Earlier this month, the Shanxi Provincial Economic and Trade Commission and the Shanxi Provincial Development and Reform Commission jointly issued a document and issued the 2008 Shanxi Provincial Technology Transformation Project Funding Plan. Among them, the "annual production of 10,000 units of 16-speed high-torque heavy-duty vehicle transmission project" declared by China National Heavy Duty Truck Group Co., Ltd. won the provincial government's 4 million yuan discount interest fund, which became the project with the most interest-free loans in this plan.

The company's annual production of 10,000 units of 16-speed high-torque heavy-duty vehicle transmission projects has been included in the "Eleventh Five-Year Plan" development plan of large enterprises and large groups in Shanxi Province, and is an auto parts investment project encouraged by the country. The project has completed the feasibility study report. The provincial Economic Commission has filed the Jinjing Investment Character [2008] No. 412. The Provincial Environmental Protection Bureau approved the project environmental impact report form with Jinhuan letter [2008] 929. It was entrusted to Shanxi Province in December last year. The Mechanical Design Institute has prepared a project fund application report. The product of this project is a multi-gear, high-torque heavy-duty automotive gearbox. It was jointly developed by the Big Tooth Company and a famous European design company in 2005. It has the current international advanced technological level and has brought together a number of domestic leading technologies. With mass production conditions, Big Tooth Company has complete independent intellectual property rights for this product.

At present, Big Tooth Company has made full use of the support of the provincial government to develop the HW18710T full synchronizer gearbox on the basis of a 16-speed gearbox, which satisfies the needs of the Group's export cars.