The relationship between Guohua Investment Fund and Guohua Investment is that they are different entities. Guohua Investment Company provides certain financial and resource support to Guohua Investment Fund Company, and also supervises and manages the business of Guohua Investment Fund Company. Therefore, Guohua Investment Fund Company can be regarded as the business of Guohua Investment Company It can also be said that it is the department of Guohua Investment Company that specializes in fund management, investment management and other businesses. Guohua Investment Company was established in 1998 and is a state-owned enterprise authorized by the State-owned Assets Supervision and Administration Commission of the State Council. It is mainly engaged in asset management, securities Investment, financial services and other businesses, while Guohua Investment Fund Company was established in 2004 and is a wholly-owned subsidiary of Guohua Investment Company, specializing in fund management, investment management and other businesses.