| AXEL LIMITED | Private company limited by shares | Dissolved |
| AXEL HK LIMITED | Private company limited by shares | Live |
| AXEL ARIGATO COMPANY LIMITED | Private company limited by shares | Live |
| Axel Consultancy Limited | Private company limited by shares | Live |
| Axel Private Market Limited | | Live |
| MICHEL AXEL LIMITED | Private company limited by shares | Dissolved |
| MICHEL AXEL X. LIMITED | Private company limited by shares | Dissolved |
| AXEL SOLUTIONS HK LIMITED | Private company limited by shares | Dissolved |
| AXEL TEXTILES LIMITED | Private company limited by shares | Live |
| AXELCO LIMITED | Private company limited by shares | Live |
| AXELCROFT LIMITED | Private company limited by shares | Dissolved |
| AXELE LIMITED | | Live |
| Axelera Limited | Private company limited by shares | Live |
| AXELINX CO., LIMITED | Private company limited by shares | Live |
| AXELL TECH CO., LIMITED | Private company limited by shares | Live |
| GREAT AXELLENCE COMPANY LIMITED | Private company limited by shares | Live |
| Axellence International Limited | Private company limited by shares | Live |
| AXELLERATE HONGKONG LIMITED | Private company limited by shares | Live |
| AXELROD CHARTERING CO., LIMITED | Private company limited by shares | Live |
| AXELSON COMPANY LIMITED | Private company limited by shares | Dissolved |
| AXELTECH TRADING COMPANY LIMITED | Private company limited by shares | Live |