Yankuang Energy established a renewable resources company in Jinan with a registered capital of 100 million yuan.

According to the Qichacha app, recently, Yan Mining Renewable Resources Co., Ltd. was established, with Liu Yukun as its legal representative and a registered capital of 100 million RMB. Its business scope includes: recycling of renewable resources; production and recycling of industrial scrap metal; sales of recycled resources; sales of non-ferrous metal alloys, etc. According to Qichacha's equity penetration display, the company is fully owned by Yan Mining Energy's subsidiary, Yan Mining Ruifeng International Trade Co., Ltd.