Based on the concept of “G-Green E-Eco M-Manufacture”, GEM Co., Ltd. (hereinafter referred to as GEM) was founded by Professor XU Kaihua in Shenzhen on December 28, 2001. GEM has been listed on Shenzhen Stock Exchange (stock code: 002340) and, in 2022, on the Swiss Stock Exchange. With a total share capital of 5.136 billion shares, net assets of 18.762 billion RMB, annual production value exceeding 30 billion RMB, and a workforce of over 10,000 employees, GEM ranks among the top 500 private enterprises in China (484th place), the top 500 manufacturing companies in China (439th place), the top 500 private enterprises in China's manufacturing industry (315th place), the top 50 environmental companies in China (2nd place), is listed on the 2022 Forbes China Sustainable Development Industrial Enterprises TOP50 and the 2022 Hurun China Private Companies SDG Readiness 100 List (7th place). GEM has now become a leading enterprise in China's circular economy, a global leader in waste recycling, and a top-tier supply chain company in two major industries: the global tungsten carbide industry and the new energy industry.

Industry Status

GEM's main business belongs to the comprehensive utilization of waste resources and the new energy industry, forming a dual track driven business model of "urban mining+new energy material manufacturing". In the field of urban mining, GEM recycles and utilizes waste power batteries, electronic waste, scrapped cars, waste plastics, and nickel cobalt lithium tungsten strategic resources, mainly remanufacturing nickel cobalt lithium tungsten, rare resources of gold silver platinum palladium, ultrafine cobalt nickel tungsten powder materials, and modified plastics; In the field of new energy, GEM manufactures ternary precursors, ternary cathode materials for power batteries, and cobalt tetroxide materials for 3C digital batteries, making it a leading enterprise in the world's new energy supply chain.

GEM has led the establishment of national innovation platforms such as the National Engineering Research Center of Waste Electrical and Electronic Equipment (WEEE) Recycling, the National Energy Metal Resources and New Materials Key Laboratory, and the National Enterprise Technology Center. It has also established a systematic technical and intellectual property system for waste recycling, resource regeneration, and material remanufacturing in China. It has applied for 3767 patents globally, led the formulation/participation of 475 national and industry standards, and achieved a number of major scientific and technological achievements. It has won 2 National Science and Technology Progress Awards and 10 Provincial and Ministerial First Prizes.

Top 5

Environmental Enterprises in China

Top 500

Top 500 Private Enterprises in China

Top 500

Private Manufacturing Enterprises in China

Top 500

Listed Enterprises in China

Top 50

Forbes China Sustainable Development Industrial Enterprises

Top 100

Hurun China Private Companies SDG Readiness Index

GEM has built 19 waste recycling treatment plants and new energy material manufacturing plants in 11 provinces and cities in China, as well as in South Africa, South Korea, Indonesia and other places, and built an urban mine recovery and mining system centered on major cities in China. The footprint of green development radiates the world, covering more than 40% of China's land area, establishing waste treatment cooperation relationships with more than 500 million people, recycling more than 30 kinds of scarce resources such as cobalt, nickel, lithium, copper, tungsten, gold, silver, platinum, palladium, rhodium, gallium, germanium, indium, and rare earth. The annual recycling of retired power batteries and electronic waste accounts for more than 10% of China's total, the annual recycling of scrapped cars accounts for more than 6% of China's total scrap, and the annual recycling of nickel resources accounts for More than 20% of China's original nickel mining output, and more than 350% of China's original cobalt mining output are recycled cobalt resources, The recovered tungsten resources account for more than 6% of China's original tungsten mining output.

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    Waste power batteries comprehensive utilization centers

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    Electronic waste eco-friendly processing centers

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    Established 7 end-of-life vehicles recycling centers;

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    Battery material manufacturing centers

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    Waste plastic recycling centers

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    Solid waste treatment centers

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    Nickel-cobalt-tungsten resource recycling center

GEM has received several prestigious national honors from the Chinese government, including being designated as a National Circular Economy Education Demonstration Base, National Ecological and Environmental Science Popularization Base, National Environmental Education Social Practice Base for Primary and Secondary Schools, National Green Factory, and National "Urban Mining" Demonstration Base. Furthermore, GEM was awarded the “Global Circular Economy Multinational Corporation Award” at the 2018 World Economic Forum in Davos and the 2020 Paulson Sustainable Development Green Innovation Award. GEM’s success in waste recycling has been recognized in the renowned journal “Nature,” and GEM has been recognized by the United Nations as a demonstration enterprise for reducing emissions of volatile organic compounds (VOCs). GEM’s achievements in green development have gained international acclaim, establishing them as a global leader in practicing green and low-carbon development.

On 22nd July, 2013, Chinese President Xi Jinping visited GEM's Wuhan E-waste recycling workshop. President Xi highly praised GEM's waste recycling systems, and said that “ recycling is a sunrise industry. Wastes are misplaced resources. Turning rubbish into resources and transforming waste into wealth is not only a science, but also an art. You should continue your efforts!”

Looking ahead, GEM will continue to follow the dual-track path of "Urban Mining + New Energy Materials Manufacturing" for high-quality development. GEM will collaborate along the ESG value chain with global partners, fostering global economic recovery and promoting a circular world. GEM’s goal is to become a leader in the global green and low-carbon industry, serving the rapid development of the global new energy sector!

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