On October 24, 2010, Zhejiang Wanliyang Transmission Co., Ltd. issued a major asset restructuring suspension announcement that the company is planning major asset reorganization.

Wanliyang promised to disclose a major asset restructuring plan or report by November 25, 2010. The company's shares will resume trading on November 25, 2010.

It is rumored that Wanliyang’s suspension may be ready to acquire Shaanxi Fast Transmission Group Co., Ltd.

According to the Wanliyang prospectus, Shaanxi Fast has more than 40% of the heavy-duty vehicle transmission market share of over 8 tons, and has a market share of more than 85% in the heavy-duty vehicle transmission market of over 15 tons; the company is in the mid-car transmission market. Occupy 60% of the share. The company is the largest heavy-duty transmission production base in China. It has a variety of heavy-duty truck transmissions and ranks first in the heavy-duty truck transmission market share. Currently, it is actively expanding into the passenger car transmission market.

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Double Layer Roll Forming Machine

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