Hubei Xianghua Machinery Equipment signed a strategic cooperation agreement with Greeenmei for a trade-in program.

Time2024-05-07

On April 30, 2024, the launch meeting of the Green Recycling (ECO RECYCLING) digital platform was grandly held at the Green Beauty Wuhan Urban Mining Low Carbon Circular Industry Park. Relevant departments such as the Hubei Provincial Department of Ecology and Environment, Development and Reform Commission, Economic and Information Technology Department, Commerce Department, and Hubei Provincial Supply and Marketing Cooperative, as well as industry associations like the China Material Recycling Association and the China Circular Economy Association, and over 100 upstream and downstream partners participated in the press conference.

April 30, 2024,The launch meeting of the Green Recycling (ECO RECYCLING) digital platformwas grandly held at the GreenMei Wuhan Urban Mining Low Carbon Circular Industry Park. Relevant departments such as the Hubei Provincial Department of Ecology and Environment, Development and Reform Commission, Economic and Information Technology Department, Commerce Department, and Hubei Supply and Marketing Cooperative, as well as industry associations like the China Material Recycling Association and the China Circular Economy Association, and over 100 upstream and downstream partners participated in the press conference.

Hubei Xianghua Mechanical Equipment Co., Ltd.Chairman Xiang Huailinwas invited to attend this event, and the attendees jointly visitedthe Wuhan GreenMei Urban Mineral Low Carbon Circular Industry Parkincluding the recycling station, green ideal station, green paradise station, waste-to-treasure station, scrapped car processing station, electronic waste processing station, power battery remanufacturing station, and carbon neutrality station.

Standing in the exhibition hall's"Electronic Waste Recycling Industry Chain"display area, proudly pointing to the display board, said: "This is2015the complete set of 'electronic waste recycling' equipment jointly installed by Xianghua Machinery and Germany's URT company, which laid the foundation for years of cooperation between Xianghua Machinery and GreenMei."

"This set of equipment broke through technical barriers at that time and was delivered beyond expectations, receiving high recognition from the German partners and GreenMei, and also won high praise from GreenMei Chairman Xu Kaihua."

At the press conference, GreenMei signed a "Strategic Cooperation Agreement to Promote Large-scale Equipment Renewal and Consumer Goods Exchange" with 21 partners including Mettler Toledo, Emerson, Jingjin Equipment, Shimadzu, SEW-Drive Equipment, SF Logistics, Huichuan Technology,Xianghua Machinery Equipment, Shiyuan Electronics, Teradyne Electric, Invt Electric, Heli Forklift, Weiming Environmental Protection, etc., to move towards green and new development, utilizing their respective resource advantages, building a digital recycling platform, exploring cooperation opportunities and models together, playing a leading role as a backbone enterprise in the national large-scale equipment renewal and consumer goods exchange strategy, and facilitating the large cycle of equipment renewal and exchange.

"Currently, the biggest policy dividend lies in equipment renewal and exchange, which will create a trillion-level market," said GreenMei Chairman Xu Kaihua at the meeting.

In the future, GreenMei will continue to invest in the Green Recycling (ECO RECYCLING) digital platform, creating an integrated system of "recycling - utilization - sales" with "1 digital service platform, 10+ regional dismantling and processing reuse bases, 100+ green recycling, sorting, and transfer points, and 10,000+ cooperative customers." It is expected that by 2027, the platform's recycling volume will exceed 40 million tons, and the total GMV of recycled goods could exceed 120 billion yuan; by 2030, the recycling volume will reach 50 million tons, and the total GMV of recycled goods could reach 150 billion yuan.Chairman Xiang Huailin of Hubei Xianghua Machinery said: "Since the State Council issued the 'Action Plan', Xianghua Machinery has been actively interpreting it. We recognize that promoting large-scale equipment renewal is an important measure to accelerate the construction of a new development pattern and promote high-quality development. Promoting the renewal and transformation of equipment in key industries is a key task of this plan. The factory and products of Xianghua Machinery will further achieve intelligence, high-end, and greenness.Through this meeting, we will resonate with industry leaders like GreenMei, carry out equipment renewal and remanufacturing, explore cooperation opportunities and models together, and find our path of transformation and upgrading in the national large-scale equipment renewal strategy."

Keyword： Hubei Xianghua Machinery Equipment signed a strategic cooperation agreement with Greeenmei for a trade-in program.

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Hubei Xianghua Machinery Equipment signed a strategic cooperation agreement with Greeenmei for a trade-in program.

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