1. Different companies: Shimao 8 13 is Shimao Real Estate Holdings Co., Ltd., which is mainly engaged in real estate development. Shimao 823, Shanghai Shimao Co., Ltd., is a listed company integrating business management and diversified investment.
2. Different businesses: Shimao 8 13 focuses on developing large-scale and high-quality comprehensive real estate projects in cities with developed economy or great development potential in Chinese mainland, including residential, hotel, retail and commercial properties. Shimao 823 is a commercial real estate enterprise, mainly engaged in the development, sales and management of comprehensive commercial real estate. Pay attention to commercial real estate projects, including shopping centers and commercial complexes.