Estimted Value of 8 Billion, Huanhuan Huishou Seize International Market worth Trillion RMB

According to statistics, the annual sales volume of mobile phone reaches 2 billion, among which there are 0.5 billion sold within China, taking 1/4 of global market. On the contrary, the competition for second-hand phones is rather simple.

The phone recycling rate in US reaches 48%, Hong Kong 60%, while Mainland China only 2%. Most old phones are still preserved by consumers and do not be processed by market. According to the average recycling price of RMB600, the whole market of second-hand phones reaches 300 billion Yuan. That means there is almost 30 times of improvement in the second-hand market.

Moreover, the recycling industry in most countries is slow like China. Only a few countries are doing better. So the international second-hand phone market is also a very big cake worth trillion dollars. Meanwhile, with its own recycling channels, Huanhuan Huishou is going to seize the global market with its belief of environmental protection.

Huanhuan Huishou covers 69 major cities and 33 small cities in China, South-East Asia, India, Middle-East, Africa, and North America. It takes the lead in local markets, serving 0.5 billion people with estimated sales vulume of 3 billion Yuan. The company has recycled 8 million phones in 2017. And it exceeds this number in the first half of 2018.

Huanhuan Huishou, an environmental-friendly recycling platform with 8 billion Yuan value, has become the first environmental Internet company in China. In the occasion of 3rd Anniversary, we express our gratitude to our 50 million users, thank you.