What's the difference between citic guoan and Zhonghe Guoan?

The difference between citic guoan and Zhonghe Guoan lies in the different business scope.

The full name of "Zhonghe" is "Zhonghe Group Co., Ltd." and the English name is Sinobo. Is a developer and operator focusing on high-end real estate in Beijing. Business scope: finance, tourism, wine, culture, real estate, pension, etc.

CITIC Guoan Group Co., Ltd. (hereinafter referred to as "CITIC Group") is a subsidiary of China CITIC Group, formerly known as Beijing Guoan Hotel, which was established in April of 1987 with an investment of150,000 yuan from China International Trust and Investment Corporation. Citic guoan Capital Management Co., Ltd., citic guoan (Beijing) Fund Management Co., Ltd. and citic guoan (Tibet) Innovation Fund Management Co., Ltd. have invested in China-Africa Yin Xin Investment Management Co., Ltd., and finance companies, insurance companies and securities companies will be established in the future to carry out securities investment and capital operation.

Zhonghe Group Co., Ltd. (hereinafter referred to as "Zhonghe Group") was established in September 2005 and is headquartered in Beijing, China. Zhonghe Group is committed to high-end real estate, commercial development, cultural tourism, sports and other industries, and its products cover high-end residential, villa, commercial, office and other property types. Zhonghe Group started to invest in the sports and cultural tourism industry from 20 1 1, holding 0/00% equity of beijing guoan football club. It is the investment operator of the key construction project of Beijing Winter Olympics-Chongli Prince City Ice and Snow Town, responsible for the renovation and future operation of Beijing Workers Stadium.