| | Proportion of Ownership 2018 | Proportion of Ownership 2017 | |
Name of subsidiary | Place of incorporation/ ownership (or registration) and operation | (%) | (%) | Statutory Auditor of subsidiaries |
XP Power Plc | UK | 100 | 100 | PricewaterhouseCoopers LLP |
XP PLC | UK | 100 | 100 | PricewaterhouseCoopers LLP |
XP Power Holdings Limited | UK | 100 | 100 | PricewaterhouseCoopers LLP |
XP Power AG | Switzerland | 100 | 100 | Karpf Treuhand & Revisions AG |
Powersolve Electronics Limited* | UK | 89.9 | 89.9 | PricewaterhouseCoopers LLP |
XP Power Srl | Italy | 100 | 100 | Exempted to be audited by local statutory law |
XP Power ApS | Denmark | 100 | 100 | Bierholm |
XP Power Sweden AB | Sweden | 100 | 100 | Rodl & Partner Nordic AB |
XP Power BV | Holland | 100 | 100 | Exempted to be audited by local statutory law |
XP Power GmbH | Germany | 100 | 100 | Exempted to be audited by local statutory law |
XP Power SA | France | 100 | 100 | Deloitte |
XP Power Norway AS | Norway | 100 | 100 | BDO AS |
XP Power International Limited | UK | 100 | 100 | Exempted to be audited by local statutory law |
Forx, Inc. | Delaware | 100 | 100 | Exempted to be audited by local statutory law |
XP Power LLC | USA | 100 | 100 | Exempted to be audited by local statutory law |
XP Power (Shanghai) Co., Limited | China | 100 | 100 | Shanghai Jahwa CPAs |
XP Power (Hong Kong) Limited | HK | 100 | 100 | PricewaterhouseCoopers Limited |
XP Power Singapore Holdings Pte Limited | Singapore | 100 | 100 | PricewaterhouseCoopers LLP |
XP Power (Vietnam) Co., Limited | Vietnam | 100 | 100 | PricewaterhouseCoopers (Vietnam) Limited |
XP Power Singapore Manufacturing Pte. Ltd. | Singapore | 100 | 100 | PricewaterhouseCoopers LLP |
XP Power (Israel) Ltd | Israel | 100 | 100 | Ernst and Young Solutions LLP |
XP Power Japan K.K. | Japan | 100 | 100 | Exempted to be audited by local statutory law |
Hanpower Co., Ltd | South Korea | 51 | 51 | Exempted to be audited by local statutory law |