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Chifeng Gold plans to invest 100 million yuan to take a controlling stake in Guangyuan Technology, entering the waste home appliance dismantling industry.

02 Jun,2015

Chifeng Gold stated that Guangyuan Technology is a waste electrical and electronic product processing enterprise that has been confirmed by the Ministry of Environmental Protection, Ministry of Finance, Development and Reform Commission, and Ministry of Industry and Information Technology to enjoy national environmental protection fund subsidies. It can create synergistic effects with the company's wholly-owned subsidiary, Chenzhou Xiongfeng Environmental Protection Technology Co., Ltd. This acquisition will enable the company to achieve complementary advantages and resource sharing, further optimize its business structure, expand its business scale, and enhance its profitability and sustainable development capabilities.
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By 2020, the recoverable amount of domestic recycled resources will reach 300 million tons

02 Jun,2015

Zhang Yanghui, vice secretary-general of the China Resource Recycling Association, said on the 29th that by 2020, the recoverable amount of seven types of recycled resources in China will reach 300 million tons, approximately double the current scale.
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Greenwich's scrapped car dismantling project put into production

02 Jun,2015

Recently, the automobile recycling workshop of the Greenmei Tianjin Urban Mine Recycling Industrial Park, invested and constructed by Shenzhen Greenmei High-Tech Co., Ltd., has been completed with a construction area of 36,000 square meters and has started the dismantling and processing of various types of scrapped cars and motorcycles.
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