Recently, Shanghai Dreamo Technology., Ltd. (“Dreamo Technology” “飓梦科技”), an enterprise within the Sunway ecosystem, held the “‘Huanneng Aggregation’ New Product Launch, Tencent Cloud Partnership Signing and Resource Recycling Industry Exchange” at Tencent’s Beijing headquarters. At the event, Dreamo Technology officially entered into a cooperation agreement with Tencent Cloud, and “Huanneng Aggregation (环能聚合)”, a digital platform for integrated governance of the resource recycling industry, was officially launched.

The cooperation marks a deeper collaboration between Dreamo Technology and Tencent Cloud, leveraging their respective strengths. As the resource recycling industry moves toward greater standardization, Dreamo Technology is expanding its focus beyond individual issues such as invoicing and transaction efficiency to provide full-process management covering transaction authenticity, compliant business operations, digital governance, and ESG practices. Through this approach, Dreamo Technology aims to explore practical and replicable solutions for the standardized and digital development of the resource recycling industry.

Advancing Compliance and Digital Governance in the Resource Recycling Industry

As regulatory frameworks and technologies relating to reverse invoicing and digital electronic invoices are gradually implemented, Dreamo Technology focuses on four key compliance challenges—transactions, taxation, data, and financial management—arising from transactions between enterprises and individuals in the resource recycling industry. To address these challenges, Dreamo Technology has developed “Huanneng Aggregation,” a digital platform for the integrated governance of the resource recycling industry.

In scenarios covered by China’s reverse invoicing policies, “Huanneng Aggregation” connects to Tencent’s official digital electronic invoicing system. By leveraging the WeChat ecosystem and payment capabilities, the platform helps enterprises make their invoicing processes more standardized, automated, and efficient.

“Huanneng Aggregation” integrates material inspection, data collection, transactions, payments, and reverse invoicing into a single business workflow, creating a trusted and traceable chain linking actual transactions with payment and invoicing. By maintaining transaction records, enabling data traceability, and generating supporting compliance documentation, the platform provides a more reliable data foundation for compliant business operations and tax verification.

The platform also establishes foundational mechanisms for recycled-material traceability, data records, and carbon management, helping enterprises strengthen their ESG practices while supporting the development of a greener and more sustainable circular economy.

Supporting Enterprise Growth Through Integrated Professional Services

As an enterprise within the Sunway ecosystem, Dreamo Technology has maintained a close partnership with Sunway since its early stages of development. Sunway brings together legal, capital, industry, and other professional resources to provide Dreamo Technology with end-to-end compliance support and strategic guidance. 

Drawing on its long-standing understanding of the circular economy, the resource recycling industry, and the regulatory environment in which it operates, Sunway incorporates legal and compliance considerations into transaction rules and business processes from the outset. Across different stages of Dreamo Technology’s development, Sunway has coordinated capital strategies, industry applications, and ecosystem resources, supporting projects as they progress from initial planning to actual business operations and sustainable development. 

From product refinement and scenario development to business implementation, Sunway has remained closely involved in Dreamo Technology’s development. The launch of “Huanneng Aggregation” and the cooperation agreement with Tencent Cloud mark important milestones in Dreamo Technology and they also represent the tangible results of Sunway’s efforts to support the growth of enterprises through integrated professional services and facilitate the implementation of industry projects.

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Building a New Ecosystem for Industry Collaboration

Reverse invoicing provides an important regulatory pathway for addressing the long-standing challenge of obtaining source invoices in the resource recycling industry. However, the ability to issue invoices alone does not ensure that business operations are fully compliant. Focusing on the realities of resource recycling transactions, “Huanneng Aggregation” uses digital governance to integrate the contract flow, fund flow, invoice flow, logistics flow, and information flow into a unified business process, helping enterprises establish a compliant operational foundation built around real business activities that can be verified, invoiced, audited, and managed.

Sunway Law will work closely with Dreamo Technology to gradually expand the application of “Huanneng Aggregation” from individual enterprises to industrial parks, industry clusters, and government collaboration. By connecting the needs of resource collection, circulation, settlement, traceability, and governance, the platform aims to evolve into a digital governance infrastructure supporting the broader resource recycling industry.

Looking ahead, Sunway Law will continue to focus on emerging areas of new quality productive forces, including new energy, intelligent manufacturing, green and low-carbon industries, artificial intelligence, and digital technology. By upholding compliance as a fundamental principle and leveraging digital and intelligent capabilities, Sunway Law will continue to use its integrated professional services to support the implementation and sustainable operation of industry solutions, facilitate resource coordination, enable commercial transactions, and unlock greater industrial value, contributing to a collaborative and mutually reinforcing ecosystem for the development of new quality productive forces.