1.4 billion capital operation: Henan Circular Technology merger and acquisition settled, equity change of ownership
2025-11-17
On November 10, 2025, 16.38% equity of Henan Circular Technology Industry Group Co., Ltd. was listed for transfer at a bottom price of 400 million yuan, with Henan Circular Group as the transferor. The listing deadline is December 8. This equity transfer coincides with the group's recent completion of nearly 1 billion yuan mergers and acquisitions of multiple renewable resource enterprises under GEM Co., Ltd.
1.Details of Equity Transfer
The transferor, Henan Investment Group, holds 100% equity of Henan Circular Group. The proposed transfer of 16.38% equity requires a deposit of 50 million yuan, and the transferee is required to complete the contract and pay the transaction amount in full within 5 working days.
From the end of 2024 to October 2025, Henan Recycling Group has successively acquired multiple electronic waste recycling enterprises under GEM Co., Ltd., including Jiangxi Green Recycling Co.,Ltd., with a total transaction price of approximately 960 million yuan. Through mergers and acquisitions, its electronic waste recycling projects have increased to 15, with an annual production capacity of 300000 tons of recycled plastics.
State owned assets make another move! Henan Circular acquires 100% equity of Jiangxi Green Recycling Co.,Ltd.
2.Enterprise Backgroun and Stragegic Intent
Henan Recycling Group is a provincial-level renewable resources platform wholly owned by Henan Investment Group, with a registered capital of 2 billion yuan, focusing on circular economy fields such as electronic waste treatment and recycled plastics.
Henan Recycling Group is a provincial-level renewable resources platform wholly owned by Henan Investment Group, with a registered capital of 2 billion yuan, focusing on circular economy fields such as electronic waste treatment and recycled plastics.
This equity transfer is seen as a capital optimization action, which may introduce strategic investors, promote mixed ownership reform, and further integrate industry resources to consolidate the layout of the industrial chain.
According to the official website of Henan Investment Group, Henan Circular Group was formerly known as Beijing Xinyi Resource Technology Co., Ltd. It relocated from Beijing to Zhengzhou on November 22, 2024 and was officially renamed and established. Henan Recycling Group is the implementation platform of Henan Investment Group in the field of solid waste and renewable resource treatment and disposal, and is the market-oriented lever for resource reuse and the "two new" policies in Henan. The company is committed to building a green low-carbon circular development economic system, with "resource recovery and reuse" as the core, forming a whole industrial chain layout covering electronic waste treatment, scrapped automobile disassembly and remanufacturing, circular economy industrial park operation, intelligent manufacturing of green new materials, circular economy Internet plus and other fields.
3.industry impact
As a provincial-level renewable resources industry platform, Henan Circular Group recently completed a nearly 1 billion yuan merger and immediately listed for transfer of 16.38% equity. This action not only reflects the capital optimization after consolidating the layout of the entire industry chain, but also provides a typical case for the integration of resources in the fields of mixed ownership reform of state-owned enterprises and green recycling economy. The intensive operation of "mergers and acquisitions+transfers" in the short term has attracted widespread market attention, highlighting the continuous exploration of capital operation and business coordination balance by overseas enterprises in the expansion of green economy. The determination of the subsequent equity transferee and the adjustment of the company's strategy deserve continuous attention from the industry.
Huicheng Environmental Protection and Strait Fund signed a contract! Landing 3 million tons of waste plastic chemical recycling
CARBIOS collaborates with Wankai New Materials to build a PET biological recycling factory, which will be launched in 2026 with an annual production capacity of 50000 tons
Related Article
Changhua Chemical Reports Progress in Low-Temperature Chemical Depolymerization of PET Waste
5.2 Billion Yuan Investment: Anhui Recycled Polyester Project to Commence Operation Post-Spring Festival
