According to the Qichacha APP, recently, PYHB Recycling Resources Co., Ltd. was established with a registered capital of 20 million yuan. Its business scope includes water pollution control; sewage treatment and its recycling; sales of recycled resources; research and development of unconventional water source utilization technology; and research and development of resource recycling technology, among others. Qichacha's equity penetration shows that the company is jointly held by PYHB and others