| SHANGHAI AISHIDE GUANYE TECHNOLOGY CO., LIMITED | Private company limited by shares | Live |
| BEIJING HUAXIA JINNIU GUANYE CO., LIMITED | Private company limited by shares | Live |
| BEIJING HUAXIA JINDE GUANYE LIMITED | Private company limited by shares | Live |
| BEIJING COMPASS GUANYE (GROUP) TECHNOLOGY LIMITED | Private company limited by shares | Dissolved |
| MEIBIAO GUANYE (CHINA) LIMITED | Private company limited by shares | Live |
| GUANYE ELECTRONICS (HK) LIMITED | Private company limited by shares | Dissolved |
| HANGZHOU RIFENG (CHINA) GUANYE LIMITED | Private company limited by shares | Dissolved |
| HANGZHOU HENGJIE GUANYE CO., LIMITED | Private company limited by shares | Live |
| HANGZHOU PINGAN GUANYE LIMITED | Private company limited by shares | Live |
| GUANYE (HONG KONG) WIRE COMPANY LIMITED | Private company limited by shares | Dissolved |
| HK HUANGMING PLASTIC GUANYE LIMITED | Private company limited by shares | Dissolved |
| HUZHOU JIUMU GUANYE LIMITED | Private company limited by shares | Live |
| JIANGSU JIUMU GUANYE CO., LIMITED | Private company limited by shares | Live |
| GERMANY JINNIULING GUANYE LIMITED | Private company limited by shares | Live |
| FUJIAN JIUMU GUANYE CO., LIMITED | Private company limited by shares | Live |
| GUANYE PAPER PRODUCTS CO., LIMITED | Private company limited by shares | Dissolved |
| Shandong MuLinSen Guanye Limited | Private company limited by shares | Live |
| SHANGHAI HENGDA GUANYE CO., LIMITED | Private company limited by shares | Live |
| SHANGHAI HONGHAO GUANYE CO., LIMITED | Private company limited by shares | Live |
| Shanghai Hengxu Guanye Limited | Private company limited by shares | Live |
| Shanghai Shuangjia Guanye Limited | Private company limited by shares | Live |
| JIUMUWANG GUANYE SHANGHAI TECHNOLOGY LIMITED | Private company limited by shares | Live |
| ZHEJIANG ZHONGSU GUANYE TECHNOLOGY CO., LIMITED | Private company limited by shares | Live |
| HK WEIXING GUANYE LIMITED | Private company limited by shares | Dissolved |
| ZHEJIANG XIAOJUN GUANYE CO., LIMITED | Private company limited by shares | Dissolved |
| SHANGHAI YIJIA RIFENG GUANYE LIMITED | Private company limited by shares | Dissolved |
| ZHEJIANG YUHAO GUANYE LIMITED | Private company limited by shares | Live |