Honeywell(US:HON) Sou Hu Cai Jing·2025-12-02 06:15Core Insights - The recent innovation summit held by Lubrizol in Pudong showcased several cutting-edge technologies, marking the Asia-Pacific debut of multiple products, while Honeywell also presented its advancements in avionics technology tailored to the needs of China's civil aviation industry [1][5] Group 1: Local Innovation and Development - Lubrizol is transitioning from "import and digest" to "source innovation" in the Asia-Pacific region, significantly increasing the proportion of local R&D through close collaboration with ecosystem partners [2][4] - The "Lubrizol CV1150 heavy-duty diesel engine oil solution" is a notable local innovation, fully developed by Lubrizol's Chinese R&D team, meeting China's National VI and pre-research National VII standards [4] - The establishment of Lubrizol's beauty research lab in Pudong has enhanced local R&D efficiency and enriched the global innovation perspective, demonstrating the company's commitment to localizing its development processes [6][7] Group 2: Technological Advancements in Aviation - Honeywell's new ground warning software, SURF-A, enhances runway safety by helping pilots identify potential hazards, showcasing the integrated advantages of Honeywell's avionics systems [5] - Honeywell is deepening its local presence in China by building a comprehensive maintenance, repair, and overhaul (MRO) network, contributing to the high-quality development of the Chinese aviation industry [5] Group 3: Regional Ecosystem and Collaboration - Pudong is recognized as a key location for multinational companies to establish their supply chains and innovation networks, attracting numerous R&D centers and innovation platforms [1][7] - Companies like bioMérieux and Eli Lilly are expanding their local operations in Pudong, focusing on collaborative innovation and transforming from import-export trade to local R&D and manufacturing [8][9]