| Nanguo Investment Shares Co., Limited | Private company limited by shares | Live |
| NANGUO KNITTING CO., LIMITED | Private company limited by shares | Live |
| SHENZHEN NANGUO HONGDOU FINERY LIMITED | Private company limited by shares | Live |
| Nanguo Group (Hong Kong) Holdings Limited | | Live |
| HONGKONG NANGUO LIBANG PAINT LIMITED | Private company limited by shares | Live |
| NANGUO GROUP (INTERNATIONAL) DEVELOPMENT LIMITED | Private company limited by shares | Live |
| NANGUO FASHION TRADEMARK LEAGUE ORGANIZATION LIMITED | Private company limited by shares | Dissolved |
| HK NANGUOFENG LIMITED | Private company limited by shares | Live |