| 2025-03-31 | Entity Name in English | Parent |
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| 2025-03-31 | Solarmax Renewable Energy Provider, Inc. | Solarmax Technology, Inc. |
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| 2025-03-31 | Solarmax Financial, Inc. | Solarmax Technology, Inc. |
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| 2025-03-31 | SMX Capital, Inc. | Solarmax Technology, Inc. (93.75% owned) |
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| 2025-03-31 | Solarmax LED, Inc. | Solarmax Technology, Inc. |
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| 2025-03-31 | Solarmax Technology Holdings (Hong Kong) Limited | Solarmax Technology, Inc. |
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| 2025-03-31 | SolarMax Technology Holdings (Cayman) Limited | Solarmax Technology, Inc. |
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| 2025-03-31 | Solarmax Technology (Shanghai) Co., Ltd - WFOE | Solarmax Technology Holdings (Hong Kong) Limited |
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| 2025-03-31 | Zhongzhao Technology Development (Shanghai) Ltd | Solarmax Technology (Shanghai) Co., Ltd |
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| 2025-03-31 | Shanghai Zhongzhao Tianpei Green Energy Technology Co., Ltd | Zhongzhao Technology Development (Shanghai) Ltd |
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| 2025-03-31 | Shanghai Jingxing Green Energy Co., Ltd. | Shanghai Hongjing Electric Power Technology Co., Ltd. |
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| 2025-03-31 | Shanghai Changmu Green Energy Technology Co., Ltd | Zhongzhao Technology Development (Shanghai) Ltd |
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| 2025-03-31 | Qianxinanzhou Honghao Green Energy Co., Ltd | Shanghai Changmu Green Energy Technology Co., Ltd |
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| 2025-03-31 | Accumulate Investment Co., Ltd (BVI) | Solarmax Technology, Inc. |
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| 2025-03-31 | Accumulate Investment Co., Limited (HK) | Accumulate Investment Co., Ltd (BVI) |
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| 2025-03-31 | Jiangsu Zhonghong Photovoltaic Electric Co., Ltd | Accumulate Investment Co., Limited (HK) |
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| 2025-03-31 | Jiangsu Hongci New Energy Co., Ltd. | Jiangsu Zhonghong Photovoltaic Electric Co., Ltd |
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| 2025-03-31 | Nanjing qingchangyang new energy co., Ltd. | Jiangsu Zhonghong Photovoltaic Electric Co., Ltd |
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| 2025-03-31 | Jiangsu Hongzhihan New Energy Co., Ltd. | Jiangsu Zhonghong Photovoltaic Electric Co., Ltd |
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| 2025-03-31 | Jiangsu Hongzhi Photovoltaic Co., Ltd. | Jiangsu Zhonghong Photovoltaic Electric Co., Ltd |
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