Hangzhou Fubang Dadi Resources Recycling Co., Ltd, located in Tonglu Town Economic Development District of Zhejiang, adjacent to 320 national road and Hangxinjing Expressway, is a controlling company of Fubang (holdings) Limited, with a registered capital of RMB 400 million. Supported by domestically advanced equipment for environmental protection, the Company is devoted to constructing a system in collection, carriage and comprehensive use for an all-round and standard disposal and utilization of nonferrous solid waste in an orderly manner so as to meet the requirement of reduction, re-use and zero hazard of solid waste, with a annual capacity of disposing 196000 tons of copper waste. At present, it is standing as a new enterprise professional in turning the waste into resources as well as a demonstration model of recycling economy in Zhejiang. In September 2011, Zhejiang Tonglu Dadi Recycling Economy Industrial Park where the Company located was officially awarded the China’s demonstration base of “City Minerals”.