| SHD2 LIMITED | Private company limited by shares | Live |
| HK SHDA TRADE LIMITED | Private company limited by shares | Live |
| GERMANY SHDE AUTOMOBILE PARTS LIMITED | Private company limited by shares | Dissolved |
| sh.DEV PHRBHA HOLDING LIMITED | Company limited by guarantee | Dissolved |
| SHD(HK) PET PRODUCTS CO., LIMITED | Private company limited by shares | Live |
| SHDM LIMITED | Private company limited by shares | Dissolved |
| SINO-PANEL (SHDP) LIMITED | Private company limited by shares | Dissolved |
| SHDS Transportation Limited | Private company limited by shares | Dissolved |
| SHDSHP TECHNOLOGY CO., LIMITED | | Live |
| SH'DX (HK) TRADE CO., LIMITED | Private company limited by shares | Dissolved |