GEM Co., Ltd.

GEM Co., Ltd. is a manufacturing company listed on the Shenzhen Stock Exchange since 2010, specializing in waste resources comprehensive utilization. The company operates under the industrial concept of "recycling for future," focusing on urban mining and new energy materials manufacturing. GEM Co., Ltd. recycles key mineral resources, including nickel, cobalt, lithium, tungsten, and various forms of electronic waste, establishing an extensive urban mining extraction model that integrates multiple recycling and remanufacturing processes. The company has developed a robust operational framework with 16 waste recycling processing plants and new energy material manufacturing facilities located in China and internationally in South Africa, South Korea, and Indonesia. GEM Co., Ltd. is a significant player in the global supply chain, collaborating with major enterprises such as SAMSUNG SDI and CATL. Its products, including ternary precursor materials and cobalt tetroxide, rank among the top in global shipment volumes, contributing to over 15% and 20% of their respective markets. The company is recognized for its contributions to the circular economy and green development practices.

Based on the industrial concept of "recycling for future", the Company has developed a business mode driven by the dual tracks of "urban mining and new energy materials manufacturing". The Company has established 16 waste recycling processing plants and new energy material manufacturing factories in 8 provinces and cities in China, as well as in South Africa, South Korea, and Indonesia. It has built an urban mining extraction system centered around major cities in China, with its green development footprint radiating across the world and extending 3,000 kilometers within China. The annual recovery and processing of retired power batteries accounts for over 10% of China’s total, the annual recovery and processing of end-of-life vehicles accounts for over 6% of China’s total end-of-life vehicles, and the annual recovery of nickel resources accounts for over 20% of China’s raw nickel mining output. The Company has become an outstanding representative in promoting the development of a circular economy and practicing the concept of green development. In November 2017, the Company became the first Chinese new energy industry enterprise to invest in Indonesia, where it proposed for the first time the industrial concept of "feeding in laterite nickel ore to produce battery materials." It became a pioneer in transforming global nickel resource extraction from the traditional stainless steel fire smelting mode to the green smelting mode for new energy. Since 2019, the Company has taken the lead in advocating the "Technology + Culture" flexible approach for overseas expansion. It has contributed to the establishment of a scientific research center in Indonesia and the cultivation of senior metallurgical engineering and new energy materials technology talent, promoting the localization of metallurgical mining technology, talent, and intellectual property in Indonesia. This has allowed Chinese technology and education to benefit Indonesia, winning the hearts of the people and creating a new history in China-Indonesia scientific and cultural exchanges.