| FAT LEE GYPSUM COMPANY LIMITED | Private company limited by shares | Dissolved |
| GYPSUM LIMITED | Private company limited by shares | Dissolved |
| RU TAI GYPSUM ENG LIMITED | | Live |
| ASIA GYPSUM COMPANY LIMITED | Private company limited by shares | Live |
| Pingyi County Lugang Gypsum Products Co., Limited | Private company limited by shares | Live |
| CHINA HUA-LONG COMPREHENSIVE UTILIZATION OF GYPSUM CO., LIMITED | Private company limited by shares | Live |
| Gypsum French Limited | Private company limited by shares | Live |
| SIMPLEX GYPSUM PRODUCTS, LIMITED | Private company limited by shares | Dissolved |
| UNITED STARS GYPSUM (CHINA) LIMITED | | Live |