The company, Fasilong, has been established in Shanghai.

According to the Qichacha APP, recently, Shanghai Shixiang Decorative New Materials Co., Ltd. was established, with Liao Zhiyong as the legal representative. Its business scope includes sales of surface functional materials, sales of new film materials, sales of corrosion-resistant materials, sales of fire-resistant materials, sales of insulation materials, etc. Equity penetration data from Qichacha shows that the company is jointly held by Zhejiang Ruishi Supply Chain Management Co., Ltd., a wholly-owned subsidiary of Foshilon, and others.