According to the Qichacha APP, recently, ORIENTAL YUHONG New Materials Technology Co., Ltd. was established, with Li Yong as the legal representative and a registered capital of 30 million yuan. The business scope includes new material technology promotion services, sales of building decoration materials, sales of building waterproof membrane products, and more. Qichacha's equity penetration shows that the company is wholly owned by ORIENTAL YUHONG