Thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and services businesses. Over 155,000 employees in nearly 80 countries work with passion and technological expertise to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2016/2017 thyssenkrupp generated sales of around €43 billion. In recent years, the localized development and additional value increase for local products has become the very core of the Group’s strategy in China. The Group has invested a total of RMB 15 billion Yuan in China. Recently the Group stepped up its investment in China, during the last year and this year, there will be 5 new projects and 1 expansion project put into production. Meanwhile an elevator testing tower serving China’s skyscrapers will also be put into production in Guangdong, China.