| PANZ GROUP INTERNATIONAL CO., LIMITED | Private company limited by shares | Dissolved |
| SHANGHAI PANZ SHIPPING CO., LIMITED | Private company limited by shares | Live |
| PANZ TRADING COMPANY LIMITED | Private company limited by shares | Live |
| PANZ TUTORING LIMITED | Private company limited by shares | Live |
| Panzaga Limited | | Live |
| Panzano Dreams Limited | Private company limited by shares | Live |
| Panzdf Limited | Private company limited by shares | Live |
| PanzerGlass Limited | Private company limited by shares | Live |
| PANZER-IT LIMITED | Private company limited by shares | Live |
| PANZERS TECHNOLOGY CO., LIMITED | Private company limited by shares | Live |
| PANZEX (HK) LIMITED | Private company limited by shares | Dissolved |
| PANZEX MARKETING LIMITED | Private company limited by shares | Dissolved |
| PANZHOU LIMITED | Private company limited by shares | Live |
| PANZORA COLLECTIBLIES HK COMPANY LIMITED | Private company limited by shares | Live |
| Panzura Hong Kong Limited | Private company limited by shares | Live |