| AXCEL COMPANY LIMITED | Private company limited by shares | Dissolved |
| Axcel Consulting Co., Limited | Private company limited by shares | Live |
| AXCEL ELECTRONICS ASIA LIMITED | Private company limited by shares | Live |
| AXCEL (HK) TECHNOLOGY LIMITED | Private company limited by shares | Live |
| AXCEL INTERNATIONAL LIMITED | Private company limited by shares | Live |
| Axcel Pharmaceuticals Holding Limited | | Live |
| Tricor Axcel Limited | Private company limited by shares | Live |
| AXCELERASIAN LIMITED | Private company limited by shares | Dissolved |
| Axcelgen Biotech Limited | Private company limited by shares | Live |
| Axcelle Co., Limited | Private company limited by shares | Live |
| Axcellence Limited | Private company limited by shares | Live |
| Axcellent Limited | Private company limited by shares | Live |
| Axcelon Tech Limited | Private company limited by shares | Live |