What is the relationship between Zhongtai Group and Zhongtai Chemical?

Five legal person shares, including Xinjiang Chemical Industry (Group) Co., Ltd. (hereinafter referred to as "Xinjiang Chemical Industry Group"), Urumqi Peng Huan Co., Ltd. (hereinafter referred to as "Peng Huan Company"), Xinjiang Uygur Autonomous Region Technical Transformation Investment Company, Xinjiang Junggar Ecological Engineering Co., Ltd. and Xinjiang Salt Lake Salt Making Co., Ltd., were approved by document 200 1.

Xinjiang Zhongtai (Group) Co., Ltd. is a wholly state-owned company funded by the People's Government of Xinjiang Uygur Autonomous Region and directly supervised by the SASAC of the autonomous region. It is a large enterprise in the autonomous region, an important investment and financing entity in Xinjiang and an authorized operation entity of state-owned assets, and a platform for undertaking government investment and financing and capital operation. The company is a comprehensive chemical group company focusing on the planning, design, project construction, product research and development, production, sales and financing of the chemical industry, mainly engaged in the planning and design, project construction, resource development and product development, production and sales of chlor-alkali chemical industry, coal chemical industry and petrochemical industry.