Exhibit 21.1
SmartHeat Inc. and subsidiaries as of December 31, 2013
Subsidiary Name | | Jurisdiction of Incorporation | | Percentage Owned |
| | | | | |
Heat HP Inc. | | Nevada, United States | | 100% | |
*SmartHeat (China) Investment Co., Ltd. | | People’s Republic of China | | 100% | |
*SmartHeat (Shanghai) Trading Co., Ltd. | | People’s Republic of China | | 100% | |
*SmartHeat (Shenyang) Heat Pump Technology Co., Ltd. | | People’s Republic of China | | 98.8% | (1) |
*Beijing SmartHeat Jinhui Energy Technology Co., Ltd | | People’s Republic of China | | 52% | (2) |
* Indicates subsidiary of a subsidiary.
(1) | We hold through 98.8% of the equity interest in SmartHeat Pump, with the remaining 1.2% of the equity interest held by Shenyang Economic and Technological Development Zone State-owned Assets Management Co., Ltd. |
(2) | We control 52% of Jinhui pursuant to a joint venture agreement entered into with the minority owner, Beijing Jun Tai Heng Rui Investment Consultancy Co. Ltd. |