Shun Yu Holdings and others have established a new company called Zhishui Technology.

According to the Qichacha APP, recently, Yancheng Huasheng Shunyu Intelligent Water Technology Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes water resource management, manufacturing of water resource specific machinery and equipment, development of intelligent water service systems, and sales of plastic packaging containers for food tools. Equity penetration data from Qichacha shows that the company is jointly held by Shunyu Holdings and others.