Recently, Hopepower Co., Ltd. was awarded the honorary title of 'Excellent Supplier' by the Building Technology Division of Midea Group, thanks to its excellent product quality, efficient supply chain response capability, and deep technical collaboration strength.

As one of the world's largest manufacturers of permanent magnet synchronous traction machines, Hope Power has always been dedicated to the research, development, and manufacturing of environmentally friendly and energy-efficient green power systems, with an annual production capacity of up to 80,000 units. Leveraging its robust technical expertise and global sales network, it has become a benchmark enterprise in the field of elevator core components. As the core carrier of Midea Group's elevator industry layout, Midea Lingwang has achieved leapfrog development since its acquisition by Midea Group. Relying on the technological accumulation and resource advantages of Midea Group, its R&D team has continued to expand, with a significant increase in research and development budget. It has successively secured a large order of 2,000 elevators from Yuanyang Group, deeply participated in major projects such as Foshan Metro, Guangzhou Metro, and Changchun Rail Transit, and its freight elevator sales have consistently ranked among the top in the country for a long time, making it a backbone force in the domestic elevator industry.

The cooperation between the two parties stems from a high degree of alignment in the industrial philosophy of 'green, intelligent, and efficient'. At the product level, Hope Power's customized permanent magnet synchronous traction machine for Midea Lingwang perfectly fits the research and development needs of Midea Lingwang's intelligent energy-saving elevator system, thanks to its core advantages of high efficiency and energy saving, stable operation, and low noise and environmental protection. It helps integrate Midea's air conditioning heat management technology, enabling intelligent adjustment of elevator energy consumption and significant improvement in energy utilization efficiency. This deep collaboration of 'core components + complete machine manufacturing' has enabled Midea Lingwang Elevator to achieve a qualitative leap in product competitiveness, satisfying the market's demand for green building equipment and aligning with the development direction of the national 'dual carbon' strategy.

At the supply chain and service level, Hapower provides a solid guarantee for the large-scale production of Midea Lingwang with its high-standard delivery capabilities and rapid response service system. Relying on the unified supply chain platform of Midea Group, both parties have achieved deep collaboration in supply chain management. Hapower precisely matches Midea Lingwang's production rhythm, ensuring stable supply of core components. At the same time, it actively participates in the optimization of Midea Lingwang's production processes, leveraging Midea's application experience with KUKA robotic automation equipment to jointly improve production efficiency, reduce product defect rates, and build an efficient and collaborative supply chain ecosystem.

Winning the title of 'Excellent Supplier' this time is a concentrated reflection of the achievements of our cooperation, and it is also a new starting point for deepening our cooperation in the future. Looking ahead, Hopepower and Midea Lingwang will continue to take technological innovation as the core driving force and explore deeper in areas such as smart elevators and green buildings. Hopepower will continue to iterate its core power technology and launch elevator component products that are more suitable for intelligent scenarios. Midea Lingwang will further integrate Midea Building Technology's AIoT, digital management, and other technologies to create a full-scenario smart elevator solution. Both parties will rely on their respective industrial advantages to continue to invest in technology research and development, market expansion, and brand building, jointly creating a model of collaborative development in the elevator industry. This will inject new momentum into the high-quality development of China's high-end manufacturing industry, and with a joint effort for win-win results, we will write a new chapter of high-quality development in the elevator industry.