The Ningde State-owned Assets Resource Recycling and Reuse Platform is the first open e-commerce platform for resource circularity in Fujian Province. Since its launch in November 2024, it has undertaken more than 100 business transactions, with the total value of listed assets reaching RMB 53.924 million. Nearly 300 administrative agencies, public institutions, and enterprises have now joined the platform, with business operations extending across 14 provinces and cities nationwide.

On July 10, 2026, Wang Yueqi, Deputy Director of the Ningde State-owned Assets Supervision and Administration Commission, led Zhang Jinming, Director of the Office of the Ningde State-owned Assets Supervision and Administration Commission and a Level-IV Researcher, and other officials on a visit to the Ningde Materials Group to investigate the operation of the Ningde State-owned Assets Resource Recycling and Reuse Platform. Huang Feiyuan, Member of the Party Committee and Deputy General Manager of the Ningde Urban Investment Group, and others accompanied the investigation.

The Ningde State-owned Assets Resource Recycling and Reuse Platform is the first open e-commerce platform for resource circularity in the province. Since its launch in November 2024, it has achieved significant operational results, undertaking more than 100 business transactions, with the total value of listed assets reaching RMB 53.924 million, an average premium rate of 24%, and premium proceeds of RMB 4.23 million. Nearly 300 administrative agencies, public institutions, and enterprises have now joined the platform, with business operations extending across 14 provinces and cities nationwide.

The investigation team fully affirmed the platform’s progress in its current stage of development. Regarding its future development, Wang Yueqi put forward three requirements:

First, deepen market-oriented operations, abandon passive development thinking, explore the potential of segmented markets, expand diverse business scenarios, and build the platform’s core competitiveness.

Second, innovate diversified business models, connect the entire supply chain for materials disposal, explore an integrated “platform + finance” model, leverage new media to broaden promotional channels, and enhance the platform’s brand influence and transaction volume.

Third, pool efforts for coordinated development, integrate high-quality resources from municipal state-owned enterprises, strengthen collaboration among state-owned enterprises, connect with various policy resources, and overcome development bottlenecks.