EX-21.1 3 ex21_1.htm EXHIBIT 21.1 ex21_1.htm
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%
     
Business Boom Investments Limited
British Virgin Islands
100%
     
Linkrich Enterprise Advertising and Investment Limited
Hong Kong
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 Group (HK) 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% *
     
Yi Gao Shanghai Advertising Limited
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.