| IPON TECHNOLOGY CO., LIMITED | Private company limited by shares | Dissolved |
| IPON FIREWORKS CO. LIMITED | Private company limited by shares | Live |
| HONG KONG IPON INVESTMENT CO., LIMITED | Private company limited by shares | Live |
| IPON HONG KONG INDUSTRIAL LIMITED | Private company limited by shares | Live |
| CHANGZHOU IPONE LIMITED | Private company limited by shares | Live |
| CHANGZHOU IPONE MACHINERY CO., LIMITED | Private company limited by shares | Live |
| CHANGZHOU IPONE MACHINERY CO., LIMITED | Private company limited by shares | Live |
| Changzhou ipone technology Co., Limited | | Live |
| IPONET COMPANY LIMITED | Private company limited by shares | Dissolved |