刚刚！“国家队”，重磅出手！

Core Viewpoint - The establishment of multiple subsidiaries by China Resource Recycling Group aims to enhance the country's resource recycling capabilities and ensure resource security, focusing on key sectors such as battery recycling, new energy devices, non-ferrous metals, and plastic recycling [1][5][6]. Group 1: Company Developments - Recently, China Resource Recycling Group has established nine subsidiaries, with registered capital ranging from 300 million to 1 billion RMB, focusing on various sectors including battery, vehicle, and electronic recycling [4][5]. - The group has signed strategic cooperation agreements with eight entities, including China Industrial and Commercial Bank and State Power Investment Corporation, to enhance its operational capabilities [4][5]. Group 2: Industry Growth - The recycling industry in China is rapidly expanding, with the output value expected to reach 5 trillion RMB by 2025, as outlined in the "14th Five-Year Plan for Circular Economy Development" [2][8]. - In 2020, China's resource output rate improved by approximately 26% compared to 2015, with significant recycling volumes reported for steel, paper, and non-ferrous metals [8]. Group 3: Strategic Goals - China Resource Recycling Group aims to create leading enterprises in various recycling sectors, establishing a strategic material recycling and reserve system to ensure resource security [6][8]. - The group is committed to innovation in technology, management, and business models, focusing on high-end, intelligent, and green development in the recycling industry [5][9].