EX-8.1 7 ea020261801ex8-1_guardforce.htm LIST OF THE REGISTRANT'S SUBSIDIARIES

Exhibit 8.1

LIST OF SUBSIDIARIES

Name of Subsidiary |  | Jurisdiction of Organization |  | Percentage of Ownership |
Guardforce AI Holdings Limited |  | British Virgin Islands |  |  | 100 | %
Guardforce Cash Solutions Security (Thailand) Co., Limited |  | Thailand |  |  | 99.07 | %
Guardforce AI Singapore Pte. Ltd. |  | Singapore |  |  | 100 | %
Guardforce AI (Hong Kong) Co., Limited |  | Hong Kong |  |  | 100 | %
GFAI Robot Service GK |  | Japan |  |  | 100 | %
GFAI Robot Service Co., Ltd. |  | South Korea |  |  | 100 | %
Southern Ambition Limited |  | British Virgin Islands |  |  | 100 | %
Horizon Dragon Limited |  | British Virgin Islands |  |  | 100 | %
Guardforce AI Group Co., Limited |  | Thailand |  |  | 100 | %*
GFAI Robotic and Innovation Solution (Thailand) Company Limited |  | Thailand |  |  | 48.02 | %
Guardforce AI Robots Limited |  | British Virgin Islands |  |  | 100 | %
GFAI Robotics Group Co., Limited |  | British Virgin Islands |  |  | 100 | %
GFAI Robot Service (Hong Kong) Limited |  | Hong Kong |  |  | 100 | %
GF Robotics Malaysia Sdn. Bhd. |  | Malaysia |  |  | 100 | %
GFAI Robotics Services LLC |  | Delaware |  |  | 100 | %
Macau GF Robotics Limited |  | Macau |  |  | 100 | %
Guardforce AI Robot Service (Shenzhen) Co., Limited |  | PRC |  |  | 100 | %
GFAI Robot & Smart Machines Trading LLC |  | UAE |  |  | 100 | %
Shenzhen GFAI Robot Technology Co., Limited (former name: Shenzhen Keweien Robot Service Co., Limited) |  | PRC |  |  | 100 | %
Guangzhou GFAI Technology Co., Limited (former name: Guangzhou Kewei Robot Technology Co., Limited) |  | PRC |  |  | 100 | %
Beijing Wanjia Security System Limited |  | PRC |  |  | 100 | %
GFAI Technology Limited |  | British Virgin Islands |  |  | 100 | %
GFAI Technology (Hong Kong) Limited |  | Hong Kong |  |  | 100 | %

* | Guardforce AI Group Co., Limited was incorporated in Thailand under the Civil and Commercial Code at the Registry of partnerships and Companies, Bangkok Metropolis, Thailand, on September 21, 2018 and has 100,000 ordinary plus preferred shares outstanding. 48,999 of the shares in AI Thailand are owned by Southern Ambition Limited, with one share being held by Horizon Dragon Limited, for an aggregate of 49,000 ordinary shares, or 49%, and 51,000 cumulative preferred shares are owned by two individuals of Thailand. The two individuals owned in aggregate 49,000 ordinary shares with a value of approximately $16,000. The cumulative preferred shares are entitled to dividends of USD$0.03 per share when declared. The cumulative unpaid dividends of the preferred shares as of December 31, 2021 is approximately $1,700. Pursuant to article of associates of AI Thailand, the holder of an ordinary share may cast one vote per share at a general meeting of shareholders, the holder of preferred shares may cast one vote for every 20 preferred shares held at a general meeting of shareholders. Southern Ambition is entitled to cast more than 95% of the votes at a general meeting of shareholders. Guardforce AI Group Co., Limited is our wholly controlled subsidiary.