Core Viewpoint - Baker Hughes has been contributing to the development of China's energy and industrial sectors for over 40 years through technology, services, and partnerships, emphasizing a long-term commitment to support China's goals through innovation and collaboration [1] Group 1: Company Initiatives - Baker Hughes showcased numerous impactful products and technologies at the China International Import Expo, focusing on enhancing traditional oil and gas production efficiency, promoting decarbonization and clean energy development, and improving industrial asset safety [1] - The company has participated in the Import Expo for eight consecutive years, highlighting its ongoing engagement in the Chinese market [1] Group 2: Industry Trends - The global energy sector is transitioning towards a more efficient, sustainable, and digital future, with China playing a crucial role in accelerating the large-scale application of clean technologies [1] - China's large-scale deployment in solar energy, wind energy, electric vehicles, and grid-related manufacturing is accelerating the global learning curve, reducing costs, and reshaping supply chains [1]

Group 1 - Baker Hughes has been contributing to the development of China's energy and industrial sectors for over 40 years, showcasing a commitment to innovation and collaboration with the theme "Working Together with China for a Sustainable Energy Future" at the expo [1] - The company has displayed numerous influential products and technologies aimed at enhancing traditional oil and gas production efficiency, promoting decarbonization and clean energy development, and improving industrial asset safety [1] - China plays a crucial role in the global energy industry's transition towards greater efficiency, sustainability, and digitization, particularly through large-scale deployment of clean technologies in solar, wind, electric vehicles, and grid-related manufacturing [1] Group 2 - Baker Hughes integrates its supply chain in China into its global operations, enhancing competitiveness and enabling faster deployment of transformative technologies [2] - The Changzhou facility serves as a key production base for industrial sensors, flow meters, and industrial radiography solutions, supporting manufacturing in photovoltaic, wind power, battery, and new materials sectors [2] - The company is actively advancing localized engineering, qualified procurement, and assembly where appropriate, strengthening the ecosystem of Chinese suppliers to improve capacity and reliability [2] Group 3 - The company has developed solutions that comply with China's data and cybersecurity requirements, such as Cordant™ for multi-industry performance and Leucipa™ for oil and gas production optimization [2] - Baker Hughes has signed a memorandum of understanding with Huayi Group to explore industrial internet and smart diagnostics, and is expanding cooperation with China National Petroleum Corporation and Sinochem Luhai Engineering in digitalization and reliability solutions [3] - The company expresses confidence in China's innovation momentum and aims to promote China's quality supply chain globally, enriching its global product portfolio with China's innovative achievements [3]