Liuzhou ZF Machinery Co., Ltd. is a joint venture company between Guangxi Liugong Machinery Co., Ltd. of P.R. China and ZF Friedrichshafen AG of Germany to manufacture driveline and parts of driveline for construction machinery. Ratified by the People's Government of Guangxi, both shareholders signed the JV Contract in the Great Hall of the People, Beijing, on Dec.12, 1995, and the business license was approved in the same year.
Guangxi Liugong Machinery Co., Ltd. is the leading wheelloader manufacturer in China, its shares are traded on the stock exchange market at Shenzhen. Excavators, bulldozers, backhoe loaders and other construction machinery have been developed in recent years, thus expanding the business of Liugong in the construction machinery market.
ZF Friedrichshafen AG is the largest international independent power train component manufacturer. Its products are widely supplied to worldwide manufacturers in the fields of automobile industry, construction and agricultural machinery industries, focus on transmissions, axles, hydraulic steering and suspension system. ZF entered into Chinese market in the 1980's and now has established more than 20 enterprises in China.  
Name of the JV:  Liuzhou ZF Machinery Co.,Ltd.
Address: No.143 Heping Road, Liuzhou, Guangxi, P.R. China
Total Investment:  DM 96,000,000.00
Initial Investment: DM 56,000,000.00
Registered Capital:  DM 56,000,000.00
Contribution Ratio:  Guangxi Liugong Machinery Co.,Ltd.-49%
ZF Friedrichshafen AG-51%
JV Products:  WG200/WG180 Powershift Transmission,
AP400 Series Planetary Rigid Axles.
Business Scope:  Transmissions, Axles and Their Components and Parts for Vehicles, Commercial Vehicles, Machinery and Marine Vehicles.
Occupied Area:  72,000 square meters
Initial Construction:  About 25,000 square meters .