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Exhibit 21.1
| LIST OF SUBSIDIARIES | ||||||
| Jurisdiction of | ||||||
| Incorporation or | Percentage of | |||||
| Name of Subsidiary | Organization | Ownership | ||||
| CBAK Energy Investments Holdings | Cayman Islands | 100% | ||||
| CBAK Energy Lithium Battery Holdings Co., Ltd. | Cayman Islands | 100% | ||||
| BAK Asia Investments Limited | Hong Kong | 100% | ||||
| CBAK New Energy (Nanjing) Co., Ltd | PRC | 100% | ||||
| Shenzhen CBAK Sodium Battery New Energy Co., Ltd. | PRC | 100% | ||||
| Nanjing BFD New Energy Technology Co., Ltd. | PRC | 100% | ||||
| Nanjing CBAK New Energy Technology Co., Ltd | PRC | 100% | ||||
| CBAK New Energy (Suzhou) Co., Ltd. | PRC | 90% | ||||
| China BAK Asia Holdings Limited | Hong Kong | 100% | ||||
| Dalian CBAK Energy Technology Co., Ltd. | PRC | 100% | ||||
| Dalian CBAK Power Battery Co., Ltd. | PRC | 100% | ||||
| CBAK New Energy (Shangqiu) Co., Ltd. | PRC | 100% | ||||
| Hitrans Holdings Co., Ltd. | Cayman Islands | 100% | ||||
| Hong Kong Hitrans Holdings Company Limited | Hong Kong | 100% | ||||
| Dalian CBAK New Energy Co., Ltd. | PRC | 100% | ||||
| Zhejiang Hitrans Lithium Battery Technology Co., Ltd (“Hitrans”) | PRC | 67.33% | ||||
| Anhui Yuanchuang New Energy Materials Co., Ltd. | PRC | 100% owned by Hitrans | ||||
| Shaoxing Haisheng International Trading Co., Ltd. | PRC | 100% owned by Hitrans | ||||