| Shanghai Framedia Investment Consultation Co., Ltd. | PRC | 100 | % | |||
| Target Media Holdings Limited | Cayman Islands | 100 | % | |||
| Target Media Multi-Media Technology (Shanghai) Co., Ltd. | PRC | 100 | % | |||
| Shanghai Chuanzhi Huakuang Advertising Agency Co., Ltd. | PRC | 100 | % | |||
| Beijing Chuanzhi Huakuang Advertising Agency Co., Ltd. | PRC | 100 | % | |||
| CGEN Digital Technology (Shanghai) Company Ltd. | PRC | 100 | % | |||
| Beijing Jinglongtian Technology Co., Ltd. | PRC | 100 | % | |||
| Shanghai Focus Media Jingshi Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Fukesi Advertising Co., Ltd. | PRC | 100 | % | |||
| Tianjin Focus Tongsheng Advertising Company Ltd. | PRC | 100 | % | |||
| Ruizhong Caiping (Beijing) Advertisement Co., Ltd | PRC | 75 | % | |||
| Huichun Focus Media Advertising Co., Ltd. | PRC | 100 | % | |||
| Jilin Guanghua Advertising Co., Ltd. | PRC | 85 | % | |||
| Ningbo Jiangdonglongdi Culture and Media Co., Ltd. | PRC | 100 | % | |||
| Shanghai New Structure Advertisement Co., Ltd. | PRC | 100 | % | |||
| Shanghai Chizhong Advertisement Co., Ltd. | PRC | 100 | % | |||
| Shanghai Honghao Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Zhiyi Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Yuanchi Culture & Broadcasting Co., Ltd. | PRC | 100 | % | |||
| Shanghai Lizhu Advertisement Co., Ltd. | PRC | 100 | % | |||
| Taiyuan Framedia Juzhong Advertisement Co., Ltd. | PRC | 100 | % | |||
| Zhengzhou Focus Media Frame Advertisement Co., Ltd. | PRC | 100 | % | |||
| Liaoning Framedia Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Dahan Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Jingxuan Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Zhengyuan Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Zhuosheng Advertising Co., Ltd. | PRC | 100 | % | |||
| Changsha Framedia Advertising Co., Ltd. | PRC | 100 | % | |||
| Sichuan Framedia Advertising Co., Ltd. | PRC | 100 | % | |||
| Qingdao Target Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Ruili Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Chuanzhi Advertising Co., Ltd. | PRC | 100 | % | |||
| Shanghai Chuanrui Advertising Co., Ltd. | PRC | 100 | % | |||
| Bestwin Partners Limited | BVI | 100 | % | |||
| Glomedia Holdings Limited | BVI | 100 | % | |||
| Appreciate Capital Ltd. | BVI | 70 | % | |||
| Richcrest Pacific Limited | BVI | 100 | % | |||
| Wealthstar Holdings Limited | BVI | 100 | % | |||
| Plentiworth Investment Limited | BVI | 100 | % | |||
| Directwealth Holdings Limited | BVI | 100 | % | |||
| Better off Investments Limited | BVI | 100 | % | |||
| Percentage of | ||||||
| Subsidiary | Place of Incorporation | ownership | ||||
| Topstart Holdings Limited | BVI | 100 | % | |||
| Vast Well Development Limited | BVI | 100 | % | |||
| Crownsky Limited | BVI | 100 | % | |||
| E-Rainbow Mobile Information Co., Limited | BVI | 100 | % | |||
| Active Max Limited | BVI | 100 | % | |||
| Sky Max Global Limited | BVI | 100 | % | |||
| Fully Ascend Limited | BVI | 100 | % | |||
| Luck Trillion Limited | BVI | 100 | % | |||
| Evercom Pacific Limited | BVI | 70 | % | |||
| One Capital Investment Limited | BVI | 100 | % | |||
| First Star Investment Limited | BVI | 100 | % | |||
| Xin Jin Hong Limited | Macau | 100 | % | |||
| Advantage Way Limited | BVI | 100 | % | |||
| Hua Kuang Advertising Company Limited | Hong Kong | 100 | % | |||
Subsidiaries of Focus Media Advertisement
The following table sets forth information concerning Focus Media Advertisement’s subsidiaries each of which is incorporated in China:
| Focus Media | ||||||||
| Advertisement’s | ||||||||
| Ownership | ||||||||
| Subsidiaries | Percentage | Region of Operations | Primary Business | |||||
Shanghai Focus Media Advertising Agency Co., Ltd.  | 90.0 | %(1) | PRC | Holding minority ownership in certain PRC operating affiliates | ||||
Shanghai Zonghengpinyu Advertisement Co., Ltd.  | 90 | %(2) | PRC | Dormant | ||||
Shanghai Qianjian Advertising Co., Ltd.  | 90.0 | %(1) | PRC | Dormant | ||||
Shanghai FengJing Advertisement & Communications Co., Ltd.  | 95.0 | %(3) | PRC | Dormant | ||||
Shanghai Shenghuotongdao Advertisement Co., Ltd.  | 90 | %(2) | PRC | Dormant | ||||
Shanghai Perfect Media Advertising Agency Co., Ltd. (“Shanghai Perfect”)  | 95.0 | %(1) | PRC | Dormant | ||||
Shenyang Focus Media Advertising Co., Ltd.  | 70.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Hefei Fukesi Advertising Co. Ltd.  | 90.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Nanjing Focus Media Advertising Co., Ltd.  | 90.0 | %(3) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Xian Focus Media Advertising & Information Company Ltd.  | 70.0 | %(3) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
| Focus Media | ||||||||
| Advertisement’s | ||||||||
| Ownership | ||||||||
| Subsidiaries | Percentage | Region of Operations | Primary Business | |||||
Zhejiang Ruihong Focus Media Advertising Communications Co., Ltd.  | 80.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Xiamen Focus Media Advertising Company Ltd.  | 90.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Changsha Focus Media Shiji Advertisement Co., Ltd.  | 90.0 | %(1) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Qingdao Focus Media Advertisement Co., Ltd.  | 90.0 | %(1) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Hebei Focus Media Advertising Company Ltd.  | 90.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Wuhan Geshi Focus Media Advertising Co., Ltd.  | 75.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Sichuan Focus Media Advertising Communications Co., Ltd.  | 90.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Dalian Focus Media Advertising Co., Ltd.  | 90.0 | %(1) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Fuzhou Fukesi Advertising Co., Ltd.  | 70.0 | %(3) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Jinan Focus Media Advertising Co., Ltd.  | 80.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Guangzhou Feisha Advertisement Co., Ltd.  | 90.0 | %(2) | PRC | Dormant | ||||
Dongguan Focus Media Advertisement & Communications Co., Ltd.  | 50.0 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Yunnan Focus Media Co., Ltd.  | 89.5 | %(2) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Zhuhai Focus Media Culture and Communication Company Ltd.  | 90.0 | %(1) | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Guangzhou Fuke Advertising Co., Ltd.  | 100 | % | PRC | Dormant | ||||
Shanghai Jiefang Focus Media Advertisement & Communications Co., Ltd.  | 60.0 | %(3) | PRC | Operation and maintenance of direct mailing advertising business | ||||
Shanghai Qianzhong Advertisement Co., Ltd.  | 90.0 | %(2) | PRC | Dormant | ||||
Guangzhou Zhongping Advertisement Co., Ltd.  | 90.0 | %(2) | PRC | Dormant | ||||
| Focus Media | ||||||||
| Advertisement’s | ||||||||
| Ownership | ||||||||
| Subsidiaries | Percentage | Region of Operations | Primary Business | |||||
ShiJiaZhuang Focus Media HuiHuang Business Advertisement Co., Ltd.  | 63.0 | %(3) | PRC | Dormant | ||||
ZhengZhou Focus Media Advertisement & Communications Co., Ltd.  | [84.0 | %(2)] | PRC | Operation and maintenance of out-of-home television advertising network | ||||
BeiJing YangShiSanWei Advertisement Co., Ltd.  | 70.0 | %(3) | PRC | Operation and maintenance of movie theatre advertising network | ||||
Shanghai Zhenhao Advertising Co., Ltd.  | 70.0 | %(3) | PRC | Operation and maintenance of movie theatre advertising network | ||||
Hefei Tiandi Advertisement Co., Ltd.  | 90 | %(2) | PRC | Dormant | ||||
Guizhou Focus Media Advertisement Co., Ltd.  | 100 | % | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Suzhou Focus Media Communication and Advertisement Co., Ltd.  | 100 | % | PRC | Operation and maintenance of out-of-home television advertising network | ||||
Shanghai Yuanyuan Advertisement Co., Ltd.  | 90 | %(2) | PRC | Dormant | ||||
Tianjin Saige Advertisement Planning Co., Ltd.  | 90 | %(2) | PRC | Dormant | ||||
Kunming Jingzhirui Advertising Co., Ltd.  | 100 | % | PRC | Operation and maintenance of advertising poster frame network | ||||
Shanghai Target Media Co., Ltd.  | 90.0 | %(2) | PRC | Dormant | ||||
Shenyang Target Media Ltd.  | 30.0 | %(4) | PRC | Dormant | ||||
| (1) | The remaining equity interest is held by Jimmy Wei Yu as our nominee holder. | |
| (2) | The remaining equity interest is held by Shanghai Focus Media Advertising Agency Co., Ltd.. | |
| (3) | The remaining equity interest in this entity is owned by unrelated third parties. | |
| (4) | The remaining equity interests held by Shanghai Target Media Co., Ltd.. |
The following table sets forth information concerning Focus Media Advertisement’s indirect subsidiaries each of which is incorporated in China:
| Subsidiaries | Ownership Structure | Region of Operations | Primary Business | |||
Shanghai New Perfect Media Advertising Agency Co., Ltd. (“Shanghai New Perfect”)  | 95.0% held by Shanghai Perfect 5.0% held by Jimmy Wei Yu | PRC | Dormant |
| Subsidiaries | Ownership Structure | Region of Operations | Primary Business | |||
Haerbin Yifang Focus Media Advertisement Co., Ltd.  | 90.0% held by Shanghai Perfect 10.0% held by Shanghai New Perfect | PRC | Dormant |