On November 7, 2025, during the 8th China International Import Expo, Satellite Chemicals Co., Ltd. and Standard Chartered Bank (China) Limited officially signed a strategic cooperation memorandum, establishing a comprehensive strategic partnership. In the future, Standard Chartered Bank will leverage its global financial network and professional advantages to support Satellite Chemicals' global supply chain construction and overseas business expansion. Ms. Yang Yazhen of Satellite Chemicals attended the signing ceremony.
According to the cooperation agreement, Standard Chartered Bank will provide Satellite Chemicals with diversified financial services support in key areas such as cross-border settlement, trade finance, and exchange rate risk management. Simultaneously, leveraging its international experience and expertise in sustainable finance, Standard Chartered Bank will also provide financial support for the company's green and low-carbon development strategy, promoting the deep integration and implementation of ESG principles in corporate operations.
Shi Lü, General Manager of Corporate and Investment Banking at Standard Chartered Bank (China) Limited, stated, “We are very honored to establish a strategic partnership with Satellite Chemicals. As an industry leader in the field of new chemical materials, Satellite Chemicals possesses strong technological and industrial advantages. We look forward to leveraging Standard Chartered's global network capabilities to inject long-term financial momentum into Satellite Chemicals' global expansion and sustainable development.”
Li Jun, Vice President and Chief Financial Officer of Satellite Chemicals, said, “We appreciate Standard Chartered Bank's long-term professional financial services and support to our company. Standard Chartered Bank demonstrates unique advantages in its forward-looking insights into the chemical industry and global resource allocation. Both parties share a high degree of alignment in their concepts of green, low-carbon, and sustainable development. In the future, the scope and depth of cooperation between the two parties will be even broader.”
It is understood that as an international banking institution deeply rooted in China for many years, Standard Chartered Bank has continuously increased its support for advanced manufacturing and green low-carbon industries in recent years, providing a comprehensive package of cross-border financial solutions to support enterprises' “going global” strategies. This signing also reflects Standard Chartered Bank's innovative practices in serving Satellite Chemicals' global development, cross-border trade collaboration, and sustainable financial layout, fully demonstrating its ability and commitment to assisting Chinese new chemical materials companies in high-quality overseas expansion and sustainable transformation.
Satellite Chemicals has always adhered to the development of low-carbon new materials driven by the integration of light hydrocarbons. It has successively won honors such as national green supply chain, manufacturing single champion demonstration enterprise, green factory and energy efficiency "leader" in key industries, and continues to move towards the goal of "world-class chemical new materials technology company".
