In 2025, the inverter industry will usher in a broader development space and market opportunities. With the increasing global pursuit of green, low-carbon and sustainable development, frequency converters, as one of the key technologies to achieve this goal, will play a more important role in the rapid development of emerging industries. At the same time, with the continuous progress of technology and the increasingly mature market, the inverter industry will also face more intense competition and higher challenges. In order to deeply explore the development trend of the frequency converter industry, share the successful experience of industry leaders, and jointly look forward to the bright prospects in 2025, the "Frequency converter World" has planned "How to seize the opportunity in 2025?" A special report. This guest is Xu Changhai, general manager of high voltage inverter Division of FGI Electronic Technology Co., LTD., and there will be more enterprises to participate in the topic, please look forward to it.

VFD World: What significant achievements or breakthroughs did your company make in the VFD field in 2024? Please share some specific achievements or highlights.

Xu Changhai: In 2024, China has successively introduced a number of policies such as large-scale equipment renewal and replacing old consumer goods with new ones, emphasizing the vigorous promotion of project construction and promoting the market development of FGI inverter products. In 2024, FGI's sales performance of high-voltage inverter products increased significantly, especially in the mining and non-ferrous metal smelting industries, which obtained large batch orders from the leading customers and set the industry benchmark. Further consolidated the company's dominant position in the inverter market and deepened the brand's influence in the industry. Overseas markets also frequent good news, overseas customers on the company's technical strength and product quality is highly recognized, but also the company in the global inverter market to cultivate a strong witness, so that the brand influence is deeply rooted in the international market.