According to the Qichacha APP, recently, Beijing Hongsheng Ruihe Biotechnology Co., Ltd. was established, with Ke Xiao as the legal representative and a registered capital of 38 million yuan. The business scope includes: research and development of biochemistry products technology; medical research and experimental development; research and application of cell technology; research and development of bio-based materials technology, etc. Qichacha's equity penetration shows that the company is wholly owned by Sichuan Honghe Biotechnology Co., Ltd., a subsidiary of KHPG