Group 1 - The Chinese government has issued the "Recycled Materials Application Promotion Action Plan," aiming to enhance the application of recycled materials and promote a circular economy by 2030 [1][3][5] - The plan outlines a roadmap for increasing the supply of high-quality recycled materials, including recycled steel, non-ferrous metals, plastics, and paper, to support the expansion of recycled materials usage [3][5] - By 2024, the total recovery of ten major types of recycled resources in China is expected to exceed 400 million tons, with scrap steel and paper accounting for approximately 21% and 70% of the raw materials used in production, respectively [3][5] Group 2 - Companies are enhancing their capabilities in the recycled materials sector, with many developing specialized networks for collection and processing [6][7] - For instance, Guangxi Fanfeng Environmental Technology Co., Ltd. has established a comprehensive recycling network and plans to launch a large-scale appliance dismantling base by 2026, aiming for an annual dismantling capacity of over 3 million units [7][8] - Jin Tian Copper Industry has developed a closed-loop industry chain for recycled copper, achieving a 75% reduction in carbon emissions while maintaining product quality comparable to virgin materials [8][9] Group 3 - Recycled materials are increasingly being integrated into everyday products, with companies like Beijing Baopu Recycled Environmental Technology Co., Ltd. producing high-quality recycled items for events like marathons [10] - The China Resource Recycling Group is focusing on advanced technologies for resource recycling, including AI and near-infrared spectroscopy for intelligent sorting of materials [11] - Klaus-Maffei Group is leveraging its advanced recycling technologies to enhance the processing of recycled plastics, aligning with the government's plan to expand the use of recycled materials [12][13]

Group 1 - The Chinese government has issued the "Recycled Materials Application Promotion Action Plan," aiming to enhance the application of recycled materials and promote a circular economy by 2030 [1][3] - The plan outlines a roadmap for increasing the supply of high-quality recycled materials, improving waste recycling systems, and expanding the application of recycled materials in various industries [3][5] - By 2024, the total recovery of ten major types of recycled resources in China is expected to exceed 400 million tons, with significant contributions from scrap steel and paper [3][5] Group 2 - Companies like Ningbo Nuoding are actively engaging with partners in the recycling and manufacturing sectors to enhance collaboration and improve the efficiency of recycling processes [2][3] - The industry is witnessing a rise in specialized and large-scale operations, with companies developing extensive offline and online recycling networks to facilitate resource recovery [7][8] - Advanced technologies, such as AI and near-infrared spectroscopy, are being utilized to improve the sorting and recycling of materials, enhancing the quality and efficiency of recycled products [10][11] Group 3 - The plan emphasizes the need for a robust management system for recycled materials, including the establishment of standards and certification systems to promote their use [5][6] - Companies are increasingly focusing on the development of low-carbon recycled products, which can significantly reduce carbon emissions while meeting high purity standards required by high-tech industries [8][11] - The promotion of recycled materials is expected to play a crucial role in resource security and energy conservation, with specific targets set for the recovery and utilization of various materials by 2030 [5][6]