Core Insights - A new company, Fujing Resource Recycling (Hebei) Co., Ltd., has been established with a registered capital of 10 million RMB [1] Company Overview - The legal representative of the company is Li Yongyuan [1] - The company’s business scope includes general projects such as resource recycling service technology consulting, water resource management, and recycling of renewable resources [1] - Specific activities include the recovery of used power batteries from new energy vehicles, battery leasing, and solid waste management [1] Business Activities - The company is involved in the recycling and processing of metallic waste and scrap, as well as the sale and processing of renewable resources [1] - It also engages in emerging energy technology research and development, energy management contracts, and ordinary goods warehousing services [1] - The company has a range of licensed activities, including the handling of discarded electrical and electronic products, power generation, transmission, and supply [1]

Core Viewpoint - China Resource Recycling Group (China Zihuan Group) has shown strong development momentum since its establishment on October 18, 2024, marking a significant focus on the resource recycling industry by central enterprises [2][7]. Group 1: Company Development and Strategy - China Zihuan Group has established 9 subsidiaries within 8 months, demonstrating exceptional strategic execution [3]. - The subsidiaries cover various sectors including equipment asset management, plastic recycling, battery recovery, and green technology research, indicating a comprehensive approach to resource recycling [3][4]. - The group aims to create a national resource recycling and reuse platform, enhancing the efficiency of resource utilization and leading the industry towards a green and sustainable path [5][6]. Group 2: Industry Impact and Government Support - The establishment of China Zihuan Group reflects the central government's strategic intent to prioritize resource recycling, with the group engaging with over 1,000 local governments and enterprises [7]. - The group is focused on integrating state-owned assets and businesses to enhance the recycling of various materials, including steel, textiles, and electronic waste [7][8]. - The government has set ambitious targets for the recycling industry, aiming for a comprehensive utilization rate of 60% for solid waste and an annual output value of 5 trillion yuan for the resource recycling industry by 2024 [8]. Group 3: Future Outlook and Collaboration - The group plans to deepen cooperation with governments, enterprises, and society to secure more policy support and funding, while also enhancing technological research and development [9]. - With increasing environmental awareness, China Zihuan Group is positioned to seize market opportunities and drive rapid development in the resource recycling industry [9].