Beiterui establishes a recycling technology company, including graphite and carbon products business.

Qichacha APP shows that Jiangsu Beisaimei Recycling Technology Co., Ltd. was recently established, with Liu Xiuming as the legal representative and a registered capital of 35 million yuan. Its business scope includes: recycling of production-related scrap metal; battery sales; manufacturing of graphite and carbon products; sales of graphite and carbon products; manufacturing of electronic specialty materials, etc. Qichacha equity penetration shows that the company is indirectly wholly owned by BTR.