Since its establishment, global environmental protection giant RET has been committed to promoting the efficient development of the global circular economy and reducing global carbon emissions as its grand goal. At present, relying on a strong shareholder background and an innovative development model, the company has 7 manufacturing bases worldwide, covering regions such as Europe and America. RET’s layout in Asia will take the Philippines as an important base in the region. Chief Financial Officer jasper said that the company plans to continue investing 700 million US dollars in the Philippines over the next three years.
Regarding financing and going public, Jasper stated that as an innovative technology recycling company, going public is definitely one of the future plans. The company has filed with the U.S. Securities and Exchange Commission (SEC) and obtained the legal qualification for financing and issuing securities, and is ready to start preparations for listing at any time. Jasper said that all the above-mentioned licenses are financial licenses recognized by the global capital market and are also preparations for RET to carry out international business. When RET’s business in the Asian market progresses smoothly and gets on track, RET will start to consider going public.
The company is very optimistic about its future business development. First of all, with the support of technological strength, garbage recycling has now become a highly profitable industry. Secondly, through down-to-earth efforts, RET cultivates everyone’s love for the environment, which is a great cause. We have received support from many environmental protection organizations and government departments around the world.