Exhibit 21

Subsidiaries

Name	Background		Ownership
United Warehouse Management Limited (“UWM HK”)	·	Hong Kong company	100% owned by the Company
	·	Incorporated on May 3, 2023
	·	Issued and outstanding 10,000 ordinary shares for HK$10,000
	·	Provision of storage service
KSK Logistics Limited (“KSK”)	·	Hong Kong company	100% owned by the Company
	·	Incorporated on July 11, 2023
	·	Issued and outstanding 1 ordinary share for HK$1
	·	Provision of logistics service
Propose Enterprise Limited (“PEL”)	·	Hong Kong company	100% owned by the Company
	·	Incorporated on June 10, 2010
	·	Issued and outstanding 100 ordinary shares for HK$100
	·	Provision of financial consulting service