No. According to the inquiry, Tianyancha found out:

1. The two companies have different legal persons. The predecessor of "Peacock Watch Industry (Group) Co., Ltd." was "Liaoning Watch Factory", which was founded in 1957 and is the main base for mechanical watch production in China.

2. Dalian Watch Industry Company in 1974 The company's leading products are quartz watches and mechanical watches, and its registered trademarks are "Shahong" and "Pearl".