List of Subsidiaries

Name of Subsidiary	Jurisdiction of Formation	Doing Business Name
Honesty Group Holdings Limited	Hong Kong
Guanke (Fujian) Electron Technological Industry Co., Ltd.	People’s Republic of China	SGOCO
Guanwei (Fujian) Technological Co., Ltd.	People’s Republic of China
Guancheng (Fujian) Technological Co., Ltd.	People’s Republic of China
Jinjiang Guanke Electron Co. Ltd.	People’s Republic of China