CRE(SH:600217) Zheng Quan Shi Bao·2026-01-10 03:31Group 1 - The chairman and general manager of China Recycled Resources Development Group Co., Ltd., Xing Hongwei, is under investigation for serious violations of discipline and law [1][4] - The company was established in 1989 and plays a crucial role in the development of the recycling industry and ensuring national resource security [3] - The company has over 200 invested enterprises, an annual sales revenue of 60 billion yuan, and a recycling business volume exceeding 30 million tons per year [3] Group 2 - The company operates across 11 main business lines, including home appliance dismantling, vehicle reuse, battery recycling, and digital supply chain operations [3] - On December 19, 2025, Xing Hongwei submitted a resignation report to the board of directors, citing personal reasons for stepping down from all positions within the company [3]