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BUSINESS DESCRIPTION (Tables)
6 Months Ended
Sep. 30, 2022
BUSINESS DESCRIPTION  
Schedule of the company's principal subsidiaries and consolidated VIEs

As of September 30, 2022, the Company’s principal subsidiaries and consolidated VIEs are as follows:

Date of

incorporation /

Place of

Percentage of

    

acquisition

    

incorporation

    

legal ownership

    

Principal activities

Wholly owned subsidiaries

 

  

 

  

 

  

 

Hexindai Hong Kong Limited (“HK Hexindai”)

 

May 17, 2016

 

Hong Kong

 

100%

Investment holding

Beijing Hexin Yongheng Technology Development Co., Ltd. ( Wholly Owned Foreign Enterprise,“WOFE”)

 

August 8, 2016

 

PRC

 

100%

Provision of consultancy and information technology (“IT”) support

Tianjin Haohongyuan Technology Co., Ltd. (“Tianjin Haohongyuan”)

May 25, 2018

PRC

100%

Provision of consultancy and IT support

HX Asia Investment Limited

June 25, 2018

BVI

100%

Investment holding

HX China Investment Limited

January 16, 2019

BVI

100%

Investment holding

Hexin Investment Private Limited

July 15, 2020

Singapore

100%

Investment holding

We Health Limited (“We Health”)

July 8, 2021

New York

100%

Investment holding

We Healthy Limited (“We Healthy”)

December 15, 2021

Hong Kong

51%

Investment holding

Akso Remote Medical Consultation Center Inc. (“Akso Remote Medical”)

January 3, 2022

Wyoming

100%

Provision of health treatment services

Akso Online MediTech Co., Ltd.(“Akso Online MediTech”)

January 4, 2022

Wyoming

100%

Sales of medical devices

Akso First Health Treatment Center Inc. (“Akso First Health”)

January 4, 2022

Massachusetts

100%

Provision of health treatment services

Qindao Akso Health Management Co., Limited (“Qingdao Akso”)

January 26, 2022

PRC

51%

Provision of health treatment services

VIEs

 

  

 

  

 

  

 

  

Wusu Hexin Yongheng Trading Co., Ltd (“Wusu Company)

August 28, 2017

PRC

Consolidated VIE

Trading branded products and product promotion

Hexin Digital Technology Co., Ltd.(“Hexin Digital “)

August 1, 2019

PRC

Consolidated VIE

Provision of consultancy and IT support

Beijing Hexin Jiuding Technology Co., Ltd. (“Hexin Jiuding”)

January 1, 2021

PRC

Consolidated VIE

Provision of consultancy and IT support