Core Insights - Scania is marking 2025 as a significant year in its development in the Chinese market, celebrating 60 years of partnership while launching a new production base in Rugao, which symbolizes its commitment to localizing operations and enhancing its supply chain in China [1][3]. Strategic Upgrades - Scania is implementing a comprehensive upgrade of its strategy in China, focusing on R&D, manufacturing, and overall solutions, transitioning from a transactional partner to an operational partner, which is akin to a "second startup" for the company [3][7]. - The new "Strategy 2.0" is driven by evolving industry regulations, increasing logistics demands, and the rapid development of digital solutions, which present both opportunities and challenges for the company [7][16]. Operational Focus - The core of Scania's strategic upgrade is the introduction of "worry-free solutions" based on Total Cost of Ownership (TCO), allowing for customized solutions for various applications, supported by a digital hub through the Scania app [8][10]. - Scania's new operating lease business aims to reduce initial capital expenditure for logistics companies and individual owners, enhancing operational efficiency and resource allocation [10][17]. Dealer Network Expansion - Scania is focused on expanding its dealer network in China, with plans to increase the number of dealers from over 40 by the end of 2025 to more than 70 by the end of 2026, thereby improving market coverage [18][23]. - The company is also addressing the financing needs of its dealers by providing comprehensive financing solutions, enabling them to operate with reduced financial pressure [23]. Service Strategy - Scania plans to enhance its service offerings by providing value-added services such as fleet consulting and management, allowing customers to focus on their core operations while Scania manages the backend services [23].