Since its establishment in 2006, Huaxin Environmental Protection has been deeply involved in the resource utilization and disposal of solid waste. Its main business, including e-waste lending, has a high entry threshold, and all related businesses need to be strictly approved by relevant state departments before they can operate.
Up to now, Huaxin Environmental Protection has the qualification of dismantling electronic wastes, dismantling scrapped motor vehicles and collecting, storing and disposing 36 kinds of hazardous wastes. And has passed R2 certification and ISO900 1:20 15 quality management system certification, and entered the list of enterprises subsidized by the waste electrical and electronic products processing fund.
Industry outlook
In reality, although many wastes are required to be dismantled or recycled, a large part of them flow into informal dismantling channels or second-hand markets.
Informal dismantling will not only cause secondary pollution to the environment, but also cause huge waste of resources. Therefore, the environmental protection department attaches great importance to this. With the tightening of environmental protection policies, the informal dismantling of e-waste will gradually return to the formal dismantling channels. Therefore, the supply of raw materials in the electronic waste dismantling industry will maintain a steady growth trend.
The data shows that by the end of 2020, the number of motor vehicles in China will reach 372 million, but the number of scrapped motor vehicle dismantling enterprises in China is only 2.385 million, which is far lower than the growth rate of motor vehicle ownership and the theoretical number of scrapped motor vehicles in China every year. This also means that there is still huge market space in this field.