About Jiangsu Huahong Technology Company

The company is a key high-tech enterprise of the Torch Program specializing in the manufacture of renewable resource processing equipment. On December 20, 2011, it was successfully listed on the Shenzhen Stock Exchange. Currently, it has 10 wholly-owned and controlled first-level subsidiaries and 5 second-level subsidiaries, involving business sectors such as renewable resource equipment and operation, elevator parts, and comprehensive utilization of rare earth waste. It is the vice president unit and executive governing body of the China Scrap Steel Application Association, the China Renewable Resources Recycling Association, the China Circular Economy Association, the American Waste Recycling Industry Association (ISRI), and the Middle East Recycling Administration (BMR). The company's main business is divided into four major business segments: “Renewable Resources Equipment and Operation”, “High-end Manufacturing of Elevator Parts”, “Comprehensive Utilization of Rare Earth Resources” and “Rare Earth Magnetic Materials”. The company's main products include all kinds of metal crushing, hydraulic shearing, metal packing, metal briquetting and other equipment, all kinds of non-metallic packaging, compression equipment, scrapped car dismantling equipment, speed limiters, tensioning devices, hydraulic buffers, safety gears, praseodymium oxide, praseodymium oxide, terbium oxide, european oxide, gadolinium oxide, holmium oxide, etc., which are widely used in NdFeB magnetic materials, computers, communication equipment, tribasic fluorescent powder, rare earth permanent magnetic materials, etc. The company's honors include Jiangsu Province Management Innovation Demonstration Enterprise, China Circular Economy Association Executive Director Unit, and China Scrap Steel Application Association Vice Chairman Unit.