| Bubugao Limited | Private company limited by shares | Live |
| BUBUGAO ELECTRICAL CO., LIMITED | Private company limited by shares | Dissolved |
| BUBUGAO GENERAL ELECTRICAL IMP. & EXP. DEV. LIMITED | Private company limited by shares | Dissolved |
| HONG KONG BUBUGAO SPORTS EQUIPMENT LIMITED | Private company limited by shares | Dissolved |
| HK BUBUGAO SPORTS GOODS GROUP LIMITED | Private company limited by shares | Dissolved |
| KOREA BUBUGAO SPORTS GOODS LIMITED | Private company limited by shares | Dissolved |
| HK BUBUGAO FURNITURE GROUP LIMITED | Private company limited by shares | Dissolved |
| BUBUGAO LIGHTING (HK) LIMITED | Private company limited by shares | Live |
| HONG KONG BUBUGAO HOLDINGS LIMITED | Private company limited by shares | Dissolved |
| BUBUGAO GROUP HOLDINGS (SHANGHAI) CO., LIMITED | Private company limited by shares | Dissolved |
| HONGKONG BUBUGAO GROUP LIMITED | Private company limited by shares | Dissolved |
| HONGKONG BUBUGAO INTERNATIONAL GROUP CO., LIMITED | Private company limited by shares | Live |
| BUBUGAO IMPORT AND EXPORT DEVELOPMENT LIMITED | Private company limited by shares | Dissolved |
| HONG KONG BUBUGAO INTERNATIONAL HOLDINGS LIMITED | Private company limited by shares | Dissolved |
| HK BUBUGAO SPORTS GOODS (INT'L) DEV. LIMITED | Private company limited by shares | Dissolved |
| KOREA BUBUGAO (INT'L) GROUP COMPANY LIMITED | Private company limited by shares | Dissolved |
| JAPAN BUBUGAO INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| KOREA BUBUGAO GROUP LIMITED | Private company limited by shares | Dissolved |
| HK BUBUGAO SANITARY INTERNATIONAL INDUSTRY LIMITED | Private company limited by shares | Live |
| BUBUGAO TECHNOLOGY LIMITED | Private company limited by shares | Dissolved |
| BUBUGAO ENGLISH EDUCATION & TRAINING HK CO., LIMITED | | Live |