EXHIBIT 8.1

List of Subsidiaries

• China DRTV, Inc., incorporated in the British Virgin Islands

• Smooth Profit Limited, incorporated in the British Virgin Islands

• Bright Rainbow Investments Limited, incorporated in the Hong Kong Special Administrative Region of People’s Republic of China

• Emoney Investments Limited, incorporated in the Hong Kong Special Administrative Region of People’s Republic of China

• MK AND T Communications Limited, incorporated in the Hong Kong Special Administrative Region of People’s Republic of China

• Acorn Information Technology (Shanghai) Co., Ltd., incorporated in the People’s Republic of China

• Acorn International Electronic Technology (Shanghai) Co., Ltd., incorporated in the People’s Republic of China

• Acorn Trade (Shanghai) Co., Ltd., incorporated in the People’s Republic of China

• Beijing Acorn Trade Co., Ltd., incorporated in the People’s Republic of China

• Beijing Acorn Youngleda Oxygen Generating Co., Ltd., incorporated in the People’s Republic of China

• Beijing HJZX Software Technology Development Co., Ltd., incorporated in the People’s Republic of China

• Guangzhou Yiteng Information Technology Co., Ltd., incorporated in the People’s Republic of China

• Shanghai Acorn Advertising Broadcasting Co., Ltd., incorporated in the People’s Republic of China

• Shanghai An-Nai-Chi Automobile Maintenance Products Co., Ltd., incorporated in the People’s Republic of China

• Shanghai Acorn Enterprise Management Consulting Co., Ltd., incorporated in the People’s Republic of China

• Shanghai Acorn Network Technology Development Co., Ltd., incorporated in the People’s Republic of China

• Shanghai Chuangying Xianke Information Technology Co., Ltd., incorporated in the People’s Republic of China

• Shanghai HJX Digital Technology Co., Ltd., incorporated in the People’s Republic of China

• Shanghai Yimeng Software Technology Co., Ltd., incorporated in the People’s Republic of China

• Shanghai Yitong Investment Consulting Co., Ltd., incorporated in the People’s Republic of China

• Yiyang Yukang Communication Equipment Co., Ltd., incorporated in the People’s Republic of China

• Zhuhai Acorn Electronic Technology Co., Ltd., incorporated in the People’s Republic of China

• Zhongshan Meijin Digital Technology Co., Ltd., incorporated in the People’s Republic of China

• Zhuhai Sunrana Bio-tech Co., Ltd., incorporated in the People’s Republic of China