North Star Recycling and Hefei Hengli Strategic Cooperation Jointly Build a New Ecology of Recycling

North Star Advanced Recycling Technology (Qingdao) Co., Ltd. (hereinafter referred to as North Star Recycling) and Hefei Hengli Equipment Co., Ltd. (hereinafter referred to as Hefei Hengli) signed a strategic cooperation agreement in Hefei.

Chen Hao, assistant general manager and general manager of investment department of China Merchants Venture Capital,China Electric Power 43, and Xu Jinlong, deputy chief engineer, Zhang Tao, chairman and general manager of North Star Recycling, and Zhu Bing, chairman and general manager of Hefei Hengli, signed a cooperation agreement on behalf of the two companies.

Dr. Zhang Tao introduced the development and original technology of North Star Recycling, and reviewed the cooperation process between the two sides. He said that North Star Recycling is committed to innovative recycling technology to help customers reduce carbon intensity and sustainable development. It is believed that the cooperation with Hefei Hengli will further consolidate the comprehensive competitiveness of both sides and achieve win-win.

Chen Hao introduced the development history and entrepreneurial philosophy of China Merchants. China Merchants Venture Capital looks forward to growing together with North Star Recycling to build a world-class resource recycling comprehensive utilization technology innovation enterprise.

North Star Recycling hopes to combine Hefei Hengli's advanced equipment R & D and production experience with its own original technology into its work, continue to promote innovation ability and application level, bring new vitality to the innovation and development of the industry, and create green, low-carbon andavailablecontinuing areas.