Core Value of Rhodium Recovery - Rhodium is one of the rarest precious metals globally, with market prices exceeding 1445 RMB per gram by 2025, and its recovery value is significantly higher [1] - Companies like Hede Recycling Technology Co., Ltd. in Jiaozuo have improved rhodium recovery purity to over 99.95%, establishing a closed-loop economy model [1] - Leading companies such as Fuxin Precious Metals have adopted a full industry chain model of "recovery-refining-sales," increasing profit margins by 20% compared to single recovery models [1] Application Scenarios Driving Rhodium Recovery Demand - **Automotive Industry**: Each National VI standard vehicle requires 5-8 grams of rhodium for catalytic converters, with companies in Jiaozuo enhancing recovery rates by 2%-3% through vacuum drying methods [1] - **Chemical Industry**: A chemical company in Jiaozuo has achieved a stable recovery rate of 85%-90% for 5% palladium-carbon waste using innovative extraction techniques [3] - **New Energy Sector**: Rhodium-based catalysts in fuel cells show a 41% improvement in catalytic activity compared to traditional platinum-based materials, with a pilot production base being established in Jiaozuo [5] Technological Breakthroughs in Recovery Methods - **Physical Methods**: High-temperature melting at 1200-1500°C has improved recovery rates to 95%, with a processing capacity of 500 tons annually [6] - **Chemical Methods**: Advanced techniques have reduced processing costs by 30% for rhodium-iridium alloy waste [8] - **Biological Methods**: Innovative microbial metallurgy techniques have achieved over 99% recovery rates while reducing energy consumption by 60% [8] Policy Empowerment and Financial Innovations - **Fiscal Subsidies**: Companies recovering over 50 tons annually receive a 15% VAT rebate, increasing profits by 12% for compliant firms [9] - **Smart Platforms**: IoT-driven waste recovery platforms in Jiaozuo enhance response times by 50% and reduce logistics costs by 15% [10] - **Futures Hedging**: The Shanghai Futures Exchange plans to launch palladium-carbon futures contracts in 2025, allowing companies to hedge against price fluctuations [11] Future Trends in the Industry - **EU Carbon Certification**: Companies obtaining international sustainability certifications can access premium pricing, generating an additional 5000-8000 RMB per ton [14] - **Microbial Technology**: The integration of ultrasonic-assisted extraction with microbial metallurgy is expected to lead to fully automated production processes [14] - **Urban Mining**: The Jiaozuo model demonstrates that through technological innovation and policy collaboration, urban mining can unlock trillion-level resource values [14]

2025年5月6日，格林美（SZ.002340）通过印尼苏拉威西和中国深圳两地现场连线并在线直播的形式，举办了2024年度暨2025年第一季度业绩说明会。公司 董事长、总经理许开华教授，董事、常务副总经理周波，高级副总、青美邦园区总经理彭亚光，高级副总、中央研究院院长张坤博士，董事、高级副总、董 事会秘书潘骅等十一名公司高管出席。在活动中，许开华教授和张坤博士分别做了经营发展报告和创新发展报告，向两地现场的近千名参会人及线上数十万 投资者充分阐述了格林美的核心竞争力及对未来产业格局、技术创新、ESG价值的深入理解与成功实践。 此前发布的公司2024年度报告显示：2024年，公司实现营业收入332亿元，同比（下同）增长8.75%，创历史新高；归母净利润10.20亿元，增长9.19%；扣非 净利润12.91亿元，增长636.24%；经营现金流量净额30.55亿元，增长41.14%；综合毛利率提升3.05%，达到15.29%。2025年业绩继续开门红：一季报显示， 公司实现营业收入94.96亿元，同比增长13.67%；归母净利润5.11亿元，同比增长12.10%。 尖端技术服务国家创新战略 跨国育才奠定发展基业 作 ...