CANG BAO TIAN XIA INTERNATIONAL ART TRADE CENTER, INC., formerly Zhongchai Machinery, Inc., through its subsidiaries, is focused on the manufacturing and distribution of drivetrain products, mainly transmission gearboxes, gears and transaxles in the People’s Republic of China. These products are used for making industrial, agricultural, and construction machinery, such as forklift trucks, excavators, tractors, diesel engines and other machines. The gears produced by the Company are used for internal production of transmission gearboxes and sold mainly to Chinese diesel engine manufacturers. Zhongchai Machinery conducts all of its business operations in China through its overseas holding company, Zhongchai Holding (Hong Kong) Limited and Zhejiang Zhongchai Machinery Co., Ltd. that produces and sells transmission gearboxes, gears and transaxles.
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