The Two Major "Giants" of Renewable Resources: China Supply and Marketing Cooperative and China Environmental Protection Group, Held Their First Public Meeting

Recently, Zhang Meilin, member of the Party Leadership Group and Deputy Director of the Board of Directors of the All-China Federation of Supply and Marketing Cooperatives, and his delegation visited China Resources Recycling Group. Liu Yu, Secretary of the Party Committee and Chairman of China Resources Recycling Group, Chief Accountant Wang Weidong and relevant department heads met with Zhang Meilin and his delegation and attended a symposium together.

(Source: Renewable Resources Information Network)

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The Main Content of the Discussion Between the Two Sides

At the symposium, Zhang Meilin said that the China Supply and Marketing Cooperative is actively organizing the whole system to accelerate the establishment of a sound network system for the recycling and utilization of renewable resources, focusing on cultivating and strengthening leading enterprises, building standardized and standardized recycling sites, and laying out green sorting centers. He hopes that the two sides can work closely together in improving the level of resource recycling and building a resource recycling and reuse system, and jointly make positive contributions to ensuring national resource security and improving the green, low-carbon, circular development economic system.

Liu Yu said that China Resources Recycling Group focuses on serving and safeguarding national resource security, and will highlight technological innovation and standard guidance in the future. Liu Yu believes that both parties are the "national team" for implementing the development of the national circular economy, and in the future they can develop synergistically and carry out good cooperation in aspects such as unblocking the resource recycling chain. He hopes that both parties can also jointly promote the implementation of industry policies, improve the level of industry standardization, and jointly lead the healthy and sustainable development of the industry.

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Supply and Marketing Cooperative: Grassroots outlets help with resource recycling

As an important organization linking urban and rural areas and serving agriculture, rural areas and farmers, the China National Federation of Supply and Marketing Cooperatives has always played the role of "recycling and utilization of renewable resources".

The supply and marketing cooperative system has a wide range of grassroots outlets throughout cities and rural areas. In cities, its recycling outlets can go deep into the community to facilitate residents to sell various types of renewable resources; in rural areas, grassroots supply and marketing cooperatives can also collect renewable resources generated in rural areas. According to relevant reports, by the end of May this year, the supply and marketing cooperative system had 35,000 renewable resource recycling outlets.

China Recycling Resources Development Co., Ltd., a central enterprise under the China Supply and Marketing Cooperatives, was established in 1985. It is the first "national team" in the recycling market and has now grown into a leading enterprise in China's circular economy. China Recycling Co., Ltd. owns a main board listed company - China Recycling Resources and Environment (stock code: 600217) and a leading technology research and development team - Tianjin Recycling Resources Research Institute. China Recycling Co., Ltd.'s business network is distributed in 22 provinces and municipalities across the country. It has established seven major regional recycling networks in the Bohai Rim, Northeast China, East China, Central South, South China, Southwest China and Northwest China, and has built a recycling and processing business chain covering multiple categories of recycled resources such as scrap steel, scrap home appliances, recycled plastics , and scrapped cars.

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China Resources and Environment: An emerging force in the circular economy

China Resources and Environment Group was established on October 18, 2024. The registered capital of the enterprise is 10 billion yuan, and the State-owned Assets Supervision and Administration Commission of the State Council will perform the duties of the investor on behalf of the State Council. The State-owned Assets Supervision and Administration Commission of the State Council, China Baowu Steel Group Co., Ltd., China Petrochemical Corporation, and China Resources (Group) Co., Ltd. each hold 20%, and Aluminum Corporation of China and China Minmetals Corporation each hold 10%.

According to relevant reports, China Environmental Protection Group will, in accordance with the decisions and deployments of the CPC Central Committee and the State Council, carry out market-oriented restructuring and integration of relevant assets and businesses of state-owned central enterprises. At the same time, it will give full play to the amplification function of state-owned capital, acquire and restructure outstanding companies in the industry , and build the company into a comprehensive solution provider covering multiple key renewable resource recycling categories, integrating warehousing, processing, distribution, old-for-new, standard setting and output and other functions.

Since its establishment, China Resources and Environmental Protection Group has quickly formed a research team and carried out the first major research since its establishment. According to reports, the research team conducted on-site research on four units: Ouye Chain Gold Recycling Resources Co., Ltd., China Resources Environmental Protection Technology Co., Ltd., China Energy Conservation (Shantou) Recycling Resources Technology Co., Ltd., and Hunan Lithium Huitong New Energy Technology Co., Ltd. Among them, Ouye Chain Gold and China Resources Environmental Protection have been explicitly incorporated into China Resources and Environmental Protection Group.