HANGZHOU, CHINA, Aug 18, 2010 (MARKETWIRE via COMTEX) -- Zhongchai Machinery, Inc. announced that its wholly owned Chinese subsidiary, Zhejiang Zhongchai Machinery Co., Ltd. ("Zhejiang Zhongchai"), has successfully developed, produced, and distributed its transmission products (Transmission Gearboxes) in China. Zhongchai has produced and delivered over 10,000 sets of the transmission gearboxes to the equipment manufacturers in China in last fiscal year, which is almost five times of that produced and delivered in fiscal year 2009. These transmission products are needed for the fast infrastructure expansion and mainly used for industrial applications, such as forklift trucks. Zhongchai has developed three series of transmission products in the tonnage of 1.8t, 2.5t, and 3-4t with 17 model variations, including mechanical (manual shift) and hydraulic (automatic control) versions. All models are certified and meeting the compliances and industrial standards. After fitting, modification, and compliance tests, more than 20 major forklift truck manufacturers have adopted these newly developed transmission products including the global leaders among the industrial equipment makers.

Zhongchai has entered into an area of business that enjoyed the fast growth of infrastructure build up in China. With its technology advantages and superior production quality, Zhongchai is becoming the market leader in the market sector.

"The successful introduction of our transmission product line makes us setting solid footstep on the market. We will increase our production capability and increase the deliver to meet the market demand. We will continue to develop our next generation products and to be the leader in this market sector," said by Mr. He Mengxin, the president of Zhejiang Zhongchai.

Zhongchai Machinery, Inc.

Zhongchai Machinery, Inc. is a developer, producer, and distributor of gears, transmission gearboxes, and driving systems for industrial and agricultural equipment, such as forklift trucks and diesel engines. It conducts its business in China through its wholly owned subsidiary in China.

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