Legal basis: Article 6 of the Regulations on the Administration of Enterprise Name Registration allows an enterprise to use only one name, which shall not be the same as or similar to the name of an enterprise registered in the same industry within the jurisdiction of the registration authority.
The name of an enterprise consists of administrative division+font size+industry characteristics+organizational form. As long as one of the four parts is different from the first three, it will do. Although the brand names of the two companies are the same, but the industries are different, it is generally acceptable, unless the chemical enterprise is a group company with a wider business scope. But they are not grouped by enterprise names, and the two will not cause name confusion.