In December 2012, the Company changed actual controllers and began to pursue to business extension and innovation gradually.

In January 2013, the Company decided to develop its trade business of nonferrous metals through board resolution.

In August 2014, the Group sold JUMBO LUCKYLIMITED to revok school network integration service in Mainland.

In November 2014, Pizu Group established an exclusively foreign-owned enterprise in Qianhai Shenzhen, named as Pizu (Shenzhen) Mining.

In May 2015, Pizu Group acquired a blasting company, Ample Ocean Holdings Limited with the consideration of 837 million yuan.

In June 2015, the Group achieved the approval from Commission for Science, Technology and Industry for National Defense for the trial-produce of quick hydrogel emulsion explosive with new production line.

In July 2015, Pizu Group had acquired the production and sales of explosives and the blasting operation business of Ample Ocean Holdings Limited and its subsidiaries.

In October 2015, Pizu Group decided to establish a joint venture for the production and sales of emulsion explosives in Tajikistan

In November 2015, the subsidiary of Pizu Group, Inner Mongolia Juli Engineering Blasting Co., Ltd decided to acquire several mining assets.

In November 2015, it was approved to add production quotas of civil explosives for Inner Mongolia explosive business under Pizu Group.

In May 2016, a non-wholly-owned subsidiary of Pizu Group, Juli Engineering (Tibet) acquired mining assets with the consideration of 175 million yuan.

In May 2016, the Group successfully renewed money lender's license to continue lending transaction.