Yingke Recycling Resources Co., Ltd. (stock code: 688087) is a high-tech manufacturer of resource recycling and reuse, engaged in the recycling, regeneration and utilization of renewable resources. The company has innovatively opened up the entire industrial chain of plastic recycling and reuse, and is a unique enterprise that perfectly combines plastic recycling and regeneration with the application of fashion consumer products. Headquartered in Zibo, Shandong, it has bases in Fengxian, Shanghai, Lu'an, Anhui, Zhenjiang, Jiangsu, Malaysia and Vietnam. The GreenMax foam volume reduction and densification recycling equipment independently developed and designed by the company can quickly reduce the volume of PS foam plastics to 1/50 of the original, helping more than 1, 000 recycling points in more than 80 countries and regions at home and abroad to greatly improve recycling efficiency and reduce operating costs. Yingke Recycling has the ability to recycle and reuse about 100, 000 tons of PS foam plastics every year. Its main products include plastic volume reduction and densification recycling equipment, recycled plastic particles, mirror frames, photo frames, picture frames and other home decoration finished frames, wall panels, skirtings and other indoor and outdoor decoration materials. Its products are exported to more than 120 countries and regions at home and abroad. In 2020, the National Development and Reform Commission and the Ministry of Ecology and Environment pointed out in the "Opinions on Further Strengthening Plastic Pollution Control" that green, environmentally friendly, economical and applicable plastic products and alternative products should be developed with recyclability and easy recycling as the orientation. Intech responded quickly to the call and built a 50, 000-ton PET beverage bottle food-grade recycling project in its Malaysian factory, producing r-PET bottle-grade and fiber-grade particles, r-PET sheets, and various thermoformed products, which are used in food-grade plastic packaging industry (cups, tableware, beverage bottles, etc. ), textile industry (clothing, footwear, luggage), automobile and electronics industries, etc. The products have a GRS full-process traceability system and have obtained food-grade certifications such as FDA and EFSA, OceanCycle marine certification, etc. Intech Recycling has the ability to recycle and reuse about 150, 000 tons of plastics each year, helping the world reduce 300, 000 tons of carbon emissions, save 450, 000 tons of crude oil resources, and reduce the felling of about 2 million trees each year. Since its establishment, it has cumulatively reduced carbon emissions by about 2.5 million tons, saved about 3.75 million tons of crude oil resources, and reduced the felling of about 25 million trees. In the future, Yingke will focus on the advantages of the entire industrial chain of resource recycling and utilization, vertically expand the recycling field of various types of plastics such as PE and PP, horizontally expand the field of multi-material resource utilization, and drive independent innovation to continuously develop recycling and recycling technologies, becoming a world-class high-tech manufacturer of resource recycling, and contributing to the realization of carbon neutrality and sustainable development of the earth!