| SHENGMAO LIMITED | Private company limited by shares | Live |
| CHINA SHENGMAO CHEMICAL CO., LIMITED | Private company limited by shares | Live |
| SHENGMAO TECHNOLOGY (HONG KONG) CO., LIMITED | Private company limited by shares | Live |
| Hong Kong Shengmao Trading Co., Limited | Private company limited by shares | Live |
| SHENGMAO TRADE CO., LIMITED | Private company limited by shares | Live |
| SHENGMAO ELECTRONIC LIMITED | | Live |
| China Shengmao Group Co., Limited | Private company limited by shares | Live |
| SHENG-MAO HOLDING GROUP LIMITED | Private company limited by shares | Live |
| Shengmao International Trade (Hong Kong) Co., Limited | | Live |
| Hong Kong Shengmao Global Trading Limited | | Live |
| YIWU SHENGMAO IMPORT AND EXPORT CO., LIMITED | | Live |
| SHENGMAO INDUSTRY CO., LIMITED | Private company limited by shares | Live |
| NINGXIA SHENGMAO INTERNATIONAL TRADE CO., LIMITED | Private company limited by shares | Live |
| SHENGMAO INTERNATIONAL TRADING CO., LIMITED | Private company limited by shares | Dissolved |
| SHENGMAO INT'L GROUP CO., LIMITED | Private company limited by shares | Dissolved |
| SHENGMAO INT'L TRADING CO., LIMITED | Private company limited by shares | Live |
| SHENGMAO SHIPPING MATERIAL SUPPLY CO., LIMITED | Private company limited by shares | Live |
| SHENGMAO MEDICAL INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |
| HK SHENGMAO SHIPPING SERVICE LIMITED | Private company limited by shares | Dissolved |
| SHANDONG SHENGMAO TYRE CO., LIMITED | Private company limited by shares | Live |
| SHENGMAO ELECTRONIC TECHNOLOGY LIMITED | Private company limited by shares | Live |
| Huaxin Shengmao Technology Limited | | Live |
| Shengmao Trade Limited | | Live |
| SHENGMAO TRADING LIMITED | Private company limited by shares | Live |
| SHENGMAOHONG INDUSTRIAL CO., LIMITED | Private company limited by shares | Live |