According to the Qichacha APP, recently, Longhua Technology Equipment Co., Ltd. was established, with Lan Chunming as the legal representative and a registered capital of 100 million yuan. The business scope includes: sales of synthetic materials; manufacturing of high-performance fibers and composite materials; sales of high-performance fibers and composite materials, etc. Qichacha's equity penetration shows that the company is wholly owned by Longhua Technology