| 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 |
| HONG KONG DRAGONFLY JEWELRY LIMITED | Private company limited by shares | Live |
| HONG KONG RED DRAGONFLY JIAXIU GROUP LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY HONG KONG LIMITED | Private company limited by shares | Dissolved |
| Dragonfly Hong Kong Limited | Private company limited by shares | Live |
| Hong Kong Red Dragonfly Brand Management (Group) Co., Limited | Private company limited by shares | Live |
| Dragonfly Management Hong Kong Limited | Private company limited by shares | Live |
| HONG KONG RED DRAGONFLY SHARES LIMITED | Private company limited by shares | Dissolved |
| HONG KONG RED DRAGONFLY SHOES & CLOTHING INTERNATIONAL LIMITED | Private company limited by shares | Live |
| HONG KONG RED DRAGONFLY SPORTS COMPANY LIMITED | Private company limited by shares | Dissolved |
| RED DRAGONFLY INTERNATIONAL HONGKONG LIMITED | Private company limited by shares | Live |
| ITALY HUALONG RED DRAGONFLY LIMITED | Private company limited by shares | Dissolved |
| DRAGONFLY IMMIGRATION CONSULTANT LIMITED | Private company limited by shares | Dissolved |
| TAI WAN RED DRAGONFLY INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| DRAGONFLY INDUSTRIAL (HK) CO., LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY DRESS GROUP INDUSTRIAL LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY INDUSTRIAL (GROUP) LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY BOLD INT'L GROUP INDUSTRIAL LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY SHOE INDUSTRIAL LIMITED | Private company limited by shares | Live |
| CHINA RED DRAGONFLY SHOE INDUSTRY STOCK LIMITED | Private company limited by shares | Live |
| HK RED DRAGONFLY SHOES AND CLOTHING (GROUP) INDUSTRY LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY SHOES INDUSTRY (H.K) CO., LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY INDUSTRY DRESS LIMITED | Private company limited by shares | Dissolved |
| H.K RED DRAGONFLY SHOES INDUSTRY GROUP LIMITED | Private company limited by shares | Dissolved |
| RED DRAGONFLY INT'L SHOES INDUSTRY (HONGKONG) LIMITED | Private company limited by shares | Live |
| USA RED DRAGONFLY (HK) INT'L INDUSTRY LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY INT'L SHOES INDUSTRY LIMITED | Private company limited by shares | Live |
| HK DRAGONFLY SHOES INDUSTRY TRADE LIMITED | Private company limited by shares | Live |
| Dragonfly Initiative Limited | Private company limited by shares | Live |
| DRAGONFLY INTERNATIONAL LIMITED | Private company limited by shares | Dissolved |
| Red DragonFly International Limited | Private company limited by shares | Live |
| DRAGONFLY INTERNATIONAL LIMITED | Private company limited by shares | Live |
| USA RED DRAGONFLY INT'L LIMITED | Private company limited by shares | Dissolved |
| FRANCE DREAM DRAGONFLY INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY DRESS INT'L LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY (HK) INT'L GARMENTS LIMITED | Private company limited by shares | Dissolved |
| FRANCE RED DRAGONFLY GROUP (HK) INT'L LIMITED | Private company limited by shares | Dissolved |
| U.S.A RED DRAGONFLY (H.K) INT'L HOLDING LIMITED | Private company limited by shares | Dissolved |
| ITALY DANNU RED DRAGONFLY INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY SHOES AND CLOTHES INT'L COMPANY LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY SHOES & DRESS INV. DEVELOP LIMITED | Private company limited by shares | Live |
| HK DRAGONFLY INVESTMENT LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY LIMITED | Private company limited by shares | Dissolved |
| ITALY BASHAN RED DRAGONFLY (HK) INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY CHINA & HK INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| DILUN RED DRAGONFLY (ITALY) LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY INTERNATIONAL GROUP LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY STOCK GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY BAISHI DRAGONFLY (HK) INDUSTRY CO., LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY SHOE INDUSTRY INTERNATIONAL GROUP LIMITED | Private company limited by shares | Live |
| ITALY JIXIANG RED DRAGONFLY SHOES CO., LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY SHOES & GARMENTS CO., LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY SHOES GROUP LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY INTERNATIONAL GROUP SHOES COMPANY LIMITED | Private company limited by shares | Live |
| ITALY DRAGONFLY SHOES INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY JINSHAN DRAGONFLY SHOES INDUSTRY INTERNATIONAL GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY (H.K) GROUP SHOES INDUSTRY LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY SHOES & CLOTHES INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY SHOES & CLOTHES INT'L GROUP LIMITED | Private company limited by shares | Live |
| ITALY RED DRAGONFLY (HONGKONG) INT'L SHOES INDUSTRY CO., LIMITED | Private company limited by shares | Dissolved |
| ITALY RED DRAGONFLY INTERNATIONAL TRAPPINGS CO., LIMITED | Private company limited by shares | Live |
| ITALY IVORY DRAGONFLY SHOES INDUSTRY INT'L LIMITED | Private company limited by shares | Dissolved |
| J DRAGONFLY JEWELLERY LIMITED | Private company limited by shares | Dissolved |
| HK RED DRAGONFLY KNITTING LIMITED | Private company limited by shares | Dissolved |
| KOREA RED DRAGONFLY SHOES CO., LIMITED | Private company limited by shares | Dissolved |
| KOREA RED DRAGONFLY INTERNATIONAL SHOES & DRESS LIMITED | Private company limited by shares | Dissolved |
| KOREA RED DRAGONFLY GROUP LIMITED | Private company limited by shares | Dissolved |
| KOREA BLACK DRAGONFLY INTERNATIONAL FASHION GROUP LIMITED | Private company limited by shares | Dissolved |
| Little Dragonfly International (Hong Kong) Co., Limited | Private company limited by shares | Live |
| Little Dragonfly Technology Co., Limited | Private company limited by shares | Live |
| DRAGONFLY INVESTMENT MANAGEMENT CO., LIMITED | Private company limited by shares | Live |
| RED DRAGONFLY RESTAURANT MANAGEMENT LIMITED | Private company limited by shares | Live |
| Dragonfly Manufacturing Limited | Private company limited by shares | Live |
| Red Dragonfly Web Media Limited | Private company limited by shares | Dissolved |
| DRAGONFLY CULTURE MEDIA LIMITED | Private company limited by shares | Live |
| DRAGONFLY PICTURES & MUSIC CO., LIMITED | Private company limited by shares | Live |
| Red Dragonfly Network Limited | Private company limited by shares | Live |
| DRAGONFLY OUTDOOR NON-PROFIT LIMITED | Company limited by guarantee | Live |
| ITALY RED DRAGONFLY (OASIS) SHOES INDUSTRY LIMITED | Private company limited by shares | Dissolved |
| Dragonfly Overseas Trade Limited | | Live |
| DRAGONFLY AGENCIES ASIA PACIFIC LIMITED | Private company limited by shares | Dissolved |