凌霄泵业：凌霄和领恒是两家完全独立的企业

Core Viewpoint - Lingxiao Pump Industry (002884) clarified that Lingheng is a company invested by its actual controller, and both companies operate independently with distinct products and management teams [1] Company Overview - Lingxiao Pump Industry produces various types of pumps including plastic bathroom pumps, stainless steel pumps, clean water pumps, submersible pumps, and pipeline pumps [1] - Lingxiao and Lingheng have different product lines and operate under their own management systems and business processes [1] Related Transactions - The pricing for related transactions between Lingxiao and Lingheng is determined based on fair, just, and reasonable principles, referencing market prices [1] - Details regarding related transactions can be found in the 2024 annual report and the 2025 semi-annual report [1]