China Rongtong Resources Development Group Co., Ltd., registered in Haidian District, Beijing on September 30, 2020, is a wholly-owned subsidiary of China Rongtong Asset Management Group Corporation Limited. As a specialized agency for the disposal of decommissioned and scrapped materials, China Rongtong Resources Development Group implements the national circular economy development strategy and strives to enhance the value of decommissioned materials. Focused on the mission of sources development, carbon emission reduction, and maximum of value, the company sticks to functional development, resource utilization, and harmless disposal, and is committed to developing into a leading enterprise in resource recycling and a national force in the field of circular economy, through technological innovation and business model innovation. The company's business scope includes material recycling management, resources regeneration and sales, green environmental protection and resource recycling technology research and development, international and domestic trade, and special cargo warehousing and logistics.