Based on the concept of "G-Green E-Eco M-Manufacture", GEM Co., Ltd. (hereinafter referred to as GEM) was founded by Professor XU Kaihua in Shenzhen on December 28, 2001. GEM has been listed on Shenzhen Stock Exchange (stock code: 002340) and, in 2022, on the Swiss Stock Exchange. With a total share capital of 5.136 billion shares, net assets of 18.762 billion RMB, annual production value exceeding 30 billion RMB, and a workforce of over 10,000 employees, GEM ranks among the top 500 private enterprises in China (484th place), the top 500 manufacturing companies in China (439th place), the top 500 private enterprises in China's manufacturing industry (315th place), the top 50 environmental companies in China (2nd place), is listed on the 2022 Forbes China Sustainable Development Industrial Enterprises TOP50 and the 2022 Hurun China Private Companies SDG Readiness 100 List (7th place). GEM has now become a leading enterprise in China's circular economy, a global leader in waste recycling, and a top-tier supply chain company in two major industries: the global tungsten carbide industry and the new energy industry.
GEM's main business belongs to the comprehensive utilization of waste resources and the new energy industry, forming a dual track driven business model of "urban mining+new energy material manufacturing". In the field of urban mining, GEM recycles and utilizes waste power batteries, electronic waste, scrapped cars, waste plastics, and nickel cobalt lithium tungsten strategic resources, mainly remanufacturing nickel cobalt lithium tungsten, rare resources of gold silver platinum palladium, ultrafine cobalt nickel tungsten powder materials, and modified plastics; In the field of new energy, GEM manufactures ternary precursors, ternary cathode materials for power batteries, and cobalt tetroxide materials for 3C digital batteries, making it a leading enterprise in the world's new energy supply chain.
GEM has led the establishment of national innovation platforms such as the National Engineering Research Center of Waste Electrical and Electronic Equipment (WEEE) Recycling, the National Energy Metal Resources and New Materials Key Laboratory, and the National Enterprise Technology Center. It has also established a systematic technical and intellectual property system for waste recycling, resource regeneration, and material remanufacturing in China. It has applied for 3767 patents globally, led the formulation/participation of 475 national and industry standards, and achieved a number of major scientific and technological achievements. It has won 2 National Science and Technology Progress Awards and 10 Provincial and Ministerial First Prizes.