On December 28, 2001, Professor Xu Kaihua, Founder of GEM, established the Company in Shenzhen based on the green ideal of “Green-Eco-Manufacture”. The Ideal Company is established in Shenzhen, listed on the Shenzhen Stock Exchange (Stock Code: 002340) and the Swiss Stock Exchange, with a total share capital of 5, 136 billion, net assets of RMB 1 billion, annual sales of over RMB 30 billion and a total of more than 10,000 employees. GEM is the proponent of the industrial concept of “Limited Resources, Unlimited Recycling”, the pioneer of Urban Mining in China and the promoter of the global new energy industry. We are the leading recycling group all over the world, and the core supplier of the global new energy industry. Over the past 20 years, we have invested a total of RMB 20 billion to build 19 recycling factories and new energy material manufacturing factories, across 11 provinces and cities in China, as well as in South Africa, South Korea, Indonesia and other places. Our business has expanded globally, covering 40 countries in China and has established the cooperation of waste treatment with more than 500 million people.