Core Insights - The LHY hydraulic brand has been launched globally, marking a strategic transformation from the previous "Linde Hydraulics" brand, emphasizing the company's commitment to innovation and modernization [1][2] - The brand upgrade reflects a blend of German engineering heritage and Chinese innovation capabilities, aiming to provide comprehensive hydraulic solutions across various industries [2][3] Company Overview - LHY has a rich history of 121 years, originating from Linde Hydraulics established in Germany in 1904, and has been a leader in hydraulic technology innovation [1][2] - The company has experienced a compound annual growth rate (CAGR) of 6.5% in its German hydraulic transmission business over the past five years, with a remarkable 25% CAGR in the Chinese market [2] Strategic Developments - The brand's new identity incorporates elements of its historical legacy while positioning itself as a system solution provider rather than just a component supplier [2][3] - LHY has established a global R&D system across Germany and China, focusing on both mature and cutting-edge hydraulic technologies, enhancing its competitive edge [3] Product and Market Positioning - LHY's product range includes core hydraulic components and complete hydraulic powertrain systems, applicable in diverse sectors such as construction machinery, agricultural equipment, and high-end manufacturing [2][3] - The company has secured 593 patents, including 106 invention patents, establishing a strong technological barrier for global development [3] Vision and Future Goals - LHY aims to become a leading supplier of high-end hydraulic powertrain system solutions, promoting a collaborative ecosystem of technology sharing and mutual benefits within the global hydraulic industry [4][5] - The ongoing global expansion of LHY is expected to inject more "Sino-German wisdom" into the high-end equipment manufacturing sector, contributing to the high-quality development of the hydraulic industry [5]

Core Viewpoint - The LHY hydraulic brand, formerly known as "Linde Hydraulics," has been officially launched, marking a strategic transformation and a commitment to becoming a global leader in hydraulic systems, leveraging over a century of German technological heritage [1][5]. Brand Evolution - LHY has a history of 121 years, originating from Linde Hydraulics established in Munich, Germany, in 1904, and has consistently led the industry through technological innovation [3]. - Following its strategic restructuring by Weichai in 2012, LHY has focused on global development, establishing a new hydraulic intelligent manufacturing plant in Germany and investing 2 billion yuan in a hydraulic R&D and manufacturing base in China [3][5]. - The brand upgrade to LHY signifies both a legacy of Linde's technology and a forward-looking strategic shift towards becoming a system solution provider rather than just a component supplier [5][10]. Technological Innovation - LHY emphasizes continuous technological innovation as its core competitive advantage, supported by a "two countries, three locations" global R&D system [6][8]. - The company has developed unique hydraulic components that enhance efficiency and compactness, such as a hydraulic motor with a unique steel column structure that improves stability and reduces installation space [8][10]. - LHY has achieved significant milestones in product development, including electric distributed excavators and advanced main pump technologies, positioning itself to lead in the industry's technological evolution [11][13]. Global Operations - LHY has established a global production network with four manufacturing bases and eight subsidiaries across Europe, the U.S., and China, creating a comprehensive service network in over 50 countries [11]. - The company aims to integrate resources from both Germany and China to provide efficient and sustainable solutions, fostering a collaborative ecosystem in the hydraulic industry [13].