Henan Circular Group Invests 250 Million CNY, Zhongyuan Green Circular Economy Demonstration Park‌ Breaks Ground

On November 25, a grand groundbreaking ceremony was held for the Zhongyuan Green Circular Economy Demonstration Park project in Yanshi District, Luoyang City, Henan Province.

The park is being invested in and constructed by Henan Circular Technology Industry Group Co., Ltd., with a total investment of 250 million yuan. The first batch of four key projects, concentratedly starting construction, covers core modules such as high-value application of recycled PET. This project is a concrete practice by Henan Province to implement the action plan for building a waste recycling system. Its implementation will effectively streamline the resource recycling chain, promote the transformation of regional industries towards greening and high-end development, and inject strong momentum for cultivating new quality productive forces.

Shan Rongwen pointed out that the construction of the Zhongyuan Green Circular Economy Demonstration Park is an innovative strategy for cultivating new growth engines and a demonstration project for government-enterprise win-win cooperation. Henan Investment Group will fully leverage its comprehensive advantages in capital, industry, and resources to fully support the park's development, help create an industry model with leading technology, complete chains, and outstanding benefits, and inject green momentum for Yanshi's goal of "anchoring a total target of 100 billion yuan and recreating Yanshi's new glory" and for the high-quality development of the province's circular economy.

The Zhongyuan Circular Economy Demonstration Park is located within the Luoyang Yanshi District Advanced Manufacturing Development Zone, 80 kilometers from downtown Zhengzhou and 20 kilometers from downtown Luoyang. The total planned land area is approximately 368 hectares, with 45.3 hectares of available construction land and 840 mu (56 hectares) of land included in the comprehensive development plan. Currently, approximately 760 million yuan has been invested to build a 68,000-square-meter comprehensive service center, R&D center, and 11 standardized factory buildings totaling 71,900 square meters. Supporting facilities such as the 110kV Xuancí substation, a gas supply station from Henan Coal Gas Company, a gate station for XinAo ZhongYu Gas, the Guxian Water Plant, and the Yanshi District Fourth Sewage Treatment Plant have been completed in the surrounding area.

The planned industrial directions for the park are: 1) electronic waste recycling, 2) used power battery recycling, 3) recycled plastics/recycled fibers, 4) remanufacturing, 5) recycled aluminum, and 6) energy-saving and environmental protection equipment (for circular industries).