EXHIBIT 8.1
Name of Entity
The following is a list of this Company’s currently operating subsidiaries. As of the July 9, 2018, active subsidiaries that conducted operations were: Nissin Precision Metal Manufacturing Limited; Kayser Limited; Golden Bright Plastic Manufacturing Company Limited; Kayser Myanmar Manufacturing Company Ltd.; and Nissin Metal and Plastic (Shenzhen) Company Limited.
Antemat Limited
| Kayser Limited
|
Nissin Mechatronic Limited | Golden Bright Plastic Manufacturing Company Limited
|
Cavour Industrial Limited | Nissin Precision Metal Manufacturing Limited
|
Nissin Metal and Plastic (Shenzhen) Company Limited
| Saiwan Industries Limited
|
Kayser Myanmar Manufacturing Company Ltd. | Advanced Clean Innovations Asia Limited |
Hi-Lite Camera Company Limited |
All of the foregoing entities are wholly-owned by Highway Holdings Limited, except (i) Kayser Myanmar Manufacturing Company Ltd. (the Company owns 84% of this entity), and (ii) Advanced Clean Innovations Asia Limited (the Company owns 51% of of this entity). All subsidiaries, with the exception of Nissin Metal and Plastic (Shenzhen) Company Limited (organized in China) and Kayser Myanmar Manufacturing Company Ltd. (organized in Myanmar) are incorporated in Hong Kong.
2