Does Sanxiang New Materials have anything to do with Sanxiang Technology?

No, according to official website's inquiry, Sanxiang New Materials Co., Ltd. was founded in 1988. It is a national high-tech enterprise, a "little giant" enterprise specialized in innovation by the Ministry of Industry and Information Technology, a national civilized unit and a national demonstration enterprise of harmonious labor relations. The company always adheres to the green management concept of energy conservation and environmental protection, operates in good faith according to law, and focuses on the research, development, production and sales of new materials, forming three business segments: zirconium series, magnesium series and advanced ceramics series. Qingdao Sanxiang Technology Co., Ltd. is an enterprise focusing on product research and innovation, with a number of core patents independently developed. Relying on the resources of nationally recognized testing laboratories, we have accumulated a large number of performance data of various products. So it doesn't matter.