The difference between Nanping Wuyi Development Group and Nanping Wuyi Group

Nanping Wuyi Development Group is a subsidiary of Nanping Wuyi Group. According to relevant information, as of March 29, 2023, Nanping Wuyi Development Group Co., Ltd. is a large state-owned enterprise directly under the Nanping Municipal Government in accordance with the spirit of enterprise reform and reorganization of Nanping Wuyi Group. The relationship between the two is the difference between the branch and the head office, and the resources are shared.