EXHIBIT 21

Subsidiaries of NextMart, Inc.

NextMart Inc. has the following subsidiary companies:

·      Sun New Media Group Limited;

·      SE Global Equity Inc;

·      SE Global Capital Inc;

·      Sun Global Marketing Network Limited;

·      China Focus Channel Development (HK) Limited;

·      Sun New Media Holdings Limited;

·      Magzone Asia Pte Ltd;

·      Lifestyle Magazines Publishing Pte Ltd;

·      China Sports Television Production Limited;

·      William Brand Administer Limited; and

·      China Tradex Limited.