What is the relationship between Yichang Chengfa and Chengtou?

Partnership. Yichang City Investment and Development Group Co., Ltd. (hereinafter referred to as Yichang City Investment) is a state-owned comprehensive investment holding group in Yichang City, which is responsible for the construction and management of urban infrastructure and the development and operation of public utilities, including urban water supply, gas supply, heating and power supply. Yichang Urban Development Investment Group Co., Ltd. (referred to as Yichang Chengfa) is a wholly state-owned comprehensive urban development investment company in Yichang, which is mainly responsible for the investment and management of urban land development, real estate development and urban construction projects. To sum up, Yichang Chengtou and Yichang Chengfa have certain cooperation and cooperation in the urban development of Yichang, but they are independent subjects with different responsibilities and business scope.