NAM TAI ELECTRONICS, INC. or NTEI, was founded in 1975, and reincorporated as a limited liability International Business Company under the laws of the British Virgin Islands in August 1987, and is a holding company for the subsidiaries shown in the chart above and discussed below. As of April 2014, the Company changed its name to NAM TAI PROPERTY INC. (NYSE: NTP), signifying the transformation to property development and management. NAM TAI ELECTRONIC & ELECTRICAL PRODUCTS LIMITED or NTEEP was incorporated and registered as an exempted company with limited liability in the Cayman Islands in June 2003. The shares of the company were listed on the Main Board of The Stock Exchange of Hong Kong Limited from April 2004 to November 2009, when the company was delisted. The company is an investment holding company.