| Integrated Precision Engineering (Thailand) Co., Ltd. | 99.99% | Integrated Precision Engineering Co., Ltd. | 100.00% |
| IPE Macao Commercial Offshore Ltd. | 100.00% | Dongguan Koda Metal Products Co., Ltd. | 100.00% |
| Guangzhou Xin Hao Precision Metal Products Co., Ltd. | 100.00% | Jiangsu Koda Precision Engineering Co., Ltd. | 100.00% |
| Cullygrat Surface Treatment (Taicang) Co., Ltd. | 61.00% | Jiangsu Koda Precision Engineering Co., Ltd. | 61.00% |