Core Viewpoint - FAW Jiefang is enhancing its R&D capabilities to maintain its leadership in the commercial vehicle industry amidst market competition and technological advancements [1][5][19]. Group 1: R&D Project Overview - The newly completed R&D project in Wuxi has a total investment of 423 million yuan, with a building area exceeding 45,000 square meters and a height of 71.18 meters [6][19]. - This project aims to leverage the advantages of the Yangtze River Delta region and enhance FAW Jiefang's capabilities in powertrain technology innovation and product development, positioning it as an international R&D platform [6][15]. Group 2: Strategic Importance - The project is a critical move for FAW Jiefang to stabilize market expectations and enhance brand influence through technological independence [5][19]. - FAW Jiefang's Vice General Manager emphasized that the development quality of the powertrain industry is crucial for overcoming challenges and achieving the strategic goal of being "China's first and world-class" [5][19]. Group 3: Product Innovation - FAW Jiefang launched two hybrid mining dump trucks designed for mining transportation, showcasing its commitment to integrated and intelligent power solutions [9][10]. - The new products feature a "software-defined powertrain" that optimizes performance through unified control of various systems, addressing key challenges in mining operations [10][13]. Group 4: Global R&D Layout - The "Four Countries, Nine Locations" global R&D layout is a strategic foundation for FAW Jiefang to lead in technology and respond to international competition [15][16]. - The new R&D building incorporates a "D" shaped design representing Design, Development, and Digitalization, which are essential for innovation in the powertrain sector [16][19]. Group 5: Future Outlook - The completion of the project symbolizes a deepened collaboration between FAW Jiefang and the Wuxi government, aiming to foster new productive forces [19][21]. - FAW Jiefang is poised to accelerate innovation and capture competitive advantages in the global commercial vehicle market, contributing to the nation's manufacturing and transportation strength [19][21].