EX-21.1 3 v109255_ex21-1.htm Unassociated Document
Exhibit 21.1


SUBSIDIARIES OF THE REGISTRANT


·
United First International Limited, incorporated under the laws of Hong Kong

 
·
Beijing Orsus Xelent Technology & Trading Company Limited (a wholly owned subsidiary of United First International Limited), incorporated in Beijing in under the laws of the People’s Republic of China

 
·
Orsus Xelent Holdings (BVI) Limited, incorporated under the laws of the British Virgin Islands

 
·
Orsus Xelent Trading (HK) Company Limited (a wholly owned subsidiary of Orsus Xelent Holdings (BVI) Limited), incorporated under the laws of Hong Kong