EX-21.1 4 v216964_ex21-1.htm Unassociated Document
Exhibit 21.1
Subsidiaries of Shiner International, Inc.*

Active Subsidiaries
Inactive Subsidiaries
   
Hainan Shiner Industrial Co., Ltd.
Hainan Shiny-day Color Printing Packaging Co., Ltd.
   
Zhuhai Huanuo Packaging Material Co., Ltd.
Hainan Modern Hi-Tech Industrial Co., Ltd.
   
Shanghai Juneng Functional Film Company, Ltd.,
a joint venture in which Shiner holds a 70% ownership interest
 
   
*
Except as otherwise set forth herein, all subsidiaries are organized and existing under the laws of the People's Republic of China and 100% owned by Shiner