On 23 April, 2018, Chairman Zeng Guang’an of LiuGong Group presided over a BOD meeting at Liuzhou ZF Machinery Co., Ltd (LZZF), a JV of Guangxi Liugong Machinery Co. and ZF Friedrichshafen AG, in which the 2 sides signed an agreement to confirm the manufacture of a new generation transmission of the BP230. The agreement will enable LiuGong to have its own world-class transmission product.