| NIUBALUN (CHINA) LIMITED | Private company limited by shares | Live |
| NIUBALUN TRADING (HONG KONG) CO., LIMITED | Private company limited by shares | Live |
| USA NIUBALUN FASHION LIMITED | Private company limited by shares | Live |
| USA NIUBALUN DRESS GROUP HOLDING LIMITED | Private company limited by shares | Live |
| NIUBALUN (HK) CO., LIMITED | Private company limited by shares | Live |
| HONGKONG NIUBALUN INTERNATIONAL GROUP LIMITED | Private company limited by shares | Live |
| HONGKONG NIUBALUN SPORTING GOODS LIMITED | Private company limited by shares | Live |
| NIUBALUN SHOES INDUSTRY GROUP HOLDING LIMITED | Private company limited by shares | Live |
| USA NIUBALUN INDUSTRY TECHNOLOGY LIMITED | Private company limited by shares | Live |
| USA NIUBALUN (INTERNATIONAL) CO., LIMITED | Private company limited by shares | Dissolved |
| HK NIUBALUN (INTERNATIONAL) FASHION CO., LIMITED | Private company limited by shares | Live |
| Italy NiuBaLun (International) Limited | Private company limited by shares | Live Commenced dormancy on 26-Oct-2018 |
| NIUBALUN (AMERICA) INT'L HOLDING GROUP LIMITED | Private company limited by shares | Live |
| HK NIUBALUN SHARES LIMITED | Private company limited by shares | Live |
| NIUBALUN GUOCHAO PSPORTS SUPPLIES LIMITED | Private company limited by shares | Live |
| NIUBALUN XINBAILUN HOLDINGS LIMITED | Private company limited by shares | Live |