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New words:
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Additionally, air, assessing, attracted, began, Building, Bun, characterized, climate, commit, compete, conservatism, coverage, created, decide, decided, deferral, desirable, disregard, Distinguishing, economy, enable, enactment, enhance, entering, entrance, EPS, European, expanding, expended, expose, frame, guarantee, hampered, Hoi, indefinite, indexed, intense, internet, Kowloon, Kwun, lease, leasing, locate, lose, mandatorily, navigational, noncontrolling, nonpublic, offset, panel, prefer, prevailed, prolonged, receivable, reclassify, recovery, redeemable, remeasure, Replacement, revival, round, sector, simplify, slowdown, smooth, sovereign, spending, step, strength, strictly, struggle, Tong, traditional, transport, turmoil, TV, world
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Exhibit 21.1
LIST OF SUBSIDIARIES AND VARIABLE INTEREST ENTITY
Name | Place of Incorporation | Ownership interest attributable to the Company |
NCN Group Limited | British Virgin Islands | 100% |
NCN Media Services Limited | British Virgin Islands | 100% |
Cityhorizon Limited | Hong Kong | 100% |
NCN Group Management Limited | Hong Kong | 100% |
Crown Eagle Investment Limited | Hong Kong | 100% |
Crown Winner International Limited | Hong Kong | 100% |
NCN Huamin Management Consultancy (Beijing) Company Limited ** | The PRC | 100% |
Huizhong Lianhe Media Technology Co., Ltd. ** | The PRC | 100% |
Beijing Huizhong Bona Media Advertising Co., Ltd.* | The PRC | 100% * |
Xingpin Shanghai Advertising Limited. * | The PRC | 100% * |
Chuanghua Shanghai Advertising Limited | The PRC | 100% |
Jiahe Shanghai Advertising Limited | The PRC | 100% |
* Variable interest entity which the Company exerted 100% control through a set of commercial arrangements.
** The subsidiary’s business license has been revoked.