According to the Qichacha APP, recently, Putian Ruiyu Environmental Protection Recycling Resource Technology Co., Ltd. was established, with Wang Jian as the legal representative and a registered capital of 3 million yuan. The business scope includes: research and development of carbon reduction, carbon conversion, carbon capture, and carbon sequestration technology; recycling of renewable resources; processing of renewable resources, etc. Qichacha's equity penetration shows that the company is wholly owned by SHANYING INTERNATIONAL indirectly