Cummins(US:CMI) Huan Qiu Wang·2025-06-17 08:10Core Viewpoint - Cummins celebrates its 50th anniversary in China, reflecting on its journey and commitment to a zero-carbon future while collaborating with partners and customers [1][3][11]. Group 1: Historical Development - Cummins began its journey in China in 1975 with the introduction of high-power diesel engines for mining trucks, marking the start of a significant partnership with local industries [5]. - The company has evolved from a pure engine manufacturer to a diversified power solutions provider, covering the entire industry chain including engines, power generation, components, and new energy solutions [6][11]. - Key milestones include establishing joint ventures and wholly-owned subsidiaries in the 1990s and setting up an engine technology R&D center in Wuhan in 2006 [5]. Group 2: Collaboration and Impact - The company has built strong relationships with various sectors in China, including transportation, construction, mining, telecommunications, and power, contributing to the growth of these industries [3][10]. - Cummins' products and services are widely used across China, from remote areas to urban centers, ensuring support for users' quality of life [8][10]. Group 3: Commitment to Zero-Carbon Future - In response to global energy transitions, Cummins is advancing its "zero-carbon goal" strategy, focusing on both traditional power reduction and breakthroughs in zero-emission technologies [11]. - The company has made significant advancements in emission upgrades, including preparations for National VI and non-five emission standards, and is set to launch a new 30-liter engine platform tailored for mining applications by 2026 [11]. - Cummins has introduced a new multi-fuel powertrain that optimizes performance across various operating conditions and can utilize low-carbon and zero-carbon fuels [12]. Group 4: Future Innovations and Services - The company is enhancing its electric drive business and has developed core technologies for electric motors, controls, and integrated electric drive systems [12]. - Cummins' aftermarket services are designed to provide comprehensive, intelligent, and rapid support through a vast network of service providers and digital platforms [12]. - The CEO emphasizes the importance of innovation and collaboration in driving economic development and benefiting communities in China [14].