In 1985, Zhang Yin went to Hong Kong alone with 30,000 yuan, because Hong Kong and the mainland were extremely short of paper resources, so she saw the opportunity to start waste paper recycling in Hong Kong.
In 1988, Zhang Yin established a wholly-owned paper mill in Dongguan and then turned her attention overseas. She found that the waste paper market in Country M is much larger than the domestic market. As a result, Zhang Yin expanded the waste paper recycling business in M country and established Zhongnan Holding Company.
In 1996, Nine Dragons Paper was invested by Zhang Yin with a capital of $110 million. Then Zhang Yin opened the huge waste paper market in country M, purchased the waste paper of country M at a low price, and then shipped these waste paper back to China, Zhang Yin earned the first bucket of gold by using low-buy processing, and then in the long run, profits continued to be generated. In the whole process, Zhang Yin also made use of the rich waste paper resources of country M, and the advantages of cheap land resources and manpower in China. The waste paper industry chain built by Zhang Yin and her husband has earned a full 7 billion yuan in the M country. Through Zhang Yin's deeds, we can find that the opportunities she seized are the shortage of paper resources and the recycling market of waste paper resources. Although the current Nine Dragons enterprises have become bigger and stronger in the industry, it is still a drop in the ocean, only because the current recycling rate of Waste Paper Resources in China is only 49%.
The reason why the recycling rate of waste paper resources in China has been at a low ebb for a long time is that the demand and consumption of domestic paper resources have been increasing. Especially after the rise of the online shopping industry, the express delivery industry alone will produce 9 million tons of waste paper shells a year, but this is only one of them. The occurrence of the black swan event in 2020 has led to a surge in the consumption of various resources, especially packaging paper, which is extremely large and is still surging.
In terms of waste paper recycling, China originally had imported waste paper resources, but the impact of the foreign garbage incident, China has introduced a clear policy on the import of foreign garbage, and implemented strict control. And the outbreak of black swan events, China can no longer rely on the import of foreign waste paper to meet the demand, so the domestic waste paper recycling market has become a pillar.
With the intensification of the situation in the waste industry, the Internet + recycling model was quietly born, and the waste recycling industry took this opportunity to change its face, from disorderly development, opaque prices, dirty recycling stations, and unsafe door-to-door scavengers. Up to now, the use of intelligent waste recycling platform has successfully integrated the industry, and the entire recycling market has been promoted to standardization, organization and large-scale development by unifying waste transaction pricing and integrating recycling stations. The birth of the Internet + waste recycling model has made the waste recycling industry suitable for places such as communities, institutions, office buildings and other places with dense personnel. Moreover, the current environment has become the soil for the development of the Internet + waste recycling model, and the promulgation of various policies has made the current waste recycling industry a project on the outlet.