App Tianyancha shows that China Rare Earth (Leshan) New Materials Co., Ltd. was recently established, with Yang Zhenhai as the legal representative and a registered capital of 500 million yuan. The company's business scope covers the smelting of rare and rare earth metals, the sale of rare earth functional materials, the manufacture of electronic special materials, and the research and development of new material technologies. Shareholder information reveals that the company is jointly held by China Rare Earth Group Industrial Development Co., Ltd. and Leshan Shiyize Enterprise Management Co., Ltd.
