GEM(002340) 中国经济网·2024-12-20 23:13Core Viewpoint - The article highlights the transformation of waste into valuable resources by Greenme, emphasizing its role in the circular economy and the growing market for urban mining [1][2][4]. Company Overview - Greenme was established in 2001, initially focusing on the recycling of waste batteries, and has evolved into a significant player in urban mining and new energy materials manufacturing [5]. - The company has maintained profitability since its listing in 2010, with a revenue increase of over 50 times and net profit growth exceeding 10 times by 2023 [5]. Urban Mining Concept - Urban mining refers to the extraction of valuable metals such as lithium, titanium, nickel, gold, silver, and cobalt from electronic waste and discarded appliances [3]. - In 2023, Greenme recycled over 20,000 tons of nickel, accounting for more than 20% of China's primary nickel production, and over 8,000 tons of cobalt, which is 3.5 times the domestic output [4]. Technological Innovation - The company emphasizes the importance of technology in transforming waste into valuable resources, focusing on resource utilization through advanced recycling and chemical smelting processes [7]. - Greenme has established 16 recycling industrial bases across China to efficiently meet the demand for battery recycling [7]. Strategic Partnerships - Greenme collaborates with over 800 partners, including major companies like BYD and Mercedes-Benz, to create a directed recycling cooperation model [7]. - The company has also formed strategic partnerships with logistics firms like JD Logistics and SF Express to enhance its recycling capabilities [8]. Market Potential - The market for battery recycling is expected to grow significantly, with predictions of a peak in battery waste between 2027 and 2030 [10]. - The market for battery dismantling and recycling is projected to reach a scale of hundreds of billions by 2030 [10]. Resource Development - Greenme is actively developing nickel resource projects in Indonesia, aiming for an additional nickel smelting capacity of 110,000 tons this year, with a target of 65,000 tons of metal nickel hydroxide for shipment [11].