According to the Qichacha APP, recently, Qingyuan Wandao Electronic Technology Co., Ltd. was established, with Zou Quanlin as the legal representative and a registered capital of 5 million yuan. The business scope includes: research and development of new material technology; smelting of common non-ferrous metals; manufacturing of non-ferrous metal alloys; sales of non-ferrous metal alloys; and processing of non-ferrous metal rolling, etc. Qichacha's equity penetration shows that the company is wholly owned by SWEC indirectly
