The circular industry connects China and radiates the world, becoming a green industry that affects the world

GEM applies the industrial concept of “Limited Resources, Unlimited Recycling” in its operations and has been engaged in urban resource recycling activities in China for more than two decades. During this period, the company has developed operational capabilities related to the recycling of waste batteries, electronic waste, end-of-life vehicles, nickel, cobalt, tungsten and other rare metal waste, as well as power battery recycling and the manufacturing of battery materials. Through continuous investment in systems and processes, GEM has established proprietary technical capabilities and intellectual property in the field of resource recycling. To support these operations, GEM has invested approximately RMB 10 billion in the construction of 16 recycling and new energy material industrial parks across 11 provinces and municipalities in China, including Hubei, Hunan, Guangdong, Jiangxi, Henan, Tianjin, Jiangsu, Zhejiang, Shanxi, Inner Mongolia, and Fujian. The company’s recycling network covers a wide geographic area and involves cooperation with a broad range of partners and communities. In parallel with its domestic operations, GEM has expanded selected recycling and materials activities internationally, including projects in South Africa, South Korea, and Indonesia, contributing to the development of circular economy practices across multiple markets.

Do business with charitable purpose. In 2021, we made a concerted effort to assist farmers in remote mountainous areas, children who cannot afford tuition, and the elderly with no family members. We established point-to-point targeted alleviation initiatives, provided assistance to more than 1,000 farmers, more than 100 children and more than 100 elderly orphans. Donated money to students during the back-to-school season, delivered New Year’s monetary presents , promptly bought tea from farmers, and urgently helped farmers with unsalable goods. We feel that we should not abandon any goods just because it is trivial, so we put our responsibility on a firm footing, allowing the warm sunshine to enlighten every nook and cranny of our society. We have successively  invested in mote than 2 billion YUAN in poverty-stricken counties such as Lankao, Xinhua, and Fu’an, helping these counties get rid of poverty and become prosperous by creating more than 5,000 new jobs opportunities.

In 2021, despite the raging COVID-19 pandemic, our young PhDs formed a group to build a world-class nickel hydro metallurgy technology test center in IMIP (Sulawesi Island), Morowali County, Central Sulawesi, Indonesia. They introduced Chinese metallurgical engineering technologies to Indonesia and inaugurated the first Indonesian Postgraduate Class of Metallurgical Engineering - the “Indonesia - GEM - Central South University” Joint Training Class. This comprised a precedent-setting chapter for scientific and technological exchanges between China and Indonesia, and received high praise from the Indonesian government and experts.

Friends are forever. We are group of committed individuals. We adhere to the spirit of the contract and safeguard shareholders’ rights and interests. We cordially established cooperative relationships with upstream and downstream partners worldwide where we assisted one another in achieving a win-win situation, developing a global Environment, Social and Governance (ESG) value chain, combating the COVID-19 pandemic and demonstrating ground-breaking international cooperation and friendship.

Be grateful! We are eternally grateful for the assistance and support we have received over the last two decades from upstream and downstream partners worldwide and all walks of life!

Re-start another 20 years of low-carbon,facing the green future!We are prepared to work with worldwide partners realizing the low-carbon era, jointly promote ESG cooperation across the global industrial chain, develop green industries, fulfill the green mission, and build a green community with a shared future for humanity!

During the period from 2021 to 2026, with the mission of serving the world's green and low-carbon development, GEM will establish green supply chain partnerships with global upstream and downstream leading enterprises, so as to circulate the world and fulfill the global green responsibility. Adhere to the dual-track development strategy of "urban mines + new energy materials", mine urban mines, develop new energy materials, comprehensively promote carbon peaking and carbon neutrality, and become one of the world's low-carbon industries that has positive effects on China's national economic development and world green development Influential leaders. During the period from 2021 to 2065, the company will invest heavily in innovation with a new talent strategy of "embracing talents, investing in talents, and achieving talents", to be a technology leader in the global competition landscape, and to enter the world's industry with "double innovation and quality", to promote the company's brand and value to be respected and recognized by the world.

By 2026, the goals of new energy materials, power battery recycling and nickel-cobalt-lithium resources are: the production capacity of ternary precursors will reach 500,000 tons, the production capacity of cobalt tetra oxide will reach 35,000 tons, the recycling scale of power batteries will each more than 300,000 tons, and lithium iron phosphate materials reaching more than 200,000 tons, the output of Indonesian nickel resources reached 80,000 tons of nickel metal and 6,000 tons of cobalt metal, the recovery of nickel resourced exceed 50,000 tons, the recovery of cobalt resources was more than 8,000 tons, the recovery of lithium carbonate exceeded 20,000 tons, and the recovery of manganese resources exceeded 20,000 tons. The amount of resources recover is over 40,000 tons of metal, and the wet chemical capacity of nickel, cobalt and manganese is over 300,000 tons (of which the wet chemical system capacity of nickel metal is over 200,000 tons of metal).

In the next five years, the company will take Jiangxi, Wuhan, Henan, Shanxi and Inner Mongolia as the core bases to develop the urban mining business with electronic waste and waste plastic recycling as the main body, promote the development of circular society on a large scale, and serve as the dual-carbon strategy. The company will actively promote the carbon neutralization strategy of peak carbon, including to build 10,000 mu (A Chinese unit) of photovoltaic with state-owned energy companies, and plant 10,000 mu of neutral forest. By 2026, 1 million tons of carbon reduction will be achieved, and the utilization rate of green energy electricity will reach 50%. We are aiming to create a low-carbon demonstration park and a waste-free group, and take the lead in setting an example of carbon neutrality. The company will also be actively promoting the waste recycling carbon reduction label and the 10,000 mu neutralization forest carbon sink label, implement carbon reduction value an carbon sink trading, realize carbon income, and promote the upgrading of waste recycling from “turning waste into treasure” to “ turning waste as a carbon sink”, and open up the green value upgrade from selling renewable resources to selling “carbon sinks”

The ancient Chinese genius poet Wang Bo wrote in the “ Preface to the Pavilion of King Teng” the poem “The sunset and the lonely bird fly together, and the autumn water is the same color as the sky”. It is truly a beautiful poetry. With this, let us look forward to each other, and wish a greener and more beautiful world!