AmCham China is a trade organization that supports American companies in China through advocacy, networking, insights, and business support services. It operates across various regions in China and provides a platform for business advocacy and community.

AmCham China

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Albemarle Corporation

Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxides, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; performance silicones and specialty materials; and silicone feedstocks and intermediates. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.

Herbert Henry Dow

Dow Inc.

Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products. The company also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, it offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. The company serves original equipment manufacturers, original design manufacturers, and cloud service providers. Intel Corporation has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search in the space of drugs. The company was incorporated in 1968 and is headquartered in Santa Clara, California.

Intel Corporation

Non-profit Organizations

American Business in China White Paper

IT Services and IT Consulting

Tech and Innovation Initiative

American Chamber of Commerce in China (AmCham China) | 17,336 followers on LinkedIn. Building bridges, helping business. | +Follow us to keep up to date with the business environment in China. 

The American Chamber of Commerce in the People&#39;s Republic of China is a non-profit, non-governmental organization whose membership comprises more than 4,000 individuals from 900 companies operating across China. The chamber&#39;s nationwide mission is to help American companies succeed in China through advocacy, information, networking and business support services.

Chairman Emeritus and member of the 2023 Board of Governors - American Chamber of Commerce in China (AmCham China)

Gregory Gilligan

China-based Media and Sports Professional

Mark Dreyer

Advisor bij CORPUS (CWW) and RECO

Jochum Haakma

Vice President at The American Chamber of Commerce in China (AmCham China)

Yang Liu

American Chamber of Commerce in China (AmCham China)

Advocacy | Beijing Municipal Government Roundtable On November 15, AmCham China Vice President Claire Qiongna Ma delivered remarks at the Beijing Municipal Government Roundtable with foreign chambers. The roundtable, themed “Further Expanding High-Level Opening-Up, Enhancing Confidence in Foreign Investment and Development in Beijing,” also featured remarks by Sima Hong, Vice Mayor of Beijing Municipal Government.

Post-US Election Analysis with Scott Kennedy On November 12, AmCham China hosted a discussion featuring Scott Kennedy , Senior Adviser and Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies (CSIS) . The event offered members insights into the outcome of the 2024 U.S. elections and explored the potential impact on US-China relations in 2025. With his decades of expertise in US-China economic policy, Kennedy provided our members with valuable insights on critical issues, including industrial policy, technological innovation, and global governance. The event wrapped with a Q&A session and networking over a buffet lunch at the Hilton Beijing. A special thank you to Scott Kennedy and all attendees for making this such a successful event!

In this week's AmCham China Bulletin: 🔹 Download our New Insight Report: Explore the first year of China's "50,000 Students Initiative" fostering US-China educational ties. 🔹 Coca-Cola's Strategy in China: A deep dive with Gilles Leclerc on blending tradition and innovation in the world's most dynamic market. 🔹 CIIE Highlights: AmCham China's leadership in action at Shanghai's premier import expo. Plus: Upcoming events, job opportunities, AmCham China internships & more!

Last week, AmCham China President Michael Hart , Vice President Claire Qiongna Ma , and Senior Marketing & Communications Director Mark Dreyer hosted an excellent session with the UK National Committee on China team, diving into the complexities of US-China and global relations. A special thank you to Andrew Cainey , Founding Director of the UK National Committee on China, Chief Executive Ollie Shiell, Director Winnie King , Marcos Samuel Sabio 博珂思 ‎ , Ioana Turcan , and Chengkai Xie (谢成锴） for joining us at our Beijing offices and sharing their valuable insights.

Member-to-Member Event | Microsoft AI Communications Workshop On October 29, AmCham China members joined the “Reinventing Communications with AI” workshop at the Microsoft Technology Center in #Beijing , hosted by Microsoft’s China Communications team. The event opened with remarks from AmCham China’s Senior Marketing & Communicationss Director, Mark Dreyer , followed by a keynote led by Microsoft GCR’s VP of Communications Michael Jong, alongside Communications Directors Ming Cong and Steffi Cao . They showcased Microsoft’s latest AI tools, with live demonstrations on how AI can enhance content creation, analysis, and strategic communications. Attendees were able to experience Microsoft's latest AI-driven tools firsthand, exploring how these innovations elevate connection, collaboration, and communication. Thank you to Microsoft for hosting, and to all of the speakers for an excellent session!

AmCham China Leadership Attends China International Import Expo (CIIE) in Shanghai This week, AmCham China has been on the ground at CIIE in Shanghai - one of the world's largest trade shows - actively supporting our members and engaging with key officials to strengthen US-China business relations. On November 4, President Michael Hart kicked off the week at the Invest in Sichuan symposium, where he spoke alongside Sichuan Vice Governor Zuo Yongxiang. On November 5, Hart attended the China Zhejiang Global Digital Economy & High-tech Industry Match-making Conference, where he met with Tang Wenhong, Assistant Minister of MOFCOM, and delivered a speech. Zhejiang Vice Governor Lu Shan and CCPIT Vice Chairman Yu Jianlong were also present. Throughout the week, Hart also connected with MIIT Vice Minister Xiong Jijun and spoke with Jason Hafemeister , Acting Deputy Under Secretary for Trade and Foreign Agricultural Affairs at the USDA, as well as Zhao Hualin, former Director General of the Planning and Finance Department of MEE. AmCham China representatives toured the booths of over 40 member companies at CIIE, including: Merck, Micron, ConocoPhillips, GE Aerospace, GE Vernova, 3M, Honeywell, Dell, SAP, GE HealthCare, Edwards, Boston Scientific, Becton Dickinson, Abbott, Terumo, Stryker, UPS, FedEx, Herbalife, Amway, Bunge, Cargill, LDC, ADM, Syngenta, Illumina, Alcon, Siemens-Healthineers, Varian, Medtronic, Accuray, Amgen, Johnson & Johnson, Takeda, Sanofi, Organon, Nova Nordic, Novartis, MSD, Eli Lilly, Bayer, Boehringer-ingelheim, GSK, and Nokia Besides Hart, AmCham China was represented by other leadership including Vice President Claire Qiongna Ma , Membership Director Ming Chiang , Healthcare Industry Group Director Edward Wang, and Government Affairs and Policy Associate Director Weijia Zhang.

October Government Engagement & Advocacy Highlights October was another busy month for AmCham China as we worked closely with key stakeholders from both the US and Chinese governments to address our members’ top priorities. A look at last month’s highlights: 🔹 White Paper Delivery Meeting with CPAFFC 🔹 President Michael Hart’s Remarks at the 2024 Annual Conference of Financial Street Forum 🔹 20 Years of US-China Aviation Cooperation 🔹 Roundtable with NDRC and Chongqing Municipal Government Officials 🔹 CCPIT Tour and Dinner in Chongqing 🔹 White Paper Delivery Meeting with the Ministry of Industry and Information Technology 🔹 White Paper Delivery Meeting with the China National Intellectual Property Administration Learn more about AmCham China’s impactful advocacy work over the past month: https://lnkd.in/gabcdAT6

Reach Top Talent with AmCham China's Jobs Board! Looking to grow your team or find your next career move? Our Jobs Board connects you with our 800+ member companies across industries. ▪️ For AmCham Members: Post your job openings to our extensive network of professionals. ▪️ For Job Seekers: Explore the latest opportunities from AmCham China and our members! Why choose AmCham China’s Job Board? - Enhanced Visibility: Your job postings feature in our weekly newsletter - Targeted Reach: Connect with our expansive network of industry talent in China - Easy Posting: Post quickly for fast access to qualified candidates Visit our Jobs Board today to explore roles or post an opportunity: https://lnkd.in/gBvStn7q

Election season is here – including for AmCham China! Meet the candidates running for the 2025 Board of Governors. Last week, we held a member mixer at the China World Hotel, where candidates for the 2025 Board of Governors presented their visions for supporting American business in China. This event featured candidates competing for the seven open Board seats: ▪️ Jeffrey Bernstein , Chair of the Southwest Chapter, highlighted the challenges in the US-China relationship and advocated for a data-driven approach to unlock growth opportunities. ▪️ Matt Roberts from Dolby Laboratories emphasized the importance of sustaining the US-China relationship through community-driven dialogue. ▪️ Travis Tanner of GreenPoint Group presented his “TNT + BOG” plan, pledging to leverage US and China relationships for stronger AmCham advocacy. ▪️ Jean-Marc Taton , a veteran leader at ExxonMobil, shared insights from his global experience in energy, promising to support AmCham’s mission with his expertise. ▪️ Becky X. from Fragomen proposed initiatives to streamline work authorizations and enhance inclusivity through expanded cultural and community programs. The event also included video messages from candidates unable to attend, each sharing their dedication to the Chamber’s mission. They included: - Fanny Chen (Abbott Laboratories) - Yang Hou (Microsoft) - Bin Huang (Individual member) - Markel Hubinette (ConocoPhillips) - Tony Jiang (Intel) - poh-yian koh Koh (FedEx) - Isabel Mahe (Apple) Follow the link to learn more about all of this year's BOG nominees: https://lnkd.in/dCcwtZPQ A reminder to our members: Vote now via the SurveyMonkey ballot sent to each corporate and individual voting representative! For any questions, reach out to Connie Zhao .

Advocacy in Action | AmCham China Delivers 2024 White Paper to MIIT On October 29, AmCham China President Michael Hart and Vice President Claire Qiongna Ma led a delegation of member company representatives, to meet with Vice Minister Xiong Jijun of China’s Ministry of Industry and Information Technology (MIIT). The delegation formally presented the 2024 American Business in China White Paper. During the meeting, they addressed key issues affecting American businesses operating in China, and discussed policy recommendations to enhance the business environment. Both sides expressed their commitment to maintaining regular communication and exploring further opportunities for collaboration. This high-level meeting continues our tradition of delivering the annual White Paper directly to key stakeholders following its release last April—ensuring AmCham China’s members’ perspectives and priorities are heard at the national level. For more on the 2024 White Paper: https://lnkd.in/eKFRQsTn

Metric
Company Name	AmCham China	Albemarle Corporation	Dow Inc.	Intel Corporation
Symbol		ALB	DOW	INTC
MSH ID	ORG:AMCHAMCHINA	COM:ALBEMARLE	COM:DOW	COM:INTEL
Market	PRIVATE	STOCKS	STOCKS	STOCKS
Sector	Commercial & Professional Services	Basic Materials	Basic Materials	Technology
Industry	Trade Association	Chemicals - Specialty	Chemicals	Semiconductors
Country	CN	US	US	US
Stage
Employee Count		9K	35.90K	130.70K
Website	amchamchina.org	albemarle.com	dow.com	intel.com
LinkedIn	american-chamber-of-commerce-in-china		dow-chemical
Founders

Metric
Market Cap		11.39B	36.36B	148.44B
Enterprise Value
Monthly Web Traffic	3.28K	82.51K
Web Traffic Growth	0.56	0.76
Valuation
Raised Capital		2B	1.25B

Metric
Revenue	9.62B	54.23B
Revenue (LTM)
Revenue (NTM)
Gross Profit	1.20B	21.71B
EBITDA	671.07M	93M
Operating Income	241.12M	93M
Net Income	1.57B	1.69B
EPS	13.41	0.40
Diluted EPS	13.36	0.40
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.12	0.42
Operating Profit Margin	0.02	0.01
EBITDA Margin	0.07	0.00
Net Profit Margin	0.13	0.07
Return on Equity	0.13	0.04
Return on Assets	0.07	0.02
Return on Capital Employed	0.01	0.00

AMCH

ORG:AMCHAMCHINA

AmCham China

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	4.82	107.65
P/B Ratio	1.30	1.71
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.87	3.29
EV Multiple	13.92	14.15

Metric
Days Sales Outstanding	63.08	22.90
Days Payables Outstanding	94.62	96.29
Days Inventory Outstanding	99.14	129.82
Operating Cycle	163.36	164.64
Cash Conversion Cycle	83.40	56.10
Asset Turnover	0.53	0.29

Metric
Operating Cash Flow	1.33B	11.47B
Free Cash Flow	-823.96M	-14.28B
Cash Flow to Debt	0.32	0.23
Operating Cash Flow/Sales	0.14	0.22
Free Cash Flow Yield	0.04	-0.07

Metric
Cash & Equivalents	889.90M	7.08B
Accounts Receivable	-350.65M	731M
Inventory	2.16B	11.13B
Goodwill	1.63B	27.59B
Debt to Capitalization	0.30	0.33
Debt to Assets	0.19	0.26
Current Ratio	1.81	1.54
Quick Ratio	1.91	1.24

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00	0.06
R&D to Revenue	0.01	0.30
SG&A to Revenue