Xiamen Xiangyu establishes a new company including the business of selling metal ores.

According to the Qichacha app, recently, Xiamen Qicen Investment Co., Ltd. was established, with Zhuo Wei as the legal representative and a registered capital of 150 million yuan. Its business scope includes using its own funds to engage in investment activities, supply chain management services, sales of metal ore, sales agency, and domestic trade agency. Qichacha's equity penetration shows that the company is wholly owned by Xiamen Xiangyu.