| Baoshen International (Changzhou) Co., Limited | Private company limited by shares | Dissolved |
| CHINA BAOSHEN INVESTMENT GROUP CO., LIMITED | Private company limited by shares | Dissolved |
| Baoshen International Co., Limited | | Live |
| SHAANXI BAOSHEN MACHINERY CO., LIMITED | Private company limited by shares | Live |
| BAOSHEN (HK) LIMITED | Private company limited by shares | Live |
| HK BAOSHEN INDUSTRY LIMITED | Private company limited by shares | Live |
| BAOSHENG LIMITED | Private company limited by shares | Dissolved |
| Baosheng Company Limited | | Live |
| Baosheng Enterprise Limited | Private company limited by shares | Live |
| HK BAOSHENGDA TRADE LIMITED | Private company limited by shares | Live |
| BAOSHENGDA INDUSTRY AND TRADING LIMITED | | Live |
| HK BAOSHENGLI TRADE CO., LIMITED | | Live |
| JAPANESE BAOSHENGTANG INTERNATIONAL BEAUTY CO., LIMITED | Private company limited by shares | Dissolved |
| Hong Kong baoshengtang Health Technology Co., Limited | Private company limited by shares | Live |
| HONG KONG BAOSHENGTANG GROUP CO., LIMITED | Private company limited by shares | Live |
| HK BAOSHENGYI (INT'L) CO., LIMITED | Private company limited by shares | Live |