WuXi PharmaTech and Wuxi Shi Ming are related, because Wuxi Mingshi is a wholly-owned subsidiary of WuXi PharmaTech. This affiliation usually means that the parent company owns all or most of the shares of the subsidiary and has greater control over the operation and management of the subsidiary. In this case, WuXi PharmaTech, as the parent company, expanded its business scope and provided clinical research services and on-site management services for new drugs through its subsidiary Wuxi Jinshi.
This joining relationship is helpful to realize resource sharing and complementary advantages, and improve the overall competitiveness of the company.