Wenshi Corporation established a bioenergy company.

According to the corporate search app Qi Cha Cha, recently, Guangxi Fuchuan Funei Bioenergy Co., Ltd. was established, with Jiang Kaiqing as its legal representative and a registered capital of 20 million yuan. Its business scope includes biomass fuel processing, biomass molding fuel sales, new energy technology research and development, resource recycling technology research and development, etc. The equity penetration displayed by Qi Cha Cha shows that the company is fully owned by Guangdong Funei Bioenergy Co., Ltd., a subsidiary of Wen's Group.