Core Viewpoint - Scania Manufacturing (China) Co., Ltd. has received approval for independent production in China, marking a significant milestone as the first European heavy-duty truck brand to achieve local production under a wholly-owned model following the lifting of foreign ownership restrictions in commercial vehicles in China [1][2]. Group 1: Company Developments - On September 8, the Ministry of Industry and Information Technology announced the inclusion of Scania's products with a change of production address to "No. 1 Zhongrui Avenue, Chengbei Street, Rugao City, Jiangsu Province" [1]. - Scania is a leading provider of transport solutions globally, part of the Volkswagen Group, with operations in over 100 countries, focusing on sustainable transport systems [2]. - Scania's new industrial production base in Rugao was inaugurated in 2020, with construction starting in June 2022 and the second phase of the powertrain project commencing in October 2023, aiming for completion in 2024 and production to start in Q4 2025 [3][5].