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For the hydraulic system and core components as the main strategic development direction of the Company, jointly expand the market of walking hydraulics and industrial hydraulics by establishing a joint venture with Bosch Rexroth. Meanwhile, integrate the strategic resources of the overall value chain process of both sides, continue to establish a more cost advantage, better performance, faster response time and comprehensive competitiveness, and continue to promote the strategic business layout and development of hydraulic systems and core components.