| GUANGDONG-HONG KONG-MACAU BAOWANG TRADING COMPANY LIMITED | | Live |
| BAOWANG COSMETICS (HK) CO., LIMITED | Private company limited by shares | Live |
| HONGKONG BAOWANG LIMITED | Private company limited by shares | Live |
| BAOWANG INTERNATIONAL (GUANGZHOU) CHEMICAL LIMITED | Private company limited by shares | Live |
| BAOWANG INTERNATIONAL (HK) LIMITED | Private company limited by shares | Live |
| BAOWANG TRADE LIMITED | Private company limited by shares | Live |
| HK BAOWANG TRADING LIMITED | Private company limited by shares | Live |
| BAOWANGXING HOLDING (HONGKONG) LIMITED | Private company limited by shares | Live |
| BAOWANGXING TRADE LIMITED | Private company limited by shares | Live |