[SMM Flash NewsGEM Establishes Recycling Company on Eve of Hong Kong Listing

Published: Sep 10, 2025 15:43

On September 8, Qichacha APP showed that Jingmen GEM Recycling High-Tech Co., Ltd. was recently established, with Peng Tao as its legal representative. The company is wholly owned by GEM's holding company, Jiangxi GEM Recycling Industry Co., Ltd. Its main business scope includes: R&D of resource recycling technologies; smelting of rare and rare-earth metals; smelting of common non-ferrous metals; solid waste treatment; sales of new-type metal functional materials, etc.

This move comes as GEM prepares for its upcoming listing.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Eni Teams Up with Seri Industrial to Develop Stationary Battery Supply Chain
4 hours ago
Eni Teams Up with Seri Industrial to Develop Stationary Battery Supply Chain
Read More
Eni Teams Up with Seri Industrial to Develop Stationary Battery Supply Chain
Eni Teams Up with Seri Industrial to Develop Stationary Battery Supply Chain
According to disclosures from both companies on Friday, Italian energy giant Eni and battery energy storage enterprise Seri Industrial signed an agreement to jointly develop an industrial supply chain in the LFP battery sector. In a joint statement, the two parties said the partnership would be implemented through their respective subsidiaries, Eni Industrial Evolution and FIB. The collaboration covers the production of LFP battery cells and modules, as well as the assembly of stationary energy storage systems and electric mobility systems for the commercial and industrial sector.
4 hours ago
[SMM Analysis] Galan Lithium Successfully Produces First Batch of Lithium Chloride Brine
4 hours ago
[SMM Analysis] Galan Lithium Successfully Produces First Batch of Lithium Chloride Brine
Read More
[SMM Analysis] Galan Lithium Successfully Produces First Batch of Lithium Chloride Brine
[SMM Analysis] Galan Lithium Successfully Produces First Batch of Lithium Chloride Brine
4 hours ago
[Li Xiang: Humanoid robots still at least 3 years behind EVs]
5 hours ago
[Li Xiang: Humanoid robots still at least 3 years behind EVs]
Read More
[Li Xiang: Humanoid robots still at least 3 years behind EVs]
[Li Xiang: Humanoid robots still at least 3 years behind EVs]
May 28 – Li Xiang, chairman of Li Auto, said at the company's first-quarter earnings call today that it will take at least three years for humanoid robots to reach the same level of development as the electric vehicle industry. "Many technical challenges remain unsolved, and there is still no consensus on multiple technological pathways," he said. Li added that startups, midsize firms, and large companies alike will all enter the humanoid robotics sector.
5 hours ago
On September 8, Qichacha APP showed that Jingmen GEM Recycling High-Te - Shanghai Metals Market (SMM)