Covestro (Shanghai) Investment Co., Ltd.

Covestro is one of the leading manufacturers of high-quality polymers and their components worldwide. Relying on innovative products, processes, and methods, the company helps promote sustainable development and improve the quality of life in many fields. Covestro serves customers globally in key industries such as mobility, construction and living, and electronics and electrical. In addition, Covestro polymers are also used in fields such as sports and leisure, cosmetics, and healthcare, as well as the chemical industry itself.

The company is committed to achieving full circularity, targeting climate neutrality (Scope 1 and 2) by 2035. In fiscal year 2021, Covestro generated sales of approximately 15.9 billion euros. As of the end of 2021, Covestro operates 50 production sites worldwide and employs about 17,900 people (calculated on a full-time equivalent basis).

China is Covestro's largest single market globally, with sales in China reaching 3.54 billion euros in 2021, accounting for about 22% of the Group's sales. As of the end of 2021, Covestro's total investment in China has exceeded 3.8 billion euros. In China, Covestro engages in a full range of business activities including R&D, manufacturing, and sales, providing customers with high-performance materials and innovative solutions. As of the end of 2021, Covestro operates 11 production sites, 2 innovation hubs, and 9 office locations in the Greater China region, creating excellent job opportunities for 3,400 employees. For its commitment to providing excellent employment conditions for its employees, Covestro has been certified as a "Top Employer China" by the Top Employers Institute for five consecutive years.