{"url_path":"/sec/mvnc/10-q/2026/body","section_key":"body","section_title":"Body","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1439264/0001683168-26-003886-index.html","accession_number":"0001683168-26-003886","cik":"0001439264","ticker":"MVNC","issuer_name":"Marvion Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1439264/0001683168-26-003886-index.html","primary_entity_key":"0001439264","primary_entity_name":"Marvion Inc."},"word_count":108,"has_tables":true,"body_markdown":"EX-21\n2\nmarvion_ex2100.htm\nDESCRIPTION OF SUBSIDIARIES\n\n**\n\n**Exhibit 21**\n\n** **\n\nDescription of Subsidiaries\n\n**Name**\n\n**Place of incorporation**\n\n**and kind of**\n\n**legal entity**\n\n**Principal activities**\n\n**and place of operation**\n\n**Particulars of registered/paid**\n\n**up share capital**\n\n**Effective interest**\n\n**held**\n\nUnited Warehouse Management Corp. (“UWMC”)\n\nBritish Virgin Islands\n\nInvestment holding\n\n50,000 ordinary shares at par value of US$1 each\n\n100%\n\nKSK Logistics Limited (“KSK”)\n\nHong Kong\n\nProvision of logistic services\n\n1 ordinary share for HK$1\n\n100%\n\nPropose Enterprise Limited (“PEL”)\n\nHong Kong\n\nProvision of financing services\n\n100 ordinary shares for HK$100\n\n100%\n\nUnited Warehouse Management Limited (“UWML”)\n\nHong Kong\n\nProvision of warehousing and support activities for transportation\n\n10,000 ordinary shares for HK$10,000\n\n100%"}