JIAHUA Investment provides (EPC+F) services for the metal recycling industrial park

     In 2019, Hong Kong JIAHUA Financial Investment Group (referred to as "JIAHUA Financial Investment") and Liuzhou Iron and Steel Assets Co., Ltd. reached a financial strategic cooperation through investment promotion by the Guangxi District Government of China.

JIAHUA Financial Investment provided 500 million yuan of financing for the second phase of the project. At the same time, JIAHUA Financial Investment designated a construction company (Wuzhou First Construction Company) to undertake the second phase of the project. Wuzhou First Construction Company officially entered the project and started construction in March 2021. 

     At the same time, JIAHUA Financial Investment and Liugang Assets Co., Ltd. jointly established Liuzhou Baitongchi Renewable Resources Recycling Co., Ltd., which provides operation and management services for the industrial park.

     After the completion of the second phase of the park, renewable resource recovery technology companies will be introduced. Liugang Group will establish mixed ownership enterprises with these companies in the park through various forms such as holding or equity participation. Through the establishment of a standardized modern enterprise system and a market-oriented operation mechanism, the allocation of resources will be further optimized and operational efficiency will be improved. It has effectively brought into play the scale, capitalization and unification of state-owned capital, combined with the marketization and flexibility of private capital, and realized the optimal allocation of capital and the market.         Improving the steel mill's control, influence and driving force in this project reflects the dominant position of state-owned enterprises in the field of heavy industry.

      This project will show a touch of bright colors in the construction of China's renewable resource recovery field.