Niutech Technology Group has completed a major corporate restructuring, pivoting its core operations toward resource recycling R&D and mechanical engineering to capture growth in the circular economy.
Niutech Technology Group has officially finalized its corporate restructuring as of August 26, 2026, marking a strategic pivot toward the circular economy. By expanding its registered business scope to include R&D in resource recycling and mechanical engineering, the company is positioning itself to capture growth in the chemical recycling of tires and plastics sector.
The group restructuring was officially completed on August 26, 2026.
The company is focusing on the chemical recycling of tires and plastics, supported by new R&D and mechanical engineering capabilities.
Niutech Technology Group (688309.SS) finalized its corporate restructuring on August 26, 2026. The strategic shift broadens the company's business scope to prioritize chemical recycling of tires and plastics alongside advanced mechanical engineering.
The restructuring aims to focus the company's operations on the chemical recycling of tires and plastics, as well as advancing research and development in resource recycling and mechanical engineering.