XCMG Group and ZF Friedrichshafen form agricultural machinery joint venture in Xuzhou, China

XCMG Group and ZF Friedrichshafen signed a joint venture agreement on June 2, 2026, to establish ZF (Xuzhou) Machinery Co., Ltd. in Xuzhou, Jiangsu Province, China. The JV will produce advanced powershift transmission systems for agricultural machinery.

“Xuzhou Construction Machinery Group (XCMG Group) and ZF Friedrichshafen AG (ZF) signed a joint venture agreement in Friedrichshafen, Germany on June 2.”prnewswire.com

• 2 sources
• prnewswire.comXCMG Group and ZF Establish Agricultural Machinery Joint VentureXCMG MachineryJun 5, 2026
• newswire.caXCMG Group and ZF Establish Agricultural Machinery Joint VentureJun 5, 2026

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