EXHIBIT 8.1

LIST OF SUBSIDIARIES

The Company presently wholly owns Far East, a Hong Kong corporation, which, in turn, owns the following corporations:

Wholly-Owned

· Euro Tech Trading (Shanghai) Limited – a People’s Republic of China corporation

· Euro Tech (China) Limited – a Hong Kong corporation

· ChinaH2O.com Limited – a Hong Kong corporation

· Shanghai Euro Tech Limited – a People’s Republic of China corporation

· Shanghai Euro Tech Environmental Engineering Company, Ltd. – a People’s Republic of China corporation

· Chongqing Euro Tech Rizhi Technology Company,Limited – a People’s Republic of China corporation

· Rizhi Euro Tech Instrument (Shaanxi) Company Limited– a People’s Republic of China corporation

· Guangzhou Euro Tech Environmental Equipment Company Limited – a People’s Republic of China corporation

Majority Owned

· Yixing Pact Environmental Technology Company Limited – a PRC corporation

· Pact Asia Pacific Limited – a BVI corporation