| Hydoo Estate (Ganzhou) Co., Ltd. | 100.00% | Ningxiang Hydoo Guangcai Trade Centre Development Co., Ltd. | 100.00% |
| Jining Hydoo Logistics Center Development Co., Ltd. | 100.00% | Mianyang West Modern Trade Center Development Co., Ltd. | 100.00% |
| Guangxi Yulin Modern Trade Center Development Co., Ltd. | 100.00% | Jining Hydoo Modern Logistics Co., Ltd. | 100.00% |
| GZ Hydoo Commercial and Trade Logistics Park Deve. Co., Ltd. | 100.00% | Wuzhou Hydoo Commercial and Trade Center Deve. Co., Ltd. | 100.00% |
| Heze Hydoo Commercial and Trade Center Co., Ltd. | 100.00% | Lanzhou Hydoo Commercial and Trade Center Co., Ltd. | 100.00% |
