In April 2026, the listed company Chengfa Environment released its 2025 ESG report.

Its subsidiary Chengfa City Services, addressing issues such as weak integration in the recycled resources recovery system and incomplete industrial chain links, leverages its urban sanitation business foundation to build a province-wide three-tier recovery network and create a four-in-one waste recovery and circular utilization system of “point-station-yard-sorting center”. Through the “direct operation + alliance” model, it revitalizes local low-efficiency assets and promotes the comprehensive collection, efficient transfer, and high-value utilization of waste paper, waste plastics, waste textiles, and other categories.

The “Dumdum Recycling” digital platform has been launched. It provides basic functions such as online booking, connected weighing, and data upload, and innovatively realizes online payment upon delivery, fully achieving the integration of the five flows. It obtained exclusive authorization from Tencent for “Payment-Based Invoice Issuance” in Henan Province, building an industry benchmark for online transactions.

The recycled resources platform “Chengfa Chainlink” is a comprehensive service platform for recycled resources backed by state-owned capital. Focusing on the entire industrial chain of recycled resources, it helps enterprises build standardized and institutionalized business processes, provides governments with support for compliant transaction supervision and operational control, and integrates enterprise management, industry supervision, transaction matching, risk prevention and control, financial services, and policy support. By building standardized business processes and achieving the integration of the five flows: contract flow, capital flow, logistics flow, invoice flow, and information flow, together with blockchain traceability, the platform innovatively introduces the “Payment-Based Invoice Issuance” reverse invoicing model, and offers services such as intelligent on-site recycling, traceable systems, visualized data analysis, operational early warning, government visual monitoring, and dedicated ERP and industry operation support. Relying on six advantages of platformization, intelligence, networking collaboration, personalized customization, service extension, and digital management, it effectively improves industry standardization and digitalization, reduces corporate tax and compliance costs, provides data support for precise government supervision and scientific decision-making, and helps the high-quality development of the recycled resources industry and the construction of a “zero-waste city”.