| Baiwan Ma Limited | | Live |
| BAIWAN CHARITY LIMITED | Company limited by guarantee | Live |
| Baiwan United E-Business Co., Limited | Private company limited by shares | Live |
| Baiwan Electronics Co., Limited | | Live |
| HK BAIWAN POWER TECHNOLOGY (HK) LIMITED | Private company limited by shares | Live |
| Iflight Baiwan Logistic Limited | Private company limited by shares | Live |
| BaiWang Hardware Electronics (Hong Kong) Trading Co., Limited | Private company limited by shares | Live |
| BAIWANG NEW ENERGY TECHNOLOGY LIMITED | Private company limited by shares | Live |
| BaiWangDa International Trade Co., Limited | | Live |
| Baiwangyun (Hong Kong) Technology Co., Limited | | Live |