GEM Co., Ltd. Approves Election of Wei Wei as Non-Independent Director and Pan Feng as Independent Director At the Extraordinary General Meeting Held on March 11, 2022

GEM Co., Ltd. specializes in the recycling services for non-ferrous metals and secondary materials. The group provides recovery, treatment and recycling services for used batteries, waste electrical and electronic equipment (computer equipment, televisions, mobile phones, etc.) and special solid waste (cars, scrap metal, etc.). The group's products consist mainly of nickel, tungsten cobalt, and thermoplastic composites.