Shenzhen GEM Hi-tech

GEM, (Green Eco-Manufacture) headquartered in Shenzhen, China, was established in ***2 with total assets of RMB 1.******5 billion and net assets of RMB **8 million. It is successfully listed on the Shenzhen Stock Exchange A share (stock code *****0), which became the first A-shares listed company in Chinese cobalt industry. The company has been named National High-tech Enterprise, National Recycling Economy Demonstration Pilot and National innovation pilot enterprises. The company's core business is the research and manufacture of ultra-fine cobalt and nickel powder and related fine chemical products. GEM has annual productive capacity of *0, **0 tons of cobalt, nickel ultra-fine powder and a variety of fine chemical products. These include: annually 1, **0 tons of ultra-fine cobalt powder, 1, **0 tons of ultra-fine nickel powder, 3, **0 tons of high-purity cobalt carbonate, 3, **0 tons of high-purity cobalt oxalate, **0 tons of high-purity cobalt oxide, 1, **0 tons of high-purity cobalt sulfate, 2, **0 tons of high-purity cobalt chloride and 1, **0 tons of nickel alloy. GEM is the China is core supplier of ultrafine cobalt and nickel powder, accounting for more than *0% of the domestic market. The near-spherical cobalt powder, ultra-fine cobalt powder and other various specifications meet the national customers demands, particularly the near-spherical cobalt powder substituted the import products, put an end to the history that China can't mass-produce the near-spherical cobalt powder, made GEM become the core supplier of near-spherical cobalt powder in China and the Chinese manufacturing level of cobalt powder reach the international advanced level. GEM contributed as lead to the national standard of cobalt powder, laid the leading position in China's cobalt powder manufacturing. GEM so far has two factories in Shenzhen and Hubei, one large-scale industrial park, covering an area of **0, **0 with nearly 1, **0 employees, one national accreditation testing center, and two provincial-level R&D centers, forming a developing industry system of manufacturing and researching of cobalt and nickel powders and refined chemical products. GEM is one of the technology intensive enterprise of fine cobalt and nickel manufacturers in China. The R&D center were certified by the National Accreditation Laboratory and Metrology Accreditation, acknowledged as the public inspecting center around the world. GEM has undertaken more than *0 national science and technology projects, such as National Programs for High Technology Research and Development (**3 Plan), National Innovation Fund Plan and so on. GEM obtained more than *0 national and international patents, and contributed as lead to *0 national and industry standards of cobalt and nickel products and cobalt and nickel scrap recycling, becoming the leading enterprise of defining the technical standard for the cobalt and nickel industry. In addition, GEM is a national recycle economy demonstration pilot enterprise, which is committed to the recycling of used batteries, electronic wastes and all kinds of cobalt and nickel wastes, the annual handling capacity is more than *0, **0 tons, representing the advanced level on used batteries and electronic wastes recycling in China. GEM is centralized collection unit of China used-battery and electronic wastes, which has installed *5, **0 used-battery collection bins and established a network of used-battery collection in more than *0 cities such as Shenzhen, Wuhan with the amount of daily recycling more than 2, **0 tons.