| Shenbao Bicycle Co., Limited | Private company limited by shares | Live |
| SHENBAO TRADE CO., LIMITED | Private company limited by shares | Dissolved |
| SHENBAO GREEN SUPPLY CHAIN LIMITED | Private company limited by shares | Live |
| SHENBAO INT'L HOLDING LIMITED | Private company limited by shares | Live |
| CHINA SHENBAO INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| SHENZHEN SHENBAO INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| SHENBAO INTERNATIONAL LIMITED | Private company limited by shares | Live |
| SHENBAO GANGSHEN INT'L LIMITED | Private company limited by shares | Live |
| SHENBAO TECH LIMITED | Private company limited by shares | Live |
| SHENBAO TECHNOLOGY INTERNATIONAL LIMITED | Private company limited by shares | Live |
| HK SHENBAO TRADE LIMITED | Private company limited by shares | Live |
| SHENBAOFA COMPANY LIMITED | Private company limited by shares | Live |
| SHENBAOLI TECHNOLOGY LIMITED | Private company limited by shares | Live |