What is the relationship between Fangda Group Industrial Co., Ltd. and Fangda Group Co., Ltd.?

Simply put, they are not related. Fangda Group Co., Ltd. (000055) is registered in Shenzhen and operates glass curtain walls. Fangda Group Industrial Co., Ltd. is registered in Beijing and deals in graphite, steel and chemical products. At present, it owns three listed companies: Fangda Carbon, Fangda Special Steel and Fangda Chemical. The chairman is Fang Wei. From 20 13, Fangda Group Industry began to purchase the equity of Fangda (000055) and became the second largest shareholder.