Sanleng Group was jointly established on July 18, 2019, with its headquarters located in Shinan District, Qingdao City. It has wholly-owned subsidiaries in Shenzhen, Guangdong; Nanning, Guangxi; Quzhou, Zhejiang; Nanjing, Jiangsu; and Zibo, Shandong. These subsidiaries engage in mutually complementary businesses across multiple dimensions, including precious metals trading, hazardous chemical operations, copper metal manufacturing and processing, nationwide full-truckload and less-than-truckload transportation, and internet operations.