CORPORATE STRUCTURE
Vinte está conformada por ocho subsidiarias: Javer, Promotora, Urbanizaciones, XANTE&VI (antes Vinte Administración), EIC, Conectha, Emobel y Urba e Infra del Centro, en la cuales mantiene una participación accionaria mayor al 95%. La estructura corporativa de Vinte, así como las actividades que desarrolla cada una de sus Subsidiarias se describen en la siguiente gráfica:
Vinte’s stake in its subsidiaries and their associates, as well as a detailed description of their activities, are presented in the following table:
| Subsidiary | Stake | Business Type |
|---|---|---|
| Promotora | 99.99% | Land bank acquisition, subcontracting construction services for subsidiaries and third parties, subscribes 100% of the group's total financial debt, development, marketing, and home sales. |
| Urbanizaciones | 99.99% | Architectural and urban design, master plans and innovation in housing, land bank acquisition; in the future, with the possibility of development, marketing and home titling, subcontracting construction services for affiliates and third parties. |
| Xante&VI (antes Vinte Administración) | 98.00% | Purchase and sale of new or pre-owned housing, as well as the promotion, brokerage, management, and administration of all activities related to such transactions. This also includes the development of e-commerce platforms, vertical sites, and internet portals with diverse content. |
| EIC | 99.99% | Construction services. |
| Conectha | 99.99% | Research and development, as well as some home products and services. |
| Emobel | 99.99% | Marketing of hardware, software, internet, communication services, technology, furniture and appliances. |
| Urba. e Infra. del Centro | 99.80% | Execution and delivery of specialized services and infrastructure works, including any partial construction services other than full-scale construction. |
| Javer | 99.95% | Holding company that, together with its subsidiaries, is engaged in the construction and commercialization of social, middle-income, and residential housing in Mexico. It has four subsidiaries focused on real estate commercialization. |
| Fideicomiso Desarrollo OV1 | 75.00% (joint venture) | Trust Agreement for business activities between Vinte and OHL Desarrollos that will serve as a vehicle for the development of approximately 3,600 homes over five years in the Ciudad Mayakoba project located in Playa del Carmen, Q. Roo. |
| Fideicomiso CIB/3698 | 50.00% | Development and sale of middle-higher income properties (pre-operational phase). |
(1) In 2014, Vinte entered into a strategic alliance through a co-investment agreement with OHL Desarrollos for the construction of approximately 3,600 homes over five years as part of the Ciudad Mayakoba project in Playa del Carmen, Quintana Roo. To carry out this project, Vinte and OHL Desarrollos established Business Trust No. CIB/2185 (Desarrollo OV Trust), which serves as the execution vehicle for the real estate development; each party initially held 50% of the trust rights. On October 17, 2019, Vinte acquired an additional 25% of Business Trust No. CIB/2185 (“Jardines de Ciudad Mayakoba”) from OHLDM, S.A. de C.V. (“Grupo OHL”), thereby increasing its ownership to 75% of the trust rights.
