On October 25, 2010, Zhejiang Wanliyang Transmission Co., Ltd. announced that it would suspend its business and plan major assets reorganization. Since then, the market began to rumors that Wanliyang’s suspension may be ready to acquire Shaanxi Fast Transmission Group Co., Ltd. However, as far as the reporter knows, such rumors are almost impossible to operate. The main asset of Shaanxi Fast Transmission Group Co., Ltd. (hereinafter referred to as "Fast Group") is Shaanxi Fast Gear Co., Ltd. (hereinafter referred to as "Fast Gear"), and Fast Gear was established in 2001. In the year, the Delong Department jointly initiated and established the Shaanxi Torch, the predecessor of the Fast Group and Fast Group, and the Delong Department held 51% of shares through the Hunan Torch. In 2005, Weichai Power obtained a 51% stake in Fast Gear through the acquisition of the Hunan Torch. Today, Fast Gear has formed a production and sales capacity close to 10 billion, and Fast Group has become the absolute industry leader in the domestic heavy truck transmission industry. And Wanliyang has a certain market share in the transmission market of China Card. A local market person in Shaanxi said that for a long time, Fast has been regarded as a very good quality asset. Weichai Power and the Shaanxi Provincial SASAC cannot afford to let go. In addition to the Fast Gear, the Fast Group also owns a portion of other assets. At present, it has formed a production and sales capacity of more than one billion. However, Fast senior executives had told reporters earlier that Fast and Shaanxi Province would like to promote IPO listing of these assets. YANGZHOU MAXTONE COMPOSITE CO.,LTD. , https://www.maxtonetruckbody.com