1, Tiancheng Jewelry was established in 1988, headquartered in Hong Kong, with nearly 300 stores in Chinese mainland, Hong Kong and overseas. The company mainly engaged in high-grade jewelry, jewelry and so on.

2. Lao Fengxiang is a traditional time-honored brand with a long history. Founded in 1842, headquartered in Shanghai, it has nearly 200 stores in mainland China, Hongkong and Macau, mainly dealing in gold, silver, jewelry, jade, watches and other products. Although their business areas overlap, both belong to the jewelry industry, but they are two independent companies, with their own brands and business models.