Incorporated by Professor Xu Kaihua in Shenzhen on December 28, 2001 and made its IPO on Shenzhen Stock Exchange in January 2010 (stock code: 002340), GEM Co., Ltd. represents Green, Eco, and Manufacture.By the end of 2021, GEM has a total share capital of 4.784 billion shares, net asset value was 14.2 billion Yuan, annual output value was more than 20 billion Yuan and over 7,000 registered employees. As China's first listed company in urban mine resource exploitation, In 2021, GEM Was Honored in:“Forbes 2021 TOP 50 list of China's most innovative companies(TOP 5 in the field of new energy vehicles and parts)”“2021 Hurun China Top 100 Private Enterprises for Sustainable Development (8th)”“Top 500 Chinese Enterprises in Patent Strength (159th) ”“Top 500 Listed Companies in China (488th) ”.It is a globally leading company in the cemented carbide material industry and the new energy material industry. It is the world-leading waste recycling enterprises, new energy material enterprises and urban mining enterprises.
29.392
In 2022, operating income: 29.392 billion Yuan
52.28
year-on-year increase: 52.28%
1.296
net profit: 1.296 billion Yuan
20 years of efforts for a green future, 20 years of amazing feats in recycling, 20 years of friendships worldwide.
We have worked tirelessly for "Eliminating Pollution, Recycling Resources" through thick and thin over the last two decades!
GEM is an advocator of the industrial philosophy that "Limited Resources, Unlimited Recycling" and a pioneer of exploiting urban mines in China. For the past 20 years, GEM has been pursuing the goal of peaking carbon dioxide emissions and achieve carbon neutrality by exploiting urban mines, developing new energy materials, and establishing a resource recycling mode and a clean energy material mode. GEM has tackled a series of worldwide technical challenges such as the waste battery recycling technology, the green treatment of electronic waste, the recycling technology of scrapped vehicles, and the core technology of ternary power battery materials; made breakthroughs in key technical bottlenecks in the green treatment and recycling of waste batteries, electronic wastes, and scrapped vehicles; constructed a globally-advanced new energy full-life-cycle value chain, a recycling value chain of cobalt, tungsten, and other rare metals, the recycling value chain of electronic wastes and plastics, as well as other resource recycling modes and new energy recycling modes. GEM has established 16 waste recycling and new energy material parks in 11 provinces and municipalities including Hubei, Hunan, Guangdong, Jiangxi, Henan, Tianjin, Jiangsu, Zhejiang, Shanxi, Inner Mongolia, and Fujian, covering 3000 kilometers and establishing cooperative relationship with nearly 500 million Chinese citizens in waste recycling. Its footprints of green recycling cover the entire China. With successful presence in South Africa, South Korea, and Indonesia, it radiates the whole world with green technologies.
GEM has cumulatively recycled 10% of China's used batteries (excluding lead-acid batteries), 4% of its scrapped vehicles, and 10% of its e-waste. We have recycled and disposed of over 75 million scrapped home appliances over the last decade, accounting for more than 10% of China's current total. If one lined up all the scrapped home appliances that we have recycled and disposed of one-by-one, they would encircle the globe twice around the equator. Through our work, we have reduced carbon dioxide emissions by more than 2 million tons, oil consumption by more than 3 million barrels, deforestation by 3,000 hectares, and soil pollution by more than 20,000 square kilometers over the past decade, thus making positive contributions to China's efforts to win the battle against air pollution and mitigate greenhouse gas emissions.
GEM has established urban mines generating tens of millions of tons of cobalt and nickel resources, effectively addressing the issue of nickel and cobalt resources recycling for the global sustainable development of new energy. In 2021, we recovered over 4,000 tons of cobalt resources and over 6,000 tons of nickel resources, accounting for more than 200% and more than 6% of China's raw (mined) cobalt and nickel yields, respectively.
Each year, the company disposes of more than 5 million tons of wastes, and recycles more than 30 kinds of scare resources, such as cobalt, nickel, copper, tungsten, gold, silver, palladium, rhodium, germanium, rare earth, along with ultrafine powder materials, power battery materials for new energy vehicles, and many other high-tech products. It is now a globally leading company along the supply chain of the cemented carbide industry and the new energy industry. With practical actions, GEM has proven that resource recycling can play a critical role in the national economy and the development of strategic emerging industries. GEM has been awarded a torrent of honorable titles, including the National Circular Economy Pilot Enterprise, the National Circular Economy Educational Demonstration Base, the National Urban Mines Demonstration Base, the National Green Factory, the National Technology Innovation Demonstration Enterprise, the National Intellectual Property Demonstration Enterprise, the National Primary and Secondary School Environmental Education Social Practice Base, and the National Eco-environmental Popular Science Base. Rewards earned by GEM include the 2018 Davos "Global Circular Economy Multinational Award" and the 2020 "Paulson Prize for Sustainability - Green Innovation Award". It has been recognized as one of the globally leading green and low-carbon enterprises as a remarkable and typical practicer for the development of China's recycling society and green concept. By doing this, GEM lifts China's capacity in recycling economy to a world level and makes positive contributions to the construction of a recycling society and a green and low-carbon industrial mode.
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Established 7 end-of-life vehicles recycling centers;
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electronic waste eco-friendly processing centers
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waste power batteries comprehensive utilization centers
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battery material manufacturing centers
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waste plastic recycling centers
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solid waste treatment centers
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nickel-cobalt-tungsten resource recycling center