Is Zhicun Lithium a family business?

Yes Family business refers to an enterprise whose capital or shares are mainly controlled by one family, and whose members hold the main leadership positions. The chairman of Ningde Yichun Company is and concurrently serves as the director of Uemura Lithium Industry, which belongs to the Nanshi family, and the Nanshi family serves as the director of Tongan Mining's Technology Co., Ltd., and Tongan Mining is the acquisition target. So this is a family business.