Is Xichang Fanxing B&B Company a subsidiary of Fanshe?

Xichang Fanxing B&B Company is not a subsidiary of Fanshe. Xichang Fanxing B&B Company and Fanshe Subsidiary are two different companies. Xichang Fanxing B&B Company is Xichang Fanshe Hotel Management Co., Ltd., located in Sichuan Province. Fanshe's subsidiary is Fanshe (Tianjin) Culture Co., Ltd., located in Tianjin. Therefore, Xichang Fanxing B&B Company is not a subsidiary of Fanshe. Xichang Fanshe Hotel Management Co., Ltd. was established on June 5, 20 17, located in Building 2, Jinxiu Huadu, south section of Changfu Road, Xichang City, Liangshan Yi Autonomous Prefecture, Sichuan Province.