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What is the relationship between Ningbo Oaks Xuhui and other enterprises?
Ningbo Oaks Xuhui is two independent enterprises, but both of them are engaged in real estate business and belong to Oaks Group. Founded in 2004, Ningbo Oaks Group Co., Ltd. is a group enterprise with real estate as its main business and coordinated development of operation and investment management. Founded in 2000, Xuhui Group, a subsidiary of Fosun Group, is a comprehensive group enterprise with real estate as its main business. Therefore, although the name of Ningbo Oaks Xuhui is different, they are all enterprises under the Oaks Group, and their businesses are similar.
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