Core Insights - The eighth China International Import Expo (CIIE) was held from November 5-10, 2025, in Shanghai, showcasing GE Vernova's commitment to energy transformation and sustainable development [1][3] - GE Vernova has been participating in the CIIE for eight consecutive years, highlighting its long-term dedication to the Chinese market and its role in supporting China's new power system and carbon neutrality goals [1][3] Company Overview - GE Vernova, with a history of 135 years, focuses on electrification and low-carbon development, capitalizing on the global increase in electricity demand [3][5] - Since its independent listing in April 2024, GE Vernova has shown robust business growth, indicating a strong upward trend in various performance metrics [3] Product Highlights - The LM6000 VELOX gas turbine model was showcased for the first time, capable of 100% hydrogen power generation, emphasizing its low emissions and high reliability [8][9] - The 9HA gas turbine model, known for its advanced technology and efficiency, has received 198 global orders, with a significant contribution to CO2 reduction in China [9][10] - The 6F.03 gas turbine model, recognized for its high efficiency and reliability, has secured over 284 global orders, with 50 units ordered in China [10] Sustainability Initiatives - GE Vernova's carbon capture solutions can potentially reduce carbon emissions by up to 95%, supporting the decarbonization efforts of power plants [10][11] - The company aims to contribute to China's dual carbon goals through innovative technologies and sustainable practices, as demonstrated in its recent sustainability report [14][15] Strategic Partnerships - During the CIIE, GE Vernova signed procurement agreements with key domestic partners, including a project in Nigeria and long-term service agreements with Shanghai Huadian Minhang Energy [12][14] - These partnerships are part of GE Vernova's strategy to enhance its local presence and support China's energy transition [12][14] Market Position - GE Vernova's equipment accounts for approximately 25% of the world's electricity supply, with a total installed capacity of 232,400 MW globally [7] - In China, GE Vernova services over 250 gas turbines, representing about one-third of the national gas power generation capacity [7]