Data from the Tianyancha app reveals that ZF (Xuzhou) Machinery Co., Ltd. has been newly established, with Huang Li'en appointed as its legal representative and a substantial registered capital of 8.25 million euros. This company engages in a diverse array of business activities, encompassing the production and sale of gears and gearboxes, the manufacturing of bearings and transmission components, the fabrication of automotive parts and accessories, along with software development endeavors. Regarding its shareholder structure, ZF Holdings B.V. and XCMG Construction Machinery Co., Ltd. hold stakes of 51% and 49%, respectively, with corresponding subscribed capital contributions amounting to 4.2075 million euros and 4.0425 million euros.
