EXHIBIT 21.1

Subsidiaries
Entity Name in English	Jurisdiction of Incorporation	Parent
Solarmax Technology, Inc.	Nevada	N/A
Solarmax Renewable Energy Provider, Inc.	California	Solarmax Technology, Inc.
Solarmax Financial, Inc.	California	Solarmax Technology, Inc.
SMX Capital, Inc.	New Jersey	Solarmax Technology, Inc. (93.75% owned)
Solarmax LED, Inc.	California	Solarmax Technology, Inc.
Solarmax Technology Holdings (Hong Kong) Limited	Hong Kong	Solarmax Technology, Inc.
SolarMax Technology Holdings (Cayman) Limited	Cayman Islands	Solarmax Technology, Inc.
Solarmax Technology (Shanghai) Co., Ltd - WFOE	China	Solarmax Technology Holdings (Hong Kong) Limited
Chengdu Zhonghong Tianhao Technology Co., Ltd	China	Solarmax Technology (Shanghai) Co., Ltd - WFOE
Solarmax Technology (Beijing) Co., Ltd	China	Solarmax Technology (Shanghai) Co., Ltd
Zhongzhao Technology Development (Shanghai) Ltd	China	Solarmax Technology (Shanghai) Co., Ltd

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Shanghai Zhongzhao Tianpei Green Energy Technology Co., Ltd	China	Zhongzhao Technology Development (Shanghai) Ltd
Zhongzhao Hongwan Green Energy Technology (Shanghai) Co., Ltd	China	Zhongzhao Technology Development (Shanghai) Ltd
Dangxiong Zhongzhao Green Energy Technology Co., Ltd	China	Zhongzhao Hongwan Green Energy Technology (Shanghai) Co., Ltd
Shanghai Hongjing Electric Power Technology Co., Ltd.	China	Solarmax Technology (Shanghai) Co., Ltd
Shanghai Zhongzhao Changxiao Green Energy Technology Co., Ltd	China	Zhongzhao Technology Development (Shanghai) Ltd
Shanghai Cichang Green Energy Technology Co., Ltd	China	Zhongzhao Technology Development (Shanghai) Ltd
Shanghai Changmu Green Energy Technology Co., Ltd	China	Zhongzhao Technology Development (Shanghai) Ltd

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Guizhou Honghao Green Energy Development Co., Ltd	China	Zhongzhao Technology Development (Shanghai) Ltd
Accumulate Investment Co., Ltd (BVI)	British Virgin Island	Solarmax Technology, Inc.
Accumulate Investment Co., Limited (HK)	Hong Kong	Accumulate Investment Co., Ltd (BVI)
Jiangsu Zhonghong Photovoltaic Electric Co., Ltd	China	Accumulate Investment Co., Limited (HK)
Nanjing zhaohewei new energy co., Ltd	China	Jiangsu Zhonghong Photovoltaic Electric Co., Ltd
Jiangsu Hongci New Energy Co., Ltd.	China	Jiangsu Zhonghong Photovoltaic Electric Co., Ltd
Qianxinanzhou Yilong Zhonghong Green Energy Co., Ltd.	China	Jiangsu Hongci New Energy Co., Ltd.
Nanjing qingchangyang new energy co., Ltd	China	Jiangsu Zhonghong Photovoltaic Electric Co., Ltd
Xingren Almaden New Energy Co., Ltd.	China	Nanjing qingchangyang new energy co., Ltd
Jiangsu Hongzhihan New Energy Co., Ltd.	China	Jiangsu Zhonghong Photovoltaic Electric Co., Ltd
Ningxia Honghe New Energy Co., Ltd.	China	Jiangsu Hongzhihan New Energy Co., Ltd.
Jiangsu Hongzhi Photovoltaic Co., Ltd.	China	Jiangsu Zhonghong Photovoltaic Electric Co., Ltd
Golden Solarmax Finance Co., Ltd	China	Solarmax Technology, Inc.

3