According to the Qichacha App, Zhejiang Zhengfan Bitai Technology Co., Ltd. has been newly established, with Li Xiaofan serving as its legal representative and a registered capital of 10 million yuan. The company's scope of business encompasses the research and development of biochemical product technologies, the production of pharmaceutical equipment, as well as the manufacture of gas and liquid separation and purification equipment. An equity analysis indicates that the company is indirectly fully owned by Zhengfan Technology.