Yantai Jikai Mining Equipment Technology Co., Ltd.(shortened as YJMET) was restructured from Yantai Taishi Plastic Products Co., Ltd, at the request of documents, namely, of the General Office of the State Council on the System Reform of Enterprises Affiliated to Colleges and Universities (Decision by the General Office of the State Council [2018]No. 42), the Department of Education of the People Govemment of Shandong Province on the Implementation of the System Reform of Enterprises Affiliated to Colleges and Universities (Official Letter by the Department of Education of Shandong [2019], No. 32) and Shandong Business and Technology University on Promoting the System Reform of Universities-run Enterprises.