Dongwu Securities released a research report stating that it is a resource leader for selected raw materials channels, purification technology, qualification barriers, and downstream customers. The growth of the AI metal recycling industry is not a simple expansion of production capacity, but rather “being able to receive, be able to sell well, and have strong compliance.” On the raw material side, high-grade materials such as electronic waste, industrial catalysts, and precious metal waste liquid waste residue are required; on the technical side, complex material separation, multi-metal collaborative recycling and high-purity refining capabilities; on the qualification side, hazardous waste management, environmental compliance and safe production form the industry entry threshold; clients, if downstream cover high-end manufacturing fields such as semiconductors and electronic materials, directly enjoy the dividends of demand expansion.

Dongwu Securities released a research report stating that it is a resource leader for selected raw materials channels, purification technology, qualification barriers, and downstream customers. The growth of the AI metal recycling industry is not a simple expansion of production capacity, but rather “being able to receive, be able to sell well, and have strong compliance.” On the raw material side, high-grade materials such as electronic waste, industrial catalysts, and precious metal waste liquid waste residue are required; on the technical side, complex material separation, multi-metal collaborative recycling and high-purity refining capabilities; on the qualification side, hazardous waste management, environmental compliance and safe production form the industry entry threshold; clients, if downstream cover high-end manufacturing fields such as semiconductors and electronic materials, directly enjoy the dividends of demand expansion.