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ZF Friedrichshafen and Anhui Heli Co., Ltd. will form a joint venture named ZF-HELI Drivetech (Hefei) Co., Ltd. in Hefei, China. ZF will hold 51% of the shares and contribute its forklift products from its Hangzhou plant, while Heli will contribute part of its transmission and axle production.
“In Heli, we have a partner with outstanding expertise in forklift trucks.”industrial-production.de
Summarized from public sources; check the original articles before acting on it.