| Lingyu Limited | | Live |
| GERMANY LINGYU COSMETIC (HONG KONG) LIMITED | Private company limited by shares | Live |
| LINGYU TRADE LIMITED | | Live |
| GUANGZHOU LINGYUAN IMPORT & EXPORT TRADING CO., LIMITED | Private company limited by shares | Dissolved |
| SHANGHAI LINGYUAN ELECTROMECHANICAL LABOR TRADE LIMITED | Private company limited by shares | Dissolved |
| LINGYUAN (SH) E&M TECH LIMITED | Private company limited by shares | Dissolved |
| LINGYUE LIMITED | Private company limited by shares | Live |
| Lingyue Innovations Limited | Private company limited by shares | Live |
| LINGYUELAI CO., LIMITED | Private company limited by shares | Live |
| LINGYUMOC INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| HK LingYun Limited | | Live |
| Beishan Lingyun Co., Limited | | Live |
| RIZHAO LINGYUNHAI SUGAR GROUP CO., LIMITED | Private company limited by shares | Live |
| LINGYUNHAI SUGAR GROUP LIMITED | Private company limited by shares | Live |
| LINGYUNKE TRADE LIMITED | Private company limited by shares | Live |
| LINGYUNLONG (HK) INDUSTRIAL CO., LIMITED | Private company limited by shares | Dissolved |
| LINGYUNZHI INTERNATIONAL LIMITED | | Live |