Hootech Inc. Stock Analysis 301026.SZ

Hootech, Inc. operates a precious metals recycling business. The company is headquartered in Xuzhou, Jiangsu and currently employs 104 full-time employees. The company went IPO on 2021-07-16. The firm operates through three main segments. The Precious Metals Recycling segment primarily recovers precious metals such as platinum, palladium, rhodium, and silver, as well as other products, from secondary resources such as spent catalysts containing precious metals. The New Materials segment further processes precious metals into new materials, such as dichlorotetramineplatinum, dichlorodiamminepalladium, and high-purity ammonium rheniumate. The Trading segment provides customers with integrated services including procurement, transportation, and testing. The firm mainly operates its businesses in the domestic market.