Liugong and ZF Sign Agreement to Continue and Deepen Joint Venture Cooperation

Liugong and ZF Sign Agreement to Continue and Deepen Joint Venture Cooperation

November 26, 2024


November twenty fifth,Liugong and German ZF Group(Hereinafter ZF)The signing ceremony of continuing and deepening joint venture cooperation was held in Shanghai.。On the basis of 30 years of sincere cooperation,,Further strong alliance,Continue to write a new chapter of Sino-foreign cooperation and development in construction machinery industry。

 

 

Su Zimeng, President of China Construction Machinery Industry Association;Wang Haiyan, Deputy Director of Guangxi SASAC、Ke Mei, deputy director of the Department of Industry and Information Technology of Guangxi、Wang Xinming, Vice Mayor of Liuzhou City;Executive Vice President, ZF、Head of Industrial Technology DivisionAndreas Moser,Executive Vice President、President of China、Wang Runyi, President of Asia Pacific Operations,Vice President、Head of Non-road System of Industrial Technology DivisionAlexander Seeliger,Vice President、Person in charge of construction machinery and material handling of Industrial Technology DivisionTilo Huber;Vice Chairman of Guangxi Liugong Group Co., Ltd.、General Manager Wang Taiping;Party Secretary of Guangxi Liugong Machinery Co., Ltd.、Chairman、Zeng Guangan, CEO,Executive Director、Senior Vice President Wen Wu,Yu Chuanfen, Senior Vice President,Vice President Zhu Binqiang、Xiao Xiaolei and others attended the ceremony.。

Witnessed by all the guests,Wang Runyi、Alexander SeeligerOn behalf of ZF, Ceng Guangan and Liugong signed an agreement on the continuation and deepening of cooperation.。

Hand in hand for 30 years Create a model of Sino-foreign cooperation in the industry

ZF has a history of over 100 years.,It is one of the top 500 enterprises in the world.,Dedicated to passenger cars、Provide mobile travel products and solutions in the commercial vehicle and industrial sectors,It is an important supplier of automotive parts in the world.,Five R & D centers and nearly 50 manufacturing plants in major cities in China。Liugong is a representative enterprise in China's construction machinery industry.,After 66 years of hard work,,Now it has become a world-renowned provider of equipment and technology solutions.。

1995,Liugong and ZF Jointly Established Transmission Parts Company——Liuzhou ZF Machinery Co., Ltd.,So is thisZF's first manufacturing base in China。For 30 years,Liuzhou ZF has developed into the preferred manufacturer of high-configuration loader and motor grader transmission components in the industry.,Accumulated sales of 120 thousand high-quality transmission parts,It provides stable supply chain support for the transmission system of the whole machine of mainstream manufacturers in China.,And maintain steady profitability for a long time with extraordinary resilience and vitality,It has created a successful model for Sino-foreign joint ventures in the industry.。

2023,Liugong and ZF Sign Product Technology License Agreement in Germany,It has injected new momentum into the solid cooperation between the two sides to create greater development space.。

Set sail again The road of mutual benefit and win-win is getting wider and wider.

Looking back on the past 30 years,Liugong and ZF are based on firm strategic mutual trust and sincere cooperation.,Established a solid strategic partnership。This Continuation and Deepening Cooperation Signing,Liugong and ZF will make full use of the advantages of the joint venture,ThroughStrategic synergy、Application of new technology、Market expansion,To deepen cooperation、Mutual benefit and win-win。

Zeng Guangan said in his speech.,Engineer Liu and ZF willInnovative applications“Technology licensing and foundry”Dual operation modeType,Meet the needs of diversified product lines in the market,Deep integration of ZF transmission technology and Liugong machine matching technology advantages,Continuously build to meet customer and market needs、More competitive products,Open up a broader global market,Jointly build Liuzhou ZF into a company with excellent quality、Leading manufacturer of high-end gearboxes in the off-road machinery industry。

Andreas MoserHe fully affirmed the cooperation achievements between ZF and Liugong.,He said,The cooperation between ZF and Liugong has gone through 30 years.,Both sides upholdShared values and adherence to long-termism、The concept of sustainable development,Always be mutually beneficial and win-win,It has written a classic successful case of Sino-German enterprise cooperation.。Today, the wave of construction machinery electrification is surging.,We hope to continue in-depth cooperation with Engineer Liu.,Work together for a better tomorrow。

“The deepening cooperation project between Liugong and ZF has a far-reaching impact and a positive demonstration role for the whole Chinese construction machinery industry.。”Su Zimeng said,It is hoped that both sides will focus on cutting-edge technologies.,Dig deep into the full range of construction machinery、Industrial vehicles、Potential market opportunities in agricultural machinery and other fields;Make full use of the advantages of joint venture and cooperation,Continue to expand the scale and influence of the joint venture,Promote the wide application of ZF products in China's construction machinery market。

 

Across mountains and seas,Time is about;Work together as one,Win-win development。

This year marks the 10th anniversary of the establishment of a comprehensive strategic partnership between China and Germany.。Since the establishment of diplomatic relations between China and Germany more than half a century ago,,Bilateral relations have maintained a high level of development.,Cooperation in various fields has been continuously consolidated and deepened.。Sino-German economic and trade、Industry、Cooperation in agriculture and other traditional areas has been deepened.。Liugong and ZF will firmly embrace the opportunities of the times.,Consolidate the foundation for deeper cooperation,Push cooperation to a new level,To make new and greater contributions to local economic prosperity and industry development.。

30 years,A footnote to cooperation,Thumbs up for the future!It is expected that Liugong and ZF will jointly explore new opportunities for Sino-German cooperation and development in the future,Explore the road of mutual benefit and win-win。

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