The Institute of Iron and Steel Research and Antai Technology invest in Da Di Xiongzi Company.

According to the Corporate Check APP, recently, Hefei Gangyan Rare Earth Permanent Magnet Materials Research Institute Co., Ltd. has undergone a change in its business registration, with AnTai Technology and Steel Research Institute Co., Ltd. being added as shareholders. The registered capital has increased from 2 million RMB to 5 million RMB, and at the same time, there have been changes in the legal representative and senior management. According to the information from Corporate Check, Hefei Gangyan Rare Earth Permanent Magnet Materials Research Institute Co., Ltd. was established in September 2023, with its business scope including research and development of new materials technology, research and development of electronic special materials, and promotion services of new materials technology. The original shareholder Da Di Xiong currently holds a 40% stake.