Core Viewpoint - The LHY hydraulic brand, formerly known as "Linde Hydraulics," has been officially launched, marking a strategic transformation and a commitment to becoming a global leader in hydraulic systems, leveraging over a century of German technological heritage [1][5]. Brand Evolution - LHY has a history of 121 years, originating from Linde Hydraulics established in Munich, Germany, in 1904, and has consistently led the industry through technological innovation [3]. - Following its strategic restructuring by Weichai in 2012, LHY has focused on global development, establishing a new hydraulic intelligent manufacturing plant in Germany and investing 2 billion yuan in a hydraulic R&D and manufacturing base in China [3][5]. - The brand upgrade to LHY signifies both a legacy of Linde's technology and a forward-looking strategic shift towards becoming a system solution provider rather than just a component supplier [5][10]. Technological Innovation - LHY emphasizes continuous technological innovation as its core competitive advantage, supported by a "two countries, three locations" global R&D system [6][8]. - The company has developed unique hydraulic components that enhance efficiency and compactness, such as a hydraulic motor with a unique steel column structure that improves stability and reduces installation space [8][10]. - LHY has achieved significant milestones in product development, including electric distributed excavators and advanced main pump technologies, positioning itself to lead in the industry's technological evolution [11][13]. Global Operations - LHY has established a global production network with four manufacturing bases and eight subsidiaries across Europe, the U.S., and China, creating a comprehensive service network in over 50 countries [11]. - The company aims to integrate resources from both Germany and China to provide efficient and sustainable solutions, fostering a collaborative ecosystem in the hydraulic industry [13].