Relationship between Jinan Tengsheng and Shandong Qidi

The relationship between the two companies is:

Jinan Tengsheng is a controlling subsidiary of Shandong Qidi, which holds a 51% equity interest in Jinan Tengsheng, with the other 49% equity interest being held by Shandong Dasheng Environmental Science and Technology Company Limited.56 Shandong Qidi and Shandong Dasheng have adjusted their equity stakes in Jinan Tengsheng to expedite the construction of a centralized disposal project for medical waste in Jinan. Centralized disposal project construction.

Jinan Tengsheng is an environmental protection enterprise specializing in the centralized disposal of medical waste, founded on May 28, 2019, with a registered capital of 5,176,370,600 yuan, legal representative Yu Kaiyu, unified social credit code 91370113MA3QMTYD87, and a registered office located at No. 105, 1st Floor, Dacui Village Committee, Mashan Town, Changqing District, Jinan City, Shandong Province, China .

Shandong Qidi is an environmental protection enterprise specializing in domestic waste treatment, founded on December 30, 2019, with a registered capital of 10 million yuan, legal representative Yang Zengfeng, unified social credit code 91370113MA3QMTYD87, registered in Jinan City, Shandong Province, High-tech Zone, Shunhai Road, No. 219, Huachuang Guanli Center, Block A, 18th Floor. Room 1805.