CRE(SH:600217) 证券时报·2026-01-10 03:18Core Viewpoint - 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, which may impact the company's operations and reputation [1]. Company Overview - China Recycled Resources Development Group was established in 1989 and plays a crucial role in promoting the development of the recycling industry and ensuring national resource security [2]. - The company has over 200 invested enterprises, with an annual sales revenue of 60 billion yuan and a recycling business volume exceeding 30 million tons per year [2]. - Its business scope includes 11 main lines such as home appliance dismantling, vehicle reuse, battery recycling, and digital supply chain operations [2]. Recent Developments - On December 19, 2025, Xing Hongwei submitted a resignation report to the board of directors of China Recycled Resources Environment Co., Ltd., a wholly-owned subsidiary, citing personal reasons for stepping down from all positions within the company [2].