| QINYUE DIGITAL TECHNOLOGY LIMITED | Private company limited by shares | Live |
| QINYUE TRADING LIMITED | Private company limited by shares | Live |
| FUDAN QINYUN VENTURE LIMITED | Private company limited by shares | Live |
| SHUIMU QINYUN (KOREA) COMPANY LIMITED | Private company limited by shares | Live |
| Qinyun Sports Hk Trade Limited | Private company limited by shares | Live |
| QINYUN TRADING LIMITED | Private company limited by shares | Live |
| HONG KONG QINYURUN LIMITED | Private company limited by shares | Live |
| HK QINZHIFEI FINERY GROUP LIMITED | Private company limited by shares | Dissolved |
| QINZHIHONG TRADING LIMITED | | Live |
| HK QINZHUANG COSMETOLOGY INT'L GROUP LIMITED | Private company limited by shares | Dissolved |
| QINZUN INTERNATIONAL GROUP CO., LIMITED | Private company limited by shares | Dissolved |