ZF Meets XCMG on the Way of Agricultural Systems in China
ZF and XCMG establish joint venture to accelerate innovation in agricultural driveline systems in China. ZF (Xuzhou) Machinery Co. is based in Xuzhou, China
ZF Friedrichshafen and XCMG Construction Machinery signed a joint venture agreement in Friedrichshafen, Germany, to strengthen their collaboration in the agricultural machinery sector. The new company, ZF (Xuzhou) Machinery Co., Ltd., will be headquartered in the Xuzhou Economic and Technological Development Zone, Jiangsu Province, China.
ZF and XCMG Executives Signed Joint Venture Agreement
Among those attending the ceremony were Andreas Moser, Member of the ZF Board of Management and Head of the Industrial Technology and Commercial Vehicle Solutions divisions and Alexander Seeliger, Senior Vice President of Division Industrial Technology, Head of the Off-Highway and Test Systems business unit, and Peter Huang, Vice President of Division Industrial Technology and Head of ZF Asia Pacific. Representing XCMG were Yang Dongsheng, Chairman and Party Secretary of XCMG Group and XCMG Machinery, and Luo Guangjie, Vice President of XCMG Machinery. Government representatives from Xuzhou included Chen Tangqing, Party Secretary of the Xuzhou Economic and Technological Development Zone, and Ji Hongzhi, Deputy Director of the Xuzhou Economic and Technological Development Zone.
The joint venture will focus on production of advanced powershift driveline systems for agricultural machinery. It aims to combine global technology standards with tailored solutions that address the specific requirements of the Chinese market. Looking ahead, the partners plan to develop innovative components and system solutions that support the modernization of agricultural machinery in China while also enhancing their competitiveness in international markets. Strong Partnership Combining Complementary Strengths “China is a key market for ZF. Our 45-year presence in the country reflects our long-term commitment and our strong innovation capabilities,” said Andreas Moser, Member of the ZF Board of Management. “With this joint venture, we are taking the next step by expanding the local production of advanced powershift technology, a key enabler for the next generation of high-performance agricultural machinery.”
Yang Dongsheng emphasized the transformation currently underway in China’s agricultural machinery sector: “The industry is evolving toward larger scale, higher-end products, and greater intelligence. Tractor powershift technology is at a key stage of rapid development. By combining XCMG’s strengths in high-end agricultural machinery with ZF’s technological expertise, we aim to jointly produce globally competitive solutions and strengthen China’s agricultural equipment industry.”