Niutech Completes Restructuring, Signs RMB 198M UK Plastics Recycling Deal
Jinan – – September 30, 2026 -- Niutech Technology Group Co., Ltd. (SSE STAR Market: 688309) completed a group restructuring on August 26, 2026, consolidating nearly 40 years of industrial continuous pyrolysis operations as tightening EU recycling rules drive new orders for its waste tire and plastics processing lines.
UK customer signs RMB 198 million order after evaluating global peers
A UK customer assessed Niutech's European and Chinese project references, benchmarked the company against competitors worldwide, and signed an order worth RMB 198 million for chemical recycling equipment. The company frames the deal as capital-backed validation of its technology maturity in international waste plastic recycling.