On the 17th, Hitachi Energy, which handles power transmission and distribution equipment for the Hitachi Group, held a completion ceremony for a new digitalized production line for tap changers and a groundbreaking ceremony for an ultra-high voltage bushing project at its Chinese subsidiary, Hefei Hitachi Energy Transformer (Hitachi Energy Hefei Transformer), located in Hefei City, Anhui Province, China. It announced the start of a strategic investment totaling approximately $300 million (1 dollar = approximately 160 yen) in China. This single investment is said to be the largest ever in China. The company aims to further expand its new power transformer business, expand the manufacturing scale of component products, and strengthen its global manufacturing network.

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James Zhao (Zhao Yongzhan), Executive Vice President and Head of North Asia Region for Hitachi Energy, stated, "This investment is a strong expression of our confidence in the development prospects of China's manufacturing industry. The investment plans for the transformer manufacturing base, the ultra-high voltage bushing factory, and the recently completed tap changer digital production line mark the beginning of a new chapter for Hitachi Energy's business in China."

More than 40 years have passed since the company entered China. It currently has 11 manufacturing bases and has already established a system to consistently handle everything from research and development and consulting to sales, engineering, manufacturing, and services within China.

Bruno Mele, Executive Vice President and CEO of the Transformer Business Unit, explained that this investment, under the company's continued commitment to China, aims to strengthen production capacity and enhance the resilience of the regional and global transformer value chain. He also stated that the company will support customers aiming to build safer, more economical, and sustainable energy systems, fitting for the era of electrification. (Provided by Xinhua News Agency)