According to the Tianyancha App, recently, Xinjiang Chaowei Mining Co., Ltd. was established. The legal representative is Deng Zhifu, with a registered capital of 50 million yuan. Its business scope includes smelting of commonly used non-ferrous metals, sales of non-ferrous metal alloys, and mining of mineral resources in non-coal mines. According to shareholder information, the company is wholly owned by Chaowei Power Group Co., Ltd.

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