According to the Tianyancha App, Zhejiang Citibank Zhigu Holdings Co., Ltd. was recently established, with Chen Jiang as the legal representative and a registered capital of 1 billion RMB. Its business scope includes holding company services, enterprise headquarters management, supply chain management services, goods import and export, technology import and export, oil and gas technology services, petroleum product sales, rare earth functional material sales, metal ore sales, etc. According to shareholder information, the company is owned by Citibank Qiangniu Supply Chain Technology (Yueqing) Co., Ltd., a subsidiary of Citibank, and Ningbo Tongxi Trading Co., Ltd., holding 90% and 10% of the shares respectively.