| CHINA HENGZHI INTERNATIONAL HOLDINGS LIMITED | Private company limited by shares | Dissolved |
| HENGZHI INTERNATIONAL TRADING LIMITED | | Live |
| HK HENGZHI INT'L INVESTMENT HOLDING GROUP LIMITED | Private company limited by shares | Live |
| HENGZHIBAO CHINA INDUSTRIAL CO., LIMITED | Private company limited by shares | Dissolved |
| SHANGHAI HENGZHIXING AUTO PARTS LIMITED | Private company limited by shares | Dissolved |
| HK HENGZHIXING CULTURE MEDIA LIMITED | Private company limited by shares | Live |
| HK HENGZHIXING TRADE LIMITED | Private company limited by shares | Live |
| Hengzhong HK Limited | | Live |
| China Hengzhong Group Limited | Private company limited by shares | Live |
| HENGZHONG SHIPPING CO., LIMITED | Private company limited by shares | Live |
| China HengZhong Education Group Limited | Private company limited by shares | Live |
| HENGZHONG TRADING CO., LIMITED | Private company limited by shares | Live |
| HENGZHONG INTERNATIONAL TRADING (HK) LIMITED | Private company limited by shares | Live |
| HENGZHOU LIMITED | | Live |
| HengZhuo Toys Company Limited | Private company limited by shares | Live |