Name | | Country of incorporation | | Principal activities | | Effective equity held by the Company |
| | | | | | 2025 | 2024 |
| | | | | | % | % |
Held by the Company | | | | | | | |
Jade Star Group Holdings Limited (“Jade Star”) | | British Virgin Islands | | Investment holding | | 100 | 100 |
Fuxing China Group Limited (HK) (“Fuxing HK”) | | Hong Kong | | Investment holding, to facilitate the application of the State-owned Land Use Right Certificate in respect of the Land Parcel | | 100 | 100 |
Held through Jade Star | | | | | | | |
Jinjiang Fookhing Zipper Co., Ltd. (“Fookhing Zipper”) | | PRC | | Production and sale of finished zippers and zipper chains | | 100 | 100 |
Jinjiang Fuxing Dress Co., Ltd. (“Fuxing Dress”) | | PRC | | Production and sale of zipper sliders | | 100 | 100 |
Fook Hing Group Trading Company Limited (“Fook Hing Trading”) | | Hong Kong | | Trading of textile raw and auxiliary materials for textile sector | | 100 | 100 |
Jinjiang Fulong Zipper and Weaving Co., Ltd. (“Fulong Zipper”) | | PRC | | Color dyeing of fabric tapes for zippers | | 100 | 100 |
* Jinjiang Jianxin Weaving Co., Ltd. (“Jianxin Weaving”) | | PRC | | Manufacturing and sales of dyed yarn | | 100 | 100 |
Jinjiang Fuxin Electroplating Co., Ltd. (“Fuxin Electroplating”) | | PRC | | Provision of electroplating services for zipper sliders | | 100 | 100 |
Xiamen Xinfuxing Industrial Co., Ltd. (“Xiamen Industrial”) | | PRC | | Real estate development | | 100 | 100 |
Held through Xiamen Industrial | | | | | | | |
Xiamen Xinfuxing Property Management Co., Ltd. (“Xiamen Property”) | | PRC | | To handle property management and realtor services for the Company’s Xiamen headquarters | | 80 | 80 |