Is Hong Kong Group Limited a group company?
Belong to. There is no "group" in the company law, only limited liability companies and joint stock limited companies. Shareholders of a limited liability company are liable to the company to the extent of their subscribed capital contribution, and shareholders of a joint stock limited company are liable to the company to the extent of their subscribed shares. However, in reality, we often see the name of a group company. In fact, this is just a company (or enterprise) alliance formed by the close relationship between several companies in business, circulation and production. In addition, some companies have diversified business strategies and set up corresponding subsidiaries in many fields, so that parent and subsidiary companies will form an enterprise group because of this "blood relationship"; Limited liability company is the most important organizational form for Chinese enterprises to implement corporate system, which refers to registration according to the Regulations of the People's Republic of China on the Administration of Company Registration. This form of limited liability company is generally suitable for small and medium-sized enterprises. Therefore, Hong Kong Group Co., Ltd. is a company under the group company, and Hong Kong Group Co., Ltd. belongs to the group company.