| KAIYANG LIMITED | | Live |
| KAIYANG INTERNATIONAL CO., LIMITED | Private company limited by shares | Live |
| HK KAIYANG ELECTRONIC LIMITED | Private company limited by shares | Live |
| KAIYANG ENERGY LIMITED | Private company limited by shares | Live |
| Kaiyang Engineering Machinery Intl Limited | Private company limited by shares | Live |
| CHINA KAIYANG IMPORT & EXPORT LIMITED | Private company limited by shares | Dissolved |
| Kaiyang Import & Export Co., Limited | | Live |
| Hong Kong Kaiyang trading Co., Limited | Private company limited by shares | Live |
| KAIYANG HONGKONG LIMITED | | Live |
| KAIYANG INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| HK KAIYANG (INTERNATIONAL) WOOD INDUSTRY LIMITED | Private company limited by shares | Live |
| KAIYANG LIGHTING LIMITED | Private company limited by shares | Live |
| KAIYANG MATERIAL LIMITED | Private company limited by shares | Live |
| HK KAIYANG MEDICAL LIMITED | Private company limited by shares | Live |
| Guangdong Kaiyang Medical Technology Co., Limited | Private company limited by shares | Live |
| KAIYANG MEDICAL TECHNOLOGY CO., LIMITED | Private company limited by shares | Dissolved |
| KAIYANG STAR SHIP LIMITED | Private company limited by shares | Live |
| KAIYANG TECHNOLOGY LIMITED | Private company limited by shares | Live |
| SHENZHEN KAIYANG TECHNOLOGY LIMITED | | Live |
| KAIYANG TRADING LIMITED | Private company limited by shares | Live |
| SHANTOU KAIYANG UNDERWEAR LIMITED | Private company limited by shares | Live |