On August 14, 2026, Yingtan High-Tech Zone in Yingtan, Jiangxi Province, successfully held a signing ceremony for a cooperation agreement on recycling renewable resources under the “four-flow integration” model, helping establish a fully compliant development pathway for the industry. Following the signing of the agreement, reverse invoicing transactions by recycled copper enterprises in Yingtan High-Tech Zone achieved full coverage under the “four-flow integration” compliance model, laying a solid foundation for the standardized development of the local renewable resources industry. Zhou Guchang, Secretary of the Party Working Committee of Yingtan High-Tech Zone, and Wu Yinlian and Xu Zhenyu, members of the Party Working Committee and Deputy Directors of the Administrative Committee of Yingtan High-Tech Zone, attended the signing ceremony.

At the ceremony, two financial institutions, Industrial and Commercial Bank of China and China Merchants Bank, each signed cooperation service agreements with seven key recycled copper enterprises in Yingtan High-Tech Zone, including Hongteng Metal and Bosheng Copper. Leveraging the banks’ digital systems, the parties fully implemented a closed-loop management model integrating contracts, logistics, funds and invoices. The model is designed to address industry pain points, including fragmented transaction chains, incomplete documentation and high compliance risks, and to establish a fully traceable, standardized and compliant transaction system.

To date, five recycled copper enterprises in Yingtan High-Tech Zone have processed five compliant reverse invoicing transactions through the banks’ “four-flow integration” systems, with a cumulative transaction value of more than RMB 5 million. A new model of industrial development based on bank-enterprise collaboration and compliance support is beginning to take shape.

Going forward, Yingtan High-Tech Zone will continue to deepen regular cooperation between banks and enterprises, promote the digital “four-flow integration” compliance transaction model, further improve service processes and expand policy coverage. Building on its recycled copper industry strengths, the zone will continue to improve the circular economy ecosystem and promote the digital and standardized transformation and upgrading of the local renewable resources industry, providing lasting momentum for high-quality development of the zone’s green economy.