Relationship between China Rongtong Group and Mianyang Rongtong Group

It doesn't matter. China Rongtong Group has nothing to do with Mianyang Rongtong Group: China Rongtong Asset Management Group Co., Ltd. Abbreviation: China Rongtong Group is a commercial state-owned company directly managed by the central government, and the State Council SASAC performs the responsibilities of investor. Mianyang Rongtong Hi-Tech New Materials Co., Ltd. was established in 2022, located in Mianyang City, Sichuan Province. Is a company mainly engaged in the manufacture of chemical raw materials and chemical products. There is no business relationship between them. China Rongtong Group Company was established in March 2020. Official website of Rongtong Group shows that its business scope mainly includes "real estate, agriculture, hotels and tourism, commercial services, resource development, scientific and technological services, medical and health services, security services, culture and education, and financial insurance".