BAOFENG ENERGY(SH:600989) Sou Hu Cai Jing·2026-01-01 22:13Group 1 - Ningxia Baofeng Energy Group Co., Ltd. has invested 100 million RMB to establish Ningxia Sino Chemical Co., Ltd., holding 100% of the shares [1] - Ningxia Sino Chemical Co., Ltd. was founded on December 30, 2025, with a registered capital of 100 million RMB and is located in Yinchuan City [1] - The company operates in the chemical raw materials and chemical products manufacturing industry, focusing on the production and sales of specialized chemical products, daily chemical products, and petroleum products, excluding hazardous chemicals [1] Group 2 - The legal representative of Ningxia Sino Chemical Co., Ltd. is Yi Chaoshan [1] - The company is authorized to engage in various activities including technical services, development, consulting, and promotion, as well as the production and sales of non-licensed chemical products [1]