Core Viewpoint - Woodward, Inc. is winding down its on-highway natural gas truck business in China as part of a strategy to optimize its Industrial segment and product portfolio [1][2]. Group 1: Business Strategy - The decision to wind down the China on-highway (OH) business aligns Woodward's Industrial portfolio with priority end-markets and long-term growth opportunities [2]. - This strategic move allows the company to realign resources and focus on delivering leading control solutions across Transportation, Power Generation, and Oil & Gas markets [2]. Group 2: Operational Impact - The wind-down will involve closing a small manufacturing facility in China and reducing a limited number of sales, engineering, and product support staff [3]. - The decision is specific to the China OH business and does not affect other segments of Woodward [3]. Group 3: Financial Performance - The China OH business has not significantly contributed to Woodward's overall financial performance consistently [4]. - In fiscal year 2025, Woodward achieved record sales and earnings, driven by strong results in its Industrial and Aerospace segments [4].