Vale(US:VALE) Jie Fang Ri Bao·2025-11-28 01:40Core Viewpoint - The recent inclusion of lipid management in Shanghai's public health services reflects the efforts of international companies like Novartis to address chronic disease prevention and cardiovascular health in the city [1] Group 1: New Member Companies and Their Contributions - Six new member companies of the Shanghai Mayor's International Business Advisory Council include global giants such as Nike, Veolia, Vale, SK, Mizuho Financial Group, and Adidas, representing various sectors like semiconductors, finance, consumer goods, and mining [2] - Adidas has become the largest single-country market for the company in China, with a revenue of €3.459 billion in the previous year, marking a 10.3% year-on-year growth [2] - Veolia's project in Pudong supplies nearly 2 million cubic meters of drinking water daily to 4.3 million residents [2] - Vale's iron ore shipments to China reached approximately 140 million tons in the first three quarters of this year, accounting for 62% of the company's global iron ore sales during the same period [2] Group 2: Alignment of Corporate Goals with Shanghai's Development - Companies believe there is significant potential in the Chinese market, leading to the establishment of a dedicated area for energy transition metals at this year's China International Import Expo [3] - The alignment between Shanghai's development direction and corporate goals is emphasized, with companies like Veolia developing smart water management platforms tailored to local needs [3] Group 3: Engagement and Contributions of New Members - New members are expected to submit consulting reports starting from their second year, but Adidas has already begun contributing by suggesting standardized guidelines for sports event management in Shanghai [4] - Companies are leveraging their global presence to gather insights and propose actionable recommendations for Shanghai's development, with Mizuho Bank focusing on sustainable development and demographic challenges [4] Group 4: Corporate Growth and Interaction with Shanghai - Companies are looking to achieve "second growth" in Shanghai, with Adidas planning to relocate its Greater China headquarters and actively participate in local events [5] - Veolia aims to integrate advanced technologies in water, waste, and energy management to help Chinese industrial parks reduce carbon emissions by 15% to 30% [5] - Mizuho Bank is expanding its operations in China, having received approval to establish the first wholly-owned Japanese securities company in the country, aiming to create a foundation for future growth [5] - The interaction between Shanghai and member companies is increasing, with regular events organized to facilitate communication and collaboration [5]