The Group established the eco-recycling sector in 2018. As a new business sector, the eco-recycling sector mainly focuses on environmental services and renewable resources utilisation, with an aim of becoming China's first-class investor, operator and services provider in the area of integrated urban-rural environmental management.
Eco-recycling is committed to the expansion of business in the areas of household waste sorting, sanitation services and renewable resources untilisation. Household waste sorting involves the development and operation of waste sorting systems, including household waste sorting and loading from the sources, collection and transportation of sorted waste, circulation of sorted renewable resources and information management platform services, among others. Sanitation services involve integrated environmental sanitation services, including urban-rural cleaning, development, operation and management of household waste collection and transportation systems, sanitation+services, intelligent sanitation management, among others. Renewable resources utilisation focuses on disposal of large waste and yard waste, treatment of construction and refurbishment waste, and disposal of electronic waste. The sector aims to develop a nationwide network management platform on renewable resources trading and a full-chain business system on waste sorting and resources utilisation.
Eco-recycling is currently exploring new technologies and business models. By leveraging on the Group's other major business sectors, it will gradually develop a full-chain business system that ranges from waste collection till end disposal.