| PINGGUANG LIMITED | Private company limited by shares | Live |
| Pingguo Asia Aluminium Co., Limited | Private company limited by shares | Dissolved |
| HK GUANGXI PINGGUO ALUMINUM LIMITED | Private company limited by shares | Live |
| PINGGUO FUSHENG NEW MATERIAL TECHNOLOGY CO., LIMITED | | Live |
| PINGGUO TECHNOLOGY CO., LIMITED | Private company limited by shares | Live |
| USA PINGGUO TYRE TECHNOLOGY CO., LIMITED | Private company limited by shares | Live |
| AMERICA PINGGUO GROUP DEVELOPMENT LIMITED | Private company limited by shares | Dissolved |
| AMERICAN PINGGUO CLOTHING (OVERSEAS) DEVELOPMENT LIMITED | Private company limited by shares | Live |
| USA PINGGUO DRESS LIMITED | Private company limited by shares | Live |
| HK PINGGUO ELECTRIC LIMITED | Private company limited by shares | Dissolved |
| AMERICA NEW FACTIONS PINGGUO GROUP LIMITED | Private company limited by shares | Dissolved |
| USA PINGGUO FASHION LIMITED | Private company limited by shares | Dissolved |
| HK HONGXING PINGGUO FASHION LIMITED | Private company limited by shares | Live |
| AMERICA PINGGUO FASHION GROUP INT'L LIMITED | Private company limited by shares | Dissolved |
| ITALY PINGGUO GROUP CO., LIMITED | Private company limited by shares | Live |
| AMERICA CENTURY PINGGUO (HK) FASHION LIMITED | Private company limited by shares | Dissolved |
| ITALY HONG PINGGUO MANUFACTURING LIMITED | Private company limited by shares | Live |
| PINGGUO HONGKONG INTERNATIONAL CO., LIMITED | Private company limited by shares | Live |
| HONGKONG PINGGUO JIASHENG DRESS LIMITED | Private company limited by shares | Live |
| Pingguo New Material (HongKong) Co., Limited | Private company limited by shares | Live |
| HONGKONG PINGGUO TECHNOLOGY LIMITED | Private company limited by shares | Live |
| YINGHUANG PINGGUO (HONGKONG) LIMITED | Private company limited by shares | Live |
| USA PINGGUO INTERNATIONAL CO., LIMITED | | Live |
| FRANCE PINGGUO DIJIALONG (INTERNATIONAL) FASHION LIMITED | Private company limited by shares | Dissolved |
| USA LESHI PINGGUO (INTERNATIONAL) FINERY LIMITED | Private company limited by shares | Dissolved |
| USA LIANBANG PINGGUO INTERNATIONAL GROUP LIMITED | Private company limited by shares | Live |
| AMERICA PINGGUO INT'L GROUP HOLDINGS LIMITED | Private company limited by shares | Live |
| AMERICA PINGGUO LIYUAN (INT'L) GROUP LIMITED | Private company limited by shares | Dissolved |
| PINGGUO FINGERPRINT LOCK CHINA CO., LIMITED | Private company limited by shares | Live |
| USA PINGGUO PAINT GROUP LIMITED | Private company limited by shares | Dissolved |
| PINGGUO LEJIA SANITARY SHARES LIMITED | Private company limited by shares | Dissolved |