EXHIBIT 8.1

Principal Subsidiaries and VIE of Dunxin Financial Holdings Limited

Subsidiaries:

· True Silver Limited, a British Virgin Islands company

· Chutian Financial Holdings (Hong Kong) Limited, a Hong Kong company

· Wuhan Chutian Investment Holdings. LTD.. a PRC company

Variable Interest Entity:

· Hubei Chutian Microfinance Co., Ltd., a PRC company