Yuanxing Energy and other companies have established a mining company including a non-edible salt processing business.

According to the Qichacha APP, recently, Xilin Gol Boyuan Saihan Mining Co., Ltd. was established, with Wang Haiming as the legal representative and a registered capital of 10 million yuan. Its business scope includes: mineral resource exploration; non-coal mine mineral resource extraction; chemical product production; non-edible salt processing; non-edible salt sales, etc. The equity penetration information from Qichacha shows that the company is jointly held by Yuanxing Energy and Inner Mongolia Boyuan Holdings Group Co., Ltd.