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Are Wuxi Pioneer and Guangdong Pioneer the same company?
No, from the perspective of shareholder structure, the two pioneers are not the same company. Wuxi Pioneer Intelligent Equipment Co., Ltd. was established in 2002, and its business covers seven fields: lithium battery intelligent equipment, photovoltaic intelligent equipment, 3C intelligent equipment, intelligent logistics system, automobile intelligent production line, fuel cell intelligent equipment and laser precision machining. The shareholder structure is China Hongkong Securities Clearing Co., Ltd., Jiangsu Xindao Venture Capital Partnership, Contemporary Ampere Technology Co., Ltd., Limited New Energy Technology Co., Ltd. and Shanghai Zhuoao Enterprise Management Partnership. Guangdong Xiandao Rare Materials Co., Ltd. is a material science and technology enterprise specializing in research and development, production, sales and recycling services of rare metals and their high-end materials. The shareholder structure is Pioneer Rare Materials Technology Group Co., Ltd., Feng Feng, Hangzhou Pioneer Enterprise Management Partnership, Guangfa Xinde Investment Management Co., Ltd., etc. So Wuxi Pioneer and Guangdong Pioneer are not the same company. Ownership structure refers to the proportion of different shares in a joint-stock company and the relationship between them.
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