Core Viewpoint - Schneider Electric has established a localized innovation center in Beijing Economic and Technological Development Area, marking a significant step in enhancing its "China Center" strategy and fostering local innovation in collaboration with Qi An Xin Group [1][2][3]. Group 1: Localized Innovation Center - The Schneider Electric (China) Technology Localization Innovation Center aims to provide deep adaptation services for domestic basic software and hardware, focusing on information technology co-creation and ecological collaboration to meet the rapid development needs of China's digital economy [2][3]. - The center will concentrate on three main areas: local adaptation, security compliance, and ecological collaboration, leveraging global technological advantages to align with Chinese market demands [2][3][4]. - The establishment of this center is seen as a vital move to enhance the information technology innovation ecosystem in China, promoting collaboration among various organizations and integrating complementary resources [3][4]. Group 2: Strategic Partnership - Schneider Electric and Qi An Xin Group have signed a strategic cooperation agreement to deepen collaboration in network security services, joint innovation, and the establishment of industry standards [3][4]. - This partnership signifies a new phase of cooperation, aiming to build a unified security system that provides robust support for enterprises in both the Chinese and global markets [3][4]. Group 3: Investment and Development - Schneider Electric has continuously increased its investment in Beijing E-Town, transforming its facility from a single low-voltage factory into a comprehensive digital industry demonstration park [5]. - The Beijing E-Town area is recognized for its favorable business environment and innovative resources, particularly in electric vehicles, clean energy, and artificial intelligence applications, which enhances Schneider Electric's confidence in ongoing investments [5][6]. - The region is projected to achieve an industrial output value exceeding 600 billion yuan in 2024, with significant contributions from the robotics and intelligent manufacturing sectors [5][6].