Jurisdiction of

Name of Subsidiary

Incorporation or Organization

Percentage of Ownership

Porter Group Limited

Republic of Seychelles

100%

Porter Perspective Business Group Limited

Hong Kong

100%

Shenzhen Qianhai Porter Industrial Co. Ltd.

PRC

100%

Shenzhen Porter Enterprise Management Co. Ltd.

PRC

Variable interest entity

Shenzhen Porter Shops Lot Technology Co., Ltd.

PRC

85% by Shenzhen Porter Enterprise Management Co. Ltd.

Shenzhen Porter Warehouse E-Commerce Co. Ltd.

PRC

100% by Shenzhen Porter Enterprise Management Co. Ltd.

Shenzhen Porter Commercial Perspective Network Co., Ltd.

PRC

100% by Shenzhen Porter Enterprise Management Co. Ltd.

Shenzhen Xinsanmao Wine Co., Ltd.

PRC

51% by Shenzhen Porter Warehouse E-Commerce Co. Ltd.

Guizhou Yueqian Smart Zone Management Co., Ltd.

PRC

52% by Shenzhen Porter Shops Lot Technology Co., Ltd.