China's leading construction machinery enterprise Guangxi LiuGong held the inauguration ceremony of LiuGong Finance Indonesia and customer event in Jakarta. The company previously agreed to have its wholly-owned subsidiary LiuGong Machinery Indonesia Manufacturing Co., Ltd. invest 500 million yuan to build a manufacturing plant in Indonesia, which will help strengthen the company's overseas localized manufacturing capabilities and further improve the global supply chain system. The event, themed "Collaboration and Co-creation for a Sustainable Indonesia," showcased LiuGong's earthmoving machinery, lifting equipment, and electrified product lines, and launched electric and intelligent solutions tailored for the Indonesian market. The eighth Global Skills Competition Indonesia finals held concurrently highlighted LiuGong's investment in local technical talent development. Since entering Indonesia in 2006, LiuGong has adhered to localization and sustainable development. The head of the Investment Board highly praised LiuGong's contributions in technology introduction, green manufacturing, and job creation. The newly established LiuGong Finance Indonesia will drive the upgrade of the "product + capital + service" model to support the transformation of Indonesia's downstream industries. The company president stated that in 2025, LiuGong will increase investment in its local factory and R&D center in Indonesia, with plans to make Indonesia one of its global headquarters. This move marks LiuGong's transformation from a single equipment supplier to a full-value-chain integrated service provider, helping to realize Indonesia's "2045 Golden Vision."