About CHIHO ENV Company

Qihe Environmental Group Co., Ltd. (“Qihe Environmental Protection”, stock code: 976) is a global leader in the recycled metals and environmental protection industry. It is mainly engaged in the collection, recycling, dismantling, sorting and treatment of mixed waste metals and other resources to recycle reusable resources including black and non-ferrous metals, precious metals, plastics, paper and components. The Group can process industrial waste metals including steel, iron, copper, aluminum, and other waste metals from manufacturing, end-of-life vehicles and electrical appliances, factory and building demolition, household and industrial electronic waste, and municipal solid waste. Currently, the Group's business covers more than 30 countries and regions in Europe, Greater China and North America, and has more than 200 material yards, including metal treatment facilities equipped with a one-stop system integrating collection, concentration, classification and treatment. In addition, Qihe Environmental sells high-quality scrap metal, waste circuit boards and other products to various end users around the world, including copper refineries, foundries, steel mills, aluminum and copper products manufacturers. At the end of 2016, the Group completed its acquisition of Scholz Holding GmbH (“Scholz”). Scholz is one of the world's largest mixed-metal recyclers and has advanced end-of-life vehicle treatment capabilities. After more than 100 years of refinement, Scholz has developed a number of advanced technologies, making it one of the few companies in the world that can process and recycle a variety of materials. Qi He Environmental hopes to reduce dependence on natural resources and environmental impact through recycling and reuse of urban mines and resources.