Zibo Qizhi Materials Co., Ltd. was established on December 31, 2020 with a registered capital of 100 million yuan. It is an innovative platform enterprise jointly funded by three shareholders. Among them, Zibo City Assets Operation Co., Ltd. shares accounted for 51%, the investment amount of 51 million yuan; Shandong Jingu Holding Group Co., Ltd. shares accounted for 35%, the investment amount of 35 million yuan; Shandong Huangong Industrial Development Co., Ltd. accounted for 14%, and the investment amount was 14 million yuan.

　　Relying on the advantages of the large-scale urban construction project of Zibo City Assets Operation Co., Ltd and the rich experience in the production, processing and trade of bulk ores of the Group, the company mainly engages in domestic and foreign trade of products such as building materials, ores, petrochemical industry and so on. The company aims to build a comprehensive platform of bulk materials procurement, storage, logistics and sales, and cultivate the collective procurement ability of building materials and upstream raw materials, so as to effectively reduce the procurement cost. In addition, through the operation mode of "modern logistics + supply chain financing", the supply chain system is established and improved, and the internal and external circulation is set up with the Internet thinking in response to the national call. A new industry and finance innovation service platform based on transaction-driven, closed-loop control of business flow, information flow, capital flow and logistics aggregation is built.