According to the Qichacha APP, recently, Yantai Dongcheng Hexu Technology Development Co., Ltd. was established, with Luo Zhigang as the legal representative and a registered capital of 10 million yuan. The business scope includes: engineering and technology research and experimental development; venture capital; investment activities with self-owned funds; drug production. Qichacha's equity penetration shows that the company is wholly owned by Dongcheng Biochem
