What is the relationship between Poly South Group and Poly Group?

The relationship between shareholders.

Poly Group is the major shareholder of Poly South Group. It can also be said that Poly South Group is a subsidiary of Poly South Group Co., Ltd., which was established on July 9, 1992 at/kloc-0. Its business scope includes enterprise's own capital investment.

Poly South Group Co., Ltd. is a subsidiary of Poly Group, established in 1992, with a registered capital of1050,000 yuan.