Legal analysis: the difference between a group and a limited company is as follows: a group refers to an enterprise legal person group with capital as the main link and parent and subsidiary companies as the main body. A group needs more than two member companies, including parent company, subsidiary company and joint-stock company. The company is a limited liability company with independent legal person qualification, enterprise legal person qualification and the number of legal shareholders. An enterprise legal person who is liable for debts with all its assets. The group itself does not have an independent legal person status and cannot become a specific party. The company is an independent legal person with civil and economic activities.
Legal basis: Article 3 of People's Republic of China (PRC) Company Law is an enterprise legal person with independent legal person property and legal person property rights. The company is liable for its debts with all its property.
Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.