According to the Qichacha APP, recently, Jiangsu Tengyao International Trade Co., Ltd. was established with a registered capital of 20 million yuan. The business scope includes: sales of synthetic fibers; sales of textile products and raw materials; import and export of goods; import and export agency; technology import and export, etc. Qichacha's equity penetration shows that the company is wholly owned by TKGF indirectly