GEM (Wuhan) Urban Mining Industry Group Co., Ltd.

GEM Co., Ltd. was registered and established in Shenzhen in 2001 and listed on the SME Board of the Shenzhen Stock Exchange in 2010. Its stock code is 002340, with a total share capital of 4.784 billion shares, operating revenue of approximately 14.3 billion yuan in 2019, and more than 5,000 registered employees. GEM is China's first stock in urban mining resource exploitation and China's first stock in the renewable resource industry. It is among China's Top 500 Enterprises in Patent Strength, China's Top 500 Manufacturing Enterprises, China's Top 500 Private Manufacturing Enterprises, and China's Top 100 Private Science and Technology Innovation Enterprises, among others.
Over more than a decade, GEM has invested a cumulative total of 10 billion yuan and built sixteen major circular industrial parks covering eleven provinces and municipalities in China, including Guangdong, Hubei, Jiangxi, Henan, Tianjin, Jiangsu, Shanxi, Inner Mongolia, Zhejiang, Hunan, and Fujian. It has invested in South Africa, Indonesia, and South Korea, aligning green industry with the "Belt and Road" Initiative and actively participating in global waste recycling industry cooperation.
GEM upholds the industrial philosophy of "limited resources, unlimited recycling" and actively advocates mining "urban mines." Starting from overcoming waste battery recycling technology, to solving the global challenge of green processing of electronic waste, to tackling the ternary "core" technology of power battery materials, it has achieved breakthroughs in key technologies for the green processing and recycling of typical waste resources such as waste batteries and electronic waste in China. It has established leading recycling technology and the "urban mining" business model, with shipments of new energy battery materials accounting for 20% of the world market, becoming a bellwether for the world's circular economy and new energy battery materials industry. GEM has been awarded the National "Urban Mineral" Demonstration Base, National Circular Economy Education Demonstration Base, National Green Factory, National Technology Innovation Demonstration Enterprise, and National Intellectual Property Demonstration Enterprise. It has established dual top-tier innovation platforms: the National Engineering Technology Research Center for Electronic Waste Recycling and the National Enterprise Technology Center. It has successively won the 2018 and 2010 National Science and Technology Progress Awards, the 2018 Davos World Economic Forum "Global Circular Economy Multinational Corporation Award," and many other honors, becoming a national geographical indication of circular economy and an outstanding practice and leader of China's green development philosophy.