CITIC Group and Baiyin Nonferrous Metals have established an energy technology trading company.

According to the Enterprise Check App, Shenzhen Yuansin Energy Technology Trading Co., Ltd. was recently established with Han Jiangmei as the legal representative and a registered capital of 50 million yuan. Its business scope includes sales of coal and products, research and development of waste asphalt recycling technology, research and development of emerging energy technology, sales of metal materials, sales of construction materials, etc. Equity penetration information from Enterprise Check shows that the company is wholly owned by Beijing Yuansin Mining Technology Co., Ltd., which is jointly held by China CITIC Group Limited and Baiyin Nonferrous Metal Group.