A business person signing a contract at a wooden desk in an office, illustrating the document and signature review a buyer must complete before treating separate suppliers as separate sources.

Are the Three Factories on My Shortlist Really Three Companies? How to Check Beneficial Owners and Shared Management

Two shortlisted Chinese factories can have different shareholders and different ultimate controllers and still be one supplier. The link is usually a person, not a share: how to compare four registry fields across a shortlist and what the beneficial owner rules do and do not let a foreign buyer see.

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