Zhixin Group Holding Limited, an investment holding company incorporated in 2018 and headquartered at 1#, No. 55, Guankou Avenue, Jimei District, Xiamen, Fujian Province, China, manufactures and supplies concrete-based building materials primarily in the People's Republic of China. The company operates through three main segments, offering ready-mixed concrete; precast concrete components; and tailings recycling and bricks, including solid waste processing, iron ore tailings recycling to produce iron ore, iron powders, aggregates, and eco-friendly bricks and pavers, as well as logistics services. It serves construction companies for municipal, infrastructural, commercial, industrial, and residential projects in both public and private sectors, with the majority of revenue derived from the ready-mixed concrete segment. In recent developments, the Group expanded its solid waste processing capabilities following the acquisition of Zhixin Environmental Technology in December 2021, which introduced a production line with an annual capacity of 3 million tonnes of iron ore tailings processing in Hainan Province and commenced manufacturing and sales of eco-friendly bricks from 2022; additionally, it entered into an agreement for iron ore tailings recycling processing services.