Asia-Pacific Strategic Investments Limited - Annual Report 2021

Notes to the Financial Statements For the financial year ended 30 June 2021

activities incorporation 2021 2020 2021 2020 2021 2020 % % % % % % PRC - - 77 72 23 28

PRC - - 77 72 23 28

PRC - - 77 72 23 28

Real estate agency PRC - - 77 72 23 28

PRC - - 77 72 23 28

controlling interests

Proportion of ordinary shares held by non-

Group

Proportion of ordinary

shares directly held by

parent

Proportion of ordinary

shares directly held by

business/

Country of

of hotel

and hospitality services

management services

18 Investments in subsidiary corporations (continued) Details of subsidiary corporations are as follows: (continued) Principal Held by Grand Canal Group Huzhou Ludi Wetland Tourism Development Co., Ltd 湖州芦荻湿地 旅游发展有限公司 (1), (3) Provision of tourism services Provision management

Provision

of property

Real estate

development

Zhejiang Zhongfang Ludizhou Real Estate Development Co., Ltd 浙江中房 芦荻洲房地产开发有限公司 (1), (3)

Zhejiang Zhongfang Ludizhou Real Estate Agency Co., Ltd 浙江中房芦荻 洲房地产经纪有限公司 (1), (3)

Zhejiang Zhongfang Ludizhou Properties Management Co., Ltd 浙江中房芦荻洲 物业管理有限公司 (1), (3)

Zhejiang Zhongfang Yashe Hotel Management Co., Ltd 浙江中房雅舍酒 店管理有限公司 (2), (3)

(1) Not required to be audited under the laws of the country of incorporation. (2) Audited by Shanghai Nexia TS Certified Public Accountants for consolidation purposes. (3) Collectively, the Huzhou Subsidiary Corporations.

ANNUAL REPORT 2021

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