Core Insights - China is the largest elevator manufacturer and market globally, with an expected elevator stock of 12 million units by 2025, creating the largest elevator aftermarket in the world, focusing on the maintenance and safety of aging elevators [1] Group 1: Safety Initiative - A "Safety Initiative" was launched by the top 10 global elevator manufacturers, top 10 Chinese elevator manufacturers, and top 10 and 20 Chinese elevator maintenance companies to promote the sustainable and healthy development of the elevator industry and ensure safe operation [1][2] - The initiative emphasizes the importance of responsibility, advocating for self-discipline among companies to resist unhealthy competition and any actions that compromise quality and safety [2] Group 2: Safety Standards and Management - The initiative calls for deepening safety concepts, adhering to elevator safety production standards, and enhancing digital and intelligent management levels to improve safety, stability, and reliability [2] - It also highlights the need for a robust construction site management system, ensuring standardized installation quality and compliance with safety regulations during maintenance work [2] Group 3: Industry Development and Collaboration - The initiative promotes a value-oriented approach, encouraging competition, cooperation, and win-win strategies for healthy industry development [3] - It urges users to establish daily elevator safety management systems and emergency rescue plans, clarifying safety management responsibilities to strengthen the safety net for elevators [3] - The "2025 Global/China Top 10 Elevator Manufacturers" list indicates that major global elevator companies are investing in and acquiring local firms to deepen their presence in the Chinese market, while domestic manufacturers are enhancing competitiveness through technological and product innovations [3]