What is the difference between a group and a stock?

The difference between a group and a joint-stock company is: 1. Different qualifications: the joint-stock company is an independent legal person and has the qualification of enterprise legal person. The group does not have the qualification of enterprise legal person; 2. Different operation modes: the group is large in scale and can use the resources of several limited companies. Joint-stock companies operate independently as long as they meet the annual budget; 3. Different risk-taking: the Group and other member companies are not responsible for the business activities of one of the member companies, which is conducive to diversifying business risks. Shareholders of a joint stock limited company shall bear limited liability to the company to the extent of their subscribed capital contribution, and the company shall bear all risks of its debts with all its assets.