RWE Supply & Trading (Shanghai) Co., Ltd. is a wholly-owned subsidiary of RWE Supply & Trading Asia-Pacific Pte. Ltd. and an indirectly wholly-owned subsidiary of RWE Supply & Trading GmbH (“RWEST”), a leading energy trading company in Europe with a global presence and one of the key companies within the European energy sector. RWEST is a wholly-owned subsidiary of RWE Aktiengesellschaft (“RWE”), the parent company of the RWE group.
RWE Supply & Trading (Shanghai) Co., Ltd. is active in both international and domestic energy and bulk commodities, which it transacts both into and within China in its physical and financial forms and expects to increase and enhance its market presence within such markets. RWEST Shanghai is also following with interest the developments in markets like conventional and renewable power, natural gas, and emissions in China, while not being a participant in these markets yet, but would be interested to expand its activities in accordance with local government's rules. RWEST Shanghai offers to share our know-how about hedging, trading and asset optimisation in a market-based environment with our Chinese business partners, and in the long term is open to and constantly assesses market access opportunities in the form of trading, asset optimisation, joint book/venture, and/or other form of business relationship with suitable business partners.