Golden Hair Technology establishes a new company, including research and development business of new materials technology.

According to the Qichacha app, recently, Jinfake Technology Co., Ltd. was established, with Zhu Zhihui as the legal representative and a registered capital of 60 million RMB. Its business scope includes: research and development of new material technology; research and development of bio-based material technology; promotion services of new material technology; sales of synthetic materials; sales of plastic products, etc. Qichacha's equity penetration display shows that the company is indirectly wholly-owned by Jinfake Technology.