But they have nothing to do with it.
Ningbo Fubang Precision Industry Group Co., Ltd. (hereinafter referred to as the company or the company), formerly known as Ningbo Huatong Transportation Co., Ltd., is a joint-stock company established by the Ningbo Third Transportation Company as the main sponsor with the approval of Document No.26 of Ningbo Economic System Reform Committee.
Ningbo Fidelity Co., Ltd. (hereinafter referred to as "the company") was approved by Ningbo Economic System Reform Office (now the Commission for Economic Restructuring) in September 1992, and was jointly established by the former Zhejiang Vacuum Cleaner Factory and three investors of China Industrial and Commercial Bank (Zhejiang Second Light Industry Group, Yuyao Second Light Industry Corporation and Yuyao Plastic General Factory).