| Name | | Background | | Ownership % | | Principal activity |
| NewGenivf Limited | | ● A Cayman Islands company ● Incorporated on 16 January, 2019 | | 100% | | Investment holding |
| FFPGS (HK) Limited | | ● A Hong Kong company ● Incorporated on December 19, 2019 | | 100% | | Marketing and administrative services |
| Well Image Limited | | ● A Hong Kong company ● Incorporated on July 11, 2008 | | 100% | | Investment holding |
| Med Holdings Limited (“Med Holdings”) (Note) | | ● A Thailand company ● Incorporated on January 21, 2015 | | 49%* | | Investment holding |
| First Fertility PGS Center Limited (“FFC”) (Note) | | ● A Thailand company ● Incorporated on March 6, 2014 | | 74% | | Provision of IVF treatment |
| First Fertility Phnom Penh Limited (“FFPP”) | | ● A Cambodia company ● Incorporated on August 10, 2015 | | 100% | | Provision of IVF treatment |
| Bi Clinic Ltd (“FFBi”) | | ● A Kyrgyzstan company ● Incorporated on December 16, 2021 ● Acquired on December 17, 2024 | | 100% | | Provision of IVF treatment, surrogacy and ancillary caring services |
| MicroSort Lab Services LLC | | ● A US company ● Incorporated on June 16, 2025 | | 100% | | Specialized applications, in provision of IVF treatment |
| NewGenDigital Limited | | ● A BVI company ● Incorporated on January 21, 2025 | | 100% | | Investment Holding |
| NewGenProperty Limited | | ● A BVI company ● Incorporated on September 18, 2025 | | 100% | | Investment Holding |
| HyFi Innovations Limited | | ● A Hong Kong company ● Incorporated on October 20, 2025 | | 100% | | Tokenization Service |
| Incorporated subsequent to the financial year end: |
| |
| NewGenBiz Limited | | ● A BVI company ● Incorporated on January 13, 2026 | | 100% | | Investment Holding |
| NewGenOman Limited | | ● A BVI company ● Incorporated on February 2, 2026 | | 100% | | Investment Holding |
| Alfred Siu Charitable Foundation Limited | | ● A Hong Kong Foundation ● Incorporated on February 27, 2026 | | 100% | | Charitable activities |
| | | | | |
| The following subsidiary was disposed during the year |
| |
| 深圳前海豐泰仁匯健康科技有限公司 (Shenzhen Qianhai Fengtai Renhui Health Technology Co., Ltd.) | | ● A PRC China company ● Disposed on July 29, 2025 | | 100% | | Marketing services |