What is the relationship between Rainbow Group and rainbow shares?

Rainbow Group 2012121231was approved by the State-owned Assets Supervision and Administration Commission of the State Council, and was incorporated into China Electronic Information Industry Group Co., Ltd., according to official website of Rainbow Group, this enterprise has more than 40 wholly-owned, holding and shareholding companies, with two listed companies under it, including rainbow shares (600707. SH) and Rainbow New Energy (0438). HK)。 Rainbow shares is called Rainbow Display Device Co., Ltd. ..

Rainbow display device co., ltd is mainly engaged in the research, development, production and sales of liquid crystal substrate glass. Liquid crystal substrate glass is an indispensable key material in flat panel display industry and an important part of liquid crystal panel. The company's main products are G4.5, G5, G6 and G8.5 LCD substrate glass, which are mainly sold to LCD panel manufacturers at home and abroad for manufacturing LCD panels.

The shareholders of Rainbow Display Device Co., Ltd. (September 30, 2020) are Xianyang Financial Holding Group Co., Ltd. (accounting for 365,438+0.065,438+0% of the total share capital), Xianyang CLP Rainbow Group Holdings Co., Ltd. (23.66%), Xianyang Urban Construction Investment Holding Group Co., Ltd. (65,438+00.34%) and Xianyang Urban Construction Investment Holding Group Co., Ltd.

Rainbow Group Co., Ltd., formerly known as Shaanxi Color Picture Tube General Factory (State-owned 4400 Factory), was completed and put into operation in Xianyang City, Shaanxi Province on 1982. 1996 65438+ 10 changed its name to rainbow group company. After the establishment of the State Council State-owned Assets Supervision and Administration Commission in 2003, Rainbow Group was regarded as one of the directly supervised central enterprises.