What is the relationship between Beijing Xinhuadu Special Transformer and Xinhuadu where Tang Jun is located? Is it a subsidiary? It looks like they are two completely different companies.

The two companies are different.

Beijing Xinhuadu Special Transformer Co., Ltd., founded in 1983, currently has nearly 200 employees, of whom nearly 40% are technicians with college degrees or above. The company passed the ISO9000 quality system certification in 2000; it was recognized as a Beijing high-tech enterprise in 2003; in 2004, the company obtained the Beijing Torch Plan Project Certificate.

The company mainly produces transformer products with voltage levels of 35KV and below and capacities of 20,000KVA and below. Among them, rectifier transformers, frequency converter matching transformers, and offshore platform transformers are the leading products independently developed and produced by the company, and can be designed and manufactured according to the special needs of users. The company has been cooperating with internationally renowned companies such as Siemens, ABB, and AB, as well as well-known domestic enterprises such as Beijing Lidehuafu, Chunzheng, and Beizheng for many years to produce transformers. Various industries, the company also exports a large number of products every year.

The Xinhuadu Group where Tang Jun works was developed from a department store established in Fuzhou City, Fujian Province on January 8, 1995. After that, Fuzhou Xinhuadu Mall, Xinhuadu Shopping Plaza, etc. under Xinhuadu were established one after another. In 1997, Xinhuadu restructured and reorganized some of its high-quality assets, and Xinhuadu Industrial Group Co., Ltd. was born. The group mainly focuses on department stores and supermarkets, and invests in engineering machinery, real estate and other industries. It also actively participates in tourism development companies and mining industries. The group's business structure is beginning to take shape. The group currently has a registered capital of 139.8 million yuan, more than 5,000 employees, and the annual turnover of the holding company exceeds 5 billion. Among them, the holding companies include: Fujian Xinhuadu Shopping Plaza Co., Ltd., Fujian Xinhuadu Engineering Co., Ltd., and Huafu Hotel (Real Estate) Co., Ltd. The participating companies include: Zijin Mining Group Co., Ltd., with a shareholding ratio of 13.16%; Wuyishan Tourism Development Co., Ltd., with a shareholding ratio of 35%. (Currently, it is a comprehensive enterprise integrating department stores, supermarkets, real estate, engineering, mining, tourism, investment, etc., with a total number of employees of more than 10,000.)

Company homepage: /