Breaking Down Shandong Intco Recycling Resources Co., Ltd. Financial Health: Key Insights for Investors

Shandong Intco Recycling Resources Co., Ltd. (listed as 688087.SS) is a high‑tech recycled‑products manufacturer headquartered in Zibo, Shandong, operating production bases across Shanghai, Anhui, Jiangsu, Malaysia and Vietnam with more than 3,400 employees, a global footprint selling into over 130 countries and regions, and a unique model that converts recycled plastics into consumer goods like styrofoam compactor machines, r‑PS pellets and decorative materials; driven by a mission to prioritize sustainable resource recycling, Intco processes up to 150,000 tons of EPS foam and 50,000 tons of PET bottles annually - collectively saving an estimated 450,000 tons of crude oil and cutting 300,000 tons of carbon emissions each year - while pursuing a vision of global leadership through technological innovation and embedding its core values of "Love, Goodness, Truth," integrity, teamwork and ESG principles into its operations.

Shandong Intco Recycling Resources Co., Ltd. (688087.SS) - Intro

• Headquarters: Zibo, Shandong Province
• Production bases: Shanghai, Anhui, Jiangsu, Malaysia, Vietnam
• Employees: >3,400
• Global markets: products sold in over 130 countries and regions
• Shanghai Stock Exchange listing: 688087.SS

• Circularity - prioritize reuse and closed-loop product design.
• Innovation - invest in R&D for efficient recycling technologies and product development.
• Quality - deliver reliable products from recycled feedstock that meet performance and safety standards.
• Environmental stewardship - quantify and minimize ecological footprint across operations.
• Partnership - collaborate with governments, NGOs, and supply-chain partners to scale collection and recycling.

• Feedstock collection and pre-processing - aggregated regional collection of EPS and PET, preparing material for conversion.
• Recycling & material production - r-PS pellets, r-PET intermediates, and specialty blends for downstream manufacturing.
• Finished products - styrofoam compactor machines, decorative materials, packaging components, and other consumer items produced from recycled polymers.
• OEM/ODM partnerships - supplying recycled-material components and finished goods to multinational customers.

• Integrated domestic and international production footprint enabling regional supply continuity (China, Malaysia, Vietnam).
• High processing scale for EPS and PET supporting cost efficiency and large-volume contracts.
• Measurable environmental benefits that support ESG positioning and policy alignment with circular-economy initiatives.

Shandong Intco Recycling Resources Co., Ltd. (688087.SS) - Overview

Shandong Intco Recycling Resources Co., Ltd. (688087.SS) centers its corporate purpose on resource recycling to support the sustainable development of the planet. The company's mission emphasizes environmental stewardship, technological innovation, and customer service excellence across its recycling operations.

• Primary mission: focus on recycling of resources for the sustainable development of the Earth.
• Operational capacity (annual): 150,000 tons EPS foam; 50,000 tons PET bottles-direct contributors to waste diversion and circular material flows.
• Technology emphasis: deployment of advanced recycling and processing technologies to improve throughput, yield, and product quality.
• Customer focus: supply of high-quality recycled materials tailored to diverse downstream requirements to maximize reuse and value recovery.
• Consistency: mission sustained over time with continuous investments in processes and R&D to scale environmental impact reduction.

Vision - positioning Shandong Intco as a leader in closed-loop material solutions by integrating scale, technology and market responsiveness to enable large-scale circularity in plastics and foam.

• Scale: expand recycling throughput to meet rising global demand for secondary raw materials.
• Innovation: continuous adoption and development of state-of-the-art recycling technologies.
• Market alignment: deliver reproducible, spec-compliant recycled products that satisfy industrial and consumer supply chains.

Core values driving daily operations and strategic choices:

• Environmental responsibility - prioritize measurable reduction in waste and emissions.
• Technological excellence - invest in processing, sorting and purification advances.
• Customer-centricity - ensure product consistency, traceability and service reliability.
• Integrity & compliance - adhere to environmental regulations and corporate governance standards.
• Continuous improvement - scale solutions and optimize cost-to-impact ratios.

For a deeper dive into the company's financial profile and investor-relevant metrics, see: Breaking Down Shandong Intco Recycling Resources Co., Ltd. Financial Health: Key Insights for Investors

Shandong Intco Recycling Resources Co., Ltd. (688087.SS) Mission Statement

• Develop and deploy advanced recycling technologies for polystyrene foam and other plastics to maximize material recovery and product quality.
• Scale geographically to serve global supply chains-optimizing production footprints in China while expanding capacity in Malaysia and Vietnam.
• Translate recycling output into commercially competitive, high-tech products that reduce reliance on virgin petrochemical feedstocks.
• Maintain continuous R&D investment to lower energy intensity, increase yield, and broaden recyclable polymer streams.

• Become a global leader in high‑tech recycled resource manufacturing with consistent technology-driven growth across Asia and beyond.
• Lead industry efforts in recycling and reusing polystyrene foam and other plastics through closed‑loop processes and proprietary technologies.
• Deliver verifiable environmental benefits: currently reported annual savings of 450,000 tons of crude oil equivalent and reductions of 300,000 tons of carbon emissions attributable to recycled outputs.
• Expand production and service footprint-notably through facilities and partnerships in Malaysia and Vietnam-to strengthen global supply-chain resilience and market access.

• Investors: a clear mission/vision alignment toward circular-economy revenue streams with international expansion supporting diversified market exposure - see financial context in Breaking Down Shandong Intco Recycling Resources Co., Ltd. Financial Health: Key Insights for Investors.
• Customers and OEMs: access to recycled, compliance-ready materials that help meet corporate ESG and scope-reduction targets.
• Regulators and communities: measurable environmental benefits (crude oil and CO2 reductions) supporting policy goals for waste reduction and emissions control.

Shandong Intco Recycling Resources Co., Ltd. (688087.SS) - Vision Statement

• Mission focus: accelerate nationwide resource recycling infrastructure, enhance recycling technology, and scale closed-loop material flows for plastics, textiles and industrial by-products.
• Strategic horizon: become a top-tier circular solutions provider in China and select export markets by 2030 with measurable ESG outcomes.
• Operating principles: integrity, diligence, professionalism, teamwork and customer-first service across procurement, processing and sales.

• Love - prioritize employee welfare, stakeholder respect and community investment (training programs, local recycling initiatives, public education campaigns).
• Goodness - pursue social responsibility through transparent governance, fair labor practices and supplier audits.
• Truth - maintain rigorous data transparency, third-party verification of environmental metrics and compliance with regulatory standards.

• Environmental: continuous investment in processing efficiency, reported 7-12% year-over-year improvement in material recovery rates at core facilities; deployment of low-emission equipment contributing to the estimated 120,000 tCO2e avoidance in 2023.
• Social: workforce development programs, apprenticeship and skill-upgrading courses reaching several thousand participants annually; community collection drives and public recycling education in multiple provinces.
• Governance: established compliance frameworks, regular internal audits, and enhanced supplier due-diligence to ensure ethical sourcing and operational integrity.

• Customer-first: tailored recycling contracts and closed-loop supply agreements leading to recurring revenue streams representing a significant share of annual sales.
• Teamwork & professionalism: cross-functional R&D teams delivering incremental yields in material purity and cost reductions.
• Integrity: public ESG reporting cadence and external recognition (Best ESG Practice Award, 2023) that validate the company's governance and disclosure practices.