According to the current public information, there is no direct relationship between Chongqing Yuancheng Jewelry Co., Ltd. and Chow Tai Fook. Chongqing Yuancheng Jewelry Co., Ltd. is a local jewelry enterprise, mainly engaged in the design, processing and sales of jewelry. Chow Tai Fook is a famous jewelry brand in Hong Kong, mainly engaged in high-end jewelry products, and is one of the most influential jewelry enterprises in China. Although there may be competition between them, there is no obvious equity or business cooperation relationship.