Founded in September 2020, Wuyibao (Jiangsu) Renewable Resources Technology Co., Ltd. is a wholly-owned subsidiary of Lizhong Group Jiangsu Lizhong New Material Technology Co., Ltd. The registered capital is 50 million yuan, with a total investment of 150 million yuan, including 50 million yuan of fixed assets investment, 100 million yuan of working capital investment, and a land area of 80000 square meters (120 mu). Through the introduction of a complete set of internationally advanced automatic sorting production equipment, as well as large full-automatic environmentally friendly energy-saving crusher, cutting machine, block packer, hoisting, transportation and other equipment, the recycled waste metal will be processed. Specializing in the procurement, processing, supporting supply and technical services of renewable non-ferrous metals.
The company's development philosophy is "limited primary metal, unlimited recycling". Use large-scale procurement and processing operations to improve the efficiency of resource recovery, reduce the comprehensive operating costs of the industrial chain, boost the green recovery and high-quality utilization of renewable resources through the green and high-quality utilization of renewable resources, and lead the green, low-carbon, stable and healthy development of the industry.
Lizhong Alloy Group has 18 alloy factories nationwide, with a total production capacity of 1.2 million tons of recycled aluminum alloy. It has 38 years of experience in the production, operation and management of recycled aluminum alloy, serves mainstream automotive enterprises and is also a major supplier of communications, military and other enterprises, and has a leading market position in the industry.