Exhibit 8.1
SUBSIDIARIES OF AND CONSOLIDATED ENTITIES OF
PARANOVUS ENTERTAINMENT TECHNOLOGY LTD.
As of the date of this amendment to the annual report*
Name of Subsidiary | Jurisdiction of Incorporation or Organization | Incorporation Time | % of Ownership | |||
Happiness Biology Technology Group Limited (“Happiness Hong Kong”) | Hong Kong | March 5, 2018 | 100% by Happiness Development | |||
Happiness (Fuzhou) e-commerce Co. , | People’s Republic of China | June 1, 2018 | 100% by Happiness Hong Kong | |||
Fujian Happiness Biotech Co., Limited (“Fujian Happiness”) | People’s Republic of China | November 19, 2004 | 100% by Happiness Nanping | |||
Shunchang Happiness Nutraceutical Co., Limited (“Shunchang Happiness”) | People’s Republic of China | May 19, 1998 | 100% by Fujian Happiness | |||
Fujian Shennong Jiagu Development Co., Ltd. (“Fujian Shennong”) | People’s Republic of China | December 10, 2012 | 100% by Fujian Happiness | |||
Fuzhou Hekangyuan Trading Co., Ltd. (“Hekangyuan”) | People’s Republic of China | October 13, 2017 | 100% by Fujian Happiness | |||
Happy Buy (Fujian) Internet Technology Co., Limited (“Happy Buy”) | People’s Republic of China | June 17, 2020 | 100% by Happiness Nanping | |||
Taochejun (Fujian) Auto Sales Co., Limited (“Taochejun”) | People’s Republic of China | April 27, 2021 | 51% by Happiness Nanping | |||
2lab3 LLC | Delaware | August 12, 2022 | 100% by Paranovus Entertainment Technology Ltd. |
* | Other subsidiaries and consolidated entities of Happiness Development Group Limited have been omitted because, in the aggregate, they would not be a “significant subsidiary” as defined in rule 1-02(w) of Regulation S-X as of the end of the fiscal year covered by this report. |