| Baogang Industry Group (China) Co., Limited | Private company limited by shares | Live |
| BAOGANG AIR CONDITIONER (CHINA) LIMITED | Private company limited by shares | Live |
| BAOGANG AIR CONDITIONER (CHINA) LIMITED | Private company limited by shares | Live |
| BAOGANG GROUP LIMITED | | Live |
| BAOGANG (HK) TRADINGS LIMITED | Private company limited by shares | Dissolved |
| HONG KONG BAOGANG CO., LIMITED | Private company limited by shares | Live |
| HK BAOGANG INTERNATIONAL HOLDING LIMITED | Private company limited by shares | Live |
| BAOGANG INTERNATIONAL INDUSTRIAL LIMITED | Private company limited by shares | Live |
| BAOGANG INTERNATIONAL LOGISTICS CO., LIMITED | | Live |
| BAOGANG INTERNATIONAL TRADING LIMITED | Private company limited by shares | Live |
| BAOGANG ZHAN BO INTERNATIONAL TRADE LIMITED | Private company limited by shares | Live |
| SHANGHAI BAOGANG PUMP LIMITED | Private company limited by shares | Live |