Green energy company GEM Co Ltd, one of the first two Shenzhen-listed companies to issue global depositary receipts on a Swiss bourse, is expanding its overseas footprint to tap growing global demand for new energy and a circular economy.

绿色能源公司创业板有限公司是首批在瑞士交易所发行全球存托凭证的两家深圳上市公司之一，该公司正在扩大其海外业务，以满足全球对新能源和循环经济日益增长的需求。

GEM, representing Green, Eco and Manufacturer, also cooperated with several other new energy companies in 2019 to set up a joint venture, namely PT QMB New Energy Materials in Indonesia, to develop nickel materials.

代表Green、Eco和Manufacturer的GEM还在2019年与其他几家新能源公司合作成立了一家合资公司，即印尼PT QMB新能源材料公司，开发镍材料。

GEM was one of the first two Shenzhen-listed companies that issued GDRs on the Swiss bourse.

创业板是首批在瑞士交易所发行GDR的两家深圳上市公司之一。

The other is battery maker Gotion High-tech Co Ltd. GEM was listed on the Shenzhen Stock Exchange as China's first "urban mining" stock.

另一家是电池制造商高铁有限公司创业板作为中国第一只“城市矿业”股票在深圳证券交易所上市。

GEM also recycled over 60,000 tons of nickel and more than 30,000 tons of tungsten over the same period.

同期，GEM还回收了6万多吨镍和3万多吨钨。

It is the 1,000th listed company on Shenzhen's GEM board.

Guotai Junan Securities facilitated Qualified Foreign Institutional Investors (QFII) to finalize the first ever margin trading and stock borrowing and lending business by foreign institutional investors in the China A Share market, with underlying stocks ranging from the Main Board, Growth Enterprise Market (GEM), Science and Technology Innovation Board (STAR Market) and etc on Tuesday.

The building was officially designated as a city heritage site in 1997, but has been left vacant for the past two decades, a cultural gem waiting to rediscover its glorious past.

The Polaris GEM vehicles are considerably more expensive, but customers know they will get support from Polaris.

The pass also includes hop-on hop-off bus tours, Thames river cruises and access to “hidden gem” attractions.

The company's Florasis GEM Program works in conjunction with 200,000 consumers, who help choose the right items to market.

In October, a gem of such quality was only priced at around 2,000 yuan in our store in Tangyin county," said Chang Yuan, head of a gem-level lab-grown diamond store in Tangyin county, Anyang, Henan.

"I focus on gem products — the cash-cow peaches," he said, noting that his peaches are mainly sold to Beijing, Shanghai and Shenzhen, Guangdong province.

The cosmetics industry is a gem of China-French economic and trade exchanges, said Fabrice Megarbane.

The combination of the two fairs — the 39th Hong Kong International Jewellery Show and the 9th Hong Kong International Diamond, Gem & Pearl Show — is the largest such event in Asia.

Even though it was dinnertime on a weekday in early May, Zhang Yuping, vice-president of GEM Co Ltd, still talked with his colleagues on the phone about the progress of transporting a batch of used power batteries from new energy vehicles－which were bought from a large-scale State-owned enterprise in Zhuzhou, Hunan province－to its waste recycling and new energy material parks in Loudi, another city in the central province.

GEM, backed by more than 5,100 employees and more than 10 manufacturing bases across China, sold 91,000 metric tons of positive electrode precursor materials to domestic NEV battery makers through its recycling business in 2021, jumping 120 percent year-on-year.

For someone wearing a $8,000 diamond ring, color, clarity, cut and carat are what make the gem stone valuable.

"Lab-grown diamonds are much cheaper than mined stones, it only takes five to eight days to make a 1-carat stone, and more importantly, they are in abundant supply - companies can produce as much as the world wants," said Tang Bin, deputy director at the Gem Appraisal Center of Peking University, China's leading institute that offers diamond grading services.

According to Tang of the Gem Appraisal Center of Peking University, aside from Zhengzhou Sino-Crystal Diamond Co Ltd, ZhongNan Diamond Co Ltd, which takes up about 37 percent of China's total lab-grown diamond market share, and Henan Huanghe Whirlwind Co Ltd, which takes up about 26 percent of total market share, are also seeking innovative adaptations of lab-grown diamonds in emerging fields to move up the global value chain.

Lab-grown diamonds, which have been used for industrial purposes for decades, are now shaking up the $87 billion consumer market as cheaper alternatives to mined gem stones.

"Yet with technological advancements, many labs are now able to create gem-quality diamonds at lower costs," said Sun Lihua, a geologist at the Gem Appraisal Center of Peking University, China's leading institute that offers diamond grading services.

Today, the cost of making a lab diamond is about 30 percent lower than that involved in mining a gem of similar size and quality, said Li Zheng, research manager at market research provider Leadleo Research Institute.

"Meanwhile, the time it takes to grow a 1-carat diamond is now five to eight days, much shorter than the time it takes to create a mined diamond, which can take billions of years to form," said Tang Bin, deputy director of the Gem Appraisal Center of Peking University.

"Consumers from those generations are increasingly conscious of the environmental and ethical impact of their purchases, such as whether workers are fairly paid and the work is done in safe and environmentally friendly conditions, things that large corporations often fall short on despite promising to adhere to strict ethical and environmental standards," said Tang of the Gem Appraisal Center of Peking University.

It pointed out that making and polishing a 1-carat diamond can produce about 511 kilograms of carbon dioxide equivalent compared with 160 kilograms for a mined gem.

According to LeadLeo, China's EV battery recycling industry has seen increasing cooperation between NEV manufacturers like BYD Co Ltd, battery producers like Contemporary Amperex Technology Co Ltd, raw material processors like Huayou Cobalt and recycling institutes like GEM Co Ltd.

In August, Eve Energy Co Ltd announced a tie-up with GEM.

GEM pledged to supply over 10,000 tons of nickel products made from battery recycling for 10 consecutive years beginning in 2024, while Eve will provide retired batteries that contain nickel to GEM.

GEM is a Shenzhen-based high-tech company that focuses on the large-scale recycling of electronics and batteries.

The new rules on recycling scrapped vehicles will promote better market-orientated, specialized and intensive development of the scrapped automobile industry, according to GEM.

GEM Co Ltd, a Shenzhen-based company dedicated to recycling, has cooperated with new energy vehicle manufacturers such as BYD and Dongfeng.

GEM deputy general manager Zhang Yuping says the company has the largest scrapped battery processing line in China.

Zhang Yuping says GEM has a world-leading recycling base for waste batteries and cobalt, nickel and tungsten resources.

GEM already recycles more than 5,000 tons of cobalt annually and Zhang believes recycling will be a main source of cobalt in future.

Shenzhen-based GEM Co Ltd, a company principally focused on the recycling of batteries and one of the issuers this time, is planning to open a research and development center in Europe and already operates a factory in Indonesia, according to Yu.

GEM Co Ltd, a company principally focused on the recycling of batteries, electronics and cars, which is listed on the Shenzhen Stock Exchange, announced on April 30 the issuance of GDRs on the SIX Swiss Exchange.

Bocom International chief strategist Hong Hao said on Monday the MSCI A-share Index futures contracts mean the door to foreign investors participating in the mainland's equity markets is opening further, which will increase the attractiveness of the Chinese GEM board and technology sector.

)"GEM stocks are quite divided.

"Coupled with ongoing urbanization and rising domestic demand, powered by the Chinese government's measures to shift the economy to an internal consumption-driven model, the market potential in the Chinese mainland, particularly in lower-tier cities, continues to be attractive to jewelry retailers of all sizes," said Yang Lixin, director of the gemological training center for China's National Gem and Jewelry Technology Administrative Center.

Separately, the GEM (Growth Enterprise Market) Board broke its record number of listing companies.

Eighty companies were listed on GEM in 2017, an increase of 80 percent year-on-year.

PwC predicts 80 IPOs in the Hong Kong capital market this year, including the delayed large-scale IPOs on the Main Board and 70 on the GEM Board, with estimated total funds to be raised of between HK$200-250 billion, according to PwC’s report.

A total of 27 were listed on the Growth Enterprises Market (GEM) Board in Shenzhen, raising 9 billion yuan, while 19 went public on the Main Board, collecting 10.8 billion yuan.

In Hong Kong, the IPO market was active in terms of the number of new listings, particularly with respect to GEM listings.

A total of 39 companies (20 on the main board and 19 on the Growth Enterprise Market) went public in the first three months of 2017, an increase from 13 listings on the main board and six on the GEM over the same time last year.