Ningbo Huanshen GarbageClassification Service Co., Ltd., invested by Shanying International, focuseson urban green environmental protection services, including the construction ofurban renewable resources recycling system, the construction of urban generalindustrial solid waste recycling and disposal system, the operation ofintegrated sanitation multi-network fusion, the construction and operation ofintelligent sanitation station, and the operation of recycling economyindustrial park. Relying on Shanying International's strong industrial chainlayout and resource integration capability, Ningbo Huanshen opens up thesystems of urban sanitation, waste classification, waste removal and resourcerecovery, realizes multi-network integration services, promotes businessdigitization, online and intelligence, and assists in the construction of smartcities.

By the end of 2022, Ningbo Huanshen has invested in the construction of 40 full-category green sorting centers, and its business has covered many cities such as Ningbo, Jiaxing, Putian, Baotou, etc., with an annual output value of more than RMB 1 billion, and has assisted the local government in completing the municipal examination of garbage classification. In 2022, Huanshen has been awarded as a key recycling enterprise of the Ministry of Commerce of the People's Republic of China and one of the 169 key recycling enterprises of the Ministry of Commerce of the People's Republic of China as well as the Powerful Resource Recycling Enterprise of Zhejiang Province.

Shanwei Resources is a joint venture among Shanying International, Veolia China and Ningbo Deep Blue. By combining the three concepts of "Carbon Neutrality + Recycling of All Categories + Fine Sorting", and working with partners around the world, Shanwei Resources has the aim of providing Shanying's domestic factories with sufficient resources of waste paper, and Veolia China with renewable waste plastics in line with green and quality requirements; in addition, it provides local governments with green and safe sorting services for all types of renewable resources, implements the goal of building a waste-free city, contributes to the national "Carbon Peaking and Carbon Neutrality" plan, and realizes the concept of "Renewable Resources, Endless Life".

According to the carbon peaking and carbon neutrality concept, Shanwei Resources will focus on investing in the construction of urban renewable resources big data platforms and all-category green sorting centers in cities across the country, engage in the recycling and utilization of all categories of renewable resources, and invest in the construction of all-category green sorting centers through the unified planning and layout in the cities. With the support of the modern Internet of Vehicles, intelligent Internet of Things, and big data information technology, it will create a "recycling and recycling service" that "collects resources at source, sorts them and treats them, and finally directly delivers them to terminals for recycling ", so as to enhance the ability of urban comprehensive environmental governance and boost the development of circular economy.