Jiangsu Zhongsheng Investment and Development Co., Ltd. settled in Benniu Town, Wujin District, Changzhou City in February 2007, with a registered capital of 50 million yuan; Affiliated to China Renewable Resources Development Co., Ltd., it is the largest professional renewable resource recycling enterprise and industry leader in China controlled by China Supply and Marketing Group. Jiangsu Zhongrui Investment and Development Co., Ltd. is committed to building, managing, and operating the Changzhou Renewable Resources Industry Demonstration Base. The base focuses on the processing and utilization of waste plastics as its main business, with a total investment of 700 million yuan after five years of construction and operation. The base is divided into five functional areas: processing and sorting area, logistics and distribution area, pollution control area, market trading area, and management service area. After all projects are put into operation. A circular economy industrial park with an annual recycling and processing capacity of over 1 million tons of waste materials, providing over 800000 tons of industrial raw materials and recycled products, arranging employment for thousands of people, and an output value exceeding 10 billion yuan. The base is divided into four major systems: 1) renewable resource recovery system; 2) Renewable resource processing and utilization system; 3) Harmless treatment system; 4) High tech service system. The scrap steel recycling, sorting and processing project in the base's renewable resource processing and utilization system covers an area of 74 acres, equipped with 20 scrap steel crushing and processing production lines and various cutting equipment. In 2009, the company purchased one set of 1250t gantry shear machine QA91Y-1250 and one set of 1000 horsepower crushing line PSX-6080 from Hubei Lidi Machine Tool Co., Ltd.

 

 

This project processes and utilizes approximately 550000 tons of various types of scrap steel and iron annually. The project is based in the Yangtze River Delta region and is committed to providing precision processing services for scrap steel for local steel mills; The aim is to establish a first-class new type of scrap steel recycling and sorting processing center that integrates recycling, sorting, processing, and distribution in China, achieving the application model of "large-scale procurement, centralized processing, and unified distribution" of scrap steel.