EX-21.1 3 axti-20151231ex211daea11.htm EX-21.1 axti_Ex21_1

Exhibit 21.1

Subsidiaries of the Registrant

 

 

 

Ownership

Name

 

Percentage

Beijing Tongmei Xtal Technology

 

100

Beijing Ji Ya Semiconductor Material Co., Ltd *

 

46

Nanjing Jin Mei Gallium Co., Ltd

 

83

Beijing BoYu Manufacturing Co., Ltd

 

70

 


*      AXT’s ownership of this subsidiary was 51% at inception, reduced to 46% at December 31, 2005 as 5% ownership was given to Ji Ya’s management upon fulfillment of certain conditions. AXT continue to consolidate JiYa as we are the founding shareholder, the largest shareholder, we appoint the general manager and controller and have the ability to exercise control in substance over the long term strategic decisions made. continues to consolidate this subsidiary as it has significant influence over management and majority control of its board of directors.