| ITALY RED DRAGONFLY (INT'LGROUP) HK SHOES CLOTHING LIMITED | Private company limited by shares | Dissolved |
| ITALY DRAGONFLY SHOES AND CLOTHING INTERNATIONAL LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY SHOES AND CLOTHING CO., LIMITED | Private company limited by shares | Live |
| FRANCE RED DRAGONFLY SHOES AND CLOTHING (HOLDING) LIMITED | Private company limited by shares | Dissolved |
| Big Dragonfly Co., Limited | Private company limited by shares | Live |
| China Kuangshan Dragonfly International Crane Co., Limited | Private company limited by shares | Live |
| DRAGONFLY COMMUNICATION CO., LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY (SHENZHEN) FINERY CO., LIMITED | Private company limited by shares | Live |
| Dragonfly Holding Co., Limited | | Live |
| HONGKONG CADI RED DRAGONFLY INT'L GROUP S&C CO., LIMITED | Private company limited by shares | Dissolved |
| HONGKONG HONOR RED DRAGONFLY INT'L GROUP S&C CO., LIMITED | Private company limited by shares | Dissolved |
| HONGKONG KADY RED DRAGONFLY INT'L GROUP S&C CO., LIMITED | Private company limited by shares | Dissolved |
| PRETTY DRAGONFLY CO., LIMITED | Private company limited by shares | Live |
| CENTURY RED DRAGONFLY SHOES CO., LIMITED | Private company limited by shares | Live |
| FRANCE RED DRAGONFLY INTERNATIONAL SHOES INDUSTRY (H K) CO., LIMITED | Private company limited by shares | Dissolved |
| HK FREE RED DRAGONFLY INT'L GROUP SHOES CO., LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY COMMUNICATION SUPPLIES CO., LIMITED | Private company limited by shares | Live |
| HK COLORIZED DRAGONFLY INT'L FINERY INDUSTRIAL LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY PSYCHOLOGICAL HEALTH & EDUCATION CONSULTING (HK) CO., LIMITED | Private company limited by shares | Live |
| Dragonfly Consulting Group Limited | Private company limited by shares | Live |
| Dragonfly Coorperation Limited | | Live |
| DRAGONFLY CORPORATION LIMITED | Private company limited by shares | Live |
| DragonFly Creative Limited | | Live |
| HK RED DRAGONFLY FINERY CULTURAL LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY HOME DECOR COMPANY LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY DENTAL LIMITED | Private company limited by shares | Live |
| Dragonfly Designs Limited | | Live |
| HK RED DRAGONFLY DRESS LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY GROUP DRESS CO., LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY GROUP DRESS CO., LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY DRESS INT'L GROUP LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY (HK) DRESS LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY DRESS (INT'L) LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY INT'L DRESS LIMITED | Private company limited by shares | Live |
| FRANCE RED DRAGONFLY INT'L DRESS LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY DRESS LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY SHOES & DRESS LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY SHOES & DRESS HOLDING LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY NOBLE DRESS LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY SHOE DRESS LIMITED | Private company limited by shares | Dissolved |
| KOR DRAGONFLY SHOES & DRESS LIMITED | Private company limited by shares | Dissolved |
| Dragonfly Ecommerce Limited | Private company limited by shares | Live |
| DRAGONFLY ENGINEERING LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY ENTERPRISE LIMITED | Private company limited by shares | Live |
| Red Dragonfly Entertainment Limited | Private company limited by shares | Dissolved |
| Dragonfly Entertainment Limited | Private company limited by shares | Live |
| ITALY RED DRAGONFLY FAPAI S&C CO., LIMITED | Private company limited by shares | Dissolved |
| H.K RED DRAGONFLY FASHION LIMITED | Private company limited by shares | Dissolved |
| RED DRAGONFLY FASHION LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY FASHION GROUP LIMITED | Private company limited by shares | Dissolved |
| HK Fashion Red Dragonfly (International) Holding Limited | | Live |
| DRAGONFLY (FRANCE) INT'L FASHION LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY SHOES & FASHION LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY FASHION (SHENZHEN) LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY FINANCE LIMITED | Private company limited by shares | Live |
| DRAGONFLY FINE WINE LIMITED | Private company limited by shares | Dissolved |
| FRANCH DRAGONFLY FOOTWEAR INDUSTRY (GROUP) LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY (INTERNATIONAL) GARMENTS LIMITED | Private company limited by shares | Live |
| Dragonfly Greens Limited | Private company limited by shares | Live |
| RED DRAGONFLY GROUP LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY GROUP LIMITED | Private company limited by shares | Live |
| DRAGONFLY GROUP LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY GROUP (CHINA) LIMITED | Private company limited by shares | Live |
| UK RED DRAGONFLY INTERNATIONAL GROUP CO., LIMITED | Private company limited by shares | Live |
| FRANCE RED DRAGONFLY GROUP LIMITED | Private company limited by shares | Dissolved |
| Dragonfly Group Auspicious Holding Limited | Private company limited by shares | Live |
| RED DRAGONFLY GROUP HONGKONG LIMITED | Private company limited by shares | Dissolved |
| USA RED DRAGONFLY INT'L GROUP LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY SHOES GROUP LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY SHOES GROUP LIMITED | Private company limited by shares | Live |
| FRANCE RED DRAGONFLY SHOES GROUP CO., LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY SHOES (GROUP) DEV. LIMITED | Private company limited by shares | Dissolved |
| USA DRAGONFLY INTERNATIONAL HOLDINGS GROUP SHOES AND CLOTHING LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY SHOES & CLOTHES INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY KNIGHT DRAGONFLY (H.K) INT'L GROUP SHOES INDUSTRY LIMITED | Private company limited by shares | Dissolved |
| U.S.A RED DRAGONFLY SHOES & CLOTHES INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| GUANGZHOU RED DRAGONFLY DRESS LIMITED | Private company limited by shares | Dissolved |
| GUANGZHOU RED DRAGONFLY GROUP FASHION LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY HELICOPTERS LIMITED -THE- | Private company limited by shares | Dissolved |
| DRAGONFLY INTERNATIONAL (HK) LIMITED | Private company limited by shares | Dissolved |
| SHENZHEN RED DRAGONFLY (HK) LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY HOLDING LIMITED | Private company limited by shares | Dissolved |
| Red Dragonfly (Hong Kong) Co., Limited | Private company limited by shares | Live |
| Hong Kong Red Dragonfly (International) SportsProducts Co., Limited | Private company limited by shares | Live |
| Hong Kong (Red Dragonfly) Joint Investment Co., Limited | | Live |
| HONG KONG BAMBOO DRAGONFLY CULTURE MEDIA CO., LIMITED | | Live |
| HONG KONG RED DRAGONFLY SHOES & GARMENT CO., LIMITED | Private company limited by shares | Dissolved |
| Hong Kong Red Dragonfly (International) Shoes & Clothing Holdings Co., Limited | | Live |
| HONG KONG RED DRAGONFLY (INTERNATIONAL) FAMILY SOFTGOODS HOLDINGS LIMITED | Private company limited by shares | Dissolved |
| HONG KONG FOUR SEASONS DRAGONFLY FASHION INTERNATIONAL CO., LIMITED | Private company limited by shares | Live |
| Hong Kong Fashion Dragonfly Shoes Clothing Group Co., Limited | Private company limited by shares | Live |
| HONG KONG RED DRAGONFLY XIONGCHI FASHION LIMITED | Private company limited by shares | Dissolved |
| Hong Kong Dragonfly International Group Co., Limited | Private company limited by shares | Live |
| Hong Kong Red Dragonfly Group (International) Co., Limited | | Live |
| Dragonfly Group (Hong Kong) Limited | Private company limited by shares | Live |
| HONG KONG YU CHENG DRAGONFLY INTERNATIONAL GROUP SHOES CO., LIMITED | Private company limited by shares | Dissolved |
| HONG KONG DRAGONFLY (GROUP) SHOES LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY (HONG KONG) GROUP SHOES LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY (HONG KONG) INDUSTRIAL LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY (HONG KONG) SHOE INDUSTRY LIMITED | Private company limited by shares | Dissolved |