On October 29, Yanyuan Conch Building Materials Co., Ltd. was established, with the legal representative being Chen Yi, the registered capital being RMB 200 million, and the registered address being Baozigou, Group 3, Xiahai Village, Longtang Town, Yanyuan County, Liangshan Yi Autonomous Prefecture, Sichuan Province. Its business scope includes cement production, non-coal mine mineral resources exploitation, cement products manufacturing, electric vehicle charging infrastructure operation; Solar power generation technology services; research and development of residual heat, pressure and gas utilization technology, etc.