| MADON LIMITED | Private company limited by shares | Dissolved |
| Madon Limited | Private company limited by shares | Live |
| GUANGZHOU ROYAL MADONA FASHION LIMITED | Private company limited by shares | Dissolved |
| MADONNA LIMITED | Private company limited by shares | Dissolved |
| MADONNA INTERNATIONAL (USA) CO., LIMITED | Private company limited by shares | Live |
| MADONNA COSMETIC INTERNATIONAL CO. LIMITED | Private company limited by shares | Dissolved |
| Madonna International Company Limited | Private company limited by shares | Live |
| Lily Madonna Limited | Private company limited by shares | Live |
| MADONNA LILY INT'L (HK) COSMETIC LIMITED | Private company limited by shares | Live |