• Waste Management (WM) for advanced recycling solutions.
• Republic Services (RSG) focused on sustainable waste management.
• A smaller, recycling-centric Waste Management (WM).

Seahawk Recycling (SEAH) primarily offers the following services:

• Scrap Metal Processing: This service involves the collection, sorting, shredding, and baling of various ferrous and non-ferrous metals for reuse.
• Recycled Material Sales: The company sells its processed scrap metals to steel mills and foundries for use in new product manufacturing globally.
• Industrial Recycling Solutions: Seahawk provides tailored recycling programs and comprehensive waste management services for industrial and commercial clients.

Seahawk Recycling (symbol: SEAH) appears to be a fictional company. My search for this company and its stock symbol did not yield results for a real public entity on major exchanges.

Therefore, specific real-world customer information for Seahawk Recycling is not available. However, based on the company's name, "Seahawk Recycling," it would typically operate as a waste management and recycling services provider.

For a company of this nature, its operations would primarily involve selling services to other companies and governmental entities rather than directly to individuals. Hypothetically, as it would primarily sell services to other companies and governmental entities, its major customer categories (for which specific company names and symbols cannot be provided due to the fictional nature of Seahawk Recycling and its customer base) would include:

• Commercial Businesses: This category would encompass a wide range of enterprises such as office buildings, retail establishments, restaurants, hospitality venues, and various service-oriented businesses that require regular waste collection, processing, and recycling solutions for their operational waste streams.
• Industrial Clients: Manufacturers, factories, warehouses, and construction companies often generate specific types of waste (e.g., metals, plastics, wood, specialized industrial byproducts) that require dedicated recycling, processing, or disposal services tailored to their industry and regulatory requirements.
• Municipalities and Local Governments: Many cities, towns, and county governments contract with recycling and waste management companies to handle essential public services. These services can include residential curbside collection, operation of public recycling centers, management of waste from government facilities, and support for broader community recycling initiatives. These government entities function as large-scale corporate customers.

Guanglang Jiang, Chairman and Chief Executive Officer

Mr. Jiang has served as the Chairman and Chief Executive Officer of Seahawk Recycling Holdings, Inc. since February 2025. Prior to joining the company, he was the Chief Executive Officer of Top Edge Developments Limited from April 2024. Mr. Jiang founded and led Wisdom Navigate (Xiamen) Investment Management Limited in April 2021, and Wisdom Navigate Investments Limited in April 2012, where he served as Chief Executive Officer and oversaw equity investments and IPO preparation for multiple pre-IPO companies from April 2012 to June 2025. Earlier in his career, he held roles as finance manager, investment manager, and IPO project leader at several domestic and international companies.

Shihai Bi, Chief Financial Officer

Mr. Bi has served as the Director and Chief Financial Officer of Seahawk Recycling Holdings, Inc. since August 21, 2025. Since March 2013, Mr. Bi founded and has served as the President of the Operating Entity, where he is responsible for strategic planning, financial management, and international business development.

• Disruptive Advanced Recycling Technologies: The emergence and increasing adoption of highly automated material recovery facilities (MRFs) leveraging artificial intelligence (AI), robotics, and advanced optical sorting technologies pose a significant threat. Companies like AMP Robotics, ZenRobotics (now Terex Recycling), and Recycleye are deploying systems that drastically improve sorting efficiency, accuracy, and purity of recycled materials while reducing labor costs. For a traditional recycler like Seahawk, failure to invest in these cutting-edge technologies could lead to a competitive disadvantage against rivals who can process materials faster, extract higher value from commodities due to superior purity, and operate at lower costs. This mirrors the technological disruption seen with the iPhone's impact on BlackBerry's hardware-focused approach.
• Global Shift Towards Extended Producer Responsibility (EPR) and Circular Economy Models: There is a growing global trend towards EPR legislation, where producers are made responsible for the end-of-life management and recycling of their products and packaging. Simultaneously, major brands are committing to circular economy principles, leading to initiatives for reusable packaging, refill models, and direct take-back programs. This shift threatens traditional, generalized recyclers like Seahawk by potentially diverting valuable, high-volume material streams away from the conventional municipal or commercial recycling systems. Producers may establish their own closed-loop collection and recycling infrastructures or contract directly with specialized recyclers that meet their specific quality and sustainability criteria, reducing the material available to general recyclers or demanding different, potentially more expensive, services. This systemic change in material flow and responsibility is akin to Netflix fundamentally altering content distribution channels away from traditional video rental stores.

Seahawk Recycling (SEAH) operates primarily in waste paper recycling and scrap metal recycling, with operations in Japan, East Asia, and Southeast Asia, and also sources from the U.S.. The addressable markets for its main products and services are as follows:

• Waste Paper Recycling: The market for waste paper recycling in Japan was valued at $1.14 billion in 2021 and is projected to exceed $3.1 billion by 2033.
• Scrap Metal Recycling:
  • The recycled metal market in Japan generated a revenue of USD 17.4 million in 2023 and is expected to reach USD 21.6 million by 2030.
  • The broader Asia Pacific metal recycling market generated a revenue of USD 546,079.7 million in 2024 and is expected to reach USD 719,507.4 million by 2030.
  • Globally, the scrap metal recycling market size was valued at USD 420.83 billion in 2024 and is projected to grow to USD 568.76 billion by 2032.

Here are 3-5 expected drivers of future revenue growth for Seahawk Recycling (symbol: SEAH) over the next 2-3 years:

1. Growth in the Waste Paper Recycling Market: The market for waste paper recycling in Japan, a key operational area for Seahawk Recycling, is projected to expand significantly, with an expected compound annual growth rate (CAGR) of 5.2% from 2026 to 2033. This growth is driven by government support for recycling initiatives, high population density, and advancements in recycling technologies. This segment accounted for 27.1% of Seahawk Recycling's total revenue for the fiscal year ended March 31, 2025.
2. Expansion within the Scrap Metal Recycling Market: Seahawk Recycling's largest revenue segment, scrap metal recycling, represented 70% of its total revenue for the fiscal year ended March 31, 2025. Although the scrap metal recycling industry is projected to grow at a more modest rate of 3.2% from 2024 to 2030, sustained demand for these materials will contribute to the company's revenue. The company focuses on the trade of dismantled metal wires and old metal appliances.
3. Strategic Focus on East Asia and Southeast Asia Markets: As an international recycling company headquartered in Tokyo, Japan, Seahawk Recycling is dedicated to advancing sustainable material solutions across East Asia and Southeast Asia. Continued penetration and expansion within these established geographical markets for both waste paper and scrap metal recycling will serve as a core driver of future revenue.
4. Benefiting from Government Support and Technological Innovations: The broader recycling industry is benefiting from continued government support for recycling initiatives and technological innovations in recycling processes and equipment. As a participant in this sector, Seahawk Recycling is positioned to leverage these industry-wide trends to enhance its operational efficiency and potentially expand its service offerings, contributing to revenue growth.

Share Repurchases

• On August 13, 2025, Seahawk Recycling redeemed 10,000 issued and outstanding ordinary shares.

Share Issuance

• Seahawk Recycling Holdings plans a US Initial Public Offering (IPO) to raise approximately $10 million by offering 2 million Class A ordinary shares at a proposed price range of $4.00 to $6.00 per share.
• On September 9, 2025, shareholders approved a 1:2,353 share split of the outstanding Class A and Class B Ordinary Shares.
• On August 13, 2025, the company issued 5,740 Class A Ordinary Shares and 1,500 Class B Ordinary Shares to WISDOM FOCUS GROUP LTD. and 2,760 Class A Ordinary Shares to other shareholders.

Inbound Investments

• As of March 31, 2025, Seahawk Recycling booked a fair market value investment of $1 million from investors, including Wisdom Focus Group and Kumo Capital Limited.