Valuable through Innovation Company Portrait and Business Year 2020

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Valuable through Innovation Company Portrait and Business Year 2020
Valuable through Innovation
Company Portrait and
Business Year 2020
Valuable through Innovation Company Portrait and Business Year 2020
Highlights 2020                                                                             Digital twin prevents railroad
                                                                                                      switch breakage at SBB
                                                                                                                                                                  Cloud application for
                                                                                                                                                                  pressure testing
          At a glance

                                                       Digitization                                                                                                                            Content

                                                                                                                                       © SBB Infrastruktur
                                                       supports                                                                                                                                Editorial                                    4

                                                       profitable                                     Page 12                                                     Page 13                      Key figures                                  5

                                                       growth                                         New capsule coffee machine                                  Encapsulated medication      Helbling Group                               6

                                                                                                      for Nescafé Dolce Gusto                                     carrier from Lyndra          Review / Outlook                             7
                                                       In intensive joint project work
                                                       with SHL Medical, the Helbling
                                                                                                                                                                                               Digitization                                 8
                                                       Group is charting the course to
                                                       the future success of the client.
                                                                                                                                                                                               Projects                                    10
                                                       Page 8
                                                                                                                                                                                               Business units                              20

                                                                                                      Page 14                                                     Page 15                      Locations                                   24

                                                                                                      eHealth eco-system                                          Support of FEDRO for first
                                                                                                      for glaucoma                                                wildlife overpass

                                                                                                      Page 16                                                     Page 17
                                                                                                                                                                                                Helbling Holding AG
                                                                                                                                                                                                Hohlstrasse 614
                                                                                                      Client representation for                                   Further development in        P. O. Box
                                                                                                                                                                                                CH-8048 Zurich
                                                                                                      platform arena tenant fit-out                               PLM area for V-ZUG AG
                            © utzgroup.com

                                                                                           © HELROM

                                                                                                                                                                                                Phone +41 44 438 17 11
                                                                                                                                                                                                Email info-holding@helbling.ch
                                                                                                                                                                                                Web www.helbling.ch

                                                                                                                                       © offconsultraumkonzepte
                                                                                                                                                                                                The company portrait appears in German

Sales Boost Programs                         Fundraising for                                                                                                                                    and English. The German version is always
                                                                                                                                                                                                authoritative.

project for Utz Group                        HELROM
                                                                                                                                                                                                Visit our website to find out more about
                                                                                                                                                                                                us and our services.

Page 10                                      Page 11                                                  Page 18                                                     Page 19
Valuable through Innovation Company Portrait and Business Year 2020
What really matters                                                                                       Key figures
               The importance of interpersonal relationships

                                                                                                                         563                   123.1                                                                                          35 %
                         Dear Readers,

                         When one thinks of the coronavirus              once again prove just how much the
                         pandemic, the dictum of “a crisis as an         quality of innovations depends on that of

                                                                                                                         Full-time equivalents Revenue                                                                                        Foreign revenue
                         opportunity” does not readily come to           interpersonal relationships.
                         mind. The depth of human suffering is too                                                                                                                                             (in CHF million)
                         great and the consequences too destruc-         However, one other factor is no less
                         tive for so many economic existences.           important: The success of our teams             The number of full-time equivalents increased from           The Helbling Group achieved the best result in its      The proportion of foreign revenue in local currencies
                                                                                                                         554 to 563 in 2020, while the number of employees            history in 2020. Revenue increased by 7.5 percent       rose marginally in 2020. With a revenue share of
                         Additionally, the extent of the damage it       depends on how they are organized and
                                                                                                                         grew from 593 to 606. This therefore represented             compared to the previous year. Growth even ex-          18 percent, the United States has grown to become
                         has done, for example in education, is not      led. What experience and expertise are          an average employment level of 92 percent. Helbling          ceeded 9 percent in local currencies. The greatest      the second largest market after Switzerland. Helbling
                         yet foreseeable.                                combined within working groups? What            employs a total of 4 apprentices and an average              currency effect was attributable to the decline         was looking after customers from a total of 15 coun-
                                                                                                                         of 10 interns and working students across its four           in value of the US dollar relative to the Swiss franc   tries in 2020.
                                                                         guidelines determine how they work? How         business divisions.                                          from 0.97 to 0.88 during the year.
                         Nevertheless, if we wish, in the famous         high is their level of autonomy? What
                         words of Max Frisch, to draw a “produc-         methods, tools, and quality systems are
                         tive” lesson from the situation, then it is     employed? It is evident that the most
                         perhaps that this tragedy has reminded          effective answers to such questions will
                         us with unprecedented clarity of what           differ from company to company. At

                                                                                                                         470                                                          13.5                                                    568
                         really matters – both in our private and        Helbling, the key to these questions lies in
                         working lives. And that is interpersonal        well-coordinated teams consisting of
                         relationships. Surveys conducted in recent      talented employees who, depending on
Dr. Christian Péclat     months have clearly demonstrated how,           the task involved, bring together a variety
President of the Board
                         above all else, people yearn for the oppor-     of disciplines and successfully realize their
                                                                                                                         Customers                                                    Cash flow                                               Storage capacity
CEO
                         tunity to meet other people to undertake        projects in close cooperation with clients.
                                                                                                                                                                                                                   (in CHF million)                                                         (in TB)
                         activities and experience things together.
                                                                         Thanks to the commitment and flexibility        In addition to large corporations and small and              Thanks to its successful business activities, the       The Helbling Group’s success factors include a
                                                                                                                         medium-sized enterprises, Helbling’s customers               Helbling Group once again generated a healthy           comprehensive IT infrastructure at its locations
                         For a company such as Helbling that             of our employees and executives, and
                                                                                                                         also include an increasing number of start-ups. Most         cash flow in 2020. This means that financing            that, among other features, includes around 1,200
                         develops solutions and products in the          the trust and confidence of our clients, and    of them are from across the manufacturing industry,          of current and future investments from its own          computers and 220 servers with a storage capacity
                         context of intensive teamwork and close         their loyalty to us based on a spirit of        with some from the service and public sectors.               resources is assured.                                   totaling 568 TB. This also proved its worth under
                                                                                                                                                                                                                                              the difficult conditions of the pandemic.
                         cooperation with its clients, having to         partnership, we have enjoyed a great
                         dispense with personal meetings has             degree of success in what has been an
Marcel Fäh               proved to be particularly challenging. The      extraordinary financial year.
Member of the Board
CFO
                         availability of virtual tools on its own is
                         inadequate if this challenge is to be           On behalf of the Helbling Group partners
                         mastered. We were only able to capitalize
                         on the use of these instruments through

                                                                                                                         1963          29                                                                                                     >60         %
                         the culture of social interaction that was
                         already firmly anchored among us in the
                         Helbling Group. Confidence and respect,
                         honesty and fairness, appreciation and          Dr. Christian Péclat           Marcel Fäh
                         loyalty – in normal times, these words are
                         an essential prerequisite for the willingness
                         of people to devote themselves to a
                                                                                                                         Founding year Partners                                                                                               Equity ratio
                         common task with dedication and                                                                 Helbling has gained a wealth of experience from              The Helbling Group currently has 29 managing part-      The Helbling Group’s rock-solid financing is among
                                                                                                                         thousands of projects over almost six decades. This,         ners and around 260 employees who also participate      the central prerequisites for its sustainable devel-
                         gratification. How essential cooperation
                                                                                                                         combined with cutting-edge research and technolo-            in the Company via participation certificates. This     opment. Thanks to its high equity ratio without
                         really is has become evident under the                                                          gies, is the basis on which Helbling’s engineers and         tried-and-tested participation model ensures            interest-bearing debt, Helbling also has a top rating
                         difficult conditions during the pandemic.                                                       consultants develop their innovative products and            an organic succession arrangement for Helbling.         among banks for privately owned SMEs.
                                                                                                                         solutions, always in close collaboration with the clients.
                         Against this background, last year saw us

4                                                                                                                                                                                                                                                                                                     5
Valuable through Innovation Company Portrait and Business Year 2020
Helbling Group                                                                                                                                                                   Record year for the Helbling Group
Valuable through Innovation                                                                                                                                                      Strong growth in the USA
The Helbling Group has its headquarters and several subsidiaries in Switzerland,                                                                                                 With revenue of CHF 123.1 million, the Helbling            factors: our well-coordinated, interdisciplinary teams
is represented through companies in Germany, USA and China, and has worldwide                                                                                                    Group achieved a new record result in the 2020             that could depend on a proven infrastructure; custom-
                                                                                                                                                                                 financial year. This represented growth of 7.5 percent     er relations, frequently long term, built on trust; our
project experience.                                                                                                                                                              compared to the previous year. The increase in reve-       federalist organization; uniform business principles
                                                                                                                                                                                 nue would even have exceeded 10 percent if not for         combined with a great deal of autonomy; and, finally,
                                                                                                                                                                                 the currency effects. As in previous years, the share      the broad sector diversification in our customer base,
                                                                                                                                                                                 of revenue generated abroad was slightly more              namely that of the manufacturing industry.
                                                                                                                                                                                 than 30 percent, with the United States overtaking

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                                                                                                                                            no                            ists   Germany as the second most important market after          Strong growth in the USA

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                                                                                                                                e             n            tic                   Switzerland.                                               Helbling experienced particularly strong growth in the

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                                                                                                                            sin          sE            ma
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                                                                                                                            B ine           s s                                                                                             United States in the 2020 financial year. Around a
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                                                                                                                                   Che Enginee                                   We managed to increase the number of full-time             third of revenue in the US was generated at our two
                                                                                                                                                                    ists
                                                                                                                                      Civil ter Scient
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                                                                                                                                                  u                              equivalents from 554 to 563 in the reporting year.         locations in Cambridge near Boston and in San
                                                                             Helbling Group                                               Econom
                                                                                                                                                        ists
                                                                                                                                                                 gineers
                                                                                                                                                                                 We benefited in this respect from extensive invest-        Diego. The remaining two thirds were generated from
                                                                                                                                           Electrical En
                                                                             2020                                                                                                ments in recent years in both our locations and their      Switzerland. The majority of American customers
              Engineering                     Consulting                     Employees
                                                                                                          563
                                                                                                                                           Environmental Scientists
                                                                                                                                           Food Engineers                        infrastructure and in the training of our employees.       are, once again, from the medtech industry. These
                                                                                                                                          Industrial De
                                                                                                                                                                 signers         These investments enabled us to achieve a dis-             include established market players and many
                                                                                                         123.1
                                                                             Revenues (in million CHF)
                                                                                                                                          Materia
                                                                                                                                                       ls Engin
                                                                                                                                       Math                         eers         proportionate increase in revenue relative to our          start-ups that we support during development of new
                                                                                                                                                 emat
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                                                                                                                                 Mic hanical                                     employee base.                                             products, including optic systems or equipment for
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                                                                                                                              Op otechn Enginee
                                                                                                                           Ph tical E ology                          rs                                                                     administering medication. Other medtech companies,
                                                                                                                        Pro ysici ngin                       Eng
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                                                                                                                                     s t           e  ers            e ers       Continuity of business activities, despite                 in turn, commissioned us with projects in the area of

                                                                                                                 Pro ftwa
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    Beratung + Bauplanung                                PLM Solutions                                                                                                           the coronavirus

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                                                                                                                                                                                                                                            robotics or the development of industrial production

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                                                                                                                                                                                 In common with every other company, we were                equipment.

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                                                                                                                                  ee
                                                                                                                                                                                 faced with unprecedented challenges from March

                                                                                                                                    rs
                                                                                                                                      ers
                                                                                                                                                                                 last year due to the coronavirus pandemic. At the          American customers outside the medtech sector
                                                                                                                                                                                 outset, the question of what the lockdown would            include the Bill & Melinda Gates Foundation. Coopera-
                                                                                                                                                                                 mean for our projects and, subsequently, our               tion in the development of new principles and technolo-
                                                                                                                                                                                 liquidity became of central importance. We therefore       gies in the field of water & hygiene was expanded in
About us                                                            Our visions                                                                                                  developed several scenarios and tracked the per-           response to the Reinvent the Toilet Challenge of the
The Helbling Group was founded in 1963 and is owned by                                                                                                                           formance of the business even more closely. Most           Gates Foundation. We also received a significant order
its 29 managing partners. The internationally active engineering    We take the interests of our business partners seriously                                                     importantly, we wasted no time in informing our            from an American online dealer whom we assisted in
and consulting firm employs some 540 professionals in four          Our relationships with our business partners must be fair                                                    customers that we were still capable of continuing         the automation and robotization of processes in its
business divisions focused on innovation / product development,     and respectful and promote long-term co-operation.                                                           project work under the new conditions. Our avail-          logistics centers.
management consulting, mergers & acquisitions, restructuring,                                                                                                                    ability was highly valued. As a result, the majority of
information technology, real estate, energy and infrastructure.     Employees make markets                                                                                       projects continued with no or only brief interruptions.    Outlook
                                                                    We promote and nurture a corporate culture in which our                                                                                                                 Helbling started the new year well. However, the
Our industry expertise                                              employees feel comfortable and in which it is fun to achieve                                                 Simultaneously, a strategic decision was reached           willingness of customers to invest remains of prima-
– High-tech industry semiconductors / electronics,                  top results together.                                                                                        to forgo financial assistance from the state, and          ry importance for continued business performance.
  microtechnology, automation / robotics, medical technology,                                                                                                                    short-time work was only availed of at our location        Given the uncertainty caused by the pandemic, a trend
  machinery / apparatus                                             Clients are our livelihood                                                                                   in Munich. As business temporarily slowed some-            towards more cautious planning horizons is apparent
– Automotive industry / supplier                                    We develop long-term, service-oriented client relationships                                                  what in the first weeks of lockdown, we repeatedly         in some sectors. What is evident is that major con-
– Transport / traffic / aerospace                                   based on trust.                                                                                              dedicated ourselves to advance work for projects           temporary issues that already occupied us prior to the
– Processing industry, pharmaceuticals, biotechnology,                                                                                                                           and customers who were later able to profit from           pandemic will continue to grow in importance. These
  chemical industry, food industry                                                                                                                                               this. Both internally and externally, this indicated our   are primarily innovation, digitization, and sustainability.
– Trading Financial services                                                                                                                                                     determination, in spite of all due caution, to face the    Our project examples illustrate how Helbling is address-
– IT / telecommunications                                                                                                                                                        challenges born of the pandemic in a productive            ing these issues both specifically and successfully, and
– Energy industry                                                                                                                                                                manner.                                                    even combining them in many cases.
– Infrastructure / public sector
                                                                                                                                                                                 The successful operating results in this extraordinary
                                                                                                                                                                                 year were all due to what are, for us, essential

6                                                                                                                                                                                                                                                                                                         7
Valuable through Innovation Company Portrait and Business Year 2020
SHL Medical – Digitization for profitable growth

    Together with Helbling, SHL Medical is currently implementing an extensive
    transformation program for the digitizing of development and production
    and the globalizing of the business. The goal is to assure major growth while
    simultaneously enhancing productivity.

                                                                                                                                                                                              Sébastien P. A. Martin, lic. oec. publ.,
                                                                                                                                                                                              Senior Vice President, Helbling
                                                                                                                                                                                              Business Advisors, Zurich, Switzerland

                                                                                                                                                                                              “Accompanying SHL
                                                                                                                                                                                              to global digital mar-
                                                                                                                                                                                              ket leadership through
                                                                                                                                                                                              the concentrated
                                                                                                                                                                                              expertise of the united
                                                                                                                                                                                              teams is an incompa-
                                                                                                                                                                                              rable experience.”
    SHL Medical is a recognized leader in the design,         will globalize the organization primarily in R&D, quality   gies enables efficient, global implementation, despite
    development, and manufacture of advanced drug             management, and the supply chain area; expand the           the ubiquitous coronavirus restrictions. In addition,
    delivery devices such as autoinjectors, pen injectors,    production footprint, including through a new location      a comprehensive training and communications concept                 Experts from every division of
    and inhalation systems. SHL customers include top         in Switzerland; and further develop product platforms       is also being pursued to encourage broadly support-                 the Helbling Group are engaged
    pharmaceutical and biotech companies all over the         and products.                                               ed acceptance and sustainability of the required                    to tackle extensive business and
    world that require innovative devices for the effective                                                               changes.                                                            technological tasks. Helbling
    self-administration of their drugs. These devices         Rigorous implementation of the digital target operating                                                                         Business Advisors is responsi-
    allow patients to self-administer medication safely       model developed aims to achieve a maximum degree                                                                                ble for complete transformation
    in the comfort of their homes or under medical            of automation and sharply increased productivity                                                                                management, organizational
    supervision. SHL employs around 5,500 personnel           in future. The technological backbone of this is an                                                                             issues, and the digitizing of oper-
    at four locations in Taiwan, Sweden, the United           integrated product development solution (PLM), global                                                                           ations. Helbling PLM Solutions
    States, and Switzerland.                                  application of SAP S/4HANA using the latest analytics                                                                           supervises the development
                                                              options (ERP), and comprehensive shop floor manage-                                                                             environment, Helbling Technik
    SHL has grown strongly in recent years and plans          ment using a fully integrated MES system. SHL also                                                                              is entrusted with plant planning
    to continue this growth on a massive level in the         aims to play a leading role in the quality management                                                                           and further development of
    coming years. Together with Helbling Business             of medical devices through complete digitization of                                                                             product and platform concepts,
    Advisors and the involvement of further divisions,        regulatory documentation.                                                                                                       and Helbling Beratung +
    SHL has drawn up a comprehensive transformation                                                                                                                                           Bauplanung takes care
    program to anchor the rapid development achieved          This ambitious, extensive, and comprehensive pro-                                                                               of location development in
    to date and cope with anticipated growth. At the          gram is controlled through a joint organization with        Results / Achievements                                              Switzerland.
    core of this program is the end-to-end digitization       the required workstreams and integrated program             In intensive joint project work, the course to the future success
    of development right up to the machine stage and          management. Extremely close cooperation between             of SHL Medical is being charted through digitization to ensure
    the associated improvement of development and             the SHL and Helbling teams in a spirit of partnership       growth, quality, and the enhancement of productivity.
    production processes. Simultaneously, the program         and the use of contemporary collaboration technolo-

8                                                                                                                                                                                                                                        9
Valuable through Innovation Company Portrait and Business Year 2020
Utz Group – Sales Boost Programs project                                                                                              HELROM – Successful support during
                                                                                                                                           fundraising
     Helbling Business Advisors supported the Utz Group when a sales framework                                                             The Frankfurt start-up HELROM wants to revolutionize the transport market with
     for implementation of the sales strategy was developed in the shortest possible                                                       new, innovative freight cars where, for the first time, all conventional semi-trailers
     time. The project laid the cornerstone for effective, efficient sales activities to                                                   can be transported by rail without expensive cranes or loading infrastructure.
     benefit ambitious growth targets.                                                                                                     Helbling Business Advisors provides HELROM with support during fundraising.

     René Braun, lic. oec. HSG, Senior                                                                                                                                                                                            Andre Wassmann, MBA, Dipl.-Betriebswirt,
     Manager, Helbling Business Advisors,                                                                                                                                                                                         Senior Vice President, Helbling Business
     Zurich, Switzerland                                                                                                                                                                                                          Advisors, Dusseldorf, Germany

                                                                                                                          © utzgroup.com
     “Together with the                                                                                                                                                                                                           “As the sole provider,

                                                                                                                                                                                                                       © HELROM
     CEO and sales exec-                                                                                                                                                                                                          HELROM offers a real
     utives, strategically                                                                                                                                                                                                        alternative to road
     valuable and practica-                                                                                                                                                                                                       transport while simul-
                            Overview                                                                                                       Overview
     ble hands-on results   With 1,200 employees at eight locations on three continents, the Utz Group                                     HELROM trailer wagons will make the logistics sector quicker, more efficient,
                                                                                                                                                                                                                                  taneously making an
     were achieved without has been developing and manufacturing sustainable, reusable logistics                                           and more reliable and reduce CO2 emissions by 80 percent compared                      important contribution
     delay – despite the    packaging and technical parts made of plastic for over 70 years. Utz is also                                   to road transport. The company has been self-financed to date. Initially, an           to the reduction of
                            the leader in customer-specific packaging solutions. The goal of this joint                                    ERP start-up loan was obtained from the KfW bank and, more industry-
     pandemic.”             project was to make a lasting contribution to the enhancement of revenue,                                      related, from the German Federal Railway Authority (EBA). The EBA also                 greenhouse gases.”
                                            EBIT, and sales efficiency.                                                                    supports companies that significantly contribute to the reduction of CO2.
     Helbling Business Advisors                                                                                                            Helbling Business Advisors will support the future growth of HELROM                    In addition to a high degree
     was able to draw on a large            Our Contribution                                                                               as a partner.                                                                          of technical expertise, the
     pool of experts from different         The project began in December 2019 with an analysis of the actual situation.                                                                                                          complexity of the tasks involved
     services in the project. This          Based on this, the first quarter of 2020 saw the development of specific                       Our Contribution                                                                       requires the project team to
     applied in particular to the           measures and the Utz Sales Framework. The focus during this was on four                        Experts from Helbling Business Advisors identified further principal banks             have access to a broad network
     areas of growth strategy, sales        tools:                                                                                         for the procurement of financial assistance, coordinated the application with          of investors.
     strategy and offensive, and            – Market models with value chains, potentials, target customers, decision                      the principal and development bank, compiled the required documents,
     market & customer insight.                makers, and influencers                                                                     including business plans and financial reports, and submitted the applica-
     Up to four consultants were            – Customer portfolio with customer appeal and sales activities corre-                          tion. They negotiated with the principal bank, represented HELROM before
     employed, depending on                    sponding to this                                                                            every committee of the institute, and acted as a permanent intermediary.
     the project phase.                     – Sales capacity with optimized potential                                                      Further applications were made for financial assistance in the form of grants
                                            – Sales management and KPIs                                                                    from the EBA. Helbling will also continue to support the start-up during
                                                                                                                                           positioning on financial markets.

                                            Results / Achievements
                                            In close cooperation with sales executives, Helbling Business Advisors                         Results / Achievements
                                            developed stepping stones to success that can now be implemented, step                         Raising of initial funding was already successful. HELROM plans to deploy
                                            by step. A manual provides assistance when processing the customer                             further trains this year and significantly promote growth. The deployment
                                            portfolio. In addition, the findings also contribute to the timely introduction                of 100 to 120 trains all over Europe, each with 18 to 20 wagons, is planned
                                            of appropriate CRM.                                                                            by 2029.

10                                                                                                                                                                                                                                                                           11
Valuable through Innovation Company Portrait and Business Year 2020
SBB – Digital twin for assessing the condition                                                                                        R. Nussbaum – Cloud application for
     of switches with spring points                                                                                                        pressure tests
     SBB is pushing the change from curative to preventive maintenance of the infra-                                                       Helbling Technik designed and realized a cloud application for the manage-
     structure it operates. Helbling Technik supports SBB with simulations of switches                                                     ment of measurement results from leak and pressure tests for R. Nussbaum,
     subject to severe daily stress in the form of a digital twin – a digital likeness of                                                  the successful family business. The data collected provides an essential
     the real object.                                                                                                                      basis for the test reports that the end customer receives.

     Benno Steiner, Masch.-Ing. FH,                                                                                                                                                                                           Daniel Hauri, Software Ingenieur FH,
     Head Calculation & Simulation,                                                                                                                                                                                           Head of Development Team Software
     Helbling Technik, Aarau, Switzerland                                                                                                                                                                                     Engineering, Helbling Technik, Aarau,
                                                                                                                                                                                                                              Switzerland

     “An impressive exam-                                                                                                                                                                                                     “Intense involvement

                                                                                                                           © SBB CFF FFS
     ple of how a digital                                                                                                                                                                                                     of end customers
     twin can offer a tangi-                                                                                                                                                                                                  led to the successful
     ble benefit as a virtual                                                                                                                                                                                                 development of an
                                            Overview                                                                                       Overview
     copy of a real object.”                The breakage of a railroad switch caused SBB to initiate a project addressing                  After fitting a sanitary installation, the installer needs to conduct a pressure
                                                                                                                                                                                                                              intuitive application
                                            assessment of the condition of switches. Real load levels were simulated                       test to check the complete system for leaks. Data measured with a device           that enjoys a high
     The challenge of processing            virtually for the highly stressed spring point using a digital twin. These levels              is transmitted to an intuitive cloud platform where it is complemented by          degree of accep-
     timetable data to create the           were evaluated and preventive measures defined, relative to the individual                     additional object information and stored in a structured format.
     load spectrum for the calcula-         condition of the switch.                                                                                                                                                          tance.”
     tion of the service life required                                                                                                     Our Contribution
     in-depth analysis of data              Our Contribution                                                                               Helbling Technik was commissioned to design and realize the new cloud              An experienced project team
     collection and processing.             The service life of the most important switch types was based on real time-                    application to replace the desktop application. A variety of workshops were        realized this exciting and varied
     Cooperation between the                table data and simulated through FE analyses, taking relevant influencing                      held with sanitary installers, product managers, and experts in the initial        project within a very short time.
     project team with experts from         factors into consideration. The significance of the simulations was validated                  phase to clarify different needs and requirements. Wireframes and designs          A broad spectrum of expertise in
     SBB and Helbling Technik was           with stress levels from measurement runs. The results were incorporated in                     for the user interface were created on the basis of these results. Iterative       the area of software development
     focused and efficient during           an easy-to-use spring point assessment tool developed by Helbling Technik.                     implementation followed in a second phase and involved an agile develop-           contributed to the success. This
     this decisive phase. The               Operational variations in load levels due to timetable changes or varying                      ment approach. Significant tasks included communication with the pressure          included agile development
     combination of system and              train compositions were taken into consideration through comprehensive                         gage, the migration of existing data, implementation of the web interface,         methods, requirement engineer-
     methodological expertise               simulations. Characteristic diagrams based on these enable the achievement                     and setup of the back-end based on Microsoft Azure cloud services.                 ing, UI design, web development,
     enabled successful realization         of advanced damage calculations with regard to time and load.                                                                                                                     cloud software architecture,
     of the project within budget                                                                                                                                                                                             testing, and deployment. Overall,
     and on schedule.                                                                                                                                                                                                         the close cooperation with
                                                                                                                                                                                                                              R. Nussbaum and end customers
                                                                                                                                                                                                                              achieved a high level of accep-
                                                                                                                                                                                                                              tance for the application.

                                            Results / Achievements                                                                         Results / Achievements
                                            With the focus always on preventing switch breakage in future, SBB can                         A majority of installers have already switched to the new application since
                                            assess the condition of the switch spring point, classify the risk involved,                   it was commissioned in early 2020. The customer appreciates the low-
                                            and realize maintenance appropriate to its condition.                                          maintenance application and operating costs kept low by Microsoft Azure.

12                                                                                                                                                                                                                                                                    13
Valuable through Innovation Company Portrait and Business Year 2020
Nescafé Dolce Gusto – Genio S                                                                                        Lyndra’s Stellate Encapsulation System –
                                                                                                                          GMP-compliant encapsulation of a unique dosage form
     Shape and style were paramount for Dolce Gusto during development of the                                             What would it be like to take just one pill a week versus many each day?
     “GENIO S” capsule coffee machine from Nescafé. In addition to a fresh design                                         Lyndra Therapeutics is pioneering the first oral, ultra-long-acting, sustained-
     and favorable price, the machine also captivates through its variant diversity.                                      release therapies with the potential to fundamentally change the way people
                                                                                                                          take medicine.

     Gabriel Sutter, Dipl.-Ing. FH, Head                                                                                                                                                                   Ueli Schläpfer, Dipl.-Mikrotechnik-Ing.
     of Development Team Food & Beverage                                                                                                                                                                   EPFL, Head of Development Team
     Systems, Helbling Technik, Wil,                                                                                                                                                                       Mechatronics, Helbling Technik, Zurich,
     Switzerland                                                                                                                                                                                           Switzerland

     “The key to success                                                                                                                                                                                   “The encapsulation
     lay in the high level                                                                                                                                                                                 challenge is a hard
     of expertise of the                                                                                                                                                                                   one. We have com-
     project team and trust-                                                                                                                                                                               menced automated
                             Overview                                                                                     Overview
     worthy cooperation      Helbling Technik developed the innovative beverage system from the design                    Lyndra’s solution is a unique dosage form inside a pill capsule that dis-
                                                                                                                                                                                                           stellate encapsulation
     with the customer and to production stage, with modularity receiving considerable attention during                   solves in the stomach. The dosage form unfolds, and a controlled release         in our facility, and this
     manufacturer.”          this. The consumer can choose between the BASIC, PLUS, and TOUCH                             of drug occurs over a week or even a month. The Stellate Encapsulation           is an incredible step
                                           versions, depending on the desired range of features.                          System folds and inserts the dosage form into capsules – a key step
                                                                                                                          towards automated manufacturing of a unique medicine.                            forward for Lyndra.”
     The Helbling Technik team             Our Contribution                                                                                                                                                Ray Knox, Chief Manufacturing Officer,
     consisted of mechanical, elec-                                                                                                                                                                        Lyndra Therapeutics, Inc.
                                           Complete development of the appliance in the system, mechanics, elec-          Our Contribution
     tronic, and software engineers.       tronics, and software areas was the responsibility of Helbling Technik. From   Starting from a simple encapsulation process demonstrator built by the
     A shared understanding of             the design phase to series production, all mechanical assemblies, circuit      Lyndra team, Helbling Technik developed mechatronic concepts for                 Realizing a complex machine
     the task and interdisciplinarity      boards, and the software were developed with an eye on functionality and       automating this process, testing the most promising solution in close col-       within an ambitious schedule
     paved the way for innovative          costs. Any prototypes required were also created. Constructive cooperation     laboration with Lyndra. Once the concept had been confirmed, Helbling            required not only a competent,
     solutions optimally tailored to       and a shared understanding of design for manufacturing and assembly            Technik developed, built, and commissioned the complete machine. After           experienced, and agile team, but
     meet requirements. The high           enabled the smooth and timely transfer of development from Switzerland to      testing and optimizing the process further, Helbling Technik delivered           also a high level of cooperation
     level of competence and expe-         production in Asia, despite the Covid-19 situation.                            the machine to Lyndra, recommissioning it and training operators through         with Lyndra’s experts, mature
     rience of the employees and                                                                                          the team in Cambridge, MA.                                                       methods, suitable lab infrastruc-
     cooperation with the customer                                                                                                                                                                         tures, and a network of reliable
     and manufacturer grounded in                                                                                                                                                                          suppliers. This was especially
     trust ensured the achievement                                                                                                                                                                         true under Covid-19 conditions,
     of deadline and cost targets,                                                                                                                                                                         with the only physical contact
     despite the difficult situation                                                                                                                                                                       restricted to delivery of the
     due to the pandemic.                                                                                                                                                                                  machine.
                                           Results / Achievements
                                           Production costs were considerably reduced while taking the range of           Results / Achievements
                                           features when compared to the benchmark into account. The product              Nine months after starting the project, Lyndra has added the Stellate Encapsu-
                                           conforms to international standards and has already been successfully          lation System to its GMP-compliant manufacturing of their novel dosage form,
                                           launched on the market.                                                        enabling production of larger volumes.

14                                                                                                                                                                                                                                                   15
Valuable through Innovation Company Portrait and Business Year 2020
eHealth eco-system – for advanced                                                                                         FEDRO – A1 Rynetel wildlife overpass
     glaucoma management                                                                                                       client support
     Our client aims to transform the management of specific diseases, such as                                                 Helbling Beratung + Bauplanung supported the Swiss Federal Roads Office
     glaucoma, and to conquer a new frontier in eHealth through digital “disease                                               (FEDRO) during construction of the first wildlife overpass in Switzerland with
     intelligence.”                                                                                                            timber trusses. The wildlife overpass contributes to the networking of wildlife
                                                                                                                               populations.

     Stefan Bauer, PhD, Head of Development                                                                                                                                                                     Olivia Champion, Dipl.-Umwelting. ETH,
     Team Sensors & Medical Electronics,                                                                                                                                                                        Senior Vice President, Helbling
     Helbling Technik, Bern, Switzerland                                                                                                                                                                        Beratung + Bauplanung, Zurich,
                                                                                                                                                                                                                Switzerland

     “Collaborating with                                                                                                                                                                                        “Experiencing the
     our client and partners                                                                                                                                                                                    effort made by every­
     across 3 continents                                                                                                                                                                                        one involved to re-
     to advance patient                                                                                                                                                                                         alize an innovative
                             Overview                                                                                          Overview
     care was a truly        In order to better manage glaucoma, a disease that causes irreversible                            The AG6 Suret wildlife corridor is of national importance, connecting as
                                                                                                                                                                                                                project is extremely
     inspiring experience.” damage to the optical nerve, Helbling Technik has been requested to develop                        it does the Jura and Swiss Plateau and enabling crossing in a north-south        motivating.”
                                              a disruptive product featuring extreme miniaturization and a previously          direction. A wildlife overpass was built between Suhr and Gränichen
                                              unachieved ability to provide continuous and autonomously generated patient      to facilitate use of the wildlife corridor in the vicinity of the A1 freeway.
     The interdisciplinary project                                                                                                                                                                              Olivia Champion from Helbling
                                              data to medical professionals.
     team at Helbling Technik was                                                                                                                                                                               Beratung + Bauplanung
                                                                                                                               Our Contribution
     constituted from multiple devel-                                                                                                                                                                           supervised the project for the
                                              Our Contribution                                                                 – Support of FEDRO during all project phases
     opment centers and featured                                                                                                                                                                                entire duration from 2013 to
                                              Helbling Technik has developed an ACTIVE (internally powered) and fully          – Assistance with the procurement of service providers (project instigators
     expertise in the fields of project                                                                                                                                                                         2021. Martin Gähwiler and
                                              AUTONOMOUS (automatically functioning) wireless implantable pressure               for the “implementation project to commissioning,” landscape architect,
     and medical quality manage-                                                                                                                                                                                Gregory Hemmen contributed
                                              sensor that allows physicians to target preventive interventions and stratify      and surveying and geotechnical services phases)
     ment, systems engineering,                                                                                                                                                                                 their valuable experience and
                                              disease progression. These devices generate large amounts of data,               – Coordination of planners and third parties regarding all planning concerns
     mechanics, microtechnologies,                                                                                                                                                                              support, greatly benefiting the
                                              actionable in the short term and predictive in the long term. The rich data      – Preparation of higher-level decisions
     electronics, software, embed-                                                                                                                                                                              project.
                                              stream is processed within a cloud data infrastructure (also developed           – Development and management of project and contract control (costs,
     ded software, cybersecurity,
                                              by Helbling Technik) by artificial intelligence to provide new diagnostics and     deadlines, services) over the entire project
     physics, optics, material sci-
                                              disease management insights for the delivery of better, more personalized,       – Assessment of all project results
     ence, and usability engineer-
                                              and cost-effective healthcare.                                                   – First escalation level during realization
     ing. The team was enriched
                                                                                                                               – Assessment of all supplementary services (services and construction)
     by medical doctors, clinical
     and manufacturing specialists
     from our international partner
     network.

                                              Results / Achievements                                                           Results / Achievements
                                              Pre-clinical prototypes and the data infrastructure were developed and           The interrupted wildlife corridor was reunited. The wildlife overpass contrib-
                                              tested within eleven months. The promise of this technology has been             utes to the wide-scale networking that is important for the genetic exchange
                                              successfully demonstrated in a three-month animal study.                         within and between wildlife populations.

16                                                                                                                                                                                                                                                       17
Valuable through Innovation Company Portrait and Business Year 2020
responsAbility Investments AG – Client                                                                                                            V-ZUG AG – PLM platform for the future
     representative for platform arena tenant fit-out
     Helbling Beratung + Bauplanung was engaged to support responsAbility                                                                              For many years now, Helbling PLM Solutions has cooperated with V-ZUG, the
     Investments AG during its tenant fit-out at Zurich HB, the main railway station.                                                                  leader for household appliances on the Swiss market, during developments
     Helbling acted as the client representative, being involved from the initial idea                                                                 in the PLM area. Together, they established the comprehensive PLM platform
     and project realization through to the opening of the new headquarters.                                                                           as a backbone for engineering.

     Daniel Büchele, Dipl.-Ing. Gebäudeklima-                                                                                                                                                                                             Michael List, Dipl.-Ing. ETH, Senior
     tik/-Technik, EMBA HSG, Competence                                                                                                                                                                                                   PLM Consultant, Senior Vice President,

                                                                                                                            © offconsultraumkonzepte
     Manager, Helbling Beratung + Bauplanung,                                                                                                                                                                                             Helbling PLM Solutions, Zurich, Switzerland
     Zurich, Switzerland

     “Working together                                                                                                                                                                                                                    “The success of PLM
     with the client to                                                                                                                                                                                                                   at V-ZUG is down
     develop and realize                                                                                                                                                                                                                  to the realization of
     a sustainable and                                                                                                                                                                                                                    ideas together and
                                                Overview                                                                                               Overview
     innovative solution                        The new responsAbility Investments AG headquarters have been created                                   V-ZUG develops and manufactures in Switzerland. In order to ensure the
                                                                                                                                                                                                                                          continual expansion
     tailored to the                            directly on platform 18 of Zurich Main Station. Helbling Beratung + Bauplanung                         continued provision of innovation and quality and to keep costs under control,     of the development
     requirements of the                        was commissioned as the client representative for the tenant fit-out. The proj-                        despite rising levels of complexity, V-ZUG places its trust in digitization from   platform.”
                                                ect involved taking innovative steps in modern working methods into account                            the development phase to production. The successful upgrade of the com-
     organization was                           while giving suitable consideration to high sustainability requirements.                               prehensive PLM platform means that the company is ready to face future
     a pure joy.”                                                                                                                                      developments and challenges.                                                       Consisting of customer line
                                                Our Contribution                                                                                                                                                                          managers with access to
                                                Client representation                                                                                  Our Contribution                                                                   appropriate resources and
     With many years of experience                                                                                                                                                                                                        Helbling PLM specialists, the
                                                – Representation and advising of the client in all construction questions                              Helbling PLM Solutions has acted as a consultant for V-ZUG over many years
     in the area of innovative and                                                                                                                                                                                                        project team is a significant
                                                – Client representation in dealings with SBB, the building owner                                       of cooperation, addressing conceptual and methodological issues relating
     future-oriented office fit-­outs,                                                                                                                                                                                                    success factor for projects.
                                                – Development of the office concept approach                                                           to PLM and the PLM platform – from development to manufacture and the
     the team from Helbling                                                                                                                                                                                                               Consultants, project managers,
                                                – Development of the project structure and project organization                                        integration of third-party systems. Products from Dassault Systèmes have
     Beratung + Bauplanung was                                                                                                                                                                                                            application developers, and
                                                – Compilation of the project requirements specification and project manual                             been employed for more than 25 years. Platform processes are continually
     ideally equipped to provide                                                                                                                                                                                                          hotline technicians are all
                                                – Determination of the planning and award procedures                                                   inspected in this regard with, for example, adaptations being made to new
     responsAbility Investments AG                                                                                                                                                                                                        employed by Helbling PLM
                                                – Procurement of all planners, including all required specialists                                      options during functional upgrades. This ensures the successful continuous
     with the best-possible support                                                                                                                                                                                                       Solutions. This close collabora-
                                                – Procurement of workflow analyses and change management                                               development of the PLM platform. One major task last year was an upgrade
     over three and a half years                                                                                                                                                                                                          tion is born of trust and evident
                                                – Coordination of the planning team, specialists, interface monitoring,                                of the platform through six releases that was successfully realized in a
     during the design and imple-                                                                                                                                                                                                         at all levels from management
                                                   user groups, and user representatives                                                               single operation. The PLM team receives support in this respect when it
     mentation of its visions for                                                                                                                                                                                                         through project managers to
                                                – Participation in construction meetings and on-site quality assurance                                 comes to operational questions.
     its new head­quarters.                                                                                                                                                                                                               users. It provides an important
                                                                                                                                                                                                                                          basis for successfully mastering
                                                                                                                                                       Results / Achievements                                                             challenges.
                                                Results / Achievements                                                                                 The result is an established PLM system throughout the development
                                                Development of an office concept based on the client’s visions that func-                              process, from requirements and variant management to design, BOMs,
                                                tions according to the activity-based working model and optimally supports                             documentation, and CAM. More than 400 users are working on the
                                                the client’s organization in terms of strategy and working methodology.                                3DEXPERIENCE® platform.

18                                                                                                                                                                                                                                                                                      19
Helbling Technik – Innovation, together we do it                                                                                          Helbling Business Advisors – Your experts for corporate
                                                                                                                                          finance, strategy, operations, and digitalization
We are independent partners for R&D services, supporting our clients in close cooperation                                                 We advise companies on matters of strategic and operational importance and on effective ways
to achieve a competitive advantage and added business value through strategic innovation.                                                 of future-proofing their businesses. On the basis of our comprehensive consulting expertise,
This support ranges from the initial idea and verification of the technology to the marketable                                            we develop solution concepts that improve the competitiveness and profitability of our clients
product.                                                                                                                                  on a sustainable level.

Sectors & services                Tasks                             The demand for innovation continues unabated around the               Strategy                      Corporate Finance /           Strategy, Operational Excellence, Digital
– Home, office & catering         – Brainstorming                   world. Technological progress, internationalization and intercon-     – Growth strategy             Business Transformation       Transformation
  appliances                      – Advance development (tech-      nection of markets, regulatory obligations, cost pressure and         – Sales strategy              – Turnaround concepts         Through our services reviewing and redesigning company strate-
– Production machinery              nology & feasibility studies)   expectations with regard to sustainability are placing ever more        & offensive                   & implementation            gies and organizational structures, we help our clients achieve
  & automation systems            – Technology development          demands on successful products. In these circumstances, our           – Market & customer insight   – Restructuring reports       differentiated competitive positions and generate profitable
– Industrial equipment & tools      (finding solutions, model-      clients need to be able to continue operating reliably and realize                                    (IDW S6)                    growth. In addition to achieving rigorous cost and process optimi-
– Medical technology                ing & simulation, proof of      their technological and product innovation projects in collabora-     Operational Excellence        – Liquidity planning          zation, our services in the field of operational excellence primarily
– Diagnostic & laboratory           concept)                        tion with operational R&D development service providers,              – Supply chain management       & management                boost effectiveness and efficiency along the entire value chain.
  systems                         – Product development             particularly during the Covid-19 crisis. We are well prepared to      – Production planning         – Business planning           Our focus during a digital transformation is always on the benefit
– Mechatronics & robotics           (concept, proof of efficacy     meet this challenge with our business model and a wealth of             & optimization                & Financial modeling        for the client. We support our clients during development and
– Optic systems                     & proof of safety,              experience in building and maintaining successful partnerships,       – Product Lifecycle                                         shaping of the digital strategy, the business model, and the digital
  & microtechnologies               serviceability, design,         including at a geographic distance. At seven locations in               Management                  Mergers & Acquisitions /      target operating model. During this, we place enormous impor-
– Software engineering              prototypes)                     Switzerland, Germany, the USA, and China, 42 specialized,                                           Financial Advisory            tance on the development and implementation of feasible and
  & information technologies      – Experimental examination,       business-driven development teams work together in a service          Digital Transformation        – Acquisition & sale of       measurable value-adding solutions.
– Modeling, calculation             testing & proof of perfor-      partnership with a professional design and laboratory infrastruc-     – Target operating model        companies
  & simulation                      mance                           ture. Even during lockdown, we realized interdisciplinary             – Digitization of             – Succession planning         Corporate Finance, Business Transformation,
– Transport & mobility            – Design transfer (industri-      projects without interruption, from the initial idea right through      main processes                & solutions                 M&A, Financial Advisory
– Energy & intelligent              alization, manufacturing        to series production.                                                 – SAP S4/HANA transfor-       – Management buy-outs         We develop effective strategic realignment and future-proofing
  infrastructure                    documents, support of                                                                                   mation                        & buy-ins                   concepts, and assist our clients in consistently implementing the
– Plant planning & production       procurement, installation &     We are deeply motivated by the idea of successful products, sat-      – IT management               – Due diligence, assessment   corresponding measures or introducing new business and man-
  optimization                      commissioning, deployment)      isfied clients, and employees who enjoy their work. In this regard,     & solutions                   & capital procurement       agement models. Our M&A experts boast a winning combination
– Ideation                        – Design verification             we attach equal importance to innovative strength, implementa-                                                                    of transaction experience, industry expertise, and creativity,
– Embedded software               – Project & risk management       tion competence, reliability, and discretion. We carefully combine                                                                which in turn enables them to achieve true execution excellence.
  & electronics                                                     our proven development and project management methods                                                                             As a partner of Corporate Finance International, we also perform
– Industrial design & usability                                     in a careful, measured fashion with agile approaches to meet                                                                      global transactions and have access to investors around the
                                                                    increasing demands for flexibility. Simultaneously, we ensure high                                                                world.
                                                                    performance and adherence to deadlines and costs.

20                                                                                                                                                                                                                                                                      21
Helbling Beratung + Bauplanung – Your partner for real                                                                             Helbling PLM Solutions – Your partner for the digital
estate, industrial, and infrastructure projects                                                                                    innovations process
We lead complex real estate, industrial, and infrastructure projects to success. Energy-re-                                        IT solutions for innovation and interdepartmental collaboration within companies: We offer
lated services round off our portfolio. Our almost 50 employees stand for interdisciplinarity,                                     our clients consulting competence, implementation expertise, and integration services, drawing
objectivity, and the creation of client benefits.                                                                                  on the broad and in-depth knowledge of our employees.

Services                                          Our world is the project business in the sphere of buildings and facilities      PLM Consulting                          Product Lifecycle Management
– Energy concepts for clients from the real       owned by public and private owners from a vast range of sectors. With            –   Project management                  We are a leading provider of product lifecycle management services and
  estate & industry sectors                       our experience and expertise, we are able to transform complex tasks into        –   Coaching                            software solutions. We seek to facilitate collaboration that is interdisciplinary,
– Building services engineering, general          sustainable solutions in a high-quality, specific, and competent manner. The     –   Expert reports, audits & analyses   cross-location, efficient and clear, from the product development phase
  planning, BIM coordination for real             broad experience background of our employees builds the basis for our            –   Organizational consulting           through to production. The demands of digitalization, IoT, and Industry 4.0
  estate & industrial clients                     services, which we provide close to the decision makers – both in advising       –   Process optimization                remain high. Over the past fiscal year, our specialists successfully designed,
– Development of new services for                 and representing clients and in comprehensive planning and consulting            –   Methods / solution concepts         configured, and commissioned corresponding solutions for numerous
  manufacturing companies in the food             in the field of energy and building services engineering. We also provide our    –   IT architecture / infrastructure    well-known customers.
  & consumer goods industry                       clients with competent support in the development of sites and locations.
– Project definition, master plan / feasibility                                                                                    PLM Solutions                           A large proportion of these projects was based on the pioneering
  study, market and location analysis,            Helbling Beratung + Bauplanung acts as an independent company. This              Product-based concept development       3DEXPERIENCE® platform developed by our partner Dassault Systèmes –
  architectural competition and study             ensures that our clients enjoy objectivity, an unrestricted focus on their       and implementation:                     a system in whose implementation we played a leading role. Our clients
  contract, evaluation and transaction for        needs and thus freedom of action. We provide our services to our clients         – 3DEXPERIENCE® platform                include companies from the high-tech, aerospace, vehicle construction,
  real estate & industrial clients                in a spirit of partnership. This enables us to focus fully on their respective      (on-site / in-cloud)                 and mobility industries, as well as from mechanical engineering, plant
– Project management for construction             buildings and plant facilities, and to then achieve convincing results with      – CATIA                                 engineering, and construction sectors. With many of them we maintain
  project owners, representation of               signature characteristics.                                                       – ENOVIA                                long-term partnerships. The cooperation is characterized by personal care
  construction project owners, user and                                                                                            – SIMULIA                               and close working realtions. In addition to consulting, sales, and solution
  operator representation for clients from                                                                                         – DELMIA                                adaptations, this includes above all ongoing support in operations.
  the real estate, industrial & infrastruc-                                                                                        – SmarTeam
  ture sectors
– Client consulting and support, BIM con-                                                                                          PLM Service
  sulting, studies, compiling expert reports                                                                                       – Training seminars
  and guidelines in an executive capacity                                                                                          – Support (on-site & via hotline)
  for real estate & infrastructure clients                                                                                         – Company-specific additional
– Status analysis / technical due diligence                                                                                          development work
  for real estate & industrial clients                                                                                             – CAM post-processors
                                                                                                                                   – Outsourcing of system management

22                                                                                                                                                                                                                                                        23
Global Spectrum of Experience
Our Locations
                                                                     Dusseldorf

                                                                           Stuttgart

                                                                                                 Munich
                                                                       Aarau
                                                                                       Wil
                                                                       Bern             Zurich
                              Boston

      San Diego                                                                                           Shanghai

Switzerland                                                                                  USA
Helbling Holding AG        Helbling PLM Solutions          Helbling Technik GmbH             Helbling Precision
Hohlstrasse 614            Hohlstrasse 614                 Leonrodstrasse 52                 Engineering Inc.
CH-8048 Zurich             CH-8048 Zurich                  DE-80636 Munich                   625 Massachusetts Ave,
+41 44 438 17 11           +41 44 986 39 39                +49 89 459 29 250                 Cambridge, MA 02139
                                                                                             USA
Helbling Technik AG        Helbling Business Advisors AG   Helbling Business                 +1 617 475 1560
Schachenallee 29           Hohlstrasse 614                 Advisors GmbH
CH-5000 Aarau              CH-8048 Zurich                  Leonrodstrasse 52                 Helbling Precision
+41 62 836 45 45           +41 44 743 84 44                DE-80636 Munich                   Engineering Inc.
                                                           +49 89 459 29 250                 600 B Street, Suite 300
Helbling Technik Bern AG   Helbling                                                          San Diego, CA 92101
Stationsstrasse 12         Beratung + Bauplanung AG        Helbling Business                 USA
Postfach 171               Hohlstrasse 614                 Advisors GmbH                     +1 617 475 1560
CH-3097 Liebefeld-Bern     CH-8048 Zurich                  Königstrasse 27
+41 31 979 16 11           +41 44 438 18 11                DE-70173 Stuttgart                China
                                                           +49 711 120 46 80                 Helbling Shanghai
Helbling Technik Wil AG    Germany                                                           Representative Office
Hubstrasse 24              Helbling Holding                Helbling Business                 No. 2112 Yanggao Middle Road
CH-9500 Wil SG             Deutschland GmbH                Advisors GmbH                     Room A305, JieLong Park
+41 71 913 82 11           Leonrodstrasse 52               Neuer Zollhof 3                   Pudong Shanghai, PC200135
                           DE-80636 Munich                 DE-40221 Dusseldorf               +86 21 508 179 29
Helbling Technik AG        +49 89 459 29 250               +49 211 137 07 0
Hohlstrasse 614
CH-8048 Zurich
+41 44 438 17 01

                                                           Helbling Group
24
                                                           Valuable through Innovation
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