The second largest shareholder is Sichuan Yibin Wuliangye Group Co., Ltd., and the full name of the listed company is Yibin Wuliangye Co., Ltd., which means that Yibin Wuliangye Co., Ltd. belongs to the branch or subsidiary of Sichuan Yibin Wuliangye Group Co., Ltd. Knowing this relationship, it is easy to understand their relationship-it is normal for Laozi to control his son, and many listed companies adopt this shareholding structure.
Listed companies do not list all the assets of the group company, but part of the assets of the group company. Many listed companies adopt this method. In order to realize the listing of all assets of group companies, the stock market is called "overall listing". For example, 000333 Midea Group went public as a whole this year, and its predecessor listed company was called "Midea Electric Appliances".