Heraeus_GB15_Magazin_EN_RZ_29_04_lowRes

12 12 Heraeus has been active in the Great- er China region for over 40 years. Its precious metals trading business began in Hong Kong in 1974; indus- trial production followed in 1995. The optical fibers for the telecommu- nications industry that are produced each year from Heraeus’s quartz glass cylinders could circle the globe 2,500 times. In 2015, nearly 50 percent of those optical fibers were sold in the Chinese market. Heraeus currently has locations in Shenyang, Shanghai, Hong Kong and elsewhere, and it plans to open a new precious metals plant in Nanjing by the end of 2017, which will meet the latest production and environmental standards. Most of the products manufactured by Heraeus in China are sold to custom- ers in the region. The Greater China region has thus become one of the Heraeus’s most important markets, and today it accounts for 30 percent of the company’s global revenues. A total of 2,600 Heraeus employees are currently working in the Greater China region. Of that number, almost half – 1,200 – are in Shanghai. Silver paste from Heraeus enables Chinese photovoltaics companies to make their PV modules more efficient. Today Heraeus holds the world record in this regard, achieving cell efficiency of 21.7 percent. 2,500x 1974 QUARTZ GLASS FOUNDATION GLOBAL REVENUES LOCATIONS EFFICIENCY EMPLOYEES HERAEUS IN CHINA CHINA bababababba babababbaba baba 2,600 30% 21.7%

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