**Exhibit        8.1**

**LIST        OF SUBSIDIARIES**

|                                                            |   |                                              |   | Percentage                  ofequity                  interest |   |                                  |
|-----------------------------------------------------------------|--------|---------------------------------------------------|--------|----------------------------------------------------------------|--------|---------------------------------------|
| Name                  of company                                |   | Place                  of incorporation           |   | Held                  by the                  Company          |   | Held                  by subsidiaries |   | Principal                  activities |
| Dongguan                  Xinda Giftware Company Limited (1)    |   | Mainland                  China                   |   | 100%                                                           |   | -                                     |   | Manufacturing                  of die-cast and injection-molded plastic products  |
| Luen                  Tat Mould Manufacturing Limited (1)  |   | The                  British Virgin Islands  |   | 90%                                                       |   | -                                |   | Provision                  of technical support service on mold production  |
| Luen                  Tat Model Design Company Ltd. (1)    |   | The                  British Virgin Islands  |   | -                                                         |   | 51%                              |   | Design                  and production of molds and tooling models  |
| Onchart                  Industrial Limited (1)            |   | The                  British Virgin Islands  |   | 100%                                                      |   | -                                |   | Provision                  of technical support service on mold production  |
| Wealthy                  Holdings Limited                  |   | The                  British Virgin Islands  |   | 100%                                                      |   | -                                |   | Inactive  |
| Zindart                  Manufacturing Limited (1)         |   | The                  British Virgin Islands  |   | 100%                                                      |   |                                  |   | Inactive  |
| Corgi                  Classics Holdings Limited           |   | United                  Kingdom              |   | 100%                                                      |   | -                                |   | Investment                  holding  |
| Corgi                  Classics Limited                    |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Design,                  marketing and distribution of die-cast collectibles  |
| Corgi                  USA, Inc.                           |   | United                  States of America    |   | -                                                         |   | 100%                             |   | Design,                  marketing and distribution of die-cast collectibles  |
| Icon                  Collectibles Limited                 |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Lledo                  Collectibles Limited                |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Bassett                  Lowke Limited                     |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Corgi                  Sales Limited                       |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Corgi                  Toys Limited                        |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Blow-ko                  Limited                           |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Bassett                  Lowke (Railways) Limited          |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Corgi                  Collectors Limited                  |   | United                  Kingdom              |   | -                                                         |   | 100%                             |   | Inactive  |
| Zindart                  Limited                           |   | Bermuda                                      |   | -                                                         |   | 100%                             |   | Inactive  |

| (1)   | These                companies are reported as discontinued                operations |
|-----------------|---------------------------------------------------------------------------------------|