| MA ZHANHUA TRADE CO., LIMITED | Private company limited by shares | Live |
| HK ZHANHUA GROUP LIMITED | | Live |
| ZHANHUA GLASSES INDUSTRIAL (H,K) CO., LIMITED | Private company limited by shares | Live |
| HONGKONG ZHANHUA GROUP CO., LIMITED | Private company limited by shares | Live |
| HK ZHANHUA INDUSTRY CO., LIMITED | Private company limited by shares | Live |
| Zhanhua International Education Group Co., Limited | Private company limited by shares | Live |
| ZHANHUA INT'L (HK) TECHNOLOGY LIMITED | Private company limited by shares | Live |
| Kaiyuan Zhanhua (Hong Kong) Company Limited | Private company limited by shares | Live |
| Xiaopeng Zhanhua Company Limited | | Live |