GEM Co., Ltd. was registered and incorporated in Shenzhen on December 28, 2001 and listed on the SME Board (Small and Medium Enterprise Board) of Shenzhen Stock Exchange in January 2010, with a stock code 002340, a total capital stock of 4.784 billion shares, a net asset of RMB 10.458 billion, and the number of registered employees more than 5000.
For the past nineteen years, GEM has been devoted to developing cutting-edge recycling technologies and constantly expanding the scale of waste treatment by clinging to the industrial tenet that "resources are finite but recycling is infinite". It has set up three core recycling industrial clusters, that are the recycling cluster of waste batteries and rare metal waste like cobalt, nickel and tungsten, the recycling cluster of electronic wastes, and the recycling cluster of scrapped cars. GEM’s recycling business extends throughout China with a coverage of 3000 kilometers in eleven provinces and municipalities, including Guangdong, Hubei, Hunan, Jiangxi, Henan, Shanxi, Inner Mongolia, Zhejiang, Jiangsu, Tianjin, and Fujian. It boasts an annual waste treatment capacity of more than 4 million tons, and has established a cooperative relationship with 500 million people in waste treatment. Reaching out to the world with investments in South Africa, Indonesia, and South Korea, we are committed to creating a green industrial mode that connects Chinese enterprises to the Belt and Road initiative, actively engage in the global cooperation in waste recycling industry, and make efforts to become a great environment protection company in the 21st century.
Industrial position
The world's top-ranking company engaged in the recycling of electronic wastes, waste batteries, scrapped cars, and rare metal wastes like cobalt, nickel and tungsten;
The world's core manufacturer of ultra-fine cobalt powder, ternary battery precursor materials and cobalt-nickel chemical raw materials, featuring the market shares of ultra-fine cobalt powder and ternary power battery precursor materials (NCM&NCA) accounting for 40% and 20% of the global market, and therefore having a clout on the global supply chain
Top 5
Environmentally friendly companies of China
Top 500
Manufacturing companies of China
Top 500
Private manufacturing companies of China
Top 500
Listed companies of China
At present, GEM has built 6 green treatment centers for electronic wastes, 7 battery material recycling centers, 6 recycling and treatment centers for scrapped cars, 3 cascade recycling centers for power battery packs, 3 plastic waste recycling centers, 3 hazardous solid waste treatment centers, 2 cemented carbide tool recycling centers, 2 rare dissipated metal recycling and treatment centers, and 1 scrapped car parts recycling center. GEM has also built five major industrial chain, i.e. the massive recycling industrial chain for waste batteries and power batteries, the recycling industrial chain for cobalt, nickel, and tungsten resources and cemented carbide, the recycling industrial chain for electronic wastes, the comprehensive utilization chain for scrapped cars, and the recycling industrial chain for waste residue, waste mud, and waste water.
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6个
6个
Green treatment centers for electronic wastes
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6个
6个
Recycling and treatment centers for scrapped vehicles
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7个
7个
Battery material recycling centers
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3个
3个
Plastic waste recycling centers
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3个
3个
Hazardous solid waste treatment centers
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2个
2个
Cemented carbide tool recycling centers
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2个
2个
Rare dissipated metal recycling and treatment centers
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3个
3个
Power battery recycling and
cascade recycling centers for power battery packs
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1个
1个
Scrapped vehicle parts recycling center
The total amount of recycled waste resources of GEM is more than 4 million tons each year. More than 10% small waste batteries in China are recycled by GEM. The volume of cobalt resources recycled each year amounts to that of raw cobalts mined in China. The volume of tungsten resources recycled each year accounts for 5% of the raw tungsten resources mined in China. The annual amount of recycled germanium resources accounts for 6% of the global germanium output. The quantity of recycled cathode materials from lithium-ion batteries for re-manufacturing accounts for more than 20% of China’s market each year. The number of recycled discarded home appliances is more than 10 million sets each year, accounting for more than 10% of the whole capacity in China. The quantity of annually disposed scrapped circuit boards accounts for more than 20% of the whole capacity in China. 37 kinds of scarce resources such as cobalt, nickel, copper, tungsten, gold, silver, palladium, rhodium, germanium, indium, and rare earths, as well as ultra-fine powder and a variety of high-tech products such as power battery materials for new energy vehicles and plastic wood profiles are manufactured from recycling, thus forming a complete recycling industrial chain for rare metal resources.
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Electronic wastes recovered
Account for 10% of the total scrapped in China
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Discarded batteries recovered
Account for 10% of the total scrapped in China
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Scrapped PCBs treated
Account for over 20% of the total treatment in China
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Cobalt resources recovered
Exceed the raw cobalt (from primary mining) yield in China
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Nickel resources recovered
Account for 8% of nickel resources (from primary mining) in China
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Tungsten resources recovered
Account for 5% of raw tungsten yield (from primary mining) in China
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Germanium resources recovered
Account for 6% of global production
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Ultrafine cobalt powder
Accounts for 60% of the Chinese market
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Cobalt-nickel battery materials
Account for 30% of the Chinese market
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Cobalt oxide
Accounts for 20% of the global market
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The precursor material of ternary power batteries
Accounts for 20% of the global market
GEM has applied for 1956 core patents in the field of urban mining and new energy material manufacturing, and formulated and revised 226 national/industrial standards. It has built a line of highly competitive bases, including the waste batteries and cobalt nickel tungsten resource recycling base, the ultrafine cobalt powder manufacturing base, the ternary power material re-manufacturing base, the electronic waste and scrapped car recycling base, and the national urban mine recycling demonstration base. Chinese National WEEE Recycling Engineering Research Center was established on the basis of GEM and has been awarded an array of honorary titles by national authorities, including the "national pilot enterprise for circular economy", the"national advanced unit of circular economy", the "national circular economy education and demonstration base, the "national demonstration base for urban minerals", the "national exemplary enterprise in technological innovation", the "national exemplary enterprise in intellectual property", and the "national environmental education and social practice base for primary and secondary school students". It has become an excellent practitioner of China's green development philosophy.
In the future, under the guidance of the Chinese government's green development concept, GEM is determined to be a green enterprise that has an impact on the national economy, become a world leader green enterprise to speak and play a role in the world on behalf of Chinese environmentally-friendly enterprises, stick to the core industry strategy of urban mines+new energy materials, practice recycling industry with green technology, connect the Belt and Road Initiative with green industry, show the world responsibility of Chinese environmentally-friendly enterprises, and create a great environmental protection enterprise that is respected by the whole world.
