According to the Qichacha APP, recently, Guangdong Huan Plastic Recycling Resources Co., Ltd. was established with a registered capital of 60 million yuan. The business scope includes: recycling resource processing; research and development of resource recycling technology; processing and treatment of non-metal waste and debris; research and development of biological organic fertilizers, etc. Qichacha's equity penetration shows that the company is wholly owned by HCPECT indirectly