| Schedule of Subsidiaries |
All subsidiaries of the Company are all wholly-owned by the Company through equity investment. | Major Subsidiaries | | Date of
incorporation | | Place of
incorporation | | Percentage
of direct
ownership | | | Principal activities | | Aster BVI | | February 25, 2011 | | BVI | | | 100 | % | | Investment holding | | Lucky Knot Limited | | July 18, 2019 | | BVI | | | 100 | % | | Investment holding | | Aster Industrial Limited | | August 8, 2019 | | BVI | | | 100 | % | | Investment holding | | Aster Online | | August 15, 2019 | | Hong Kong | | | 100 | % | | Investment holding | | Aster HK | | August 16, 2019 | | Hong Kong | | | 100 | % | | Sales of compatible
toner cartridges | | Aster Graphics, Inc. (“Aster U.S.”) | | March 1, 2011 | | U.S. | | | 100 | % | | Sales of compatible toner cartridges in the U.S. | | Aster NL | | July 8, 2011 | | Netherlands | | | 100 | % | | Sales of compatible toner cartridges in Europe | | Jiangxi Yibo | | January 12, 2011 | | PRC | | | 100 | % | | Manufacture of compatible toner cartridges in the PRC | | Aster Germany | | September 25, 2018 | | Germany | | | 100 | % | | Sales of compatible toner cartridges in Europe | | Aster Italy | | May 7, 2018 | | Italy | | | 100 | % | | Sales of compatible toner
cartridges in Europe | | Aster France | | April 3, 2019 | | France | | | 100 | % | | Sales of compatible toner
cartridges in Europe | | Jiangxi Leibotai Electronic Technology Co., Ltd. (“Jiangxi Leibotai”) | | June 26, 2012 | | PRC | | | 100 | % | | Provision of procurement
services in the PRC | | Yantuo (Guangdong) Technology Co., Ltd. (“Yantuo”)(1) | | April 8, 2013 | | PRC | | | 100 | % | | Provision of sales management services in the PRC | | Planet Image International Electronic Technology Shenzhen Co., Ltd. (formerly known as Shenzhen Dinghong Shengda E-commerce Co., Ltd.) | | February 28, 2020 | | PRC | | | 100 | % | | Provision of sales management services in the PRC | | Aster Technology UK Ltd. (“Aster UK”) | | January 21, 2019 | | United Kingdom | | | 100 | % | | Sales of compatible toner
cartridges in Europe | | Peony Trade Co., Limited | | March 9, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | White Poplar Co., Limited | | March 9, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | Joyful Product Trade Co., Limited | | March 9, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | Grand Future Trade Co., Limited | | March 9, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | Oriental Poetry Co., Limited | | March 5, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | Prosperity Product Trade Co., Limited | | March 9, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | Atlantic Marketing Co., Limited | | March 5, 2020 | | Hong Kong | | | 100 | % | | Investment holding | | (1) | Aster UK is a directly wholly-owned subsidiary of Yantuo through equity investment. |
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