According to (Tianyancha), Central Real Estate and Shell are not the same company. They are two different real estate companies and have a certain cooperative relationship in business. Central Real Estate is mainly engaged in real estate development and operation, and Shell is a real estate intermediary platform. The cooperation between them is mainly reflected in the fact that Central Real Estate sells its own real estate projects on the shell platform, and Shell also provides housing leasing and second-hand housing transactions for Central Real Estate. This mode of cooperation can give both parties more resources and opportunities in the market, but they are still two independent companies.