According to the Qichacha APP, recently, CEVIA Recycling Resources Co., Ltd. was established, with Zhang Jianjun as the legal representative and a registered capital of 5 million yuan. The business scope includes: recycling resource processing; recycling resource sales; recovery of productive waste metals; timber sales; timber acquisition; research and development of resource recycling technology; solid waste management, etc. Qichacha's equity penetration shows that the company is wholly owned by CEVIA indirectly