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:

• Weifang Nepstar Pharmaceutical Co., Ltd.

• Shenzhen Nepstar Chain Co., Ltd.

• Hubei Nepstar Pharmaceutical Co., Ltd.

• Beijing Shuangjing Nepstar Chain Co., Ltd.

• Beijing Hongda Nepstar Chain Co., Ltd.

• Beijing Tongda Nepstar Chain Co., Ltd.

• Beijing Xingda Nepstar Chain Co., Ltd.

• Beijing Nepstar Chain Co., Ltd.

• Beijing Xiang Yun Kang Pharmacy Co., Ltd.

• Beijing Xiang Yun Kang Flower Dispensary Co., Ltd.

• Beijing Xiang Yun Kang Guangqumen Pharmacy Co., Ltd.

• Wenzhou Nepstar Chain Co., Ltd.

• Zaozhuang Nepstar Chain Co., Ltd.

• Wuhan Nepstar Drugstore 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.

• Nepstar Information Technology Service Co., Ltd.

• Nepstar Management Consulting Co., Ltd.