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What is the relationship between Zheng Xin, Taiwan Province Province and Zheng Xin, Xiamen?

Xiamen Zheng Xin Rubber Industry Co., Ltd. is a wholly-owned enterprise of Taiwanese businessmen, a subsidiary of Zheng Xin Tire International Group, and a wholly-owned company invested by its parent company, Zheng Xin Rubber Industry Co., Ltd. of Taiwan Province Province through Maggie International Co., Ltd. of British Cayman Islands. It was established on May 26, 1989 with a registered capital of10,000,000 US dollars and a total investment of 20 million US dollars, covering an area of 300,000 square meters. The whole plant was completed in five phases: the first phase started in August 1990, and was completed and opened in June/991. Central, provincial and municipal leaders headed by the State Council Vice Premier Gu Mu attended the opening ceremony of the company. 1 March 19921officially put into production; The second phase of the project started construction in August 1994, and was completed and put into production in August 10/995. The third phase of the project started construction in September, 1997, and was completed and put into production in June,1999; The first, second and third phases have completed a total construction area of nearly 200,000 square meters. After the fifth phase of the project is completed and put into production, the company's annual output value is expected to reach 3 billion yuan. After many times of capital increase and production expansion, the company now has a registered capital of 50 million US dollars, with a total investment of/kloc-0.50 billion US dollars. Mainly produces rubber products such as bicycles, motorcycles, agricultural and industrial vehicles, inner and outer tires of automobiles. The products are mainly middle and high grade. 199 employed 3,500 people, with total assets of 65.438+0.472 billion yuan, total output value of 65.438+0.65438+0.70 billion yuan, sales of 65.438+0.65438+0.6 billion yuan, foreign exchange earned by export of more than 67 million dollars and profits and taxes of more than 300 million yuan. It is a big taxpayer in Xiamen. In 2000, the sales exceeded 65.438+0.3 billion yuan, the foreign exchange earned abroad exceeded 68 million dollars, and the profits and taxes were 280 million yuan. In order to expand the domestic and foreign markets, Zheng Xin Rubber Industry Co., Ltd. of Taiwan Province Province, the parent company of Zheng Xin Tire International Group, has set up two more factories in Chinese mainland. One of them set up Zheng Xin Rubber (China) Co., Ltd. in Kunshan, Jiangsu Province on 1993, with a registered capital of 72 million US dollars, covering an area of 1460 square meters and a total investment of 2 1600. Another company established "Tianjin Dafeng Rubber Industry Co., Ltd." in Tianjin on 1998, with a registered capital of120,000 US dollars, covering an area of 93,000 square meters, and is currently implementing it; Zheng Xin Tire International Group 1998 ranked first in Chinese mainland tire industry, ranked among the top 75 tire factories in the world 14, and 199 had sales of 443 million US dollars, ranked first in Chinese mainland tire industry and ranked among the top 75 tire factories in the world 14. Zheng Xin Tire International Group continued to expand in the Mainland and adopted.