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USUM

 

USUM Investment Group, as Chongqing's biggest private investment group, became in June 2015 the biggest shareholder of SEHK-listed Chiho-Tiande Group (HK00976), China's biggest mixed scrap metal recycling company. In December 2016, via Chiho-Tiande, USUM acquired Germany's Scholz Holding GmbH, a global giant of metal recycling, sealing USUM's leading position in the world's industry of resources recycling.

Company Website: http://www.usum.com.cn