| HANGAO CO., LIMITED | Private company limited by shares | Live |
| GERMANY HANGAO INT'L COSMETIC WASHING CO., LIMITED | Private company limited by shares | Dissolved |
| GERMANY HANGAO BAISHITE LIMITED | Private company limited by shares | Live |
| GERMANY HANGAO AIKA AUTOMOBILE GOODS (GROUP) LIMITED | Private company limited by shares | Live |
| GERMANY HANGAO (GROUP) ARUISI FINE CHEMICAL LIMITED | Private company limited by shares | Dissolved |
| GERMANY HANGAO BIOLOGIC INTERNATIONAL CHEMICAL GROUP LIMITED | Private company limited by shares | Dissolved |
| GERMANY HANGAO (CHINA) HOLDING INVESTMENT GROUP CO., LIMITED | Private company limited by shares | Live |
| GERMANY HANGAO COSMETICS (HK) INT'L GROUP LIMITED | Private company limited by shares | Live |
| HANGAOYANG INT'L (H.K.) LIMITED | Private company limited by shares | Live |