| BAONA BEAUTY COSMETIC LIMITED | Private company limited by shares | Live |
| BAONAN LIMITED | Private company limited by shares | Live |
| BAONAN METAL & PLASTIC LIMITED | Private company limited by shares | Live |
| BAONE ELECTRONIC TECHNOLOGY LIMITED | Private company limited by shares | Live |
| BAONE TRADE LIMITED | | Live |
| HK BAONENG TRADE CO., LIMITED | Private company limited by shares | Live |
| BAONENG HOLDING (GROUP) LIMITED | Private company limited by shares | Live |
| FRANCE BAONIDIAO CLOTHING LIMITED | Private company limited by shares | Live |
| HK BAONIERKANG MATTRESS LIMITED | Private company limited by shares | Dissolved |
| HK BAONIHUAFEI DRESS LIMITED | Private company limited by shares | Dissolved |
| TAIZHOU BAONLAI MACHINERY CO., LIMITED | Private company limited by shares | Live |
| BAONOR INDUSTRIAL CO., LIMITED | Private company limited by shares | Dissolved |
| HK BAONU XIONGDI CATERING MANAGEMENT CO., LIMITED | Private company limited by shares | Live |