Core Viewpoint - Rolls-Royce's mtu new 2000 series engines are being produced in China, targeting opportunities in data centers and other critical applications, while the company emphasizes local production and market demand activation [1][3]. Group 1: Product and Market Development - The mtu new 2000 series engines are designed for critical applications such as data centers, industrial parks, power plants, and infrastructure backup power [1]. - The engines have a power range of 800 kW to 1000 kW, with the new 2000 series engine specifically rated at 1000 kW, offering more application scenarios compared to the mtu 4000 series, which starts from 1300 kW [2]. - The global demand for data center generators is increasing, with the market expected to grow from $7.22 billion in 2024 to $9.14 billion by 2029, reflecting a compound annual growth rate of 4.85% [3]. Group 2: Financial Performance - Rolls-Royce reported a basic operating profit of £1.7 billion for the first half of the year, a 54.54% increase year-on-year, with a profit margin of 19.1%, up by 5.1 percentage points [1]. - The power systems business profit margin has improved to 15.3%, driven by growth in the power generation sector, particularly from data centers and government clients [1]. Group 3: Local Production and Strategy - The mtu new 2000 series engines are produced at the Yuchai Antuo Power Co., Ltd. in Suzhou, a joint venture with Guangxi Yuchai Machinery Co., Ltd., which has been focused on producing mtu 4000 series engines since 2018 [4]. - The company plans to expand production capacity in 2024 to include mtu 2000 series engines and other products for the oil and gas industry [4]. - The company is optimistic about the growth potential of the Chinese market and is considering further localization measures if market trends continue positively [5].