Total transaction of Recycle Treasure of Bsteel.com.cn exceeds 2 billion RMB last year
As the first domestic third-party platform of industrial recycling materials disposal, the professional online recycling materials disposal platform under Bsteel.com.cn-Recycle Treasure hit a historical high in its operating performance with 2.1 billion RMB of annual transaction , a year-on-year growth of 30% through application of combined approaches in 2016.
In 2016, Recycle Treasure achieved significant results based on focusing on customer development, bidding model innovation and user experience optimization. And it also developed a number of key selling users in the customer development, centering the steel mills, processing centers and steel industry. In August 2016, Recycle Treasure introduced online auction sales business of waste materials of a dozen of WISCO's distribution centers, and achieved good sales results, with material premium rate of 31%. On the bidding model innovation, the platform added the new "comprehensive bidding" trading model in the framework of the existing bidding rules, to protect the big sellers' smooth bidding business; on the user experience optimization, it also focusied on strengthening the mobile service functions.
