According to the Qichacha APP, recently, Hunan Lihong New Materials Co., Ltd. was established with a registered capital of 100 million yuan. The business scope includes: research and development of new material technology; promotion services for new material technology; sales of new catalytic materials and additives; import and export of goods; technology import and export. Qichacha's equity penetration shows that the company is jointly held by YUEYANG XINGCHANG and others