Core Viewpoint - The company is establishing a factory in Germany as part of a strategic layout despite not having received any orders yet, indicating a long-term vision to adapt to global supply chain demands and potential future regulations [1]. Group 1: Company Strategy - The company has not yet commenced production at its German facility, which is why no orders have been secured so far [1]. - The majority of offshore orders in Europe are still being captured by local companies, highlighting the competitive landscape [1]. - The company aims to build local capacity to address the long expansion cycles and supply chain shortages faced by European firms [1]. Group 2: Market Context - The shift towards global supply chains is driven by the insufficient local capacity in Europe to meet demand [1]. - Future risks such as carbon tariffs and anti-dumping duties are influencing supply chain decisions, making local establishment a strategic necessity [1]. - The company is simultaneously developing offshore capacity in its domestic base to better meet global offshore construction needs [1].