Core Viewpoint - The successful localization of pressure product manufacturing by the Cologne Group marks a significant milestone in enhancing competitiveness and meeting the evolving demands of the Chinese market [3][7]. Group 1: Localization Strategy - The first OPTIBAR PM 3050 pressure product was successfully produced in China on March 18, indicating a solid step towards local production and customer service [1]. - The production line for pressure products, previously managed by the German subsidiary KPS, has now been transferred to China, with KMTS responsible for production and delivery [3]. Group 2: Benefits of Localization - Quality remains unchanged as the localized pressure product series adheres to the strict quality standards set by the German headquarters, ensuring that each device meets international first-class levels [5]. - Cost control is improved through localization, allowing the company to offer more competitive pricing, which helps reduce procurement costs for customers and enhances overall project economic efficiency [5]. - Shorter delivery times are achieved due to the production base being located in Shanghai, facilitating a more efficient logistics and supply chain, thus enabling rapid response to customer demands [5]. Group 3: Commitment to the Chinese Market - The successful localization of pressure products is not only a key milestone for the Cologne Group's development in China but also reflects the company's long-term commitment to the Chinese market [7]. - The company plans to continue promoting the localization of more pressure products and enhancing service levels to contribute to the prosperous development of the Chinese process industry [7]. Group 4: Company Overview - The Cologne Group is a leading global provider of industrial process measurement solutions, dedicated to delivering high-quality products and services to customers [8]. - Through continuous innovation and localization strategies, the company aims to create value for global customers [8].