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