| HENGBAO DRAGON LIMITED | Private company limited by shares | Live |
| BAISE HENGBAO ELECTRICAL MACHINERY GROUP LIMITED | Private company limited by shares | Dissolved |
| HONG KONG HENGBAO CO., LIMITED | Private company limited by shares | Dissolved |
| HONG KONG HENGBAO INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| HENGBAO CAPITAL MANAGEMENT LIMITED | Private company limited by shares | Live |
| HengBao Plastic Products Limited | Private company limited by shares | Live |
| China Hengbao International Trade Co., Limited | | Live |
| HENGBAO TRADING (CHINA) LIMITED | Private company limited by shares | Dissolved |
| HENGBAOHUI CO., LIMITED | Private company limited by shares | Live |
| HENGBAOHUI TRADE CO., LIMITED | Private company limited by shares | Live |
| HK HENGBAOLITONG TRADING LIMITED | Private company limited by shares | Live |