Exhibit 8.1

SUBSIDIARIES OF THE COMPANY

Wholly-owned subsidiaries, each of which is duly incorporated in the PRC:

• Shenzhen Nepstar Pharmaceutical Electronic Technologies Ltd.

• Shenzhen Nepstar Commerce Development Ltd.

• Shenzhen Jinfu Logistics Service Co., Ltd.

• Shenzhen Wisconsin Trading Development Co., Ltd.

• Shenzhen Nepstar Pharmaceutical Co., Ltd.

Consolidated entities, each of which is duly incorporated in the PRC:

• Shenzhen Nepstar Chain Co., Ltd.

· Beijing Nepstar Huashi Drugstore Co., Ltd.

· Beijing Nepstar Guangqumen Drugstore Co., Ltd.

· Beijing Nepstar Tiyuguanlu Drugstore Co., Ltd.

· Beijing Nepstar Shuangjing Drugstore Co., Ltd.

· Beijing Nepstar Tongda Drugstore Co., Ltd.

· Beijing Nepstar Hongda Drugstore Co., Ltd.

· Beijing Nepstar Xingda Drugstore Co., Ltd.

· Wuhan Nepstar Chain Co., Ltd.

• Dalian Nepstar Chain Co., Ltd.

• Shenyang Nepstar Chain Co., Ltd.

• Hunan Nepstar Health Chain Co., Ltd.

• Guangzhou Nepstar Chain Co., Ltd.

• Jiangsu Nepstar Chain Co., Ltd.

• Shandong Nepstar Chain Co., Ltd.

• Shanghai Nepstar Chain Co., Ltd.

• Sichuan Nepstar Chain Co., Ltd.

• Hangzhou Nepstar Chain Co., Ltd.

• Ningbo Nepstar Chain Co., Ltd.

• Tianjin Nepstar Chain Co., Ltd.

• Qingdao Nepstar Chain Co., Ltd.

• Fuzhou Nepstar Chain Co., Ltd.

• Shenzhen Nepstar E-Commerce Co., Ltd.

• Shenzhen Nepstar Information and Technology Service Co., Ltd.

• Shenzhen Nepstar Management Consulting Co., Ltd.