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An enterprise group is a limited liability company with independent legal personality. There is no such thing as a "group" in the Company Law. There are only limited liability companies and joint stock companies. Some companies carry out diversified business strategies and establish corresponding subsidiaries in multiple fields. In this way, the parent and subsidiary companies will form an enterprise group because of this "blood" relationship, which is quite similar to a group army in the army. These are the origins of what we often call group companies.
"Group" is the common name for "group company". For example, "Haier Group", the full name must be "Haier Group Co., Ltd." or "Haier Group Co., Ltd.". The so-called "group company" in our country refers to an enterprise that invests in multiple subsidiaries. . Of course, usually everyone refers to the parent company and its subsidiaries that have a controlling relationship as "XX Group" enterprises. A group is not necessarily an enterprise, that is to say, it can be a public institution, such as the Radio and Television Group in some provinces and cities. , its English name only says GROUP, but not CO. If it is a strict company, the "Company Law" stipulates that the word "company" must be marked.

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