Core Insights - The eighth China International Import Expo (CIIE) was held in Shanghai from November 5 to 10, showcasing the global technology leader Covestro's full product line under the theme "Material Pioneer, Hidden Innovation" [1] - Covestro expanded its exhibition area and shifted from the automotive section to the technology equipment section, indicating a strategic upgrade in response to market demands [1] - The company aims to integrate technological resources across four major business areas, extending material innovation into advanced fields such as artificial intelligence, robotics, and green manufacturing [1] Company Overview - Founded in 1849, Covestro is a global technology leader with a history of 176 years, operating in four main sectors: sealing technology, filtration solutions, household products, and specialty chemicals [3] - In 2024, Covestro's global operating profit is projected to reach €1.13 billion, with sales in China exceeding ¥10.73 billion, making it the company's third-largest market [3] - Covestro has established over 80 branches and 27 factories in China, employing more than 7,000 people, and has strengthened its local R&D capabilities by setting up a dedicated China Technology Innovation Department [3] Strategic Developments - Covestro's long-term goal is to achieve a balanced market presence across Asia, North America, and Europe, with the Chinese market playing a crucial role in enhancing its Asian share [3] - Recent investments in China include the completion of the Enfu (China) Technology Center and the expansion of the Wibak air spring factory [3] Brand and Collaboration Initiatives - During the CIIE, Covestro unveiled a new Chinese brand identity, symbolizing its enduring partnership with the Chinese market and commitment to future collaboration [4] - The company signed a cooperation agreement with Zhangjiang Group to establish a humanoid robot co-creation center, which will serve as a multifunctional platform for product testing and validation across various business units [4] Product Innovations - Covestro showcased several new products at the CIIE, including the waterproof IPSR sealing ring designed for humanoid robots, which enhances joint lifespan and operational reliability [8] - The company has also entered into a partnership with Aoyi Robotics to explore key technologies in humanoid robots, indicating a focus on cross-industry collaboration [8]
对话科德宝王嘉毓:加码在华投资与前沿合作,解锁 “在中国、为中国” 新内涵|进博访谈
Guo Ji Jin Rong Bao·2025-11-07 11:13