That’s why our R&D investment and focus in China are aimed at creating products that are both technologically leading and cost-effective. We emphasize “DesigntoCost”—building cost advantages into the design from the very beginning. This balance works extremely well: it helps us develop offerings for new-type power systems and software-driven digitalization, serving industry customers and Chinese companies going global, while also extending our reach into overseas markets through truly multinational corporations. That, broadly speaking, is our strategic direction.
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