Yes China Gold Group Co., Ltd., referred to as China Gold for short, is the only central enterprise in China's gold industry, the president unit of China Gold Association and the only governing unit of World Gold Association in China. China National Gold Group Gold Jewelry Co., Ltd. (hereinafter referred to as "Admiralty Jewelry") is a large-scale professional gold jewelry production and sales enterprise specializing in "China Gold" brand in China, and it is a holding subsidiary of China National Gold Group Co., Ltd. Upon inquiry, they are not the same brand, but belong to the same group company.