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The Qingdao Laixi Municipal Taxation Bureau helps a home appliance recycling enterprise, Qingdao Hailvyuan Circular Technology Co., Ltd., issue a reverse invoice for the integration of the “three flows”.
Jul 12, 2026

"Issuing invoices is difficult" has long been a pain point for renewable resource recycling companies. Because suppliers are mostly scattered households and private individuals, companies often find it hard to obtain compliant invoices for deduction, which brings significant tax risks.

  Since 2025, the Laixi Municipal Tax Service, following the major deployment of the CPC Central Committee on the concept of green development, has fully implemented the policy to support the reverse invoicing pilot for renewable resource recycling, helping the policy achieve tangible results. It has organized many special policy guidance sessions and provided one-on-one services for relevant enterprises. From the concept of reverse invoicing, operating procedures, and tax declaration, it has explained policy requirements and clarified operational steps for recycling companies, ensuring that taxpayers understand the policy and know how to operate, while also strengthening risk monitoring and reminders regarding business authenticity and invoice compliance, guiding renewable resource enterprises to operate in accordance with laws and regulations.

  "We are mainly engaged in waste home appliance recycling and utilization. Most of our sellers are individuals, so issuing invoices was relatively difficult. Now the tax authorities have introduced the 'reverse invoicing' policy, and suppliers can use WeChat scan-to-pay invoices to automatically issue invoices. The 'three-in-one' reverse invoicing not only helps us avoid tax risks, but also reduces financial costs," said the person in charge of Qingdao Hailvyuan Circular Technology Co., Ltd. In the office of Qingdao Hailvyuan Circular Technology Co., Ltd., company finance staff demonstrated to tax officers the operation process of the individual seller "scan to issue invoice" for the purchase link. It took only about one minute to successfully issue an invoice, and the whole process was clear and convenient. Tax officers also reminded the company of matters such as establishing purchase account records and keeping relevant supporting documents, urging the company to operate in compliance with laws and regulations.

  Since the reverse invoicing policy was introduced, Qingdao Hailvyuan Circular Technology Co., Ltd. has successfully issued 3,917 reverse invoices to individual waste product sellers, totaling 144 million yuan. The relevant costs now have legally compliant deduction vouchers, greatly reducing the company's tax burden.

  The reverse invoicing policy for renewable resource recycling is a favorable measure supporting the development of the circular economy. Next, the Laixi Municipal Tax Service will continue to conscientiously implement this major tax policy, continue to serve as the policy's "promoter" and the operation's "guide," ensure that enterprises fully understand the policy and keep procedures running smoothly, make policy implementation more steady and orderly, and help renewable resource enterprises move forward lightly on the path of green development.

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About RESOLAR

Shanghai RESOLAR Energy Technology Co., Ltd. is committed to becoming a recycled material photovoltaic group with deep decarbonization. RESOLAR focuses on technological innovation and builds a world-leading solution for component recycling, impurity removal of damaged cells, recycled silicon materials and cells, and cascaded utilization of components. With professional technology and services, we help customers realize the recycling and reuse of waste photovoltaic resources, and make positive contributions to the development of environmental protection and new energy industries. For more detailed information, you can browse the official website: www.resolartech.com .