Beijing Bokun Renewable Resources Development Co., Ltd. was established on March 3, 2011, and is a subsidiary invested and controlled by China Re Resources Renewable Development Co., Ltd. The company has a registered capital of 15 million yuan and specializes in the comprehensive recycling, processing, and utilization of waste steel. Having the right to operate and act as an agent for the import and export of goods. The company is located in Guoxian Town, Tongzhou District, Beijing, adjacent to the East Sixth Ring Road, Beijing Tianjin, and Beijing Shenyang Expressway, with convenient transportation. The total area is 62533 square meters, with a planned construction area of 70 acres. The building area of the factory is 4553.5 square meters, and the construction area of the office building covers 17 acres. The company has a Tianjin office and a Baotou office, with an annual dismantling capacity of 200000 tons. We have advanced, energy-saving, water-saving, and environmentally friendly equipment in China, as well as the first large-scale scrap steel crusher in Beijing. This crusher was purchased from Hubei Lidi Machine Tool Co., Ltd. in June 2011 as the PSX-6080 model. This company is the first circular economy benchmark enterprise in Beijing with the main business of recycling, processing, and utilization of renewable resources, and also the first standardized and standardized circular economy processing and utilization demonstration enterprise in Beijing. In the next few years, the company will leverage its business philosophy of network, resources, environmental protection, and brand to achieve unconventional and leapfrog development, expand the industrial chain, accelerate the integration of renewable resource recycling network system, achieve sales leapfrog breakthroughs, and achieve the development goal of high profits and taxes. It will become a leading and exemplary enterprise of China Re Resource Recycling Development Co., Ltd. in Beijing.