Recently, Xinjiang Eastern Rainbow Building Materials Co., Ltd. has officially come into existence, with Li Haizhang appointed as its legal representative and a registered capital of 10 million yuan. The company's broad spectrum of operations encompasses inspection and testing services, the production of building waterproof membrane products, as well as the manufacture and sale of innovative building materials. As illustrated by the equity structure, Xinjiang Eastern Rainbow Building Materials Co., Ltd. is an indirect wholly-owned subsidiary of Beijing Eastern Rainbow Waterproof Technology Co., Ltd.
