EXHIBIT 8.1

LIST OF SUBSIDIARIES

The Company presently wholly owns Euro Tech (Far East) Limited, a Hong Kong corporation, which, in turn, owns the following corporations:

Wholly-Owned

●  Euro Tech Trading (Shanghai) Limited — a People's Republic of China corporation

●  Euro Tech (China) Limited — a Hong Kong corporation

●  Shanghai Euro Tech Limited — a People's Republic of China corporation

●  Shanghai Euro Tech Environmental Engineering Company, Ltd. — a People's Republic of China corporation

●  Chongqing Euro Tech Rizhi Technology Company, Limited — a People's Republic of China corporation

●  Rizhi Euro Tech Instrument (Shaanxi) Company Limited— a People's Republic of China corporation

●  Guangzhou Euro Tech Environmental Equipment Company Limited— a People's Republic of China corporation

Majority Owned

●  Yixing Pact Environmental Technology Company Limited — a People's Republic of China corporation

●  Pact Asia Pacific Limited — a BV1 corporation ("PACT")

Other Entities

 Zhejiang Tianlan Environmental Protection Technology Company Limited — a People's Republic of China corporation.*

 Zhejiang Jia Huan Electronic Co. Ltd., — a People's Republic of China corporation.*

* A 50 percent or less owned person accounted for by the equity method as defined by SEC rules and regulations.