In April 2011, graduated from Fudan University, engaged in IT industry, Sun Wenjun and Chen Xuefeng, set up the website - aihuishou, which is China's first domestic C2B electronic product recycling bidding platform, focusing on the field of digital electronics mobile phones, laptops and so on. Its basic business model is: self-built logistics team, room service recycling, and then online auction, bulk purchase, processing or electronic waste dismantling of subsequent links.
"User orders via network or telephone , describing the state of their old mobile phones, the network evaluates and then remits money to the customer's account, at this stage funds are frozen. In Beijing and Shanghai, users can enjoy the home inspection machine services. While in other regions users can choose mail. Through simple testing, recycling company with assessment accreditation, and consultation with users of the final price, transaction can be concluded in case of the consensus, the user get money. "
The key to this model is the recycler's online auction.
Let us take iPhone 4S cell phone for example, if it functions well, with 16G of memory and 20% old, it will be quoted at 1335 yuan at aihuishou. We randomly selec the other two recovery websites, the price given by taolvwang is 977 yuan, the price of huishouquan is 580 yuan. Many street vendors offer even less than 500 yuan.
On the right side of aihuishou homepage, user transaction information keeps rolling and the information includes the time of transaction and the model of the recycled mobile phone. "At present, the daily trading volume reaches almost 1000, there are more than 6 million users using our service", said Yuan guoshuan, the chief press officer of aihuishou.
According to the Ministry of Industry statistics, until February 2014, China's mobile phone users has reached 1.24 billion, discarded mobile phones each year about 100 million, while the recovery rate is less than 1%.
Today, e-waste recycling companies in China are also increasingly concerned about mobile phone recycling business. When it comes to the possible impact of market competition, Yuan Guoquan puts it, "our network is running at full speed, I believe that the future market will be vaster".