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ATRenew
ATRenew (formerly AiHuiShou) is a Chinese company established in 2011 and headquartered in Shanghai, founded by Kerry Xuefeng Chen. ATRenew operates two main business segments: a second-hand product trade and service system, and an urban green industry chain business. The company has several subsidiaries, including AHS Recycle, and maintains a strategic partnership with JD.com, which was its largest investor prior to ATRenew’s rebranding. ATRenew is traded on the NYSE. History The company launched in 2011 as ATRenew as a recycling service for mobile phones. Over time, it expanded its focus to include a broader range of consumer electronics, gradually increasing its physical and online presence across China. In 2015, AiHuiShou began collaborating on trade-in programs with JD.com and Xiaomi. In 2017, AiHuiShou started automating its operational systems and established an operation center in Changzhou. In 2018, AiHuiShou launched a B2B trading platform for pre-owned consumer ...
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Kerry Chen
Kerry Chen is a Chinese entrepreneur and founder of ATRenew (previously known as AiHuiShou), a company focused on recycling Used good, secondhand mobile phones headquartered in Shanghai. He was listed in the Fortune China 40 Under 40 in 2018 and received the Green China Person of the Year 2020-2021 nomination. Early life Chen was born in 1980 in Huangshi, a city in the Chinese province of Hubei. Chen earned his bachelor's degree in computer science from Tongji University and a master's degree in computer science from Fudan University in 2006. Career Chen began his career as a product manager at SYKES China in 2006 and remained in the position until June 2010 when he resigned. In 2011, he founded AiHuiShou – an online based company specialized in recycling secondhand mobile phones in Changhai. In 2017, Chen began to be noticed as his company grew and was recognized in the second edition of “Top 10 Internet Entrepreneurs in Shanghai" alongside Colin Huang, founder of e-commerc ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ...
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Xi'an
Xi'an is the list of capitals in China, capital of the Chinese province of Shaanxi. A sub-provincial city on the Guanzhong plain, the city is the third-most populous city in Western China after Chongqing and Chengdu, as well as the most populous city in Northwestern China. Its total population was 12.95 million as of the 2020 census, including an urban population of 9.28 million. Known as Chang'an throughout much of its history, Xi'an is one of China's Historical capitals of China, Four Great Ancient Capitals, having held the position under several of the most important dynasties in Chinese history, including the Western Zhou, Qin dynasty, Qin, Western Han, Sui dynasty, Sui, Northern Zhou and Tang dynasty, Tang. Xi'an is now the second-most popular tourist destination in China. The city was one of the terminal points on the Silk Road during the ancient and medieval eras, as well as the home of the 3rd-century BC Terracotta Army commissioned by Emperor Qin Shi Huan ...
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Companies Of China
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation ...
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Recycling In China
Recycling is the process of converting waste materials into new materials and objects. This concept often includes the recovery of energy from waste materials. The recyclability of a material depends on its ability to reacquire the properties it had in its original state. It is an alternative to "conventional" waste disposal that can save material and help lower greenhouse gas emissions. It can also prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, reducing energy use, air pollution (from incineration) and water pollution (from landfilling). Recycling is a key component of modern waste reduction and represents the third step in the "Reduce, Reuse, and Recycle" waste hierarchy, contributing to environmental sustainability and resource conservation. It promotes environmental sustainability by removing raw material input and redirecting waste output in the economic system. There are some ISO standards related to recycling, suc ...
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