| SZ MSHINE LIMITED | Private company limited by shares | Live |
| M-SHINE COSMETICS CO., LIMITED | Private company limited by shares | Live |
| MSHINE GROUP CO., LIMITED | Private company limited by shares | Live |
| CHINA MSHINE GROUP LIMITED | Private company limited by shares | Live |
| M-SHINE TECH (HK) LIMITED | Private company limited by shares | Dissolved |
| HONGKONG M-SHINE LIGHTING CO., LIMITED | Private company limited by shares | Live |
| M'Shine Industrial Co., Limited | Private company limited by shares | Live |
| M-SHINE INDUSTRY LIMITED | Private company limited by shares | Dissolved |
| MSHINE INTERNATIONAL LIMITED | Private company limited by shares | Dissolved |
| HK M.SHINE INVESTMENT LIMITED | Private company limited by shares | Live |
| M-shine Movies (Asia) Limited | Private company limited by shares | Live |
| HK MSHINE ELECTRONIC TRADING CO., LIMITED | Private company limited by shares | Live |